This is the perfect time for them to attempt to save themselves. They won't deliver on time, we know that.
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This is the perfect time for them to attempt to save themselves. They won't deliver on time, we know that.
Reminds me of the government always kicking the can to the next generation to pay the bills.
Didn't they already tell us that SMTs would be here before the end of 2018?
Now another promise of something that is going to depend on more than just the developers of steemit.
Yes tomorrow always comes and every thing else just stays the same. NOT!
There are way to many factors in this fast changing world we live in to keep making promises for future events.
Even Elon Musk cant do that right, Look at the Model 3! And Steemit is no Tesla!
Yeah, you're right. Steemit Inc is actually more responsible than Tesla, lately :p
Obviously, it doesn't matter about the release date except to not expect SMT before then.
I don't mind the updates, anyways.
Surely, ethereum's smart-contracts were a financial boon to the entire ecosystem. There's a good chance of SMT doing something similar for Steem. I'm interested. However, not as interested as I am in having a competitive UX on steemit.com
hey @berniesanders, lets verify, whether they are capable to launch test-net on time.
@remind-me on 15 January 2019
I love this! Great idea!
Hey @adasq, I will notify you on January 15th 2019, 12:00:00 pm (UTC)
Later! ( read more... )
Haha reddit vibes.
Hi @adasq!
You asked me in this comment to create a reminder.
It seems the time has passed!
The thing is if they just say they'll release it when it's done that is better than to announce a day so far into the future that the market could react negatively. Now the market can price in that Steem might not have SMTs at all this year and also the fact that Dan Larimer is busy working on Steem 2.0 which probably will launch sometime this year. This is actually worse than no announcement.
Now, I do think they should take all the time necessary to get SMT right because we all know the fate of the entire community and platform depends on the success of SMTs. The problem is we want communities, we want new features this year and the price of Steem has collapsed. So it's not going to be easy to tell people to wait until March 2019.
On Dan Larimer working on steem2.0 is that an actual fact or just rumours, if yes, is it a social platform just like this one? Or just coins.
Good point it may just be rumors but knowing how Dan Larimer does things I would think it's likely not just a rumor.
Even without rumors it is a safe bet to assume that a strong competitor will arrive because of EOS.
I guess we just have to wait it out. I'm in for whatever benefits the SteemiSphere and CryptoSphere at large.
I have a ton of respect for you, but on this I disagree and don't get your argument. On the one hand you're saying that Steem has no value as a protocol (strongly disagree) and that SMTs are what will give it value. Then you claim Steem 2.0 as a threat, despite the fact that Steem 2.0 is not SMTs 2.0. I do not believe it is rational to think that somehow while Dan is trying to make EOS work he can build a better Steem while at the same time the team that actually built Steem is working their butts off making it better and better. That being said, it's odd to argue first that Steem has no value and then that Steem 2.0, derivative in its very name, is a threat. Now let's assume that there is also an SMT competitor in the works. First, where's the specs? Second, where's the timeline? Third, do people believe that Dan is incapable of generating actually original ideas as opposed to just copying what we do? I actually have more respect for Dan than that, and hope he's working on something that will bring additional value to the sector. All the work we've already done on Steem and SMTs is valuable. Nothing we've done has been "fat" so if someone wants to beat us to the punch, they'll be starting from a serious deficit. This is how long building this takes. There is no other team on the planet that can build this, and certainly no team that could build it faster. Finally, we believe firmly that our approach of building an application-specific protocol will enable us to scale while simultaneously outpacing our competitors. That is our strategy and we're sticking to it. Also, the market doesn't seem to be following your logic today, but you know markets, I'm sure they'll back you up tomorrow ;)
I do not argue that Steem has no value. If there are over a million users then clearly it has value. I am arguing that the market does not value Steem as a store of value and that the evidence shows this if we look at the chart history. I argue that something has to be done to reverse this or it's going to allow competitors of Steem to win.
How? Well first their reward pools will be bigger and so the Steem users will simply follow the rewards in most cases. So it is important that the Steem Power and Steem token become a store of value (in terms of BTC price).
That's one theory. Based on your reading of the charts, you have derived a theory on the value of Steem. My theory on why Steem is undervalued is because: 1. Most people are not even aware it is a protocol due to the success of steemit.com. 2. People do not yet understand how they can leverage an application-specific protocol without smart contracts to accomplish everything they need in a blockchain protocol and they require education. 3. All cryptocurrencies effectively move as a unit and the individual variations, whether in price or time, are illusory. 4. Eventually Steem's value proposition, which is already widely recognized, including by you, will be reflected in the price. 5. SMTs help people to see how Steem can add value to their enterprise and provide an opportunity to inject capital into the economy. But that's just my theory, like yours, I have no idea if its right. All of that being said, the witnesses are the ones to convince. Of course, I would support any proposal for which there is consensus among the community.
I have no idea what you are talking about, but, I'm buying into steem as fast as the money comes to do so...
Can we stop with the fat shaming ?
Boobs.
Thank you for those reassuring words @andrarchy and for all the work you and the steemit team are putting into this.
Let the countdown to SMT's begin!
Whether or not I agree with @danaedwards depends on when communities drops and what that looks like, how effective it is in keeping people around. As far as I can see, one of steemits biggest flaws is it's high turnover rate with users, because it's harder to gain users back once they quit and a lot of the great passionate people who indirectly added value to the coin have left the platform. I think a lot of this has to do with how it is organized and how finding a niche has bascially taken the form of some auto-vote club or top-down structure, rather than something like a sub-reddit that you like.
We still don't have a date on communities do we?
I'm sorry to intrude on such a great conversation, but why would Dan Larimer feel the need to piggy-back on the name of Steem with Steem 2.0? If he will have a great product, why not have its own name and announced as such, with the community built from the ground up as Steem has over the passed two and a half years?
He has created awesome projects, but so far he managed to leave them all behind. That's not very reassuring for its current project.
I don't know. Why don't you ask him? He has an account here and can respond.
Good for him, I just checked and didn't know @dan account was still active here. The question stands, lol.
"Securing a Decentralized and Prosperous EOS". See from that title he cares about the community being prosperous. That is I think what Steem is currently missing.
Steem has a lead but if EOS is more prosperous? How will Steem as a community remain in the lead?
Yep, that is a slogan. And Steem is "the blockchain of opportunity" if I'm not mistaken.
Frankly, I don't believe in prosperity for all. But I do believe in opportunity for all.
But again, both are merely slogans.
We will see what happens. So, what is now in the making (or at least in the declarations)? Steem 2.0? BitShares 3.0? Using simple logic, when will we see EOS 2.0, with @dan on a different project announcing it?
There actually was a Bitshares 2.0 and Dan did actually switch his attention to Steem and then to EOS. I don't know.
I don't agree, companies trying to take advantage of SMT will need months of preparation as well,.
If you don't announce it in advance, it will delay the adoption (you can only starting to get ready when you know if and when is coming) and some companies will look somewhere else because the uncertainty of the release dates
Agreed! Steem is on the way to "trash out" and they want to save it by attempting something which could or could not be happened in the next year!
It is better that you know that WILL happen then, isn't it?
Why don't you dare to take a bet against this date. Give the team 1 Bitcoin if they could pull the trigger until 2019... what can you say?
You want me to pay the team for something they're already being paid for? What?
Well, you were right.