The problems with Steemit is that there are  some  whales which are manipulating the system because of their massive amount of Steem power. People with large amount of Steem power are making huge amount of money on downvoting. A few people are manipulating the Steem platform including banning people and censoring them by the use of downvoting automatically, they just add the person account and its immediately downvoted when the person upload the article. Also when you try to withdraw your Steem power it takes forever to cash it out, so I caution everyone to be very carefull and do your own research and not to listen to people that are tied in with Steemit. If you wish to invest in Steem do it on an Exchange instead. Also the price of Steem is far too much over value as compare with real Blockchain businesses. My prediction on the Steem is that it will nose dive even further to about 0.001