In scarcity, essential commodities command premium prices. Cryptocurrency is liquid money (currency) and as we know, money is always in short supply, never enough to go round.

Gradually, cryptocurrency is becoming a global feature. It now commands acceptance amongst diverse populations. As this progresses, scarcity sets in and prices go up.

But my concern is that scarcity can be faked rather than being allowed to be dictated by market forces. If market forces dictate trends, it last long, ensures stability and naturally cures itself - to the benefits of the market. But should the scarcity be faked, e.g. by people with means, prices artificially goes up, and since there are no levers to control the rise, it crashes in no time.

This is one of the things Steem must guard against. Steem is gradually growing, its must be allowed to continue to be organic- that way, everyone is a winner, and fear has no place.