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RE: Happy Birthday Steem!

in #steem5 years ago (edited)

Let's see...

Since Steem launched 3 years ago, it has gone from a Top-5 coin on coinmarketcap and fallen all the way down to around 40th-50th place, depending on the day.

Steem was #1 on Block'tivity in terms of operations, now it is 5th or 6th (depending on the day) with 1.2 million operations avg, while EOS is #1 with over 19 million operations.

https://blocktivity.info/

And then, if we look at some recent independent rankings of the Steem blockchain...

We can see that the CCID rates it #10 currently (it was #2 a year ago).

https://www.ccn.com/why-bitcoin-plunged-to-15th-in-chinas-bizarre-crypto-rankings

The recent letter ratings that appear on coinmarketcap give steem a "C" rating, which is only one grade above an "F" (there are no "D" ratings) and currently puts roughly 73 other projects ahead of steem with higher ratings.

https://app.flipsidecrypto.com/fcas-scores

Taking all of this in (and much more), and the last few years don't really seem like we are improving all that much...

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With the current mindset, it will only going down to oblivion.

Not a single "big player" can't figure out simple math:
There is X coins pumped into the system every day, worth about 10-15k $ at the current rate.

Those 10-15k could be easily given to some influencers (take some from Patreon) or already successful websites (GuruShots, eRepublik, whatever...), or real marketing experts or any reasonable expert.

How many of those could be hired per day? The math is simple, about 50.

Instead of taking some experts, we are recapitulating fallen East-European economies from the 1980's.

If you want to turn your 1.000.000 Steem into 3 Million $ instead of 0.3 Million, go there and:

  • bribe some exchange to put STEEM on ATMs
  • make a contract with RT, they are already here, and publish it. Lough!!!!
  • find a popular website and give them a contract to upvote them with 1.000.000 power/day (500$)
  • find several influential people on Patreon and - be their Patreon (if they mention Steem)

Be professional, stop living in that echo chamber and wake up

According to Alexa:

oh my, such trickery,
you can't do that
BECAUSE ITS WRONG (thats what im guessing why they don't ....)

gods damn where do i find a steemit logo bare and blank here ...

EOS is a network that is full of almost entirely gambling services. It has potential, yeah, but those transactions are nothing to brag about when you look a bit deeper into them.

These coin ranking sites aren't really that useful when it comes to telling whether the project is actually good or not. Most just take into consideration volume and the number of exchanges they're listed on, then price.

All that said, the last three years alone in crypto have been drastically different. A lot has changed, and a lot of coins have been heavily punished by the rise and fall of the market. Every coin still has a few years left until we really see which ones last and make an impact; let's not forget that people bought up utter shitcoins from ICOs, shit like Verge, and the rest, and are still doing so. A lot of that volume is dumb money.

There are loads more coins around now too so it's unreasonable to expect it to stay in the top 3

Is it unreasonable to expect it to be in the Top 20? At this pace steem will be outside the Top 100 by this time next year. Currently 54th.

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