I believe I saw something very similar to this as a comment in Justin's latest post, but I'm sure you reposted for visibility.
Just like the exchanges, it is foolish for us not to be powering down. You should be using your influence to get other large stake holders to all start powering down at the same time. We can organize a sister fork and dump on Justin's chain; funneling that value into the sister fork. It will only take a dump of 2M-10M coins on Justin's chain for the value to tank under a penny per coin. There aren't going to be a lot of buyers on that front.
As you are already aware, these discussions with Justin are 90%+ likely to be completely pointless. We shouldn't even be talking to him anymore. CZ is the real target at this point, and it would be nice for him to know that if Sun botches this takeover more than he already has (very likely) Binance is going to be in a lot more trouble than they already are.
I support a sister fork where every account that voted for the puppet witnesses get frozen, and then we begin the long journey of figuring out which accounts to unfreeze and when. This includes the Steemit Inc. accounts, Binance, Huobi, Poloniex, a part of the Korean community, and a handful of low-stake holders who didn't know what they were doing.
Obviously first on the list to get unfrozen would be the Korean accounts and low-stake holders. The exchanges need to meet several demands before their accounts get unfrozen, and the ninjamine will probably be forked to null, as it's value is negative and 100% a liability.
Conclusion
We are not organized enough and need to start rallying support for a SINGLE fork now, rather than when Sun pushes a hardfork and we are on the backfoot. However, unless this stalemate lasts for months, we likely have to wait for Sun to FUBAR the chain before we have enough support to sister fork. I hope he bricks the chain. Still, we should have one ready to launch ASAP so we can deploy immediately. And we should be ready to dump on Sun and leave him with nothing. Also, we should be going over his head and talking to CZ directly about the severity of the situation. He doesn't seem to realize that we don't need a super majority to sister fork and do whatever we want.
If Sun Hardforks the Steem blockchain, that fork is no longer the Steem blockchain. CZ needs to be made to understand this, because Justin is not listening to us and talking in circles. JS has legendary tunnel vision right now, and doesn't realize his HF will immediately nullify all his assets, while if he stands down he can still get a return on the investment.
RE: My Open Letter To Justin