In my opinion, the biggest problem is that the system of redistributing money (on steemit) is too much monopolized and corrupted.

The big investors, which has most of power over here, can basically boost up anyone's account- just with few clicks, without even any responsibility.
Small players, like writers and post-creaters usually cant do anything over here ( in terms of voting and helping someone ) because they just simply have not enough power.

All losses that big investors got, were made just because one simple reason:
Account boosting.

Im not from the start of the steemit, but im kind of early user.
I have found out that many account gets upvotes from huge players for any text written: i have even seen whales constantly upvoting a guy who was insulting

Its simple: if someone invested here, and he gave upvotes to some worthless posts: he was basically distributing the money of the shareholders to people that will only change it to SBD and convert into BTC- and probably, then into fiat.

As we can see, it is very important to boost only real post-creators, which dont want a profit, but just get more known and learn in typing better articles.

Thats my first comment since like few months, because im looking what is happening here for a long time- and im terrified.
My account was worth around 350$ and now its 27$.
I had some payouts but they were worth very little.

Im very sorry for big investors, this is all devs faults for making steemit system leaky.