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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: September 16, 2018, 04:11:49 PM
Steemit is surely a ponzi scheme. I don't see their advertising in any way is sustaining their payments let alone a profit for the project.
And OP suggested, the developers are slowly leading towards exit leaving it as a failed project. They'd say they tried but couldn't make it.

Yeah, see Steem is far superior to BTC and its clones. Compared to it BTC is utter trash, a speculative investment and nothing else. Place them side by side in front of someone that doesnt know the difference in their market cap, present the specs and info and see what they say.

Basically BTC has no future just like any BTC clone. max 7tx/s, 20 minute average wait time, centralization trend... I mean BTC, BCH, LTC and all the other coins working in the same way are doomed.  

Steem on the other hand is the no1. undervalued cryptocurrency right now. It has a max tx/s of 100 000, it has 2 second, fee-less transfers... compared to BTC 20 minutes.
Now SMTs are incoming in January that will change the face of the internet allowing every website to monetize their content.

BTC and all its clones rely on one simple thing:"The greater fool theory"..
Steem does not. Steem actually offers tangible value and has a sustainable economic model. Its trend is towards decentralization and empowerment of small accounts, while BTC and its cousins have a centralization trend present that will lead to complete faliure.  

STEEM does everything BTC does, better by a factor of a 1000 and has real world use case that has been functioning for 2 years now really well. Once SMTs launch ill bet you anything that we will see a +20x surge in price from this point..

You know what... Ill wager you a 100USD worth of STEEM that STEEM will hit at least 20x STEEM/USD from today by January-April 2019.

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