I read a part of whitepaper and I am also quite confident that the price will go up. But I don't think it will hit 10$ in just a few months like Jerry suggested.
To those who still don't understand why the price will go up:
The SMT whitepaper says that those who want to buy SMT's will have to buy Steem and buy SMT with that Steem. This would increase the buying of Steem which would increase the price.
I think STEEM could go to $10 in the future.. Not sure how long that timeline looks though.
As the network grows and becomes more versatile you'll see capital flow into it. :)
Yes, that is true. But spammers are making it harder.
A. They eat up the rewards pool.
B. They contribute nothing.
C. (which is the most important) They discourse further investment in Steem. I think many investors would get discouraged by the low quality and spam comments on Steemit.