27$ for my own upvote at 75% Votingpower? Guess this is a BUG after the HF19 !
Hope this will be fixed right now, otherwise
the Rewards pool will be empty in no time!
Hope this will be fixed right now, otherwise
the Rewards pool will be empty in no time!
I just voted for my own comment here!
Yeahhhhh....
ohhhhh noooo.... there's no "$27"
There you go, I boosted you up to $10 :)
hahaha, well guess you need some more SP still :)
Congratulations @elyaque!
Your post was mentioned in my hit parade in the following category:
Crazy, look at the trending post's!
What's wrong with the trending posts? You mean their earnings? :D
Yes of course the earnings....
Honestly, for me even before the rewards seemed unsustainable and now it's just crazy.
It's not bug it is a feature! ;)
No bug. This is the effect of 4x voting power and the reward curve flattening.
Amazing Shit man!
The reward pool in HF18 never got fully emptied so you can view this as an "unleashing of the floodgates" so to speak. :)
Amazing, hope like this the newbies will be way more motivated which is a very good thing!
So what is the ideal rewards pool level? Is the 1.6 million it is currently sitting at too high?
I'm not entirely sure what the ideal pool size will be... Depends on how many whales are voting really as to how fast the pool will be made available to users.
Is the following statement correction?
The rewards payout is based on a 30 day look back period, therefore the increase in voting power will slowly be incorporated into the look back period over the next 30 days.
I may be wrong! often am!
My understanding is right now we are seeing elevated payout levels as a side effect of people being able to vote heavier weight.. It should "normalize" within a month or less from what I am reading.
That makes logical sense based on what I'm seeing to. I just wrote a post about my analysis of the change and gave you a shout out in it :)
Thanks!
There's no way this is sustainable. You can't just create a bunch more steem out of thin air - unless the prices are just gonna drop like crazy.
The reward pool size hasn't changed.. In fact in HF 18 the reward pool was never drained at all daily and ended up filling up a large amount beyond what was able to be given out daily..
The network isn't issuing STEEM or SBD any faster or slower.. It's merely just allowing the reward pool to be distributed easier.
But if the SAME amount of rewards are being issued per day, how are total payouts up dramatically? The total payouts cannot go up without more rewards being issued. Unless I'm completely misunderstanding.
edit: For what it's worth, I want you to be right. I'm just really confused as to how this possible.
Imagine the rewards pool as a bucket or keg with a spout on the bottom. Each day a certain amount of rewards are being put into it by the network. In HF 18 our spout wasn't big enough to empty the rewards faster than the reward bucket was replenished every day so it started to get more full.. In HF 19 we've essentially taken the spout at the bottom an replaced it with a much bigger one.. Allowing us to actually possibly drain the rewards pool as fast or faster than it gets replenished. :)
You are misunderstanding. The reward pool is being refilled at the same rate however the backlog of reward pool is now being paid out.
Thanks for explaining it :)
Alright, I understand what you're saying. Does that mean after these backlog rewards pay out, the post rewards will settle down a little? Or is this the new normal?
I believe we are seeing boosted payouts and it should calm down with more voting me thinks. :)
Cool, thanks for being patient and explaining this to me!
Same thing... my upvote is more than a 5$ now. An was just a 0.17
It's insane...
Crazy Shit!
Oh yeah!
Well, you do have a lot of Steem :D but yeah that's a huge increase.
The real abuse temptation is about comments...just upvoting own comments (like I am doing here :-) ) brings real money now....
My vote is 3$
Crazy!
Congratulations ! HF 19 is going to rock...looking forward for seeing some amazing changes in earning potential....
This is bad! Like this the Rewards pool will be drained in no time!
Why do you think that? It's a rebalance. Others lost and you gained.
But how can it be? we will not produce more Steem every day....
We're not creating more Steem. It's just that all the Steem which was being allocated within a small number of posts are being more widely distributed.
We will still have to see the impact of @abit and @smooth's bots being turned off, and any changes in behaviour of normal users and whales though.
Guess we will see the full impact in the next days...
My upvotes are worth 3 cents now! Yay... I have a long ways to go.
Better 3 cents then nothing :)
Indeed, it was 0 - 1 cents up until today.
That can't be real ... can it?
It is!