Why do you think steem will have a bright future?
For the past few months, we have been seeing the price of bitcoin and other cryptocurrencies declining. This even has an impact on steem as well. But compared to other cryptocurrencies, steem stays strong. As we are seeing so many applications built on top of the steem blockchain, I see a bright future for steem. @Musing is one best example. What is your opinion on this? Please share your views.
Steem is one the few crypto-currencies that has a developed and fully functional platform behind it.
It has a real world use case which is very uncommon in the cryto-world. Even a layman can see the use case for steem. In my opinion Steem does have a bright future ahead unless and until they dont mess it up themselves like Yahoo or Orkut. We all know that at one time Yahoo was way ahead of Google but just look at it now.
The technological niche is a fast changing sphere and thus to survive in it one has to be constantly addressing the shortcomings of a platform. As long as Steem is performing better than its rivals it will have a Bright Future.
Bitcoin generally tends to affect the entire market when it rises and falls. So it is normal to see Steem dip during the market downtrends. I personally believe Steem will have a bright future. Especially being that the Steemit platform, and many others at this point, depend on Steem.
For Steemit being the first of it's kind, blockchain driven social media platform, it is incredibly successful, and constantly being updated. I think we are still in the relative early stages of just how far Steemit is going to go.
Now that we are seeing incredible platforms arise left and right such as musing, and dlive, it's only going to get better from here.
The best has yet to come!
Steem is a very flexible platform with many potential use cases that can be built on it. It is really up to the developers imagination.
Next, Steem is one of the few projects that we actual see people actively using it and promoting it.
These 2 reasons alone are enough to justify the bright future which I foresee for Steem.
Can the blockchain at this time support massive user interactions/adoption? I think the active development continuing is vital moving forward, - scalability - but there is lots going on right now. I think the buzz speaks for itself, but many do get tired of the small returns and limited time frame for rewards. I think we will see changes here too as time goes on.
The only alt-coin that I know of that has such a large community and development going on behind it is Steem.
Steem at the moment is way ahead of everything else, I think it's just a matter of time before it starts rising on the charts. Plus at the end of the day because of the market that supports Steem and the demand It's also one of the safest and smartest coin to invest in.
Steem will have a bright future because more
investors are investing on steem,steem is getting
popular each day because many people now see the the benefit they will get from their investments
on a good cryptocurrency like steem,there are so many good projects using the steem market
which means that there is still going to be more
demands on the steem market,when a
cryptocurrency gets many demands it makes the cryptocurrency to worth more and become more
popular and better choice for cryptocurency investors...:
I think no beacause all are earning money by using bots only
Steem has a very good future because they are running many different programs and daily updated the team is very good the project behind this is very good and i always says if the project is good you can invest in it and be safe for long term.
Steem is competitor of many applications like youtube, blogger and many other concepts and this all are now a days coming in blockchain technology where steem blockchain has already made many progress in this technology.
I amn't a pessimistic but I do think steemit is not going to have that bright future as everyone is thinking. It may or may not have.
Initial people in steemit has grown a bit easily and now a days building a profile is becoming a bit hard.
Imagine if someone start another platform just like steemit then people would run there to catch the larger pie.
If the newer platforms provide better options than steemit then people would go there.
Steemit should be upgrading overtime just like the apple. Then I guess it would have the brightest future.
It is very special project cant be lost.