Another problem I see is that it is not immediately clear why somebody should buy Steem, aside from speculation. I think it would be helpful to emphasize the fact that, beyond participation in the community through posting, commenting, and voting, Steem Power and Steem Dollars earn a return on their balance that exceeds any bank account you'll find and outperforms Proof of Stake coins as well.
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The point is that our problem has to be solved only by speculators who will flood Steem with liquidity. If we will only have guys who want to buy Steem only to convert it to Steem Power we will have even more problems with liquidity.
I would expect people buying it without the intention of selling right away would have the best impact on the price, stability, and long term viability. The influx of liquidity caused by speculation would only benefit the market in the short term, as speculators trying to take profits add to pressure put on the price by bloggers trying to get paid for their work. It would help to inject some liquidity, but I don't think it's a long term solution.
You are right. But the truth is that in our case that is a problem. The problem is that authors cannot get Steem Dollars on hands in bitcoins because of crazy spreads between Steem Dollars and Steem. Do you understand this?
I understand that aspect of it, yeah. I just think it's going to be a persistent problem that is going to require investment in the platform as opposed to simply speculation on the price.