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RE: Why Does Steem Lag in a Bull Market for Cryptocurrencies?

in #steem7 years ago (edited)

Yes they will, but when and how will fast can they adapt?

If fb launches it's own blockchain and start paying it's users for just using, it means 2 drastic things:

  1. It validates Steem and all it possible future fb blockchain competition.
  2. It is a Big cut into it's earning. Imagine the shares dropping from half a Trillion by 50%. and Imagine just 10% of that money going into Steem....big implications. Money always flows to stronger underdog competitor in a fight.

I look forward to the day they see the tsunami coming and do fight with Steem.

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Yes, there's the ticket. If FB does not eventually see steemit as a threat, it will AT LEAST see it as an example of what they could be doing. Let's just hope they don't catch on TOO soon...because then steemit will potentially lose opportunity value.