Has Dan Larimer given up on creating a Steemit on EOS. If he does, Steem is finished. Traffic is already decreasing in anticipation. I don't think this coin has a bright future, Steemit has been mismanaged and it's hard to fix what's broken.
Guess he will bring the few things he has learned from steemit over to the new one he is currently building on EOS. Seems one of the most important lesson he probably has learned is the issue of trolls and bots.
Steemit has done pretty well. If it were possible, he should merge it with the new one on EOS blockchain.
It is obvious that people give some interest into EOS today. It looks like this new system will have a satisfying services than of the others.
We are in the market competition and steemit must have to be challenge to make some improvements and so it can be still in the race. If they just let this things happen to them, then we can't expect that steemit will meet their goals this year and so.
Price is way too low for their goals this year, I guess. Fresh funding would have been helpful if there are great & viable things to build on Steem. But, still steem and others interesting projects need to be fairly immuned to price manipulation if they want a continuous growth in both price & users.
I guess they want to start afresh on EOS, another kind of Blockchain, as steem Blockchain is not as advanced.