Limited supply can be detrimental for a cryptocurrency, low liquidity.

Greater liquidity is also needed as more new people adopt Steem.

Means ppl are giving up steem

We need the big holders to sell, it's actually a small minority that's selling the most. Once they are done selling, then ownership become more decentralized. This is very-very good for any crypto, brings in stability AND greater adoptions, both together becomes a 1-2 punch to leg up to next level, just like BTC jump from:

$0.005 to $0.10

then

$0.10 to $1.00

then

$1.00 to $30.00

then

$30.00 to $200.00

I'm sure you're familiar with the story from $200 onward :D