I heard you, @alexgr, however, I proceed from the idea that the fruits of the tree can be harvested when it has grown and become strong.
It is not ideal to create a system where you can get in, but you can't get out or are disgraced for doing so. We should promote the ideals of economic liberty.
But it is also not ideal to create a system where one group of people invests, and other - takes profit. It's a Ponzi. My point is to encourage those Steemians who are long-term investors. I think for them my idea is acceptable.
As for the price trend, remember that those holding SP are also getting more coins while the price is dropping, while those who are in STEEM don't. The price means different things for different classes of investors.
Well, actually, the price drop is frustrating for everyone, isn't it? Do you mean that those who hold SP rejoice when the price is falling down?
For some a 2-year-long withdrawal period is already an extreme disincentive.
Remember, if you don't allow people to pull out, then you are also disallowing money to be infused precisely because the investor will feel "locked". In the effort to maintain SP within the system, there is also discouragement to buy Steem (which will become SP) from outside the system.
As for the price, I mean that it's all a relative experience. Let's say it's early july when price was 0.001. Someone comes along and tells you: "In July 15th, the price will be 0.0015. In July 30th the price will be 0.0020. In August 15th, the price will be 0.0025". Wouldn't you be happy about this rise?
Now, what happened is that the price went from 0.001 to 0.006 and then to 0.0025. The end point is the same but the route is different from what I said earlier in the hypothetical scenario. Yet in the hypothetical scenario everyone would be happy and in the actual scenario people are "gloomy".
It's like bitcoin in a sense.
If you told people in 2012 that Bitcoin would be trading at 100 in '13, 200' in 14, 400 in '15 and 600 in '16, they'd be like OHHHH MYYYY GOOODD!!!
But it was the spike to 1000 and what appeared as a "loss" and "downtrend" later on that made the experience seem "sad". It's really about psychology and half-full / half-empty perceptions.
But for others this is normal. Their rights also need to be protected.
Have I suggested to forbid people to take their money? I just proposed to give additional rewards to those who keep their money in Steemit.
I really don't understand your logic. Please, look at the price chart. The price is falling down. It's just falling down, there's no place for abstract philosophical ideas about "relative experience".
What is the cause of price falling? What's your vision? Do you want the price to go up? Or don't you care?
As far as I see it, this is just a basic economic law. When supply exceeds demand, price falls. This means that on the market there are too many Steem sellers. Why do they sell? Because they don't believe that Steem will rise in price or they just want quick money. That's the whole kitchen.
If someone only sees the price, they are missing the whole point. If the price over the next year goes down 50% and my coins go up 80%, have I gained, or lost?
I have gained.
Yes, I'd like the price to rise or be stable, but I have the understanding that the coins we are being given as SP-holders to counter inflation aren't handed out for fun. They are done because it is understood in the design that we will be losing value.
Imagine the scenario where you have 1000 SP and in a year you have 2000SP. Price stable at 0.0025. So now instead of 0.0025 x 1000 = 2.5btc, you have 5 btc.
You cannot really make a steem-price comparison or apply classic analysis on motives when factors like these are in play.
Do you realize that the whales - investors could already get a return on investment and continue to hold the SP?
https://steemit.com/steem/@dantheman/curation-rewards-and-voting-incentive
Enough to use the bots or hire ghostwriters, take the profits at steem and steem dollars, exchange it... They are already able to receive return on investment and profit. Why would they be interested in the development and growth?