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RE: Beyond the STEEM Whitepaper – 2. Where the money come from; New Users DO NOT Increase the Value of Steem (yet)
Steem is not merely a subscription fee. Steem can be converted to Steem Power, and Steem Power translates into INFLUENCE. Everyone wants to be more influential than the next guy. To do that, they must hoard Steem Power. Consequently, hoarders are not just "speculators". Some hoarders, myself included, hoard so that we can be more influential and have a larger say on the network. As more user join the network, having a larger say becomes even more valuable, hence demand for Steem increases. So, more users does in fact translate directly into higher Steem values (subject to bouts of volatility from speculators).
I DO have extended thoughts on "powering up as a mean to gain influence"...The truth of the matter is someone wanting to buy say my steem power (aka $7,000) will gain about 0.001-0.003 Steem Power.
This is quite lame investment - 20 upvotes daily x 0.002 X 2.80 $/steem = $0.112
365 days x $0.112 = $40.88 bucks annually... on a $7,000 investment this comes to a pretty lame 0.58% anual return
And to get it you have to spend a good 1-2h/day, 365 days a year....
JUST Terrible!!!!
You're totally misunderstanding the concept of influence. Influence isn't measured by how much you get paid for each of your upvotes. It's measured by how much money you can direct to others with each of your upvotes, or deprive others with each of your downvotes.
In any event, your math is wrong. If you upvote the right posts early enough (that is, if you do a good enough job as a curator), you can earn far more than you suggest. My friend has about $8,000 worth of Steem Power (at current prices) and earned a curation award of over $150 from a single upvote. He regularly earns a $1 or more per upvote. You might want to revisit your voting strategy.