Could Steem be the Next Bitcoin? | Bitcointalksearch.org

Blawpaw

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Quote from: NUFCrichard on July 14, 2016, 04:06:57 PM

I have no problem with Steemit, except it is generally very boring articles/blogs that are rewarded if they are click bait.
Medium is much better, people write about different things, not just the price of STEEM and how much STEEM you can make in 1 hour!

Maybe it is just immature at the moment and will get better.

I completely agree with you!
It is pretty soon to see where Steemit is actually going. We have learned from the Dao and from Ethereum how things can go wrong. So let's sit back and see where this is heading

CroSany

full member

Activity: 196

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I think that cryptocurrency coin like bitcoim will never exist because first thing most time is most popular and because fees are too low,many site use it,most sites with faucet want use bitcoim and they hard accept new cryptocurreny coin so because of that it will be 100x harder.

NUFCrichard

legendary

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I have no problem with Steemit, except it is generally very boring articles/blogs that are rewarded if they are click bait.
Medium is much better, people write about different things, not just the price of STEEM and how much STEEM you can make in 1 hour!

Maybe it is just immature at the moment and will get better.

iCEBREAKER

legendary

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Crypto is the separation of Power and State.

Quote from: Zer0Sum on July 14, 2016, 01:45:29 PM

All your Monero conspirators like Smooth and FluffyPony are out pimping of Steemit... can you be far behind?

DashHole scammers like TheDashGuy and spammers like tungfa are also using Steem... can you be far behind?

(Now do you see how completely fucking idiotic your lazy guilt-by-association approach is?)

crairezx20

legendary

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Don't expect that steem can be bitcoin because steem is just like other altcoin that they are thiking that they can replace bitcoin.. so dont expect altcoin is altcoin and they will still stay in altcoin or most of them they will be shitcoins..

amacar2

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CryptoTalk.Org - Get Paid for every Post!

Quote from: Zer0Sum on July 14, 2016, 01:45:29 PM

Same for me, but i am not going to buy in at the current price already shorted few that i have bought high for small profit.
May be https://steemit.com/steem/@blakemiles84/two-users-are-gaming-the-liquidity-reward-system-and-earning-1200-steem-per-hour
could dump the market if not solved earlier and just detected steem wallet maintainance note in https://bittrex.com/Market/Index?MarketName=BTC-STEEM Roll Eyes

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: iCEBREAKER on July 14, 2016, 01:24:50 PM

Steem is more likely to be the next Teh DAO.

The model is demonstrably broken and open to Sybil/social gaming.

I see self-referential circlejerking astroturf content like GetRichRightMeow Steem pumping and DashTheGuy's scammer hype earning rich rewards, while actually useful, dispassionate factual commentary is considered worth much less.

You won't find anyone more pro-market than I, but this thing smells wrong and is obviously overheated atm.

And the (presently failing) web site is centralized? OMG, get on zeronet.io FFS.

When it all ends in tears, I'll be in before the Spanish Laughing Man parodies! Cheesy

Oh wait, this thing can royally fuck Reddit and drive them out of business? Great, I'm in!

*creates account, submits "How Spanish Laughing Man Made $10k on Steem" article*

*profits*

All your Monero conspirators like Smooth and FluffyPony are out pimping of Steemit... can you be far behind?

raphma

sr. member

Activity: 350

Merit: 250

Quote from: ?? on ??

STEEM JUST WORKS TOO WELL AND IS VERY VERY SUPER LIKELY NOT A SCAM

lol

@topic
people keep trying to find a substitute to bitcoin... why? bitcoin have projects to get better too, like thunder network.
and yes, i agree we already have better coins.. but that's not enough to attract the big investors, people that are trying to trust in it and probably will not go another coin.

As an currency, i'll stay with bitcoin. As an investment? steem seems good.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Steem is more likely to be the next Teh DAO.

The model is demonstrably broken and open to Sybil/social gaming.

I see self-referential circlejerking astroturf content like GetRichRightMeow Steem pumping and DashTheGuy's scammer hype earning rich rewards, while actually useful, dispassionate factual commentary is considered worth much less.

You won't find anyone more pro-market than I, but this thing smells wrong and is obviously overheated atm.

And the (presently failing) web site is centralized? OMG, get on zeronet.io FFS.

When it all ends in tears, I'll be in before the Spanish Laughing Man parodies! Cheesy

Oh wait, this thing can royally fuck Reddit and drive them out of business? Great, I'm in!

*creates account, submits "How Spanish Laughing Man Made $10k on Steem" article*

*profits*

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: Blawpaw on July 13, 2016, 08:27:40 PM

Steem looks to have a lot of potential and if it works it might well be the bitcoin killer. We already know that Ethereum and the Dao are done, so steem might well be taking their place in a few months.

STEEM runs on the Graphene blockchain with 3 second confirmation times...
Do people have any idea what fun it is to transfer funds with 20 confirmations in 60 seconds.

Yes, STEEM and SBD go from Steemit to Bittrex in 60 seconds = built for the real world.

ProfessionalBitsurgeon

newbie

Activity: 28

Merit: 0

Quote from: greenuser on July 14, 2016, 01:00:56 PM

don't have to be white, male and middle class anymore.

Technically, you don't need to be any of those things IRL either. It just so happens that most of the fiat-rich are.

Just like you don't need to be a white male guberment-hatin' neckbeard to be bitcoin-rich, but that'sjust how it worked out.

greenuser

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Marie Curie, 2 x Nobel Prizes Physics & Chemistry

Quote from: mining1 on July 14, 2016, 11:49:19 AM

We all want to become rich over night but not, steem has 0 chances to become the next btc. Plus there are several more cryptos / projects out there that are bulding something similar.

Yes and that is good new, We do all want to become rich over night. However, for the few to become rich, many have to lose and suffer.
A coin with no problems and a steady price is no good to profit from. Booms, bubbles, crashes, ponzies and takeovers are where the few profit and masses take all the losses. The cool thing with crypto is you don't have to be white, male and middle class anymore. Anyone, (kids, inmates, the insane, the elderly, the disenfranchised, and the underclass.....) yes anyone, can participate. Let the gravy train continue. Full speed ahead!

kobilica

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Quote from: GreenBits on July 14, 2016, 12:54:26 PM

It will take many, many years before STEEM can approach the amount of trust and capitalization that bitcoin has garnered. This would apply to any new coin.

True. Idea is very good, must admit. But at same time fucking sketchy.

ProfessionalBitsurgeon

newbie

Activity: 28

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Quote from: kobilica on July 14, 2016, 12:52:46 PM

>Good for early holders, but getting in right now, it's sketchy as fuck. It's good time to sell.
>Content: "yeah ~~steem~~ bitcoin yeah yeah!!!" Pure hype. Everyone speaks how better it is than ~~facebook and reddit~~ actual money, but doesn't feels true.

So exactly like BTC? Check.

GreenBits

legendary

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It will take many, many years before STEEM can approach the amount of trust and capitalization that bitcoin has garnered. This would apply to any new coin.

kobilica

sr. member

Activity: 280

Merit: 300

Quote from: ProfessionalBitsurgeon on July 14, 2016, 12:25:02 PM

Quote from: kobilica on July 14, 2016, 11:53:03 AM

Quote from: Bitdrunk on July 14, 2016, 09:43:37 AM

It's amazing that people buy into this shit. Steem the next bitcoin? Please. It'll be forgotten soon after the first dump, or 'hack'. lol

Steem has been already hacked.. 'liquidity reward', look it up.

Up 32.37% in the past 24hrs. How's your bitcoin doin'?

Bitcoin: stable.

Steem:

Good for early holders, but getting in right now, it's sketchy as fuck. It's good time to sell.

The hack/exploit:
https://steemit.com/steem/@blakemiles84/two-users-are-gaming-the-liquidity-reward-system-and-earning-1200-steem-per-hour

And previously problems occurred with website (steemit), I had disconnect problems.

Content: "yeah steem yeah yeah!!!" Pure hype. Everyone speaks how better it is than facebook and reddit, but doesn't feels true.

tiggytomb

legendary

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Time will tell, a price rise on Bittrex means little to nothing in terms of a coins capability or legitimacy.

clickerz

hero member

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Backed.Finance

Just signed u last day and its pretty nice. I like the concept and hope theres a strong community support to rally behind for the success of the project. For steem to be the next bitcoin? I don't think so, Bitcoin is bitcoin. It has already cemented its position and name.Steem has still rooms for improvement and to carve its name.Lets find out.

ProfessionalBitsurgeon

newbie

Activity: 28

Merit: 0

Quote from: kobilica on July 14, 2016, 11:53:03 AM

Quote from: Bitdrunk on July 14, 2016, 09:43:37 AM

It's amazing that people buy into this shit. Steem the next bitcoin? Please. It'll be forgotten soon after the first dump, or 'hack'. lol

Steem has been already hacked.. 'liquidity reward', look it up.

Up 32.37% in the past 24hrs. How's your bitcoin doin'?

Azael

full member

Activity: 196

Merit: 100

No I don't think so. The price discovery will be brutal once more coins are in circulation.

Topic: Could Steem be the Next Bitcoin? (Read 2230 times)