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@blocktrades
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I'm powering down to get some liquid Steem so that I could react better to an unpredictable situation with TRON. I started the powerdown after the Steemit/TRON announcement.

On the one hand, if done properly, TRON's acquisition of Steemit Inc could cause the price of Steem to soar because of better funding/marketing, in which case it might make sense to sell some I've been acquiring over time at a profit (as you know, I have a lot of Steem). On the other hand, if they followed thru with their original attention to try to get the token moved to TRON, this would be a disaster, IMO, because I don't think it's technically feasible (fortunately, they seem to have backtracked on this idea).

So, in either case, I decided it was prudent to have some liquid Steem. Now I'm waiting to see what happens next.