@charles1 I believe that we're just in the beginning phase of steemit. With more and more people joining the platform every week it is only a matter of time before we will see mass-adoption. More people joining in and more exposure will drive the price of STEEM up because everybody will want to have as much STEEMPOWER as possible, and will therefore try to purchase STEEM. This will most likely result in a bubble, steem being over-valued. Yet that doesn't mean that bubble necessary has to burst. And even if it does, I believe prices will after that slowly rise back, as we usually see happening, like for instance with bitcoin. With STEEM we haven't even begun to see the top, both in user adoption or value, and those of use on the platform now are gonna see things beyond our imagination!

Nice post Charles, upvoted! :)