this a bear market, the low of 40 cents is a lot higher than the lows of 2016
That's not entirely correct. We're at 4400 satoshis right now, which is far lower than when Steem was at its lowest in terms of USD valuation. Which essentially means: Steem lost a lot of value in comparison to BTC and other alt-coins which did much better (EOS for example).
Authors are the ones who dump steem because they are effectively working and need paying
I've written quite a lot of posts over the last 2 years and the only reason I'd power-down those author rewards, would be for tax purposes, but not because it's such hard work. On contrast, creating content on Steem should be fun and I'd argue that the majority creators on Steem aren't professionals in the traditional sense.
Now, while authors are of course part of the dumping problem, I agree with @whatsup that most of it was done by early stakeholders (incl. Steemit Inc.) But that's part of the game. What we need are more incentives for people to hold their Steem and buy more of it. And this is not happening with authors alone. Everyone can read/watch their content without spending a dime.
in all respect your twisting what im saying. Im not talking about satoshi im talking about dollars. The only people who are going to buy steem and hold it and take it off exchanges are curators. They now how more incentive to do so.
You said that the valuation of Steem is higher than at the all-time low. But that’s only because BTC is at 9400$+. Looking at the USD can give the image of Steem price being good, but it’s far cheaper than it has ever been.
That's correct. As long as people actually want to hold Steempower. Which is why 50/50 is so important.
i dont care, its still higher in what matters, money.
Obviously STEEM was not ranked 69th(!) at CoinMarketCap some months ago, so of course you are right, and the problem is not only a general bear market!
But I really wonder why many 'stake holders' care so much about their ROI? What does it help to get a bigger part of a cake which is getting smaller and smaller? I prefer to have a smaller part of a huge cake. :)
If I knew it would let the STEEM price increase significantly, I would accept not to earn one single STEEM from now on. :)
Why do people buy BTC? Because they want to earn as much as possible interest or because they believe the value of BTC should rise?
In my eyes a real curator loves what he is reading and will curate anyway, he doesn't care if curation rewards are 50 or 25 % (and won't just join automated trails without reading what is he upvoting).
When I upvote stuff I upvote it because I like it. I don't care when I upvote (if for example after exactly 15 minutes), and how many other users have already uptoved that post.
I intentionally seek posts from new and/or unknown authors to give them a dollar or two.
With 50 % curation rewards I can't give them the same amount in future, because then I myself will get a big part of my own upvote back (as curation) instead of being able to support the authors! Sounds ironic anyhow: then I want but cannot anymore support people ...
I don't need to earn a lot of STEEM anymore because if the price will rise, I am rich anyway, if not it also doesn't matter to have even more STEEM (then I will enjoy my BTC). :)