DAILY STEEM REPORT JULY, 1ST ★ STEEM 1.67$ + 2017 New Accounts
June is over, so I like to present some Stats from last Month.
Here the Top 1000 Powerdowns, a Chart I never presented before,
looks like the trend is to stop powering down, thats positive to me...
Next is Liquid Steem, the amount of Steem which is tradable on the Market:
And the last one for today, the Rewards Pool in Steem:
If you have any suggestion what numbers you like to see, please let me know :)
Thanks for the information. Hopefully someone can chime-in about the rewards pool. That chart is a little disturbing.
Resteeming this to 9300+ followers. :)
WOW 9300+ thats impressive! How you did that?
Just months and months of grunt work. Lol. A lot of mutual following since around December.
Nice!
I love the new full month charts, great addition!
Thanks :)
thanks
Always informational, I check this on a daily bases now if possible! Just picked up some more steem.
More Steem sounds good ;)
meep
A lot to wrap my mind around. Thanks as always for posting.
hahaha, you are welcome :)
Right now whales do not even need ordinary votes when they upvote their own posts, however I recently saw a post that got a large number of votes and at the time over $800 potential but no upvote for the responding voters. So here is a dilemma if a minnow votes some whale and gets no love back they are frowned upon by others for upvoting their comment because their upvotes are not getting recognition.
Until this imbalance is sorted people should upvote their own if just to bring this issue into focus without delay. Thanks elyaque, upvoted us both.
Some people bought large sums of SP on the recent dip and are posting like memes and stuff upvoting their own posts thus draining the quality posts reward pool was meant to be distributed. It will get out of any control if this trend continues. Because Steemit is a community not a money-making machine. There should be a hardfork decreasing the amount of upvoting own comments and votes. I know they can create another account... though.
Agree 100%
And thats exactly the Problem, they don't get upvoted anymore, because some Whales upvoting their own stuff, so they don't get nothing and start to do the same! Maybe in the future we only start to love ourself and don't give a vote to nobody! This is Bullshit and should be changed, it should be impossible to upvote your own comment!
But can't they then just open a sock puppet account, and upvote it?
No easy answers there.
Do you think people are just voting less to get back to 100%? I've been trying to ration them out, and I've yet to get back over 65%.
Good point Matt, sock puppet is a way around..... did't thought about that...
Could be everyone overdue it the last days and now waiting for recovering the VP....
One thing I have noticed, is that my most recent post did okay for the first few hours, then ground to a halt, (no surprises there), but I'm still getting comments on it, several days later.
I'm wondering if people are being more selective in upvoting posts only early, while there are still curation rewards to be had.
Clearly, they're still seeing it, as they're commenting, but the upvotes have stopped entirely.
UPVOTED :)
Que puedo aportar para ayudar ?
Glad to see that power downs are stopping slowly, but need to do something for Rewards Pool going down, Thanks @elyaque for sharing the statistics.
I'm new here and still struggling to understand. Please what are the advantages of either powering up or powering down. I just don't understand them.
If you powering up your vote counts more and you have more influence. If you powering down you loose that influence.... for example 2% of my vote gives you 34 cents, if you are new and don't have any steempower, 100% of your vote counts 2 cents.... got it?
So what would be the advantage of powering down? To me it sounds like there is none.Thank you for answering my question.
If you had invested a lot on the beginning of Steemit and you wanna cash out something, then you power down, but thats it....
So if you haven't invested anything or just starting out like me powering down would be a bad thing. Thank you for taking the time to answer my questions.
You only can power down if you have powered up before :)
Ok, so how and when should you power up?
When you can afford to buy Steem :) Just buy them send it to your account and power them up! Like this you have more influence and getting more followers and votes :)
Buy them through PayPal? And howvdo you send them to your account?
Yeah I am worried about the Rewards Pool too, and no official statement yet.....
Noob question but where do official statements get released?
Cool, thanks for the additional data @elyaquie. I'm proud to say I am in the top 1000 and have never hit the power down button since joining a year ago.
Interesting information my fellow Steemian.
How do you correlate the apparent sudden less number of upvotes? At least that's what I think I'm seeing over the last few days.
Good question
The real reason is that users now have less votes (at or near 100%) 10 as opposed to around 40 prior to the HF19. So people are taking their votes and are using them to upvote the bigger Steemians who make thousands per post, so they can increase their rewards for curation. So when you had more votes to play with you could spare a few votes here and there for smaller posts to support the minnows but now voting is a luxury.
You could say having 10 votes at max VP doesn't prevent you from continuing to vote with less VP. But take into consideration that VP takes time to recover (more than 2 days if you're under 90% of Voting power). So users are trying to stay as close to 100 VP as they can. Hence they only use their votes (10 a day) to upvote the Big Fishes. That leaves us with less votes equaling less rewards for us.
It's not because people are voting for themselves since your own vote only gives you a few cents anyway if you're a minnow.
UPVOTE AND FOLLOW ME IF YOU LIKE WHAT I DO. @epico
Smart whales and dolphins are voting at 20 percent weight. This gives them 50 (rather than 10) votes per day before their voting power starts to decline materially.
Right we should all adjust our voting power to be able to curate and participate more efficiently. I don't have the option yet I'm afraid.
Right, I remember when I was new I did't have a slider, do someone know how many Steempower you need to have the Slider?
I know they're both related but it's given to you when you reach a certain amount of Vests, it was 1M before HF19 but they reduced to 600 and something or 400 and something I'm not sure.
You could adjust your votes, instead of 100% you use less....
Yes, once you get the slider yes.
You need to reach 1M vests first, I think they lowered that down with HF19 I think is 600 something now.
Thanks for your explanation. 10 per day is good to know.
You're welcome you can always check your current Voting Power in this tool created by @penguinpablo just check it out: https://steemnow.com
Yes I know that tool. Thanks. I just didn't really know about the amount of effective votes we have per day.
Oh yes it reduces your Voting Power by 2% every time you upvote. (2% of the current 100%) so 100 - 2% then 98 - 2% then 96.04 - 2% and so on.
Me lo dejaste bien claro. Gracias amigo :)
De nada. Steem on.
Right, I remember when I was new I did't have a slider, do someone know how many Steempower you need to have the Slider?
looks like a lot of users are voting there own comments up instead of posts, like this they earn more money.... sad but true... so busy with themselfs, they stop to vote other posts....
This is something I'm seeing a lot as well also. People dropping comments and upvoting their own. I never upvoted my own comment.
So each upvote for your own comment is a vote they not give for somebody else, this should be stopped.
They could limit it in the near future, like you can only vote on your own posts. Than we could see more honest voting system.
Or forbid it completely, why should you vote your own comment?
You will produce less garbage when you vote for a comment. Why should you vote your own post? I bought STEEM because of that. Everyone here seems to have forgotten that someone needs to buy STEEM. Voting is mining here and your STEEM is mining equipment.
Ok, its ok when you vote for your own post, but your own comment? Really? I don't agree with that, like this I make 10 comments a day and vote them all up with 100% and get 200$ a day and Stemmit will be dead in no time! Because all the new ones don't get any vote and leave the platform! I bought a lot of Steem too and Powered them up, but not to vote for my own comments!
hmmm, maybe, I think sometimes it is good if you can upvote your own comment. A lot of people are only reading the top comments.. It´s good to upvote the own comment if it´s very important. I used it for example on my Blockchain post, so that people can get an update on it. They can see it immediately after watching the post. So it depends really on what you are doing with it.
Ok, then maybe limit it to a certain % or so....
Me and I tried also voting for my self for curiosity and trial and error but in general its not worth happiness better upvotes somebody's post especially new to this community like me. to motivates them not only that you make them smile am sure when they see someone upvoted them.
If i cant upvote my comments, why would i put my money at risk that steem would go down?
Reward pool seems to be draining so quickly :( Wondering when it will stabilize
I am wondering too....