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RE: Detecting Last-Minute Upvoters
Self voting is usually ok, but if a whale is making hundreds of comments every day and upvoting all of them on the last day, that's a little bit sketchy right?
Last minute votes are generally done so they get the highest possible amount of money, it also usually means the user is just getting the vote for the money rather than the content, which ruins the proof of brain concept that steemit is supposed to run on.
And you do get curation for last minute upvotes, you get 30%.
Well that makes sense. But one can produce great content with initial delegated 15 SP and cashout every single penny.
Why would any sane person put money to Steemit if not for money to make money. Since they cant get it by writing, they are getting it the other way.
If I would invest my hard earned money somewhere, I would expect to profit one way or another. Different behavior can only be expected from those with severe condition of altruism.
P.S.
I thought curation rewards depend on voters after your vote, is it not? I never receive anything if I vote later than 5th voter after 30 mins have passed.
The reason you don't get curation if you vote too late is because your vote isn't big enough to get curation.
So your upvote is worth less than a cent, but if that's lower than 0.003 steem you're below the dust limit so you couldn't get curation. (25% of 0.003 is 0.000x but steem only has three decimal places so you get nothing)
The reason you get the most curation at ~30mins is because you get a higher curation the more it makes after you've voted. That's why you'll often notice lots of smaller votes come in before a whale votes. But if you vote too early, you get less curation and are essentially donating your curation to the author.
So it makes sense for minnows to vote at some point in the first 30 mins, and whales to vote at any point after 30 mins.
But most last minute upvotes that are abusive are done by the same user using separate accounts, or a pair of friends hoping to cash out on lots of SP, so curation doesn't really matter to them - it's more important for them to do it late so people don't notice and flag it.
Thanks for the explanation about dust limit!