Steemit has a bright future with where things currently are, but to really move it to the next level, Steemit, Inc. needs ot ensure they follow through with SMTs. They are a little behind, almost certainly going to miss their projected Q1 2018 timeline for the release. However, per the 2017 Overview, they plan to be better with timeline projections on the roadmap and are working to get their with SMTs, although I see Communities arriving first. Even if Steemit would be fine without SMTs as a Platform, the repercussions of the development team taking too long/not following through with SMTs will lead to such a lack of confidence that we could see a mass exodus from the platform. So, they need to ensure that they keep pushing, as well as hiring as many talented developers as they can to work on the project.
If SMTs work, SMTs will catch on. If SMTs catch on, Steem will be at least $20... just to start. That would be a 5 Billion Dollar Market Cap, which, if you looked at the market being way down right now, would be 9th place. A year-ish ago, Steem was 7th highest market cap. If the market gets back to mid-December levels, a 5 Billion Dollar Market Cap is in an even lower spot than that. Steem will one day be much higher if SMTs are successful. If there is any comparison to the Ethereum Blockchain (something I don't consider so unlikely, since there is already a hugely strong user base and MANY Entrepreneurs and Developers are looking to implement SMTs), then Steem will be a top-10 coin again. I believe it and I hope you do too!
