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RE: The Greatest Trick Steemit Ever Pulled Was Convincing The World It Didn't Exist

in #steemit8 years ago

The reward system now is tiny because the user base is small, if a post were getting 5000 minnows instead of 500 voting on it, then the average reward would be bigger

The number of votes (or even stake votes) does not matter. If many posts (not just one) get more votes then it still divides up much the same way. However, I basically agree with you that if there were good prospects for growth the price would be a lot higher and the payouts would be as well.

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If many posts (not just one) get more votes then it still divides up much the same way.

Ah, of course, I didn't factor that in, obvious when you think about it. But yes, growth is still a key factor, more users is always more attractive to outsiders.

Cg

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