After watching the videos from steemfest I am in agreement with what you post re potential.
Your concerns re "investors" coming & going just for profits are valid, but without them the value may be lower than what it currently is.
I looked to join / invest in steem 12-18 mths ago.
I watched the boom & bust & was glad to be on the side lines..... but that was before I really understood about steem.
I was looking at it as just another ICO.
I suspect that is the view of many 'investors'.
Marketing can change that IMHO
Yes, the investors need to come in and are able to go too, the earners (me) if looking long term should keep some to stay and play in the community too as it makes the work they do more valuable in the future than the seven day payout. Of course, they can use it to earn on the outside also but it requires being a decent trader considering if there were more holds, the price of Steem would likely increase significantly.
I agree. 2018 will be interesting.
Maybe BTC will hit 100K or something.
Maybe regulators will wipe it out (they have the $$ to do so!)
Maybe steem takes off as a platform and 1SBD = US$7000 like BTC
Maybe institutions throw big money at crypto
Maybe BTC is outlawed as every country gets its own national coin
But whatever "happens" all I know / am confident of, is the world is changing. This time next year the world will be a very different place.
The name of the game is to pick a safe & reasonably secure position, take advantage of opps, avoiding all eggs in one crashed basket, and the population of the world can and will be OK.
The FIAT bankers, OTOH, not so much, I see a boom business in dry cleaning suit pants!
lol at the last.
Yes, it is very interesting in deed and 'playing the cards' right will be a game of hindsight I think. At least, here we are for the ride with at least some understanding about what our ticket is for.