I think steem has proved that it has value. I know it sucks for investors that the price is low, but in the long run it's better that it's undervalued while the markets are volatile.

I was invited to steem by two friends, both of whom are investors and I've built up from 0 as a minnow, so I see both sides of the coin.

Steem needs investors that believe in the platform. I'm not earning enough to make a living, but I've worked hard and in time I could see that becoming a reality. If steem is overvalued it brings in the kiddie investors - buy, sell, panic, overreact, fomo, fud, etc and that will hurt the platform in the long run.