Both the long-term and short-term future of the Steem coin is really up in the air right now. Steem definitely has huge potential to take off and go much higher than it is right now, but there is also a risk of more and more coins getting dumped/sold as creators are cashing out and whales are powering down. It is largely a question of whether some huge investors are going to come along and see the potential Steemit has to offer, and invest a large amount of money to buy up lots of coins and power-up to SP.