I think you are right and Steem is likely to be going along for the ride also, which would be great, particularly for those of us that failed to take large gains and diversify a bit during last years peak, however, I would hope to see the Steemit lead developers communicating better upon how they intend to improve the Steemit platform and make it a more user friendly product.
I think that @Heimindanger is implementing great things with DTube and bringing value, but overall, for the Steemit platform, the user mainpage needs to be much more user friendly to catch fire with a larger mainstream audience which of course would bring much greater value to the platform and investors/content creators. I imagine that page icons that lead to DSound, Dlive, Dtube, ones main contacts, etc. to the left and right of the user mainpage could be a big plus when it comes to improving the user mainpage experience and being able to navigate easily to other areas of the site.
Overall, I think the value should be earned because the site is constantly being improved upon for users and not just relied upon to ride the coattails of Bitcoin. Best regards.
That is a great point. I think we will see some of that as time goes on. Both because the developers actually built meaningful things and because at some point projects will decouple from the price of bitcoin. Though, for now, if steemit.inc had built incredible apps that lots of people like, it's still possible that prices would be in a similar spot. Pretty much everything is at the whims of bitcoin prices currently.