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RE: Why STEEM Falls More Than Other Tokens
You are quite right that it is Steem's true strength (as a usable currency that can be earned and spent and which gives real utility in an ecosystem) that makes it more vulnerable to price downturns in a bear market.
Of course, in the longer term, the price of a currency is driven by its actual usage and utility. All else is mindless speculation.
This speculative phase of great exuberance and now great depression will pass and in time the really valuable currencies will be those, like Steem, with real utility and a community that is using them every day.
Of course, the utility will have to be created. We can't eschew corporate accounts or advertising here forever. What we need is more of the likes of @coingecko. Coingecko converted three bitcoins into STEEM and powered up, not for the purposes of earning more STEEM and selling it for fiat but in order to create a presence on Steem and market itself. Why haven't more crypto companies created a Steem accounts to promote themselves to Steemians, a 100,000 strong community nearly every member of which into cryptocurrencies? Why hasn't Steem been marketed to them?
It depends what you mean by advertising. What Coingecko did is what we want. You can promote your product already by writing good posts and investing in Steem.
Corporate accounts are already possible. Multisig is available at blockchain level. Just needs to be implemented in front ends.
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I mean an app elling ad space and pulling user data to target the ads better. Such an app would be much less or not at all dependent on free delegations like so many other apps. Such an app could fund its own growth and potential create a lot of buying pressure on STEEM.