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RE: Is the altcoin market about to break out?
"Be fearful when others are greedy, and be greedy when others are fearful." --Warren Buffet
"Be fearful when others are greedy, and be greedy when others are fearful." --Warren Buffet
Is it that time yet?
It's time to get greedy.
I hope you are right. How long do we have to be greedy?
I can't say for sure, but in regards to Steem specifically I believe it's going to be some time after the Steem interfaces up their GUI game. I feel like a broken record but the lack of an ability to organize your content like you can on most other social media websites is a HUGE factor in retaining both consumers and creators. Another thing that I believe is going to contribute to Steem mooning is the Steem website builder that is being developed by Finally.network. it's basically the Wix of Steem, and if we can lower the barrier to entry that much I think we'll have a lot more high quality personalized content. Not just a generic feed from a SoundCloud or blogger clone. Not sure how long that's gonna take, but once it does we all might just regret not being more thankful of this bear market.
Interesting, how will that lower the barrier to entry?
It'll lower the barrier to entry for content creators. If say for instance a podcast producer wants to join the Steem network but they dont really like any of the interfaces they can go to an easy to use website builder that has Steem integration built in, which means they can create a unique user experience with their own brand and UI while taking advantage of the Steem blockchain without having to hire a team of developers.
That is very interesting. And it will be monetized by votes in the same way that content on steemit currently is? Could they use an SMT and change the current economics on their blog/site because the current economics on steemit do not incentivize using one's own votes on others.
As far as I know that should be totally possible. I'm probably gonna try helping code it because it's open source. I was thinking about doing some dapp development, but if we can get this working then everyone can have their own dapp. "You get a dapp, you get a dapp, and you get a dapp." --Oprah Winfrey.