It is possible that Steemit may be growing faster than it's market cap can support. As someone mentioned, it's very easy to blog but very hard to buy Steem Power. You can't buy Steem Power with fiat, with a credit card, etc, and this bottle neck is the reason why payouts decrease for everyone, not just top bloggers. Because as more people join, they want to blog, but the amount of money in the pool is decreasing because not enough people are buying Steem Power for the growth rate of Steemit to be sustainable with the current group of bloggers.
More bloggers than there is buyers for Steem Power may be the problem.
The market will work it self out. If more and more growth is happening Crypto investors will come into by Steem. Let's don't worry about the price. Let's focus on getting this platform to reward great quality content and fair curation.
If that is the issue how can they promote people buying steem power?
Would there be a way for some people or companies/organisations to pay to have their posts promoted?
If this were to happen (and I'm not really sure how I feel about tbh) I think it would require a feature to make it stand out as obviously paid for content promotion.
@krystle Yes, right from the beginning of the design, paying to boost your content has been built into the system. It's an intentional design to entice businesses to use Steem as a marketing and press release type platform.
It doesn't mean that the material will necessarily make it to the top-hits page, I mean #trending, but especially when groups are implemented, it can push such posts up to the tops of group trending filter pages.
And furthermore, the benefit for everyone is that, if a business buys and vests steem to promote its marketing, the entire steemosphere gets a boost to available rewards!