valid points on multiple fronts, but i agree with , could be other reasons for driving such a surge in price. and even if it were, there has to be a wide adoption of STEEM for it to hit 100. Ripple for example has a value proposition beyond its XRP status. it can potentially replace SWIFT, which is a banking system. STEEM would surge if it was viewed as a viable substitute to Facebook.
RE: The price of steem can go a lot higher, here's why: