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RE: What are the Economic incentives to buy and hold large amounts of Steem Power?
Yes and No. If it's too expensive nobody wants to use Steem. Great that transactions are for free but if you have to stake thousands of Steem to post a blog nobody would go for that.
I don't think current RC prices are bad. Steem simply needs more users and incentives for DEVELOPERS/INVESTORS to stake STEEM.
These incentives are coming in the form of RC pools.
For USERS I would like things to be as smooth as possible. Quickly get a username and keys and then transact with the blockchain through easy to use applications for free through an RC pool.
Example: Signup through APPICS app, get username and keys, Login, start posting pictures and share those with friends while earning APX tokens.