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RE: Why are the value of votes going down this past month? [A Reader Asks]
My point of view: The number of accounts are rising, but the issue of steem is the same. This means that when you vote the quantity of steem that you are sending is weighted with all users... then you send less money. We have to add the drop of steem price.
New users with hardly any SP voting does have some effect as well, thanks, but the issue wasn't present prior to the HF when new users were joining anyways. Maybe now it's amplified more though despite the low SP because of the HF changes, thanks for the feedback.