EOS has along way to go. It may be 18 months before dan has the time to get his Steemit competitor put together. Ethereum had a lot of crazy shit happen over the years. EOS may not have the same scaling problems, but I can guarantee that some unforseen shit is going to challenge the EOS community within the first 24 months. I guess it's sexy and cool for people to talk about the shiny new blockchain on the block.
STEEM has the userbase and the benefit of a decentralized stake-weighted funding mechanism to bootstrap new developers. I have digested both the STEEM and SMT whitepapers and feel extremely comfortable with the direction that STEEM is going in.
Btw, dan selling a million STEEM wont have a significant impact on the STEEM markets.
RE: Steem 24 hour volume is 3.4 million. EOS 24 hour volume is 1.4 billion. What does this mean to you?