RE: HF21 - Why HF21 will ultimately be good for authors
if I were suddenly getting twice as much in curation it starts to make sense to hold more Steem.
You know how much Steem I have earned from curation for all time? 118.21 SP. Now, if Steem were at some of the previous rates, that actually might not be too bad. But it's not. If it were to double, and Steem were at a higher price, that actually would be pretty nice. Except much of that SP earned from curation was due to various times when people delegated to me for whatever reason. I'm really lucky for that.
I was really lucky to get a curation from a really awesome whale recently just cuz I asked ppl for suggestions on where to buy a delegation, cuz I had heard the price was really low. And my memory sucks, so I had trouble remembering them all. Even with almost 6k SP with the delegation, I've only earned 5SP in the last 5 days. That's actually not bad, but it's because of all my SP. Even at the price it is now, to get that much SP I'd need to spend $850.
I WISH I had $850 spare to buy Steem. I almost want to cry because I know I shouldn't buy a bunch of Steem, even though I want to.
My point is that "curation", even if it were doubled, only really pays out if you have a ton of SP.
Making it more profitable for the whales might make more people put money in of course. I just hope that at least a few of the whales we might get are at least better than our worst.
So yeah, it probably will actually raise the price.
But, I'll make a lot more posting. I should probably get back into writing fiction and the occasional tech and STEM post to earn a bit. Even though I get pretty crap earnings on most posts, I have a pretty good track record for getting curated. :D I have been extremely lucky in that regard. I wish I had sold all my earnings, eaten nothing all year, bought nothing, and used it all to buy Steem right now.
What I HOPE though is that the funds allocated to pay for development will encourage development and solve some of our issues, in effect adding more to the price than the other things, and perhaps even dealing with our issues, at least to a degree.
Here's to the new hard fork and hoping it helps us all!