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RE: Steem is in a decent spot

in #steem5 years ago

However, we are sitting in 59th place which is the lowest that I've ever seen us. What do you think about the MEOS social media platform based on EOS that is likely to come out in June?

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I think if steemit is not careful, it could eat Steemit's lunch. However, steem is not steemit. They need to get some cool stuff built on steem and the clock is ticking.

Communities and SMTs would really be a game changer on here in terms of actually making it a social site. They haven't been able to deliver on either of those for whatever reason though...

I think 1 of 2 things could happen. If the site really takes off then it could bring attention to social media platforms and could increase our price….however if the site really takes off it could also absolutely kill steem. Of course if it doesn't take off then things would just move along as usual I guess.

I think initially it may take some of the users from here, but the world is a big place and even if it does and steemit eventually gets some things figured out it could still work. I mean there are reddits, mediums, facebooks, twitters, instagrams, pinterests, snaps, and a whole host of others all worth hundreds of millions and billions. And again, if steem just gets something else to take off, like a game or a bunch of little things it won't matter so much what happens with steemit.

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