Competition spurs innovation, and I think you guys have got a great thing going :)
I also tried to go a different enough route so that it might not be a direct competitor, but an alternative. Sort of like how I don't really consider Shapeshift a competitor to Bittrex, even though they do serve the same purpose. Very different approaches catered to different clientele, that overlap sometimes but not incredibly often.
Also as the markets grow, we will hopefully have a lot more services than just these two!
Hey Jesta, thanks for the mention and acknowledgement of the @minnowbooster delegation concept. If our service is worthy of competition, we have done something right, good to see you didn't go for the price war angle, SP (delegated) should be treated as a valuable and sought after commodity to support the value of the Steem token and not cheapened.
Best of luck, Steem will be huge one day and will support a multitude of services like ours.
The competition is good, but it is a bit expensive, if you give 50SP per Steem for a 30 day period it is worth it. It also reduces the impact of not getting the SP back for a week I think? Well there is a formula to this to determine profitability, but currently the offer is lossmaking to me
Wow you sound so smart! You are a businessman and Web Developer!