In continuation to my article yesterday about the first metric to judge the potential of Steem to touch $300 - $400, I would like to add further in the context of Face Book and Reddit. The triggers that I have explained yesterday beneath to the Marketcap of Steem and user base of Steemit especially touching upon factors like region-wise or country-wise search percentage of people searching about Steemit and country-wise ranking - the top 5, any further leg up on this underlying factors can get big boost to steem crypto as well as user base of Steemit.
Now the most important other factors that require a firm emphasis is about the Steemit's standing in contrast to Face Book and Reditt. We need to analyse constantly the position of Steemit to what percentage to Face Book and what percentage to Reditt.
At present, I believe, the percentage is mostly weighed towards Reditt with fractional percentage to Face Book. Ideally, Steemit must position itself 50% of Face Book and 50% of Reditt in the future. The class of people tuned to Reditt and Face Book are totally different - Steemit needs to attract both crowds to scale itself ahead of these platforms.
All Face Book users are not content writers, they need to share an emotional pic for example birthday or any other family events to friends and relatives spread across geographies expecting emotional comments with likes.
Therefore, Steemit to transform itself to offer this emotional quotient to the mass with an upvote also enabling to earn some fractional income. This will be a game changer for Steemit to unseat Face Book from its prominent position. As a prelude to this potential, Steemit has to scale itself with substantially easing up the content design editor, easy inserting of images & videos. Further to those content authors, if they are able to edit on a world file and simply cut and paste on the content box of Steemit shall go a long way to command a position that is the choice of all current Face Book and Reddit users.
This is my views. If any contradictions, please forgive me and please accept my due apology in advance, meanwhile, I would also like to be corrected on these factors. Thank you.
Regards
Shaji Manghat