Right now the price looks bad, but imagine what could happen on a hard launch of the site when we have double the user base... or even 10X... the price could go a lot higher than it's previous high... that's for sure!

You make some great points though! I mentioned this briefly in my post I just put out a little bit ago: https://steemit.com/steemit/@jrcornel/what-i-have-learned-during-my-first-60-days-on-steemit-com

Take a look :)