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Is Steemit the Facebook Killer?
I don’t expect this optimistic dynamic to change anytime soon. Those that already feature FB stock in their portfolio should enjoy many years of steady gains. At the same time, Facebook is a technology company too, and this sector is incredibly volatile. Even FB, as great as it is, cannot afford to be complacent.
A major, potential risk to the social media giant’s dominance is an open-source network called Steemit. What makes Steemit distinct from the litany of social media garbage is that it runs on its own blockchain-powered cryptocurrency called steem.
Yahoo Finance‘s Daniel Roberts explains it like this: “Steemit users publish a blog post — it could be any length, any topic at all — and other users can “upvote” it. The twist: Every upvote represents a small amount of steem power. Think of steem power as a representation of influence, because the more you have, the more power your upvote has to move someone else’s post up when you upvote it. Steem power can be converted to steem dollars, which at the moment trade for about $3.25 USD each.”
With Steemit, you get paid to do what you normally do on Facebook for free. If the platform did take off, FB stock would genuinely become troubled.
However, Mr. Roberts remains unconvinced. Despite the fact that the writer posted an introductory note on Steemit and made $120 in the steem cryptocurrency, he stated that Steemit becoming a Facebook killer was “a stretch.”
Let's have a moment of silence for the old social sharing network #RIPFACEBOOK
Steem needs to be more organized though..... it is way to decentralized :-) Seriously though..... an idea..... there should be a pic section on your personal page.... maybe a list of your top followers.... like the people who always comment and like your stuff.... I have more sugjestion :-) Make it better than FB
WendyCoin~
Right 👍🏼
Those would be great additions. I'm new though and I don't mind the way it is ATM. Would be cool to be on some people top followers list 😳
I think Steemit is a threat to Facebook and Reddit. (Maybe Twitter as well.) I quit Facebook back in late 2013 as I thought it was a distraction and productivity killer.
since i've been on steemit I been on facebook less
You blatantly plagiarized this article from InvestorPlace Media, removing the publisher and author name, and presenting this copyrighted work as your own. http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/#.WWBOBVGQyM8
Please note that InvestorPlace nor I will tolerate plagiarism.
rip facebook
Hi good post a few posts on this topic come over and check them out and i will follow you and can follow me thanks
https://steemit.com/@newmarket65
Thanks for your honesty. I think it might take over Facebook. I think Steem might need to focus on young people more like high school age. I also think if steem gets an app it would be booming and maybe reach a couple of million people by the end of the year.
Definitely need a app
Hi @janus27, I'd like to bring to your attention that you are complimenting a plagiarized article. Steemit user @bramy unfairly and unethically profited from a copyrighted work produced by InvestorPlace Media. The original post is here -- http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/#.WWBOBVGQyM8
Steemit is awesome and Facebook is aweful, that is enough reason for Facebook to be scared!
Facebook is dead Iv closed mine down and only use steemit now days
I think they are serving different purposes. Facebook is focused on sharing things with friends, or a select subset of people. Reddit is more public, more psuedo-anonymous and focuses on content creation and curation.
I see Steemit directly serves the reddit purpose, but much less plays within Facebook's wheelhouse .
That is correct I agree with you.
It can be hard to be killed Facebook, but noone knows.... Future is fast growing and changes every second :))))
steemit is actually going to kill facebook.steemit, hurray.Also twitter.i really pity them
Hi good post a few posts on this topic come over and check them out and i will follow you and can follow me thanks
https://steemit.com/@newmarket65
I like this post! New follower, resteemed and upvoted! Thanks
Hi @agentsofmars, I'd like to bring to your attention that you are complimenting a plagiarized article. Steemit user @bramy unfairly and unethically profited from a copyrighted work produced by InvestorPlace Media. The original post is here -- http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/#.WWBOBVGQyM8
Thank you! I reverted my upvote.
I have faith in the STEEM
Facebook is going down
I have not been on Facebook in quite a long time due to the fact that I am always learning more about Steemit
Great job
Hi @mannyfig1956, I'd like to bring to your attention that you are complimenting a plagiarized article. Steemit user @bramy unfairly and unethically profited from a copyrighted work produced by InvestorPlace Media. The original post is here -- http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/#.WWBOBVGQyM8
I can't say that I don't agree. :) and I didn't have 75 ads shoved in my face to do so. Go streemit. Gets up vote and a share.
Hi @abitowhit, I'd like to bring to your attention that you are complimenting a plagiarized article. Steemit user @bramy unfairly and unethically profited from a copyrighted work produced by InvestorPlace Media. The original post is here -- http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/#.WWBOBVGQyM8
Thank you for the heads up...I see the duplicated text. I am curious why I was singled out since many others replied as well? I agreed with the title and read but I really have no way to check for plagerism on everything I read. If just a heads up I appreciate though I do not believe there is anything I can do about it. I would not want to be cast into a bad light simply because I resteemed something I thought was interesting. Thanks again for the heads up.
With all due respect, I think you're reading way too much into my comment, which simply brought to your attention that the material you enjoyed was plagiarized. How you respond is completely up to you since I did not request anything from you.
I also did not put you in a "bad light" as I laid 100% blame on the plagiarist. You could not possibly know every material that is plagiarized, and that is why I brought this particular plagiarized work to your attention, as well as to many other Steemit users that unknowingly complimented, praised, or rewarded a con artist.
Indeed, it is to your benefit that you know who is a con artist and scammer so that you don't end up rewarding them, or end up getting scammed yourself.
As you can tell from the comments, the vast majority of Steemit users are appreciative of me calling out actual fraudsters.
Right on. My second comment mentions that I missed the others being notified as well. Thanks for your effort in notifying us. It's all good!
Ok scrolling further I guess I was not quite singled out. ;)
Im not sure how steemit is structured but couldn't a big tech company just buy it?
Or facebook could start its own cryptocurrency. Just thoughts
HEAVY HEAVY
Anarcho Capitalism -- Inevitable
You are so right! I love this article lol
Hi @wandrnose7, I'd like to bring to your attention that you are complimenting a plagiarized article. Steemit user @bramy unfairly and unethically profited from a copyrighted work produced by InvestorPlace Media. The original post is here -- http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/#.WWBOBVGQyM8
Which article was it?
I was brand new here and didn't know that
Facebook who?
Steemit is the future. Even stevie wonder can see that.
Steemit just needs some tweaking to make the site more apealing to all users and kaboom goes facebook. I am anticipating a good fight from face and other platforms similar to facebook. Long term, Facebook is toast.
Lol.....facebook dnt reali knw wats gona hit dem soon!!!😂😂😂