Many people are cashing out because the sites losing credibility with all the bots downvoting hundreds of posts an hour. They only let posts through that are posative info about steemit or involve tits. I'm sure you'll get downvoted by the asshat Isaac, every new post i've read all day had his downvote within 5 mins of posting. Here is some info for your upvoting pleasure blessed be
https://steemit.com/steem/@kalaylah77/isaac-asimov-how-do-we-stop-a-habitual-downvoter-he-obviously-is-being-paid-to-push-worthy-content-to-the-back-so-certain-posts
Allot of this will be solved once there are the equivalent of sub-reddits. more focused, smaller communities which will allow steemers to filter out the posts that dont interest them.
The inherent nature of the voting system doesnt allow for the success/visibility of long-form content, since it gets drowned out by pics of hot chicks.
I firmly believe that there is high demand for thoughtful quality posts, there just needs to be a better way for consumers to find them.
Edit: I guess what I really mean is a customizable front page similar to reddit. Its too much of a chore for me to navigate to a topic of interest on Steemit.