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RE: Big news - Bitcoin settled futures are on the way!
You gotta be kidding me. So BTC below ten thousand dollars is cheap. What does that mean for STEEM?
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Time to power up.
You gotta be kidding me. So BTC below ten thousand dollars is cheap. What does that mean for STEEM?
...
Time to power up.
Yes, that is correct. Regarding steem, it may be, but the developers need to actually deliver on something before money will pile in.
Fair enough. So is this all just good faith? What's another good milestone for me to wait for?
When/if SMTs launch, it should drive real value for the steem currency. Just like ICOs did for ether. The question is when will SMTs launch? Your guess is as good as mine in that regard. If I had to ball park it, I'd say early 2019, but that is just a guess.
SMTs been coming in the 'next 3-6 months' since i joined Steemit.
Lets just face the music - Steem is an abandonware. Larimer moved on to EOS and since its launch Steem is an inferior chain that nobody will choose as their base protocol.
If you look at Steem's github, you will see that it's far from abandoned. I have been here since July of 2016 and I have seen all the developments first hand, steem will have its days in the sun.
By the way, inferior in what way and to which chain/chains?
A rising tide raises all boats, has been my experience.
Yes, that is mostly true. Though if bitcoin is going up for something that is bitcoin specific it may pull value from altcoins. We have seen that happen several times in the past few years. Generally though, bitcoin runs first, then altcoins follow shortly after.