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RE: Why Do I Foresee $100 STEEM?
I think the most important issue is automation of Steemit signups. I've promoted Steemit on FB and have sent many FB users to Steemit only to have them tell me they're still waiting for approval. If @ned et al can fix this it will go a long way toward increasing its value.
PS - I just passed 1000 SP earlier today for the first time.
From what I understand, it is a bit of a double edged sword. The extended sign up period is done to try and keep the spamming at bay. If accounts are instantly approved without any verification, then you are looking at a chance of a lot of spammers. Plus, they do give out some steem to start, I think it is 14 steem....people could just keep signing up accounts for that....
And congrats on your 1000 SP...next thresshold is 2500...then 5000.
I see your rep has grown to a fine 55...you are making significant progress.
100% upvote on this comment as a congrats.
Maybe an incentive referral system that involves using Steem. I've been at the FB friend limit for the past few years and have been promoting Steemit there. If I can get people (not spam accounts) to sign up, then I earn a small amount of Steem. Vice versa, it if turns out the account is spam, one loses Steem. One can commit Steem in the same way as Steem Power and use the reputation system as a means of controlling spammers.
That very well could work...I do not know what @ned and the development team have in mind.
But you did hit the nail on the head...get people making money...that is the most important thing for the FB people....getting a bit of STEEM is crucial.