Interesting post. I'm sure a lot of people are asking the same power up/power down question. This is a nice problem to have (what to do with $11,000 of fairly easy money earned in a short period of time).

But most of us who joined Steemit are not faced with this "tough choice".

Most of us have little to no Steem Dollars so our choice is different: should we continue to post on Steem, hoping to get noticed by a whale, should we invest in Steem tokens and buy ourselves some weight on the network, or should we abandon the network altogether?

One factor that was not addressed in your thoughts was if you or anyone should be buying Steem with "real money" (fiat, bitcoin or other). Are the Founders buying Steem with real money? Likely not.

I'm assuming you are not buying more Steem but content to either power up or power down the Steem Dollars you have. This is totally fine, but I wonder if or why you would consider buying Steem with whatever savings you might have.

And so the important question follows - who would buy Steem now and why? Doesn't the overall value of the network depend on the underlying value of Steem? If the Steem price continues to drop does it not effect the eventual value/peg of Steem Dollars?

I'm an invested minded person when it comes to crypto and I initially thought about dumping some serious coin into Steem. The reason I didn't is due to the chart you shared that shows the extreme concentration of all Steem in a few hands. It appeared to me that investing several thousand dollars of real money to buy Steem seemed like a foolish investment if a travel babe can earn several grand in a few posts. I'm not saying she doesn't deserve it, but if she can (or if someone like you can), I have effectively paid for it with my investment capital. I'm not saying nobody should do this, I am just looking at the reality and asking why would someone do this? "Beleiving in the network" is not enough to fork over real money, in my view.

Now that the price of Steem is falling and the early frenzy is dissipating, the better question to be asking is not "power up vs. power down" but " should one buy steem or sell steem"?

If you want to do a cool follow up to your article, address this question and argue the merits for buying steem vs not buying (or selling).