Hmm... This is something I don't often think about. I suppose the reasoning is that as more users upvote demand for Steem will increase exponentially, bolstering the price exponentially. Your calculations rely on Steem increasing in price either not at all or substantially slower than it fries in popularity.
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can the price of steem increase faster than the popularity of steemit.... I dont know but I do hope so
price of steem should be a prediction of steem's potential, so theoretically it should increase faster...