One question we need to ask is how we're going to maintain the Hive Price - I mean no one's buying outside of the 1000 or so people PDing, and the whole point of Witness rewards and the DAO is that people sell that Hive into the market to pay their costs.
That's one thing Steem doesn't have to worry about it - it seems JS can just sub all the operating costs himself.
If I didn't now hate Steem's cuts and fear for the security of my coins the most rational move would be to leave them there and milk it and use that to buy BTC and then eventually buy Hive once it bottoms. I think we're a long ways off that yet.
That's a super legit point and I think it falls under one of my mentioned "reasons not to buy". Although if you think about previously how much Steemit was selling of steem beforehand I would say DAO is a fine alternative.
There's no way I would leave my money at the mercy of Justin. I could, however, imagine taking some of my Steem and reinvest it into let's say BTC or ETH.
Yes DAO for us the only alternative I think! Sell pressure though... lots of sell pressure!