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RE: STEEM to $10 USD? This is the wrong question to ask or even think about.
What if you bought $1000 worth of Steem or BTC on March 19th? Steem has been a much better investment so far in 2017 than BTC. Too bad I first heard about Steem at $2.5:) Answer: Steem $10, BTC $10000.
But, honestly, I do not know. I am contemplating writing a post about this: The X value an entity creates, is independent from the Y% of X it captures. I do think Steem creates a lot of value, at lest for me personally. I have no doubt that blockchain technology will revolutionise the world, but it is difficult to say how much a given token will appreciate.
You are very bullish no STEEM. 9X increase in STEEM in same time that BTC only gets to $6K.
Will need some big catalyst to see that type of STEEM price increase
Just some food for thought.
Firstly, if you are not bullish on Steem, why do you buy it?
Secondly, I am actually not that bullish on Steem, but being on this site has given me so much more than money can buy. I have managed to utilise my creative sides and I have also learned a lot. That's things that money can not buy! But truth be told, I am also somewhat sceptical of Steem. BTC is per definition valuable, whereas Steem seem to be kind of free money, especially for people in the third world, which we compete against. It is not profitable enough to own SteemPower imho:) Thanks for your post davebrewer. Steem on!
Why buy it? It was an experiment. Learned a lot. Which is the definition of a successful experiment.