To me Steem is a means to make money on a daily basis, grow my account for potential future mooning and invest some of my earnings in other cryptos to diversify my portfolio. I think everything works just perfectly right now. The longer Steem holds back the more Steem Power we can aquire as that will become so much more difficult in the future. Steem will moon eventually but it does not matter whether it happens in Q2 or Q4 2018 - or even later. There are no competitors and Steem is growing as an ecosystem every single day. All great stuff in my opinion. :)
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No competitors as of now... they'll come out soon enough, hence why I think we need to go ahead and start growing even more, which seems to be starting to happen these last few days with sign ups.