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RE: How Does Steem Power Grow Over Time?

SP = STEEM in value
but holding more SP gives you more rewards on your posts and curation rewards while upvoting other's contents

and to convert SP back to STEEM you need to wait for weeks through 'powering down'

Particularly, your value of SP increases with that of STEEM

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Your answer is great! that's exactly what I want to say, one point to add is that people tends to follow Steemians with greater Steem Power just to get their votes, so it also means you probably get followers more easily and more exposure of your posts to the others, so why not powering up if you do feel confident in Steemit

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