We are still pretty much at the beginning. Steemit is just 2 years old. Since Steemit is Open Source anyone can work on and with Steemit. This is something very special, because almost no other social network acts on this principle.
How I see the future of Steemit:
Steemit is becoming much more popular. It will be like Facebook, Twitter or similar. used by the majority. The price for 1 Steem will be between $ 7.50 - $ 10 (no technical analysis - just from my feeling). Many celebrities become aware of Steemit and start using Steemit, which makes Steemit all the more popular. (Hopefully)
Steemit is currently in English. I believe in a version where you can set which language is displayed will come.
Steemit will be a used for many ICOs.
With the Smart Media Tokens (SMT), not just a new, 50-page white paper was presented. Ned Scott, tuned the Steem and drilled it into a true coin fabric. He gives, following his words, each the opportunity to set up and publish their own "proof of brain" tokens. So in effect, to sell coins. Tokens against performance or vice versa. The token system goes far beyond Steemit, accesses any, their own websites, but can also be used within the Steemit system.
I can see a very bright future of Steemit and I am glad to be a part of it and this great community.
LOVE&LIGHT for all of you :)