Hardfork19 - A catch 22 -why is the minnows voting less?
Since hardfork19 I read a lot of posts about this. After that first day or two when some of our posts made good money or at least much more than some that only made pennies, I think all Steemians were overjoyed. BUT THEN 3 days further down the line reality dawned on most of us.
Last night I read a post of @shayne where he is saying the minnows can't handle the power that was given to them. I don't think he understands our position although he says he is also a minnow, he is not making pennies on his posts.
I must confess the whole system made no sense to me at all. My vote was about .02 before hardfork19. After hardfork19 I saw it was 0.14c. Then I read I only have 10, 100% votes now. I quickly saw that if I vote a lot my voting power came down quickly. I say to myself, well this doesn't matter to me as previously my vote was only 0.2 so if my voting power come down to 0.8 it was still much more than before and on my happy way, I go on voting for all my followers that put up quality content. BECAUSE I now have 287 followers at least 50 must have quality posts, almost everybody put on some quallity content. HOW CAN I SUPPORT them with only 10 votes or maybe 20 votes.
BUT WAIT, then the real shock was when I found out the more my voting power decreases the longer it will take for it to be back at a 100% vote. If the vote decreased and would be restored maybe every 24 hours, this would not be such a big issue for me. But having to wait 3 days for it to be restored to 100% again that is just too long.
So I realize this is a catch-22 situation from where the minnows is in a bad place, feeling more confused than before hardfork19, I would rather go on as before.
- "A catch-22 is a paradoxical situation from which an individual cannot escape because of contradictory rules. ... Catch-22s
often result from rules, regulations, or procedures that an individual is subject to but has no control over because to fight the
rule is to accept it."
https://en.wikipedia.org/wiki/Catch-22_(logic)
With the one hand, you received a vote that is worth more and with the other hand the number of votes was taken away. This results in everyone getting less votes. I hope the people in charge will realize the problem and bring another hardfork to better this situation.
Not be able to upvote good content make me feel that I let my followers down. I use only one vote to vote for my post the first time I put it up and do not upvote my own comments. So that is my DEFENCE for all minnow's that is now accused of all sorts of things in different posts. I now sometimes can't upvote and would only comment on a post to show my support and if I think it is really good I resteem the post in the hope that my follower will get the votes they deserve.
But after all that is said and done, STEEMIT is still a wonderful, almost too good to be true platform. I just Steem on writing my blog everyday. I am so grateful to my followers and non-followers for upvoting my posts. I have to be honest, I do need the money and I am succeeding in earning some money. My account was worth almost $300 and I am in the process of cashing it out. Just wait for the bitcoin price to rise a bit. 6 Weeks ago I did not know anything about cryptocurrencies, bitcoin, wallets etc. Every day I learn something more and I am making friends with wonderful people from all over the world. So far even with the FORK that was thrown into the works, I am enjoying my STEEMIT JOURNEY. I will steem on and if I had only one UPVOTE it will goes to STEEMIT every time!! Thank you all STEEMIANS.
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I agree, it really does put us between 'a rock and a hard place'. It hurts not to be able to upvote and support as many people as I'd like and to have to choose between upvoting more people but at a negligible amount, or voting only 10/day but at full power. Ten a day simply isn't enough to support the people I'm actively following, and to curate and support new people.
Even at 20% voting power per vote, your vote is worth more than it was before HF19. You're welcome to test this hypothesis out, but when it hit, 20% vote power per vote was well over 20c. Prior to that, 100% vote power per vote was 4c. At 20%, I can vote 50 times before the weight of my votes drops noticeably, and that's 10 more votes than I had prior to HF19.
You took the words out my mind perfectly. Great post!!!!
I am using the eSteem app for phone. which we can slide our voting power. not to full 100% but down to 25%, but i always check my voting worth in steemnow.
atleast i can stiill give 0.001 to the post I support.
that is my stategy.
thank you @ekavieka for your comment. Can you get this eSteem app on your laptop too?
unfortunately not, the app is for phone only.
they are working on PC app at the moment, hopely they can finish it soon.
thank you for your reply. Have a nice day further!
A really nice write up @hope777, and you've explained it all very well.👍
I like what you wrote, but I can't upvote you because I have depleted my voting power.😢👎
hahaha thank you for your comment, you made my day, I needed that laugh!
You're welcome @hope777.👌🤗
You can still upvote. Every upvote increases post visibility, even at 0% voting power.
I'm just getting used to having voting power be a lower percentage most of the time. My vote now at 30-40% is still worth more than it was at 80%-100%.
Thank you @doule, I appreciate your comment. I think that is maybe the only way to go.
Yes we are really stuggling to upvote all our followers
Thank you for your comment @bigbear. At least we are all in the same boat. :-) or swimming in the same waters!
If you can resteem my post I will be grateful @bigbear.
Hi @hope777 my voting power is permanently on 35 % it seems. I am still upvoting good content like normal. Remember that we now have 7 days for posts to be upvoted, so if you find good content, you can upvote later. That is what I do at this stage. I make a list and then when the vp is restored I go and upvote.
Thank you @giantbear for your advice and tips. You are a star!!!
Still learning on this site..thanks for sharing your opinions and journey!
You're welcome @dianadee, let's just steem on!
I can't wait 3 days, people pump out good content every day. I will keep voting, commenting and resteeming all the same. However, your strategy to comment or resteem instead of upvoting is a healthy balance too
Thank you for your comment @kubbyelizabeth. I feel like just voting and voting and depleting all. But I know I should not for then it will take 3 days to go up again.
I still don't fully understand the voting system but posts like this makes it clearer. Thanks
There is also a lot I don't understand. I tried to just put it plain and simple as I came to experience it. Thank you for your kind comment!