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RE: Will Steem Go Up? My thoughts as a newly obsessed observer of the blockchain!
I think Steem's price will rise but naturally its inflationary nature will keep a lid on it.
The more people that use it the better and as with all other cryptos, the primary factor holding them back is adoption.
It will definitely rise, but I'm not sure how much the inflation rate will cap it's rise. The rate is rather low (I think 8% currently) and it is going down each year. The platform is so new and we have 1M accounts now, but I imagine that if we start to breach 2M, 10 million, etc. then we'll see a huge demand for STEEM.