Do you really believe that in 2017, the price of Steem will be $0.60?

In all honesty, I do believe Steem will be around that price in 12 months. And if it is, I'll be ecstatic.

The inflationary nature of Steem and the opportunity to accure Steem Power through posting, commenting and curating means there is ample opportunity to grow my investment. I reckon I can increase the amount of Steem I have x5 in 12 months. IF the price remains the same, that's a x5 increase in value.

That's what unique about Steem. It's not just about passively holding Steem and watching the dollar/ BTC price (like other coins). Steem lays down a challenge. Once you've "locked in" Steem power, it asks, "Can you tap into your creative and entrepreneurial energy and actively grow your money tree?" Thats the exciting thing about Steemit. Once people "get it'; it will attract more and more go getters that bring fresh and innovative ideas to the crypto-space.

The fact that there is no barrier to entry (people can invest in Steem through 'sweat equity' as well as financially) is the icing on the cake.