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Also consider the market cap and that steem is inflationary

Well, your chart doesn't exactly lie, but it doesn't show the whole truth either.
You show none of the price rise. lol. It looks like it just fell from the sky from day one!

Here, this chart doesn't lie either.
Bitcoin price decline from 11/30/13 - 8/30/15
(One year and Nine months of the Bitcoin price going down)

I like this comparison.