Today I listened to talking about 5 Crypto to Survive a Market Crash - My picks. I always learn something new from his video that is why I am a regular follower of his content. So I can recommend to check him out if you haven't done yet.
source: cointelegraph
What I really liked in this video is him explaining the criteria for selecting projects. Utilization and maturity of technology are two main ones.
According to those criteria I was certain that steem is going to be in that top 5 but it wasn't. In a comment in his steem post he states the reason for not being in the top 5:
it's been susceptible to major crashes in the past
I am wondering if that is relevant in a long term bear market - in my opinion in the long run utilization (user base and activeness) will be the insurance for surviving a multi year bear market.
But what I am not sure about - if we go back to lets say steem 0.50 USD for 2-3 years the author/curation rewards will be significantly lower. Does that reduce the user community so significantly that steem is going to be abandoned? That is for me the most critical question about steem and a bear market. If that is not going to be a problem I really see steem as one of the most fundamental healthy projects in the cryptoverse.
What are your thoughts on this? Should steem be in the top 5 and why?