Ethereum would be crushed under the kind of transaction volume Steem is handling right now. That's because Ethereum hasn't even begun to transition into Proof-of-Stake. An Ethereum-based social media would have a snowballs chance in hell to gain any traction. The only viable competition to Steem might be based on EOS. There is a lot of development taking place on Steem right now and that's the most relevant metric when assessing future potential.
Korbit already delisted STEEM and also DASH, XMR, REP and ZEC in May 2018. That's OLD NEWS. Out of those, Dash, Monero and ZCash have much larger market caps than STEEM. Korbit is a very conservative crypto exchange as it only had XRP, BTC and BCH after dropping the aforementioned (it added ZIL afterwards).
Why bother? anyone who starts a sentence with "you should not place assets into steem" is likely close minded to a degree, and has a bit of nerve saying such a thing on the Steem Blockchain.
We know it's rubbish. You cannot convince everyone anonsteve. I'm guessing you also found that as distasteful as myself.
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Ethereum would be crushed under the kind of transaction volume Steem is handling right now. That's because Ethereum hasn't even begun to transition into Proof-of-Stake. An Ethereum-based social media would have a snowballs chance in hell to gain any traction. The only viable competition to Steem might be based on EOS. There is a lot of development taking place on Steem right now and that's the most relevant metric when assessing future potential.
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Korbit already delisted STEEM and also DASH, XMR, REP and ZEC in May 2018. That's OLD NEWS. Out of those, Dash, Monero and ZCash have much larger market caps than STEEM. Korbit is a very conservative crypto exchange as it only had XRP, BTC and BCH after dropping the aforementioned (it added ZIL afterwards).
Source: https://www.cryptoninjas.net/2018/05/23/koreas-korbit-delists-dash-xmr-zec-rep-steem/
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Why bother? anyone who starts a sentence with "you should not place assets into steem" is likely close minded to a degree, and has a bit of nerve saying such a thing on the Steem Blockchain.
We know it's rubbish. You cannot convince everyone anonsteve. I'm guessing you also found that as distasteful as myself.
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We know it's rubbish. But not everybody reading this might. That answer offered false information and I wanted to set the record straight.
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Fair enough sir. Thank you for your due diligence, and taking time to do this. Your point is well received.
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View this answer on Musing.io
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