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RE: JUMPING SHIP - Thoughts and Considerations on Dealing With the Problem of User Retention

in #steemit8 years ago

It's a bit confusing that 225 votes would result in such a small reward. When we have a million users, will we have just a few more whales, meaning 10k upvotes and only a few dimes in the wallet? I can see this sort of trajectory, which would be a death knell. But I believe that this will be fixed. It has to.

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Yeah, votes are not always worth very much.

I have a very high reputation and a lot of followers, but my Steem Power has only been worth 1 cent per full power upvote, at most, based on what I have seen.

When I vote "too much" and decrease my power, it is not even worth a cent.

One whale vote can be worth hundreds of other votes, and that's just the way that it is.

People keep thinking about cents. While they do matter, the real metric is STEEM. Especially if people chose to get their reward in 100% SP. But the thing is you have 4k SP. It is not all that much, but you do your part with voting.
We have a problem when people with 50k+ sp abstain from voting, which means less impact on where rewards go.

yes well said @xanot, you have totally understood the dilema, we all need to get more SP to increase the value of your upvotes for others. And others for your posts. Two ways. invest like me and buy minimum 3000 or be more patient and work until you have as rewards for your effort !! So good posts or good money is what this site needs to survive.SP ! SP and more SP people !! )))

Very concise explanation!

I agree but it is what it is. There is not much I can change about it! :D
Here is the post btw. 230 votes :D It still made me happy.
https://steemit.com/art/@poeticsnake/doodle-portrait-2-original-art-by-poeticsnake

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