who is selling at these prices?
Content creators who are taking their earnings.
It's like asking people, "why are you cashing your paycheck this week? 6 months from now it 'might' be worth m0ar!".
That's speculation.
You have no idea what the price may be in the future and with little volume, few buying, bad press, angry users ... how can anyone predict that in the future it will just magically get better? The only way that scenario plays out better is the tried and true pump & dump.
The people cashing out are not investors, they are content creators taking their pay for their content they created. They don't have time to wait for a paycheck that may or may not grow larger, but likely get smaller the longer they wait, as has been the case over the last 4 weeks or so.
And these content creators don't have time to wait on a pump & dump to cash out higher only to end up back where it started, lower or just a little higher. You're talking about "investors" and the majority of people are not investors. Questioning them for simply taking their pay (their money) when they want it at a rate that's OK with them is asinine and usually done in an attempt to make them seem foolish just to stay into a system that you invested in so you can cash out on them at a higher price.
Have some sort of empathy for others dude. These people have worked hard at their craft to earn what they have here and belittling them for taking their profits for their work is a bit harsh.
RE: Why on earth would I chose Synereo over Steemit? Synereo does not even exist!