If more folks powered up and only sold small amounts when the value peaks, people would be earning more. So many cash out, then expect everyone else to vote, then complain when they don't earn. They're not running their blog like a business and it kicks them in the ass.
I take lengthy breaks. I often leave the internet for a few months, completely. Just to rest and get other things done. Life happens.
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.