RE: The value of steem going up was really unexpected for me.

[matthewwarn]

I think with Smart Media Tokens locking up Steem tokens at a rate much faster than the inflation of Steem, economic pressures will push the prices up over the next 12-24 months. It will depend on just how much demand for SMTs there will be. We may have come up to much to fast in the short run through. I would expect a pullback. But there will be a lot of buyers if it dips sub $4-$5.