Dear @dtrade
Great choice of topic. Indeed there is huge selling pressure coming mostly from Steemit Inc.
Unfortunatelly most of their expenses are in FIAT currency so it's most likely harder and harder to cover those costs since price of STEEM is constantly dropping.
At this selling rate (800K per month), STINC will be out of pocket in seven years.
At this selling rate, within a year STEEM won't be worth less than 0.1$ and selling those 800k STEEM will not help STINC much.
SPS is added to HF21 since STINC cannot spend development funds forever.
Will actually anything change? I'm seriously not sure. After all their funding can go from different source, but it will still be sold on the market (creating selling pressure).
Yours
Piotr