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RE: I'm looking for honest and non-fan-boyish reasons as to why the price of Steem will ever go up?
Hello dave!
I have to question but one statement here: steemit could be the blockchain equivalent of FB.
I am not so sure that Steemit will ever compete with anything else than Medium and all privately hosted blogs. Steemit kind of favors long post formats and it is not ideal to post short FB like status updates on Steemit either.
Steem however (not Steemit) might compete with all social platforms like FB, Twitter, Reddit etc. as we develop more and more additional platforms built on Steem. If those apps gain a broad audience then we might see double digit Steem prices.
Have a great day!
@ronni
Hey there @ronni, how you doing today?
Oh, and I just wanted to say, according to Dan, all future Steemit like platforms will be built atop EOS going forward, as it will have the ability to execute a godly amount of transactions simultaneously.