Thank you for that @fulltimegeek.
I just wrote a novel (it seems) about why to hodl steem. One of my past posts called for $100 steem...which I still think is an easy number to hit. In this one, there is a case for $1000 steem.
The fact that steem is the one blockchain that does not have scaling issues AND has the curation/reward system which allows it to target the social media/content creation markets....that is huge.
Those who are powering down, unless they really need the money, are going to regret it.