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RE: My steem power down payment is "infinite"
Like Einstein said, the power of compound interest is the basically the strongest force in the universe!
The potential of steem power is pretty crazy, and I'm sure the opportunity will only grow from here.
Timing is very important. Powering down Steem if it negatively effects the market cap might not be so good so it really depends on whether you do it while Steem is in a growth phase. Right now Steem looks to be growing and once the price hits a critical threshold it makes sense to power down.
At 150 Steem per day if each Steem is $1 is $150 a day. That is full time job territory but not infinite. More details from Dan has to be explained as to whether it's locked at 1% per week with maximum 2 years, or if it gets somehow dumped at the end of the 2 years? Also there is the strange reverse split so you only have a certain amount of years before that event happens. What happens if you don't Power Down until that time?
Sounds very speculative, my flow is to dive into the power down experience and see what happens, and it wont affect the market cap, my share is dust compared to many others. Ned and Dan are both powering down right now and it has no effect on the market. My first payment would be 150, but my second power down payment should be over 200 steem, and that's not considering me earning steem power from a blog post that get's a big payment.
I think maybe the key is Steem Dollars. If you power down but only trade your Steem for Steem Dollars then the Steem can be recycled into Steem Power. The economics are complicated though and too much free floating Steem could result in a lowering market cap which could reduce payouts, so we have to wait and see which way the market goes.
It's not a good idea to have everything tied up in steem, as it only started a few months ago, it still has to prove itself as being a good store of value over the next 2 or more years
Can you tell if other accounts are powering down
When everything is data there is opportunity in everything!!
Just takes a little nerve to make a leap into the unknown!!