I think we have some real value, but to be fair I also think we haven't capitalized on that value yet. What I would say is we have a good base to grow on.
While we do have many great apps and a great community, we have not stopped endusers, haejin and others from devaluing our investment. It's like having a really nice store, but not fighting shoplifters.
Also we've done almost no marketing, so it's like having a really nice store in an unusual neighborhood, but not telling anyone we are there.
Also our largest partner, SteemIt Inc is selling 800k Steem a month, so it is also like having a great store but your partner owns a lot more stock than you and keeps selling.
While I agree we are building a great foundation, we really need to get the NewSteem attitude out there in the world and let people know we are here and open for business. We have to fight bad actors and if we can raise the price and demand maybe we can offset SteemIt Inc.'s selling.
RE: Steem Feels Very Undervalued