Perhaps it's time to have a meeting of the minds for the sake of the continuity of this platform and its underlying blockchain. EOS trades over $300M daily and is valued at over $5B - Dan clearly has done something right there. Since his post, steem is up over $1 and its 24 hour trading volume is approaching $20M on CoinMarketCap - over 3X its daily average of around $6M seen over the past few weeks. It's currently trading at just under $4.
Steem does have the potential to be among the top cryptocurrencies but it necessitates self-introspection that ultimately leads to constructive improvements for the benefit of all. As I see it, the price action over the past 24 hours suggests the crypto market was seeking this open discussion and it's an important one to have for rejuvenating confidence, whatever the outcome.
If Steve Jobs and Bill Gates could resolve their differences, maybe both of you can too.
EOS just did a crowd sale at the right time. It hasn't even launched yet so we cannot know whether it does something right.
Thanks for the comment. I brought up EOS because the market has clearly voted in favor of it in light of its considerably fast rise in the crypto space to a valuation of over $5B at the time of this post. It has achieved this status in the last few months of this year. Steem has been around since 2016 and is just now finally trading above its all time highs from then.
I understand that blockchain development is still up and coming and we will not realize the full extent or potential of this technology for perhaps many years to come. Nonetheless, I think it is fair to encourage the cofounders of steem and steemit to reconcile for the sake of the community at large. Dan clearly has some insights to offer that the market reacted positively too, in light of steem's value appreciation over the last 24 hours since his post.
This discussion is needed and in my opinion should not spiral down to a "he said, she said" commentary about past disagreements amongst whales, but rather an acknowledgement of what is and isn't being done right and how steemit can ultimately improve for the better moving forward.
Well, steem is now decisively trading above its previous all time highs from 2016, currently around $5 per Coinmarketcap. Considering the timing and extent of bullish momentum, I have a hard time believing that Dan's post and the resulting discussion weren't the precursors for this renewed buying interest to kick off 2018. The market seems to be in favor of an open dialogue towards improving steemit and by association steem's perception within the crypto space. Steem was trading around $3 when Dan published his comments regarding governance yesterday and the 24 hour trading volume is now over $40M.