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RE: The Price of Steem should currently be trading at $2.22 and here's why:

in #steem7 years ago

New accounts doesn't encourage people to buy Steem, which is what is needed to drive the price up. Ultimately we need people wanting to curate rather than post to drive the price up as to have power as a curator, you need Steem Power.

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That makes sense. I think that will happen naturally over time, but people will really need to see the value in curating instead of posting. Too many people are focusing the majority of their time posting (which isn't bad) and not enough on curating.