There are likely, 0.5cents-5cent lose in the market. If you looked at how many people sell to blocktrades alone you would understand just how much the community is dumping and at very crappy fee rates.
But i guess this comes down to consumer confidence and having users who're greedy. We spoiled the users for a long time when the prices were up. As they get lower they will complain just as much. What people don't realize is every time steemit sales coins, that means more power to the users. One of the biggest issues people have with steem is its distributions which is being correctly pretty quickly when there selling of coins.
Steemit might have got a lot of tokens, but it hosts the most data, most images, and its nodes are constantly rekt and will be until mira's launch. I think this will be when they don't need to sell as much. You got to remember they were threatened with deleting their coins. We assume there dumping coins, they could be spreading them out to other accounts using exchanges as proxie.
But as i see it until the community stops dumping i don't see why steem should stop either. Just because they're a company don't mean they shouldn't sell off coins to make ends meet. I have a very bad taste in my mouth about things steemit has and hasn't done for the community so i understand.
But steemit is the one hemorrhaging money or was because top two witness or any witnesses feel they have no feed to run full rpc nodes. So steemit has taken up most of this cost. Hopefully, mira will fix this and witnesses will get it together.
Most of what the community is selling is because they invested early on. Not much is earned for free on here as you likely know. The stuff that is earned for free on here is very small and likely accounts for very little selling. I think you are missing my entire point. You are griping at people for selling what they invested in while giving Inc a free pass for dumping their millions of FREE coins that were largely supposed to go towards making steemit.com a success. And even then, them selling is not the issue, it's the fact they didn't plan ahead for a bear market (IE getting ads going much much sooner) and that the money they have spent hasn't been spent well at all considering there is almost nothing to show for it.
Overall, them selling steem is not sustainable in any way shape or form and continuing to do so now when there is little to no liquidity is likely going to contribute to them becoming insolvent sooner rather than later.
Increasing the numbers on here brings in the money via ads, google and facebook (as well as countless others) have shown that the numbers of people make the money.
However, expecting steem users and investors to not be selling steem is pretty foolish considering that is exactly how this place is designed to work and what brings in the people in the first place.