RE: Why I do declare! - It's 1861 in the Steem World Social Experiment and a Civil War is Unfolding
Read again the timmcliff comment. If the total payout of a comment/ post is less than .02$, it does not receive any reward. However, the minimum value for a vote to increase the reward is different.
I explained that to you before, but you decided to keep saying the same without checking it.
DO NOT forget that after 7 days your posts cannot be edited;
HF20 removed that limitation
Unlimited Editing!
Before we go further into what changes users can expect after the Hardfork, we’re happy to announce that once all of the witnesses have begun running version 20 of steemd, we will be able to enable unlimited post editing on steemit.com!
Source: https://steemit.com/steem/@steemitblog/hardfork-20-what-to-expect-tomorrow?sort=trending
Anyway, it is true that Steemit have a big problem in allowing new users to get their posts noticed without using bidding bots, and that the new RC system is very harmful for them.
The Flat Rate Reduction applies to all users, regardless of vote-power. For instance, someone with 10SP will have the vote-power of 8.8SP. Someone with 1.2SP will now have zero vote-power. It is a less significant issue in comparison to the statements that:
Likewise, enabling unlimited post editing is insignificant. What would be significant is unlimited reward oportunity after the 7-day window closes. And that would only be significant if old posts were enabled to render payouts after 7 days. I may edit that list point in my post AFTER 7 DAYS have passed.
The MOST SIGNIFICANT change brought about by HF20 relates to a shift in the founding principles on Steemit as expressed in this paragraph from the White Paper.
cont'd
cont'd
With the zeroing out of votes with values less than .02, small stakeholders can no longer support each other in the WORK IN growth option. The WORK IN option has been rendered obsolete by HF20. Small accounts will realize no rewards collected from the votes of their peers from now on.
The only work in option for small accounts now is to solicit and secure the attention of dolphins and whales, who will influence what is authored, through their decisions to financially support (or not support) content. This is not new. However, removing the option to work in, forces small users to either acquiesce to the whims and wishes of larger account holders or accept that their SP level will remain relatively static, BECAUSE THE VOTES OF THEIR PEERS ARE WORTHLESS NOW. A real-world comparison would be how university medical research projects, funded by pharmaceutical companies, tend to be biased in favor of financial donors.
There are several minnow support projects and these will be the saving grace of any new and small users, who are willing to continue using Steemit. However, it seems that some are already seeing their delegations pulled. A case in point is represented by fitinfun in their statement about ned pulling delegations from surpassinggoogle. Apparently, helping "minnows 24/7" is no longer an objective on the Steemit platform. In one of my own comments on this post, I reference the statement and provide a link to the original source.
If you are an investor, I suggest you heed the warning and start digging into issues evidencing Steemit Inc's about-face as such relates to expanding, developing, enhancing, supporting this platform and your stakes in it. Where's your leadership? Turn your attention toward the TOP now that the BOTTOM has been rendered impotent.