I've noticed this effect as well, usually exactly 7 days (168 hours) from a spike up. Any move up will be noticed immediately (as it happens) by investors, who will begin their power down within seconds of a price level being reached (say $3). And they know exactly when those tokens will be liquid and available to sell. First out sells at the highest price, second out gets the next best price, and so on. Thus the long downward slide we see after sudden spikes up.

I hate this new "KYC" thing. Basically it's code for "we're regulated and controlled and your privacy isn't important". People get into crypto (over fiat) for 2 reasons. One is privacy, and two is decentralization. Crypto isn't crypto without those. So if you have to give those up to trade your crypto, what's the point?

Good on you for pulling out when they went bad. If enough of us do that, there will have to be services for us. If most of us cave and use the nonprivate centralized system laid out for us, the few with principles will be scrambling in the shadows. People should take a stand while they still can.

I don't feel like there's much incentive to stay powered up here. I've been doing it for years, never taking anything out, but I find that mostly benefits other people, rather than myself. I mean, we're "allowed" a bit of self voting, but for the most part, we're meant to dish the benefits of powering up out to others.

And as I've seen recently, unless you're ahead of the pack, you might as well not power down! Especially if you're like me, not sure what to do once the power down happens. What I need to do is set something up so I'm able to move that HIVE at a moment's notice. Then when I need to do it, I'm ready to go.

And yeah, why stay powered up? Perhaps that's what is wrong with this platform. No/little incentive to power up! Which means low investment in the token. Which means small payouts. Which means content creators don't get paid. Which means they're less inclined to bother. Which means there's not much to read or watch. Which means nobody visits.

What would reverse all that? I don't know. A whole bunch of people powering up, and staying that way? But with no/little incentive to do so....

shrug