Another winner Dave, love the personal touch.
I think youre spot on comparing steem to BTC instead of USD.
To answer your question though, the answer is NEVER. As in Steem will never make it to $10.
Ouch, i know. I showed up late and threw cold water all over everything.
You said it yourself:
- Steemit has a built in 9% inflation.
- The USD I'll wager averages 5% over long periods of time.
- BTC meanwhile is deflationary.
It seems to me, that they are moving in opposite directions.
Also after reading this, you've convinced me to periodically sell my Steem fo BTC...
Hmm, it appears I've got about a dollar so far... too soon?