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RE: STEEM PRICE DROP! It's Gonna Be Okay And Why I'm Not Worried
I don't know Zac. I was giddy as a school girl yesterday when I saw the value of my posts more than double when the fork hit but now I'm concerned.
I just wrote a post about my worries (I won't be an ass and link it here but please read it). With people having 1/4 of the effective votes now where are those votes going to land? I think a lot of new users are going to lose out and bigger accounts are going to get richer while us tiddlers struggle to make it worthwhile.
I mean I still upvote your content, and a few others, that leaves me very little to reward "randoms". It could well become very "cliquey" around here, voting only for friends. Maybe that's just the cynic in me.
Positive thoughts, positive thoughts
That's a good point, and I hope it doesn't become like that.
Even my diluted through overuse vote is still bigger than my full power vote before HF19. We'll see what the author rewards chart says in a few days, after the payouts begin to hit. Author rewards is the vast majority of rewards and will either differ from it's prior 99% of rewards being captured by 1% of accounts, or it won't.
I'm sure it will be better, but how much is very much in question.
Just make sure you store up your steem power. Once you hit 500 steem, you can regulate how much your upvotes are worth in percentage. Right now, a lot of the whales and dolphins I think are adjusting their voting power to see what works best. I want to vote a lot so I'm only voting at like 10% right now. Actually I'm on a upvote fast right now so that my voting power can recover. Right now, I'm sitting at 93.22% and I want to get back to 100% before I unleash again. And I think a lot of people are doing that right now.