I think there will be some of the buy back like you say. Some whales probably pulled some out and are sitting in BTC or SBD and will power back up at lower prices and take the bet that they will become God Kings!

I understand your argument that Facebook, Twitter, Reddit, and Pinterest don't pay out. That is a legit argument for people who spend time on those platforms. I don't spend anytime on any of those platforms. I spend time on YouTube and I get paid there. A big reason why I devoted so much time on Steemit is to build a big following and be in that top handful of content creators on here who could make a full time living on this.

Unfortunately Steemit's reward system is so skewed and has nothing to do with the quality of content in most cases. That is very frustrating. All I would ask for is $100 liquid each day. $200 total payout across 4 potential posts and I could spend full time on here. But when I spend 5 hours on a post and get paid $0.36. You can bet that I'm upset. That was a huge reason why Steve got so upset. I have been on here for over 3 months making solid content and building a following and my upvote is worth $0.01. That is an issue. So at that rate if I put in a full time effort my upvote will be worth $0.20 in 5 years. It is a tough pill to swallow.

I really hope the best for Steemit but if there can't be a way for good content creators with no prior connections to the whales to get on here and make a full time living off this then there is an issue.

Ned and Dan's actions of continuing to power down when everyone is freaking out doesn't make anyone feel good. They have pulled enough money to buy a super car and live the dream. That's cool. Now if they believe in this thing they should stop their power downs at the very least.