The reason why Steemit will fail: Takers. / No investors' adding value to the community either thru content (investment of time) or investing in Steem and Steem dollars.
Is Steemit only attracting takers?
If we upvote ourselves and our own comments, we may just as well hear the words. "Iceberg, dead ahead!"

With out investment; Steemit will sink, it is a mathematical certainty.

Please enjoy your example.

H. G.

(Brought to us by a YouTube clip. From the movie Titanic) Source.