Is Steemit.inc ready for the next Alt season?
Its really a simple question tied into an inevitable event. If you havent washed out already and you stuck with alt coins during these lows it will probably pay off for you eventually. It wont pay off for you as much as if you followed Bitcoin to 12k and then sold into Steem again but those of you that were unapologetic hodlers will get their time.
Now there is something to remember... Not all alts are going up and with Steem dropping slowly but surely towards the 100 rank in MC it is a question as if we will ride the wave as well. But lets be positive for a moment.
There needs to be a plan once the sentiment shifts. Maybe the EIP is one of the things that will help. Who can say? But what i think Steem needs is a solid project to drop at the right time.
SMTs. Yep.. The illusive SMTs.
People like to talk about them as the second coming but during a bear market, had they launched SMTs i highly doubt anyone would have noticed.
But maybe when the research into what token is undervalued, what great things are created whereever, that just might be the moment for SMTs to shine.
Look, the expected players will have great gains. ETH, LTC, EOS, TRX. It doesnt matter what they offer or what future they have. It really doesnt. It might be the lowest of quality spam transactions and illegal activity that dominate those chains. It just doesnt matter.
Not yet that is.
I predict and hope some of them will die a violent death eventually once crypto becomes everyday mainstream news.
Gambling dominated chains have little future.
Hell, even today Justin Sun tweeted how they have 500 active dapps and i went and did a count.. I didnt go all the way but 70 of the top 100 dapps on TRON are unsanctioned gambling dapps.
Just wait until regulations kick in and the gambling dapps pull an exit all at once.
I mean its all a cheap facade what the industry leaders put up, but moonboys dont care... So what Steemit.inc needs to do is throw some moonboy bait.
Time it well and hook us some trading volume. Hopefully have a marketing budget ready. ;)
Ill see you soon.
Posted from my blog with SteemPress : https://scrips.io/blog/lordbutterfly/is-steemit-inc-ready-for-the-next-alt-season/
SMT maybe one day, who knows!
Posted using Partiko Android
What steem needs are solid projects that generate revenue for the chain outside of the speculation bubble. In fact, all cryptos need to insert themelves in the real economy. All these valuations are meaningless in the long run.
Hi @lordbutterfly!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.818 which ranks you at #4921 across all Steem accounts.
Your rank has improved 12 places in the last three days (old rank 4933).
In our last Algorithmic Curation Round, consisting of 160 contributions, your post is ranked at #110.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server