Disgusting to read this! How can you compare Reddcoin with Steemit?
Its like comparing Patreon with Youtube, and I can't believe the other people even upvoting this, and the comments agreeing to your total nonsense post about why "reddcoin failed and steemit didn't?"

Reddcoin isn't even finished (that's why its so cheap right now).
They are still in development and are currently working on Redd-ID.

When they launch it it will blow up, because people on ALL social networks can use Reddcoin (which is most comparable with Patreon, NOT STEEMIT), While Steemit (which you compared with Reddcoin) can only be used on the steemit platform.

Can you tip someone from steemit to twitter? Facebook? google+ ? youtube?
The answer is NO, while Reddcoin are developing plugins and browser add-ons to directly tip someone while browsing other Social Platforms, Reddcoin is not a Social platform itself like Steemit is now.

The only way Steemit can succeed is by beating the other networks and trying to get the highly valuable content creators on this network, and this I can guarantee you will never happen.

You can't currently even upload a video to steemit, and the way this system rewards people by just clicking on a button, or posting some shit you took from another network I don't think it will ever happen.

Either steemit will get sued so hard for copyright infringement, or they are out of money because it's all down the drain to every copy / paste warrior on steemit right now and they can't handle the server costs.

I know your all happy that you make a profit on steemit, but please don't close your eyes on other potential currencies and platforms because your fun and joy will most likely end right here with steemit.

Have fun while it lasts, because at some point "this" here, where I can make a couple dollars with minimal effort will end sooner than you can blink. So, don't blink and start shit posting as much as you can while it lasts.