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RE: Steem Hype - Where We Are Now/Why I'm Investing Now
bitshares have 10 times more coins in circulation. Also steem and bitshares do not target the same market at all.
I agree the price of steem could go lower but both are not comparable.
I wonder though, are they comparable in terms of people not fully understanding them? Dan (IMO) has created two incredible systems, but they may be so technically complicated that others aren't willing to fully accept them so they instead invest elsewhere. Maybe it's an issue with the delegated proof of stake approach. I do think there are some similarities, though, as you said, they are targeting different audiences. That said, many of the witnesses are currently the same.