I once powered down, the only reason was to get some printing done and that was for steem, I used the money from steem to have some 8 foot banners printed up and I placed them over main roads near where I live.
I agree with you, if you hold the price of steem will rise as there will be less in circulation just like sbd, when steem drops below a certain price then they stop prducing sbd, hence why sbd is at nearly a dollar each.
I'm still going to power up as much as I can, I just don't know how long steem can keep going with how low it keeps dropping. I just hope that it doesn't come to an end as that would be gutting.
I was doing this for seven cent steem. There's a lot of potential here and I'm going to keep working and keep pushing that potential, as best I can.
I never saw it as low as that, When I joined 2 years in august I can't remember what the value was but I know my upvote was worthless, I met @tumutanzi and he change that by been my one and only supporter for a long time. he made me see steem for what it was, not just with upvotes but with talking to me in person too.
I still chat to him every now and again via whatsapp as he has gone back home to china.
I couldn't thank him enough tbh, he is a great guy. he spread the love and introduced me to what the blockchain stood for to him. and it made sense to me too.
I would like to have more voting power then I could possibly pay it back to others like he did to me, but until my power increases my 2c upvote is all I can do.