RE: Steem 24 hour volume is 3.4 million. EOS 24 hour volume is 1.4 billion. What does this mean to you?
Good point about churn. There will be some leaving here to go there, but there will also be people there coming here. I am guessing that many people will just post on both. As a contributor, putting it on 2 blockchains is better than one. Its not as if people here dont go on Instagram, Facebook, Reddit, Twitter and etc. every day too.
One thing I didnt point out that doesnt matter much to me is that 60k active users is probably filled with a good amount of robots, services and alt accounts. I can't say an exact amount, but I see the bots and there are lots of them.
I dont see competition either. Ethereum has a blogging site now, there are a couple others like Library Credits. They are hardly competition to me though. Without a doubt it is coming, and with the current state of the social media aspect of this site, I see many points of weakness that a competitor might attack.
Thanks for taking the time. I hope all is well with you and Roundhere!