STEEM offers a lot more horse power than ETH. ETH is going to experience the same transmission problems that bitcoin is and people do not have the dedication to ETH like others do with bitcoin. At least that one presents security.
ETH might get pilfered by STEEM and even BTS. There are a lot of advantages to these blockchains...especially for those who create content....if that is the case, STEEM is the only place to be.
Soon the only real use for ETH will be as a fiat gateway. It's crazy to think we have a currency like Steem, with almost instantaneous and basically free transactions, and we still have to go through this farce of moving money around with BTC and ETH. Time to add Steem to Coinbase!
LOL I am almost out of fiat which means I will be done with coinbase.
Since the IRS issue, we all need to stop using them. Time for de-centralized exchanges taking over.
As I stated below, steem is a specialized blockchain that provides the curation/reward system built in....that is huge. I feel SMTs are going to create a ton of traffic on this blockchain.
2018 will see a huge surge in other tokens being on top which should give it an ETH push in token price.
The one thing I hope we see is more commerce development so that people can buy things they need with STEEM. This would remove the step of having to convert back to fiat.
Steembay is a good beginning...I am hoping there are a lot more.
Yes, that's how I see it playing out too. There is so much user input, and such an incentive to build onto Steem, especially now that we have @utopian-io, that I can't see how these kinds of marketplaces couldn't happen.
Once real social media players, like the big YouTubers and Insta stars come onto here, there's going to be an insane demand to find a gateway for them to spend their Steem earnings for real world goods and services.
If Steem lives up to it's potential to be the next Facebook, it could literally become a global currency that people transact with, and accept payments in just like a regular bank account.
Steemit will have to add a lot more features to be a threat to facebook in my opinion. At present is a like a reddit on steroids. Personally, I think that Zappl and Dtube have greater potential for shifting people over since they are simple interfaces hence very little learning curve. Give them a bit more time to work out the bugs and they will be ready to crush it.