Today I Found Out... A Small Post with BIG Implications:
Hello there people,
Today I bring you a small post, with BIG implications.
Basically, I found out today that if comments are worth $0.02 at payout, you get nothing for them.
Now, this could easilly be a big post because there's some heavy math behind it, but I'll leave that to @eonwarped.
You can check his post here:
However, the calculations say nothing to me, so I'm saving you all the hassle of going over them and leave you with what I really was surprised to learn...
Comments Worth $0.02 Get You ZERO!
Basically, I've been giving a lot of people a lot of nothing.
That's right, I mostly vote with reduced VP since I have so many people, comments and posts to vote.
Heck, most people do this and vote at a fraction of their power, and this means that us small fish usually give $0.02, $0.01 votes.
Well, I was feeling good supporting people with these numbers because hey... it was something.
Turns out... it wasn't.
In Some Cases, It Is Still Worth Something: When?
Well, when you vote a comment for $0.01 - $0.02 that vote itself won't give a thing to the commenter, but if someone comes behind and adds another vote that makes it pass the $0.02 line... then your vote helped that commenter earn.
So you still have power... you just don't have power alone.
This is something you definitely need to have in mind.
If you see a good comment with $0.02, make a good steemianism move and upvote it to $0.03.
Your vote is worth something this way, and the vote of the minnow who came before you is worth something as well.
In Conclusion
This is what I have learned today and I made it simple so you could learn about it too.
If, on the other hand, you need mathematical context... check out @eonwarped's post about it here.
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What?! I’ve been wasting a bunch of votes too! Thanks for the info 😅
No prob man!
I used to do that too :( A lot! Not because I didn't want to give more, but because my vote was literally less than .02 until last month. I used to give out votes thinking that I'd be helping someone at least earn a few cents but nope! I was just wasting voting power and being symbolically nice. :P
However, those votes do help when they add to other votes. Three people with 0.01 can give someone a few cents of rewards!
They are also useful for moving comments around, some up, some down.
:p
:PP
yes a learned this a a while ago make sens on the spam problems.
its so much on the platform that is not mentioned and only by luck that people find out.
Yeap, no tutorials :D
from my understanding as long as its over .01 the commentor will get a payout. so .02 is fine. thats what most of us have been doing prior to eon’s on the knife post. it was a discussion after tim cliffs post a few days before that ...
@eonwarped
0.03 to be relatively safe :P. I think we cleared this up in chat as well.
yes just last night in a chat and clarified the range. LOL
with the number initially being .02 a few weeks ago :p
that said, we still see spammers!!! all agreed from
our lil C Empire meeting with eon and jan.
I learnt that too recently.
Thanks for giving me nothing all these months ;>)
All kidding aside, In my opinion - and I'm sure you agree with me on this - commenting and upvoting (comments) is definitely worth something, even when it's not turned into (financial value).
It shows that you appreciate something, or that you are/ your content is appreciated by others. It is the little thing that starts the bonding and people will remember you for it.
So, don't sweat it. It all happened in the past anyway. Now we now, we can adapt.
Have a great day!
Vincent
I'm starting to churn out 8% upvotes from now on! :P
See you around brozini!
You're lucky bro from another mo,
My minimum - and most used percentage on comments - is 22%
as 22 is my favorite number.
it's just for the comments or it's true for blog post's too?
(you know how hard things are at start... :) )
Apparently it's for the blog posts as well :/
This issue with the dust threshold is finally gaining the exposure it's supposed to have.
I can't believe how many upvotes I've wasted since I started on steemit. This deserves to be on the steemit FAQ so new users don't make the same mistakes we made.
I'm all for that... would give me added exposure :P
Thanks for the info, @spiritualmax.
I just wanted to leve you a short note telling you the SEED airdop has finished ;0)
Thanks... got 2880 :D
Listen Minnows... your votes do have value.
Be smart, and think carefully before you vote. The goal is to upvote content you think others will also upvote after you. Minnows get the most practice becoming good curators, because they have to. Wasting votes on their friends just to be nice, it might not earn them any rewards. Instead focus on searching out quality posts that others will find and also upvote.
Yeap, by the way congrats on the 62 rep, you're catching up to me.
I too was shocked and realized what I was doing didn't really "count" at all. I hate to bring you more bad news, but have a look at this post my buddy @thedarkhorse did. It looks like it's 0.03 :(
Posts don't count... posts get a payout whatever the value... at least that's what I think?
Unfortunately it affects both comments and posts. I am more pissed off in comments because the whole idea was even if it was a cent it would all add up to the reward of the person but knowing that an upvote on a comment that does not reach at least 0.03 that it turns to dust for that person just grinded my gears.
Then you get some elitist dolphin saying that if a comment did not reach at least 0.02 then the comment must not have been good. Well, not everyone has a fat cache of SP. I need to do at least 5-7% to ensure that my upvote on a comment reaches 0.03.
Really!?
That sucks for the little guys... but I'm confused, when I was "little" I had my fair share of 0.01 posts and they paid out!
Did you use Steem.supply to check this because in their it does not put into consideration the dust threshold. Sharon said she had a conversation with the creator but it was not fixed.
Eon and Jan tested it out and the results was it did not pay out.
When I started, I got payments for posts 0.01... so by experience. Could have changed...
yep you're right! I meant comments.