So an Article about Steem/Steemit being a Ponzi hit the frontpage of Reddit's /r/bitcoin...
So an Article about Steem/Steemit being a Ponzi hit the frontpage of Reddit's /r/bitcoin.
You can see it over here:
https://www.reddit.com/r/Bitcoin/comments/4u3vov/steem_turning_into_an_inadvertent_ponzi_funded_by/
While the article makes fun of Steemit, and call's it a Ponzi, This is a Big Deal. We are attracting the attention of the Bitcoin Community and Reddit!
The sub-reddit has nearly 30,000 unique visitors per day and mostly crypto currency enthusiasts and active redditors.
Interesting times, ETH is gaining traction, Steemit swiftly stepped up the ranks and Bitcoin is currently heading south, Bitcoin's market dominance could be starting to fade. Are crypto's moving away from an oligopoly to a monopolistic competition market structure...
Yep. I have no idea how ETH keeps getting Bitcoin thrown at it while Steemit is being called a scam.
Same thing happened to BItcoin everyone was screaming its a scam...ironic if it turns out that Steemit is legit, which i think it is...
It will be interesting what the attention raises.
I guess Publicity is Publicity right, Good or Bad it calls for adoption.
haha even a Bitcoin Developer replied
all publicity is good publicity, immaright?
"First they ignore you, then they laugh at you, then they fight you, then you win."