Steem is many things to many people, there are however two distinctions to be made. Those that have only invested time and energy and those that have physically bought in.

The tone of those that are invested both emotionally and financially are vastly different. I myself would never dream of investing my extremely difficult to earn second world income into steem but I also realize that if everyone had my view this place would crumble under the weight of its hopes and dreams.

It's up to the existing invested stakeholders to attract and influence outsiders and convince them steem is a viable concept and opportunity. So far steem is an echo chamber but it's a helluva concept and has potential to be great.. It's just still a suckling infant and it's parents left it on a doorstep.. Not exactly attractive to most outsiders when the creators have basically left the building and their greatest contribution as the largest stake holder is selling of their stake monthly..

People believe in 20 dollar steem, that's great! I wont be retiring until steem is 20k lol so I let them have their dream.. In the immediate future I cant fathom why the price would rise exponentially but I do believe steem is one of the few crypto projects not grossly overvalued.

I'm cautiously optimistic and here for the spectacle in the meantime...