The only way the price of STEEM goes up is if people buy it. What demand is there for STEEM? Why would anyone buy a token when they know the money they put in is being given to content creators? What incentive is there for someone to own STEEM?

Is it growth? Right now I see STEEM as being in a very unstable stage because there really isn't a clear long term exploitable use for buyers of STEEM.