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RE: I haven't written on Steem in a while. Here is why. (by Charlie Shrem)

in #steem8 years ago

Nesting limit, so I will revive here...

It sucks we're running into the comment depth limit here but the concept of draining the reward pool is a bad one that leads to confusion.

Yes, this idea of "draining" because some people earn more rewards than others - without any actual abuses occurring - is absurd. It is not "draining" - it is allocation by stakeholders.

Unfortunately, there are too many people who still do not understand the stake-holding aspect of the platform and how that stake is weighted when it comes to voting and rewards allocation. Even more unfortunate is that there are long-standing members who still do not comprehend this and actually perpetuate the ignorance of it among new users who then become disenchanted, complain about it without understanding, and ultimately leave in frustration.

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I think the frustration stems from the slogan "everybody gets paid to post". Really? "Everybody?" The slogan starts a expectation. I have been getting dimes here and there but when I started out I would get posts that earned nothing.

It's no reason to quit a day job for. Unfortunately someone did that.

Agree. You don't get paid to post tou get paid to invest time and energy into a long term involvement in creating content. Many 1 cent posts have turned more valuable the longer I stayed in and got more followers and upvotes especially from high reputation users. It will pay but only if you are putting out something someone else wants to hear and values hearing.

Good night
I apologize for the intrusion my original emanuella sambagini name
Italian and I live in France, I suffer from throat cancer and I intend to donate all
My property. I now have in my personal account; the sum of
60000 euros that I had kept for a construction project. But I
Will be ready to give you this money that will help you in your
Company, to also make your own name a project that holds you
To the heart, I ask you to consider my offer because
It is a gift that I offer you. I do not want to
Know if you can benefit from this gift. I suffer a lot and
I am very afraid, I almost can not sleep at night as the day
Because I do not want to die without having donated all that money
Otherwise I think it would be a disaster. I lost my husband 3
Years, who touched me a lot and I could not remarry until
We had no children. Please contact me
As soon as possible if you agree with my offer. That peace and
The mercy of God be with you.
My e-mail address is: [email protected]
Please pray for me, even if you do not answer me
May the peace of Christ be with you

Is it really that Charlie doesn't know what he's talking about? So if a popular author writes an article and gets many votes and a significant payout, it has no impact on any other author publishing at that time?

Is it really that Charlie doesn't know what he's talking about?

I wasn't referring to Charlie.

So if a popular author writes an article and gets many votes and a significant payout, it has no impact on any other author publishing at that time?

Sure, it has an impact. But what does "having an impact" mean?

It means money. What did you take it to mean when you agreed it has an impact?

He's an expert at red herrings. Ask him a question and he'll respond with a question. Give him an answer and he won't hear it.

What @ats-david knows but fails to realise is that coins that are distributed widely have more value than coins that are hoarded by the few.

When users vote on posts that have already got high pending payouts, their vote weighs more. So a dolphin that might give 1c to a low payout post might also give 20c to a higher pending payout post. That means that the 20c does get pulled from the lower payout posts.

This is not a bad system IMO. I think it could work if people were better educated and there were better incentives to avoid pile-ons on over-valued posts.

So you have a problem with how rewards are allocated? See my initial comment.

Perhaps I should have asked: What is the problem with this "impact?" Is that not how the system was designed? A fixed rewards pool that is allocated based on stake-weighted voting?

Good night
I apologize for the intrusion my original emanuella sambagini name
Italian and I live in France, I suffer from throat cancer and I intend to donate all
My property. I now have in my personal account; the sum of
60000 euros that I had kept for a construction project. But I
Will be ready to give you this money that will help you in your
Company, to also make your own name a project that holds you
To the heart, I ask you to consider my offer because
It is a gift that I offer you. I do not want to
Know if you can benefit from this gift. I suffer a lot and
I am very afraid, I almost can not sleep at night as the day
Because I do not want to die without having donated all that money
Otherwise I think it would be a disaster. I lost my husband 3
Years, who touched me a lot and I could not remarry until
We had no children. Please contact me
As soon as possible if you agree with my offer. That peace and
The mercy of God be with you.
My e-mail address is: [email protected]
Please pray for me, even if you do not answer me
May the peace of Christ be with you

Good night
I apologize for the intrusion my original emanuella sambagini name
Italian and I live in France, I suffer from throat cancer and I intend to donate all
My property. I now have in my personal account; the sum of
60000 euros that I had kept for a construction project. But I
Will be ready to give you this money that will help you in your
Company, to also make your own name a project that holds you
To the heart, I ask you to consider my offer because
It is a gift that I offer you. I do not want to
Know if you can benefit from this gift. I suffer a lot and
I am very afraid, I almost can not sleep at night as the day
Because I do not want to die without having donated all that money
Otherwise I think it would be a disaster. I lost my husband 3
Years, who touched me a lot and I could not remarry until
We had no children. Please contact me
As soon as possible if you agree with my offer. That peace and
The mercy of God be with you.
My e-mail address is: [email protected]
Please pray for me, even if you do not answer me
May the peace of Christ be with you

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Et vous serez satisfait
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