Steemit has huge upside potential. You are spot on in identifying that the success of STEEMIT is and will be the result and strength of our Community.
The Network Effect has tremendous potential.
Playing around with some market value points of comparison:
Twitter, Reddit, and Facebook all carry market cap valuations in the Billions. Steem - the cryptocurrency has much room for growth. Based on coin market cap numbers you share: STEEM is presently listed around 171 Million dollars.
Is the platform similar to Twitter, Reddit and Facebook?
Yes.
Is it possible for the market cap of STEEM to climb into the Billions?
Yes
Remember, like you said: It comes down to "Community".
Power to the People :)
Steem and Steemit is a definite win/win relationship for everyone. Historically, this is somewhat rare! We live in interesting times indeed!
STEEM ON
:)