RE: Perhaps we need to speak as one?
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I have shared the same concerns so many times but nobody seems to care when you don't have the power. Should it go through, Steem will be as good as dead. What is a platform without creators?
#no5050
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@elsiekjay... How I wish that we were both wrong about this.
Well, at least we will all become AMAZING curators! lol Think of how much TIME we will have to read now! Maybe that's what we all need to do.... Go find a bunch of unknown newbies and give them all 100% upvotes.
Then - since we are the only ones upvoting - we will give half our upvote to them - and half will come back to us!
THE FOLLOWING PROPOSAL IS FACETIOUS, BUT I CAN TOTALLY SEE PEOPLE DOING THIS
Writing my Fireflies posts take me approximately 3 hours each ? and I usually make about $2 on them? sometimes $1.50 Don't forget to take away the new 50% curation rewards! So I keep 75 cents... divided by the 180 minutes it takes to write? You're looking at about 0.005 cents per minute.
My @fundition posts get a nice payout because @fundition is so faithful to support that project!!! Around $18 usually? so after the new 50% curation - thats down to $9 left. (its actually less - but lets just leave it there for the sake of the example! lol) The real life work I do for my project? oh... about 8 hours of work in a day. Add in 2 hours of videoing, another hour at least of editing. Writing the post is another hour... So that's 12 hours. $9. I think that's 1 cent an minute.
Now... I remove all my delegations from all the communities and newbies I'm supporting (why? well of course so I can have more value in my upvote!) And now - I have a 5000 SP upvote.
That's around 8 cents now? I read a nice little post from a newbie... takes me a minute. upvote them at 100%.
They get 4 cents, I get 4 cents. sounds perfect. lol I mean - most newbies barely make 2 cents on their posts. This sounds likes it is AMAZING for the whole community! My husband doesn't yell at me for spending all my time writing posts and making pennies... I get to support all these amazing new newbies... and now I have lots more time to go swimming!
well..... this WAS total sarcasm. Now I might be seeing this as brilliant plan!!!! LOL You know the old saying... can't beat 'em.... join 'em! LOL
In all seriousness, I'd rather give my Fireflies chapters away for free to interested subscribers, than have someone make more money off me for adding nothing more to the mix. I will most likely halt that story on Steemit, and just give it out directly via a mailing list for anyone interested. It's a matter of principle really. Curation is fantastic, and I'm happy for it. But writing one well-developed post takes significantly more time than curating that same one well-developed post. It should be rewarded heavier. That's my opinion.
Unfortunately, here's what they don't tell you about Steem... Opinions are stake-weighted ;)
@crimsonclad - i'm about to comment to you too - but i'll be referencing this comment LOLOL (so you can find it)
I never thought I'd say this, but Voice Might actually be the better option. After all eos has some value to it. I am actually very eager to see how it will span out when it's officially launched, it may as well be the steemit killer if they go ahead with this 50/50 system, or perhaps creators will go to another platform and add value to it. Who Knows, Nobody wants to spend such amount of time only to have their rewards significantly reduced. It's madness.
Personally I might stop creating content daily and just invest my time else where.
I will definitely spend less time creating content.
Maybe I'll spend my time curating and commenting on newbie posts. Or...maybe not?? Why give them a false sense of hope? Maybe it's actually prolonging the inevitable to support newbies?
I guess this just makes you really take a look at your time as very valuable and see where it is best spent.
Will be thinking about that for a few days for sure...
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Your calculations forget one thing, @dreemsteem, which is that you can also strategically self-vote so that you receive some of those curation rewards. This is not gaming the system, it is using the system as it is designed for your benefit.
For all curators, this is the future; yes, curate manually but then add your favourite writers to an auto-voter and start to earn the long term rewards of your earlier efforts. This may not have been your original plan but it is a good plan - the best plan on this blockchain with these rules.
;-) Take care
You know that they want people to stop self-voting right? LOL and they are encouraging the use of the free downvotes so that people can remove the rewards from people who self-vote.
downvotes aren't even free yet - and people are doing this (one of the commenters on my posts this week is doing this TO earn more rewards and its getting punished)
i'm not saying that self-voting is good or bad. I think if its a good comment - then self-vote! but guess what - we all have the ability to self-vote bad comments too.
and that's where downvoting comes in. which WILL be abused and will NOT be used on whales out of fear of retribution.
see how this is not a good system? its set up to fear whales, and so they win.
whales are not bad!!!!
whales are awesome.
but bad whales are REALLY bad. LOL
you know what? let me restate that. greedy steemians are really bad. across all the classes.
so i did think of what you said - but i think there will be the downvote police who are busy looking in your wallets and seeing how to take what you have so they can justify "redistributing" the rewards. ....messy.
One other thing. lol. Curators do not automatically get 50% of their upvote, just as now there is no guarantee of 25% return. the curation algorithm itself is not being messed with, just that the curation pool will be double the size. Hence strategic voting will still count to get larger curation rewards.
not entirely correct... curation is stake based.
when a whale votes - they take the lions share of that curation pool on your post.
so when they upvote themselves - they get 75% and then the majority of that 25% curation too.
change it to 50/50 and its the exact same for whales. this does not halt bad behavior by whales - it gives the same result for them while punishing smaller accounts who cannot compete with the large stake based votes.
i can explain more if you like when i get home? we can continue the discussion :)
Exactly.
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