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RE: Steem Dollar (SBD) Analysis: A Breakout Usually Follows this Complex Combination Correction
Perhaps. Though then again, what’s the actual business model?
What percentage of those “dynamic clients” are actually spending money, versus just trying to grab a piece of the pie? And as quantity of users increases, what about the quality? and the challenges with spam, bots, flag wars, whales gaming the system, etc, etc...?
Great potential, perhaps. Though also great challenges...
But at least it has a working beta version, army of those who create great challenges and a lot of fun. Compared to other coins that does not even have a prototype.
True, true.
Not to mention that technically, it’s pretty much the top-performing blockchain of any out at this point...
I read something earlier about how @dan was talking about an EOS based competitor for this platform. Perhaps Steem was just @dan way of finding out the weird and wonderful ways people would find to grab a piece of the pie and game the system so he could eliminate them on EOS?
Saw a Medium article referencing that yesterday, was about to write a post on it but couldn’t find it again - about a potential “Steem 2.0”
I wouldn’t guess there were those intentions behind it, so much as it was just a project in his pipeline, just as Bitshares was - from which he could take the lessons into his next developments. May be interesting to see how long he sticks around with EOS after it’s up and running, and what he may move onto next...
Also curious whether his “Steem 2.0” project will at all integrate with Steem 1.0, or be a completely new venture. Personally, I’d hope it’d leverage what’s been built here to enhance 1.0, rather than leave everyone who’s supported it get this far behind...