Steemit may have some structural issues that may hamper growth in the long run. For example, Supply (writers) vs. demand (readers/curators). Since most users want to earn (main advantage of steemit), we may have more writers than readers and curators. Therefore, it will be very hard to keep new bloggers who may be decent writers. New bloggers may not stay long enough to relevant in steemit. Without significant monetary advantages to readers and curators, new users may feel it overwhelmed and may not be active after few days. It takes significant time and energy to read and even make a good comment that can earn a vote. Since there are other sources where they can get information (e.g. better answer in Reddit or Quora, or better social interface), they may not be interested in steemit in the long run. However, someone with big stakes (e.g. can invest thousands of steems) can earn something through curation (e.g. delegation to bot) or blogging. It would be interesting how steemit can overcome these structural issues?
RE: The Irrational Trader