No @jerrybanfield, steem will NOT surpass bitcoin

in #steem7 years ago (edited)

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So besides the controversy with @jerrybanfield with the amount of bidbots used for his post, he went on to claim that steem will surpass bitcoin.......
WHAT ARE YOU SMOKING?

To say that is like saying wood will be replacing steel in all building structures.. it just won't happen. Bitcoin is the foundation of all cryptos, just like how we a STEEL support beam in our houses. If that beam wasn't there, the house is coming down.

There are better coins out there to possibly pick up the mantle, like ltc or eth..... I dare to even say Bitcoin cash too. Take a look at Reddit, and do you see any mention of steem in r/cryptocurrency? NO!

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Yes, that subreddit in particular is known for shilling, but I sure as hell don't see anyone shilling steem! Also, I decided to take a look at your Twitter, since you do have quite a bit of followers.
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Sure seems like those 101,000 followers don't agree with that statement. Maybe some of them didn't see it, or maybe you have what we call fake followers? Who knows. But here is something else. Take a look at the screenshot from coinmarketcap from January 1st of 2017
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Yes, the value wasn't high yet, but it was in the #10 spot. Now, take a look at the top ten today.
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Quite a bit different don't you think? Steem, along with quite a few others, are nowhere in sight. So, where does steem sit today?
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At #31! Seems to me like alot of negativity from steemit might've played a huge factor in it's drop. But one thing hasn't changed, and that's Bitcoin still sitting at #1.

Don't get me wrong, steemit can be a successful platform, the value is there. But with all the other cryptos out there, I just don't see it happening. I wouldn't be surprised after the end of this year its sitting below #60. Something might surpass bitcoin someday, but that won't be steem. I'm expecting you to write another post at the end of 2021 @jerrybanfield , and it better be you admitting you were wrong.

Thanks for reading! Feel free to comment below.

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Yes, that's kinda ridiculous. Bitcoin as a store of value will not be surpassed by Steemit. Maybe it will on day lose its supremacy, but it wont be defeated by Steemit (even though I love Steemit). Please check our content and show us some love if you like it ;)

I like steemit too, even if it's rough around the edges, and I mean ROUGH. But idk what Jerry was thinking when he made that post, he had to be on drugs.

Or shilling Steemit ;) When ppl have bags of a coin, they somehow become subconsciously "married" to it :)

I agree with you Steem is there but there are projects that are simply worth more.

EOS, NEO, ICX, VEN, ADA (when it delivers smth more than a great WhitePaper), WTC, ITC, XLM... Moreover, they are much better projects than Bitcoin itself: faster, better tech, offers some kind of staking rewards, daaps etc etc. Bitcoin is just a store of value. That's not what Satoshi Nakamoto wanted to create unfortunately.

Who is to say there wont be a massive paradigm shift in the crypto world and Steemit becomes the new Facebook where everyone and their mom has one. At that point Steemit could become a sort of peer to peer economy and banking system. There will always be uses and a community to support all of these projects (BTC, ETH, LTC, STEEM) but there could be a mass migration towards the network with least resistance. STEEM is still the MOST used block chain in the world, although it does not have the networking effect that Bitcoin has created (yet).

while a shift is definitely a possibility, I still don't see steem overtaking it. Plenty of other coins out there that better deserve that right. edit: also , thank you guys for commenting, I personally love discussions.

Steem will never overtake BTC, thats not possible to dethrone the one that started it all. But there is a bright future for Steemians ahead. P.S. If you love discussion, follow us and you will find our dedicated TG channels for crypto discussions and advice ;)

Let's hope there will be a massive shift because now the market is toxic. Why would a massive project like Steemit or for example EOS, VEN get dumped just because BTC tanks? How does it worse in the course of one day? Definitely, this is flawed. There should be more alts/fiat pairings.

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Your guess is as good as mine and in 3 years we can have a more informed conversation! A lot can change in three years as we see from https://coinmarketcap.com/historical/20150419/

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