something wrong with steem

in #steem • 7 years ago (edited)

Hey maybe someone can explain this.

i've posted a story, and someone with 3500 steem power upvoted it - yet my post only has 5 cents.

now when i upvote with my 147 steam power i give out 3 cents.

last i checked but 3500 is way way more than 147 - in fact it's 24 times greater steam power than me.

so shouldn't his upvote count 23 times greater than my 3 sents or 69 cents - just for his upvote?

i'm not understanding out steem power works at all.

heres the story with and if you look at the upvotest you'll see the guy with 3500 steam power, yet his upvote has done almost nothing to increase the value.

help

#power #explain #works #help
7 years ago in #steem by
$0.23
  • Past Payouts $0.23, 0.00 TRX
  • - Author $0.18, 0.00 TRX
  • - Curators $0.06, 0.00 TRX
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     7 years ago 

    Hi @vonpetro, I understand that this doesn't make much sense on the face of things. Your number skills are impressive :)

    There are two key reasons for the scenario you describe to occur:

    1. The upvoter has a deminished voting power (this decreases as you vote on more posts & regenerates at a rate of 20% per day.)
    2. The upvoter has chosen to give their vote a lower weight using the slider (this option becomes available once you have around 500SP)

    The reason a user might choose to use the slider would be either to preserve voting power, or give a partial reward (liked it, not loved it.)

    I hope this helps.

    $0.47
    • Past Payouts $0.47, 0.00 TRX
    • - Author $0.47, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    9 votes
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     7 years ago 

    thanks - thats really interesting i did not know about the slider thing!!

    $0.00
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       7 years ago 

      I would guess that this is an example of the effects of the mass self-voting going on these days. My votes also are reduced. Although, bear in mind, the steem value is the important thing, not the estimate of the dollar value, you can see easily enough over a period of time watching the estimate of account value in your wallet, that it does not reflect the momentary price of steem but rather the average from the last 7 days.

      [-]
       7 years ago 

      It also depend on its current voting power. The lesser its voting power the lesser its vote value is. You can check voting power here steemstats.com