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RE: Steemit's Biggest Investment Problem - The Cost/Benefit Analysis Reward Curve
timcliff at this time 3000 SP is worth about 1 cent 6000 about 2 cents . But as the post I'm voting on is worth more as an example I just voted on yours an I gave you 0.37 cents your dollar amount went from $86.47 to $86.84 but most of my voting is only worth around 2 cents . My point here is why invest $1500 at todays prices to get 3000 SP to influence a post by 1 cent .
Agreed! My vote used to be worth almost 0.50 cents and I was way excited. Now it's worth only 0.08 when it used to be worth 0.12 quite recently.
It makes me much less excited about the site now. I have over 30,000 Steem power, and my vote means so little.It was nice throwing people a "quarter" with my vote.
I just upvoted this comment and it went from zero to zero. I suppose after 7 days nothing happens? I think such a short window discourages content curation. Really good content should be gathering support years down the road. Maybe that's a more fair way to encourage quality: give only half of the reward in the first 7 days and the rest over the next 90 days.