Can Steem become Ethereum Killer?

in #steem6 years ago


steemit moon (1).jpg

I know at current stage this question sounds very strange but with upcoming implementation of SMTs in March 2019, it can actually become reality. Let's see in little detail what repercussion it can have for Future of STEEM.

Comparison with Ethereum

There are only 2 coins currently which support additional tokens on their own blockchain

  • Ethereum
  • Neo

Ethereum is no doubt a very valuable cryptocurrency currently ranked#2 after Bitcoin and offered unique solution of Smart Contracts but with release of Smart Media Tokens, Steem can directly compete with Ethereum.

EthereumSteem
Transaction Speed:
15/ Second10,000/ Second
Average Transaction Price:
1$Zero



Scalability issues of Ethereum are already all over the place and current blockchain activity of Steem is already more than Ethereum

dgf.jpg


Future Market Cap and Price

During last Bullish Market when cryptocurrency market was $850 Billion

  • Ethereum crossed barrier of $1000 and attained All Time High value of aprox $1200
  • Neo managed to attain ATH value of $200.

Now the more interesting question is, if Steemit Inc implements SMTs successfully and perform accordingly then what can stop Steem to get beyond its ATH of $8 and eventually cross $100 ?

Yes, there are also other coins too in market which are competing to claim the throne of Blockchain 3.0 like Zilliqa, EOS, Cardano, Arcblock, Aion etc but only time will which eventually outperform others.
All of this is just speculation of what can eventually happen to in Q1 2019 and actual events can be slight different but so far things look promising and there is no harm in hoping for the best.

End Note:

@timcliff has recently taken great initiative Steem Blast to promote Steem and i think you should definitely check out following post and his blog for that
STEEM to the Moon! ☽ (SteemBlast is Today) 💥 Everyone Read 💥

And just a side-note of how Ethereum is performing right now ;)

Sort:  

managed to be on time and check out this great and informative post, @bluemist. :) . And the video was super helpful. :D :D Graphic !!!! :D

That's very kind of you. By the way Steemit is still waiting for you to get active again :)

We are SO proud to have you as a member of our
FANTABULOUS @steemitbloggers family!
uvoted and resteemed!

❤ MWAH!!! ❤

interested in joining the Steemit Bloggers Community?

Asalam Walekum Bhaijaan. Can you send me a Friend Request on Discord. Username amarbir#0617. My Previous Account encountered Certain Issues that's why asking you to send me a Friend Request.

LOL! Great visual aid, @bluemist! I imagine most people who have invested are like...


via GIPHY

Haha, yes definitely and Thank You :)

@bluemist
Hi, I removed a 200 steem delegation from @appreciator and it still shows on my delegation total. Just wondered if there is a waiting period.

please advise
thank you

Left a message on your discord handle.

@bluemist
Hi, sorry not sure where that is? never used discord before,

spoke to Steembot Tracker and they cleared up that it should return after 7 days,

So seems all ok, will wait to for 7 days and check.

thank you

👍👍👍👍👍👌👌

Hi @bluemist! I feel the main problem with Steem is the direct association to Steemit as a blogging platform. Steem is a Crypto at first, with a wide arrange of services and features (we can easily say it's the most complete one out there given Utopian/Dtube/Dlive/Fundition and many more).
I think people do not see Steem as a direct investment opportunity, as it could be for other coins. Having a fat SP stake is no different by any means to holding Dash MN, and the ROI is probably much better or higher.

I am really confident on the future of STEEM!

Yes, Steem can become complete package of Crypto because it already facilitates DAPPs. There are also online marketplaces which accept Steem as payment and currently in development. Just a little more awareness about Steem itself is needed and its already taking place

Thank you so much for you feedback.

thanks for your valuable support. god bless you.

You are more than welcome, God bless you too.

i wish what you say here is get true..
And Steem go up....
Beautiful article friend...
This is just looks like dream to steem reach 1ooUSD.
Time will tell everything..

@appreciator please return my 5.10 steem bot suck due to blacklist =========3 hours ago Transfer 5.100 STEEM to appreciator https://steemit.com/fun/@smithgold/hi-grandmaa

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