Can STEEM navigate through the rough times ahead?
It feels like I'm thinking about the future of STEEM on a daily basis and question if this will really be a big thing, or if it will eventually just become 'another' alt cryptocurrency?
I know there are plenty of people still bullish on STEEM and the future on SMT's but it doesn't translate into real world applications in my humble opinion.
STEEM and the Steem applications are still acting like faucets, and not actually building something people are talking about outside of this Steem-Bubble.
And certainly we don't see a lot of movement in the crypto online news as STEEM certainly appears to have lost it's buzz.
I really believed in the SMT model until a few months back, but the 'Coming Soon' message is wearing a bit thin.
STEEM has lost the first mover advantage, by taking so long to deliver this smart token and without any announcements of major deals with existing sites, I feel SMT's will come and go rather quickly.
Sure we might see an influx of shitty ICO's trying to scam money from unsuspecting customers, but we'll need more than that if the STEEM token becomes on object of desire.
And the fact that we couldn't sustain a reasonable price during the Bitcoin crash, also suggests we don't have enough buy support for our token.
However, the one thing STEEM does have is a community and a number of projects that use STEEM. But as we can see this doesn't normally translate into success, as most projects can't raise the necessary SP to power the projects.
I guess the thought is they will have to buy STEEM and hence raise the price, but we are talking low budget, small team projects, and not silicon valley VC funded projects here.
Only, time will tell if SMT's will save STEEM or if after a small surge in price, it resumes it's downward trend.
I certainly hope it can recover, because it has massive upside if it get's picked up by an established website looking to reward it's users with smart tokens.
But for this to happen we first need SMT's to be released and a huge marketing campaign by Steem Inc to get some decent media attention.
Because it doesn't matter how good we think STEEM is, it'll fail if nobody knows about it.
Image Source: Giphy
definitely, steem has real users and actual activity/engagement
Yes, it's the only thing that makes the difference, but it would be nice if other people knew this too.
Same question here... excellent gif...
I think that the problems are many :
no decentralized hosting, it is just the chain and the chain is dpos, meaning the delegate makes way too much and don't share with their voters...
the medias will never support steem, they get too much money from fb, twatter and co to be honest about decentralization.
having to pay 10 steem to get an account, or having to register sucks, when for example with bitmessage you just load and go.
the isreali amp project may one day finally kill steem, by being really decentralized and uncensorable.
personally, I don't regret to have sold most of my steem for pivx... and I did it for the reasons above.
the format of the website sucks, I prefer forums, cleaner, faster and simpler. then 5 min delay between posts sucks (I would need a "loader") and the lack of native exchange support for steem...
most people only care about their posts, don't ever visit others pages, and the bot swarm, multivote and others groups clearly loot the reward supplies...
will see... personally I wait for better... just the unilateral undiscussed removal of the number of view clearly illustrate how arrogant steemit incorporated has become...
You nailed it, but you missed the important one. Steemit INC doesn't appear to care about addressing these issue, even though they are raised time and time again.
yeah... sadly, I don't even know the name of the ceo nor follow the steem blog as effectively this centralized org doesn't seem interested in decentralized governance :).
have a nice day.
Yeah there is that ;-)
the most problable the sucker is planning a zuckerberg, selling out and censorship... and then wall himself somewhere and fuck whores.
We should all unite
Yes, I agree
Thank You
The problem I am seeing is that there are bullies on Steem and a few have left because of the intimidation.
Agreed, bullying is left unchecked. Sadly, it's because money is involved and the strong don't stand up in fear of loosing a few hundred dollars even when they are worth $100,000.
Here are three bullies who are recently created to just downvote people.
1.) https://steemd.com/@topfrsteemer
2.) https://steemit.com/@cosmosteemer
3.) https://steemit.com/@niquetarace
There are no other activities on these accounts but downvoting which makes them very suspicious.
All these three accounts are used to attack newbies or Steemians with low reputation.
These accounts were recently made too and all they do is target low reputation Steemians and probably to intimidate them off Steemit.
The first two even have similar names.
plz upvote me
I did...
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