STEEM, the Coin, the Token, has an image problem.
The Problem is STEEMIT! Here's my proof, an excerpt from WEB-BOT's analytics.
Steem
This is a popularity token on the social media platform Steem. It is traded, albeit in low volumes. It's vulnerabilities come from no external sources of value flowing into the Steem platform, thus the Steem coin is banking on presence to make it an effective trade with other cryptocurrency offerings. Its largest vulnerability comes from the non-earned method of acquiring the token. It requires that one be popular on the Steem network in order to get 'up-voted' such that more Steem is sent your way based on the internal popularity algorithm. Some persistence showing up in the data about the platform but not the coin. Punt potential.
WEB-BOT is, imho, the top internet data mining going today, it seems Clif High developed the leading edge techniques to track Web Sentiment and analyze the 'hive mind' ;) That being said, did you notice that AT NO TIME did WEB-BOT recognize the difference between Steem and Steemit? This is very telling, and it is not the fault of the 'Bot, or the programmer, Clif High. It is working very well. PUBLIC PERCEPTION is the Problem. Web-Bot just reports Public Perception. We know that STEEM and STEEMIT are 2 different things, and when Clif wrote up the report, meaning he interprets the data sets, he noted that there is a platform connected to Steem. The Web Bot just found "no difference" in the public perception. Basically, this means that People believe STEEM is a sub-set of STEEMIT, when the reality is the OPPOSITE. Steem > Steemit. We here at Steemit are a part of a larger platform, Steem Blockchain and Tokens.
We need to start letting everyone know the Truth! Here's @overkillcoin's FINE GRAPHICS, again ;)
....................................................................................................................................
@minnowbootcamp is now a "THING" or at least an Account! Minnow BOOT CAMP is endeavoring to be the Fastest Way for newb minnows to mature, to get a slider and more! I guess I could vote this up w/@minnowbootcamp and leave a reply to prove it :D
.....................................................................................................................................
Post time ~15:15 local
+1 RGR old Bud! U ROCK!!!
Follow me Please??? ;) LOL
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have received an upvote from STAX. Thanks for being a member of the #steemsilvergold community and opting in (if you wish to be removed please follow the link). Please continue to support each other in this great community. To learn more about the #steemsilvergold community and STAX, check this out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hadn't noticed. Thanks for pointing it out. To non-teckie-minded people like me it's hard to get a good grip of the reality of steem/steemit let alone the concepts.
Great to hear you've got @minnowbootcamp up and running. Yay :D
Cheers
Anj xx
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That tps chart is sweet. I could watch it all day lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Knowledge is power. I think as crytpocurrencies become more mainstream we will see an influx of people joining the Steemit community. I really appreciate your willingness to help the "little" guy or new guy on this platform> Many thanks to you @underground
Cheers!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thats so true I think we all have to do our little bit to try and spread the word and understanding of Steem and Steemit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"It's vulnerabilities come from no external sources of value flowing into the Steem platform,"
Idiots, content is king. There is valuable content constantly flowing into Steemit.com and people need STEEM power to maximize their enjoyment of it and that gives external value to the STEEM token.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
PS: There is a lot of external value flowing into Steem Blockchain, anyway... We Are getting noticed, but have to shed that incorrect notion of 'sameness'...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm sure perception is probably a bit better, but I do not have current data. That report is several months old, I actually got it right after I started here LOL!!! Kinda glad I did not get that report before I signed up ;) Great Points, BobbyBoy :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What exactly will @MinnowBootCamp do?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The account will become the voting bot for the followers, and multiply their support back to them. The boot camp training will be taking place at the CryptoEmpire discord. We have a lot of valuable material already and working up a program.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steem is a great coin. But yeah, it is very tied in people's mind to steemit, and so they don't really trade it much. But as it grows I think the popularity in the market will increase. Nice post and graphics @underground!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Perception is linked to the comparative monetary value of Steem. Also, once the SMTs roll out and more awareness is built on what it can do for website owners, people will appreciate the value of Steem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree but I think that will be a key in helping us draw the lines properly in the public mind...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow, glad I read this post. I'm still learning all the potential of Steem. Someone on a crypto blog was nice enough to explain the difference between the two, but knowing why it's such a powerful blockchain, massive. Thanks for posting!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agree with you, there is a big misunderstanding out there, and it's our responsibility to clarify it ;)
I like this post, gret job
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Public perception will change eventually, once Steemit reaches critical mass and begins growing more aggressively. Oh, and once SMTs become a reality I imagine WEB-BOTwill change its tune as there will then be "external sources of value flowing into the Steem platform".
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice analysis, thanks for sharing!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit