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RE: 3 Things About The Steemit Ecosystem, Pulled From Data
I think we are in the Through of Disillusionment phase of the Gardner Hype Cycle graph. Just getting ready to enter the Slope of Enlightenment. :)
I agree especially because SMTs are coming and if that won't speed up our approach to the Slope on this graph, then nothing will.
If SMTs are the way, we are at the Disillusionment. If not, Steem might just as well be considered dead.
But I'm optimistic.
hey, @santigs.
I don't suppose that graph has any particular timetable, which means you're saying we've gone through all of the preceding points, rolled down the hill and are pretty much somewhere in the final dip before we ride off into the eternal sunset. :)
Yes, that's my thinking but of course, I could be wrong. Gardner's is a Hype cycle which in my opinion will match price evolution.
https://www.gartner.com/en/research/methodologies/gartner-hype-cycle
So, I took a look a the link. While Gartner's Hype Graph would definitely seem to work for STEEM on its own, it has a wider application to crypto and particularly blockchain technology, does it not? I keep hearing that we don't know all of applications for blockchain yet. So, I would imagine as the underlying technology continues to be experimented with, the more it will benefit all of cryptocurrency and perhaps STEEM in particular.
Yes, Gartner talks about blockchain and crypto industry as a global and probably uses Bitcoin as the most relevant data for its predictions but most of the crypto projects, Steem included, will probably follow that same curve as there is a huge correlation between Bitcoin and the rest of the altcoins.
To be sincere, I do not understand any of your terminology.
https://www.gartner.com/en/research/methodologies/gartner-hype-cycle