I like your analysis. It will be interesting to see what blind sides us this next year!
I really, for the life of me, can't figure out why Steem isn't performing better than it is, especially relative to the competition. There will be a lot of action coming in the next few months. I hope that it makes it to the top 20 again and stays their where I think it belongs.
Steem looks like it will be a niche token. I don't think SMT's will bring it back. Too many technologies that can supplant it.
Nice work @hilarski. That was interesting seeing your comment on Ripple, I have not heard it explained that way. I think the innovations this coming year and beyond are going to come fast and furious, along with a lot of volatility, both good and bad for crypto bulls like you and I. I am curious to see potential takeovers, mergers, in the crypto scene by outside investment and by the cryptos themselves. Maybe it is too soon for that, but in this sector just about anything is in play. Thanks for the fresh thoughts I will take them to heart, Happy New Year!
I disagree, there's no blockchain that can scale better than Steem right now and it's designed for social media. Any site that wants to do what Steemit is doing is going to use SMT.
So you think social media is well represented by all the whale flagging wars? You think social media is well represented by a system where 90% of value is owned by less than 1% of the accounts? You think social media is well represented by a system where the relatively rich in Stake Whales, get to go around and flag opinions they don't like?
You are relatively new on Steemit. You will learn. And your learning will inform you that steemit.com and STEEM have too may inherent issues to ever be a top 20 coin again.
Totally agreed on the assessment for STEEM. An interesting niche. Too little attention paid to resolving the whale flagging wars. And the huge ninja pre-mine hurts the credibility o the founding team. STEEM will sink to below 70 on CMC by the end of 2018. Might still make it to $10; but it will below 70 on CMC even if it does make it to $10
Are you optimistic about STEEM in 2018 then @hilarski ? whats exactly the potential impact of SMT if you dont mind clarifying please? thanks mate
Top 100 coin, that is still good but far from what it could be.
thanks mate!
I am very optimistic in steemit's 2018 for sure. The trading dynamic is almost built more on the screwing up by international politicians than the countless merits of hopping on board a blockchain based currency. An economic recovery will slow down this momentum a little, but I think the seepage of people leaving the social networks has started and it's only a short matter of time before they panic, as they should. Maybe they go out buy a platform like steemit for a price that can't be refused. Being a decentralized chain I am almost confused at how that would work.
great point @cryptkeeper17 ! thanks mate ;)
Absolutely loved the back and forth @albertoyago. I too am curious of people's thoughts on these topics so I am glad I was able hear a bit of yours. Happy New Year sir, best of luck in the coming 2018!
Thanks a lot @cryptkeeper17 ! Happy 2018 man! :)