I believe that the long-term success of Steemit and by extension, the community at large, will rest upon the quality created content, effective curration, and ropbust community engagement. The promise of Steemit is that it is intended, unlike other leading social media platforms, to offer a positive experience in the discovery and sharing of unique content and where the participants in these interactions have an opportunity to reapply financial benefits. The other selling point is that it designed to guard against excessive censorship. Hence, I it far wiser to build one's wealth over time instead of seeking to acquire short-term profits.

Steemit and the Steem blockchain have emerged from fairly new technologies and as such, volatility and various growth pains should be expected. With this in mind, it would seem that a gradual and sustained increase in the price of Steem would be a far more desirable scenario. That is to say, a low enough price can attract some additional investment but hopefully discourage the 'punp and dump' crowd, and allow those investments to earn significant value over time. I readily admit that I am no financial expert but for me it does seem to be a more viable course to follow.

Thanks for your post.