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I did buy a little steemit just for fun. But do you feel it can go up in value substantially? Is there a cap on how many Steemit coins can be in existence? Does it have scarcity like BTC?

It will go up substantially and it has limited supply. I'm not the tecnical guy. You should read the white paper and check out some Jerry Banfields posts. You can fin him on a hot or trending page.

Thanks. I'll check it out. I'm not a technical guy either. I wonder if, at any point, the value of the upvotes will be tied to advertising revenue generated by Steemit as a whole?