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RE: STEEM to $10 USD? This is the wrong question to ask or even think about.
You guys and gals have to remember, Steem is an infinite supply currency, and it is very difficult for it to increase in value, and even harder for it to maintain an increased value.
Think of Steem as you would a dollar, it actually decreases in value over time, because so much of it is printed in a continuous fashion, and the same could be said with Steem.
The only reason why Ethereum has increased to an unrealistic value, as an infinite token supply, is due mostly to hype, and the fact that you could buy into initial coin offerings with it. So, do keep that in mind the next time you get frustrated that the price of Steem always seems pegged to the dollar.
There is some merit to your point, but I don't completely agree. STEEM does have built in inflation. At around 9% per year. So supply is increasing. But in a predictable way, that everyone knows in advance. After all, the rewards pool has to come from somewhere.
But to compare it against USD fiat is slandering STEEM. The printing presses for USD are turned on and off in an arbitrary way, and the amount of printing of USD is criminally large. More than double over last 10 years.
Hmm, I suppose I was referring to Steem's performance over the last six months, not it's actual capabilities. Over the last six months, it sort of kinda just averaged back out to around a little over a dollar, hence the opinion.
I really do hope it gets better, because I too believe in it, but so many people are always selling it, and with such a large supply, that it is difficult for it to keep any value in my opinion.