If stinc decides to power down it will bring down the reward pool, so a post will earn less steem. If they sell, then the falling price will also bring down the value of posts in Dollars, and then depending on how many vests vote it will determine the value of votes and the post payouts.
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According to some on here they had powered down and deposited it all on bittrex, I was just pointing out this is not true, sure they have taken a chunk out, though they most certainly have not taken it all. :-)
hm? Why would powering down affect the reward pool in any way? We have a certain amount of inflation, that inflation flows into the reward pool, upvotes (vests) take money from the reward pool and distribute it. If less vests are upvoting, then the ones that do get a higher payout. If big players power down SP is worth more vests.
I hope you are correct, this is also a concern of mine. I post charts on the rewards pool/ value in USD and it has been steadily dropping 😕
I thought the reward pool was determined primarily by how much stake there is.
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My understanding is that there are a certain number of vests, and those vests determine inflation. When one powers up they are trading Steem for their fair share of vests. If a huge amount of stake was to be unvested we would all receive more.
Considering Steemit inc doesn't vote with a large portion of their stake this could have some weird effects, but I'm not going to pretend like I understand it perfectly.
Like I said, if the reward pool is determined by how much steem is vested, powering down would bring down the reward pool, and especially so if the stake wasn't used to vote. If vests don't get created when you power up steem and you get a certain share of predetermined vests then when someone who doesn't distribute with their stake powers down it should increase everyone else's share of vests like you said.
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