Steemit has a bright future with where things currently are, but to really move it to the next level, Steemit, Inc. needs ot ensure they follow through with SMTs. They are a little behind, almost certainly going to miss their projected Q1 2018 timeline for the release. However, per the 2017 Overview, they plan to be better with timeline projections on the roadmap and are working to get their with SMTs, although I see Communities arriving first. Even if Steemit would be fine without SMTs as a Platform, the repercussions of the development team taking too long/not following through with SMTs will lead to such a lack of confidence that we could see a mass exodus from the platform. So, they need to ensure that they keep pushing, as well as hiring as many talented developers as they can to work on the project.
If SMTs work, SMTs will catch on. If SMTs catch on, Steem will be at least $20... just to start. That would be a 5 Billion Dollar Market Cap, which, if you looked at the market being way down right now, would be 9th place. A year-ish ago, Steem was 7th highest market cap. If the market gets back to mid-December levels, a 5 Billion Dollar Market Cap is in an even lower spot than that. Steem will one day be much higher if SMTs are successful. If there is any comparison to the Ethereum Blockchain (something I don't consider so unlikely, since there is already a hugely strong user base and MANY Entrepreneurs and Developers are looking to implement SMTs), then Steem will be a top-10 coin again. I believe it and I hope you do too!
Agreed, SMT is very important for the future of steemit/steem, and will make the value of it increase quick.
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I see steem in the top ten cryptos, a lot of people are making efforts to make this happen.
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I definitely think SMTs will be a game changer. Hopefully they can implement them soon so people don’t lose faith, like you said.
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Really satisfied information about steem. Thank you for your kind words.
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Completely agree
Steem will one day be much higher if SMTs are successful. Then Steem will be a top-10 coin again.
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You are absolutely right really. steemt uas bright future.steem will be $20 . Thanks for giving special knowledge.
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Yes, you said right, and in my opinion also the SMT's can really change the face of Steemit Platform and Steem Blockchain because first of all it will expand the Steem Blockchain and also it will provide the liquidity for SBD and Steem because with Steem and SBD Steemians can directly participate in the ICO's. Let's hope that we will see the launch of of SMT's soon. Thanks for sharing and wishing you an great day. Stay blessed. 🙂
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I think you're right buddy. It would definitely boost it up. I hope it becomes a top ten contender again if that can happen.
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the future of steemit will be more brighter if the SMTs will success.so hope for the best future
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That sounds really exciting. Let’s hope arrival of SMTs happens sooner than later.
Thank you for this informative post!
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I'm telling you, it's just the start and so that big boys who missed out on getting in can get a chance to buy at lower prices. They know that speculation can push things back to where they were, so why not push the prices back down for now so they can buy in cheap.
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What is SMT?
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