You guys realize Steem’s all time high is like $8 right? That’s the point of earning and buying as much as possible at the current price. Eventually it will break $8 again and then in the correction it probably will land between $1 - $3. After 2021 bull run it’s unlikely to see sub $1 Steem again.

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True, but that is assuming that every newbie has to buy himself or herself Steem Power. That said, I do understand the other narrative of finding it difficult to find exposure here when you are new without SP.

Now, my point is that if you are a newbie worth your salt, would the upvotes from others be of a higher value when Steem is at a higher rate? A good example would be @curie whose upvote value went down drastically as Steem fell from USD 1 to 0.3. These are whales with the right intention and a higher Steem price helps them as much as the people they are voting.

Lastly, a higher Steem price will attract more investors and users. Today we know whales are selling like no tomorrow to exit (therefore the price depreciation). But on the other hand, maybe new whales will come in. The possibilities are many. Maybe, a writing house for articles, publishers, production house (wouldn't that be cool) can come in.

Today we are in a small pond trying to make things work within these limits. When price goes up it brings up the possibility of make Steem an ocean. Not to mention, your own current SP will have ten times the worth.

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on one hand you are right, BUT the world cant wait until Steemit is ready, because Steemit is a very  slow develpoment plattform as we all know from the past. Is Steemit ready in another 1 year for a bull run?  This is a good question. It looks like still in the next year not..... 

The new PAL Plattform comes out, good. BUT as you mentioned, the register Part ist still problemematic here. 

So, Investors of crypto are not waiting till a single plattform is ready. I will not say, that another plattforms are fully ready, but they are near to...but steemit i far far way from it.