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RE: Nobody Knows About Steem, The Price Isn't Moving And Why THAT IS A VERY GOOD THING!!!!
Argh...I deleted my post from here because I though I copied and pasted it by accident to someone elses blog :( Long story short, good post! lol
It was a good post too...I had a chance to read it..just not to reply.
Yes there are a lot of chicken littles in the crypto world...and if a token doesnt do 1,000% in a week, it is garbage.
Few take the time to realize blockchains are designed for different purposes and, thus, have different times to take off. Some require more development than others. Bitcoin is basically a money transfer blockchain. That is what it does. It also serves as a secure time stamp verification outlet for those who need that sort of thing (MIT's Bitcerts is a prime example).
Steem is a different animal...focusing upon a different market segment. Hence it requires a different amount of development to be useful. We already see it has the money transfer down better than BTC. Yet since it is much more, there is little excitement in that.