I put out the first ever PALnet bounty in our Discord Channel. 25SBD to the best author about HF19 and some descritption of the Minnow Support Project (MSP). HF 19 changes took place 2 hours prior to the start time of the bounty. I've collected their posts and present them to you here for a quick view into the minds of minnows in these first hours.
https://steemit.com/discord/@stresskiller/making-the-most-out-of-your-steemit
https://steemit.com/hf19/@thenightflier/pal-peace-abundance-liberty
https://steemit.com/msp/@bighomie/hf19-thank-you-join-the-minnow-support-project
https://steemit.com/steemit/@mk40/post-hf19-feelings-and-payout-changes
https://steemit.com/steemit/@lyonsolntsev/after-hf19-minnowsupportproject-helped-me-big-time
https://steemit.com/steemit/@zaragast/the-hard-fork-is-real
https://steemit.com/steemit/@nrajesh/the-power-of-many
https://steemit.com/steemit/@cantribute/hf19-is-the-best-thing-which-ever-happened-to-steem
Some of these guys are super stoked on day 1. I look at the trending page and see basically the same thing I did yesterday. The same people, but now it's more money to them. I have a post that went to $900 in 20 minutes. If that's sustainable, maybe this is ok, but I'm waiting to see how the whole thing shakes out about a week or two from now for final judgement. I'm still super concerned that we're going to funnel even more money to even fewer authors. Maybe making a minnow vote 15 cents instead of 3 is worth that. We'll see.
If you're running a witness you can't get by on 8 GB of ram anymore. You've probably crashed if you did that. So, get your shit together and listen to @someguy123 when he posts about that ahead of the release.
Steem went up and is coming back down. I think we're under $2 at the time of this writing. Exciting shit.
My dream is to upvote every thoughtful comment on my posts, and to reward people who take the time to look at my pictures. But it's so easy to burn through my voting power now, it's crazy. As a minnow, I don't know if my strategies will change to earn enough vests to get my slider. I hope that it doesn't mean that the strategy becomes for minnows to comment only on whale votes hoping for payout, hoarding their votes as bribes for each other.
I have optimism, but I'm rethinking how best to approach this.
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For sure @crimsonclad I'm with the same feeling for upvoting. Great content, and timespent for our steemians to be more knowledge, enjoy great art, photography, and food etc. Good reply with feeling. And I think the update (hardfork) just helps people comment more, and hopefully more interesting, meaningful comments.
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Now that my vote actually feels worth something, I definitely intend to focus my voting on unknown people not actually getting exposure for high quality writing. I'd much rather make a post go from $0.00 to $0.08 than from $100 to $100.08.
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dropping truth.
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By the way, I see on your page that you're also a metalhead - you've got my follow~
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ooooh! what's your flavour?
Gothenburg melodeath tops the list for me - see Amorphis shirt in intro post, lol
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I'm really into progressive and avant-garde stuff, especially of the black and death varieties. Gorguts, Krallice, Kayo Dot, etc. Anything Colin Marston is involved with is gold. I also just like some big fat stoner metal riffs every now and then, love me some Torche and Elder.
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OwO kayo dot
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You're a fan? They're so underrated for how great their music is.
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Same!! #msp brought me here!
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Oh wow. My vote earned 4 cents. Before the hardfork, it was 0.0017 cents!
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I total agree.
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the excitement on steemit is now for real...
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HA ha LOL weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
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It's been a good day for us minnows, makes me more positive for our future. If nothing else it has proven to newcomers that this IS a great platform once they put the time and effort into building up their following and reputation.
Well done all on your posts
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EXCITED TO THE MAX!
NITRO!
THIS IS FANTASTIC.
I have been reading and following all sorts of posts from all over and this, this has just made everything here an entirely new way of doing business.
This has just given the "RedBull" effect, this is the thing that shall boost the Visine eyedrop sales and send their stock market shares through the roof!
This has just got me so energized that I can not explain just how hyperactive I have become!
This could very well be the adrenaline shot that revives all of those that were uncertain about the future of Steem!
HOOOORAAAAAAHHHHH!!!!!!
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@aggroed you are my hero.
Your posts have been instrumental in me learning the little I've picked up here in the month I've been on Steemit.
You are underappreciated and overworked.
Please accept my minnow upvote and Resteem.
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You're swell and I'm stoked to have you in PALnet!
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I'm stoked to be here.
Let's do big things?
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So far all my articles been going up dramaticly in worth. I just posted an article about MSP among others, just not about HF19 in particular. If u don't mind taking a look, think u will like it :) https://steemit.com/steemit/@droucil/my-experiences-on-steemit-so-far-and-a-thank-you-to-all-the-inspirational-figures-out-here
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I'd heard the name steemit in a youtuber's content that I subscribe to and it piqued my curiosity. I have been browsing this site since last night, and my acct just got approved this morning. My initial impression as a noob is that the economy of the steemit community is mirroring the offline world. Whales=elites, dolphins=middle class, minnows=peasantry. Therefore, I'm led to think that what's being attempted here is a form of regulation of this market with a veneer of cyber-socialism, if you will. Seems as though an attempt at raising the "minimum wage" of the minnows is the goal of HF19. Then again, I'm a complete noob... literally my first interaction with the community here, so what do I know? Perhaps I'm just unaccustomed to the politics of this economy and will pick up on the dynamic through my own involvement.
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its something like that.
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If my assessment is close to target, why is it we wouldn't expect a decrease in new authors finding their way to the top? If this economy seemingly mimics our own real-world economy, at least on a macro-level, why wouldn't it stand to reason that the unintended consequence of this change would be LESS new trending authors? If we decrease the amounts of upvotes allotted isn't that crippling our ability to spread the wealth? If we limit the supply of upvotes, its similar to limiting the amount of currency in circulation. We get a stronger upvote, but at what expense? Everyone seems to be so happy about the stronger upvote and values that they aren't considering the outcome may be that there is less ability to push minnows into the next bracket due to the short supply of upvotes by active members. Less upvotes, less curating. Less curating=more of the same. If the community can't shop for new authors with their upvote, the whales thrive, no?
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"If that's sustainable, maybe this is ok, but I'm waiting to see how the whole thing shakes out about a week or two from now for final judgement." - this right here, I feel like this, I feel like its TOO good to be true xD
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This post received a 1.3% upvote from @randowhale thanks to @aggroed! For more information, click here!
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you want a piece of coffee cake with your hardfork?
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To me it is really gonna help out content readers and comments alot
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Totally agree, the "passive" users are going to interact more...
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Thanks for the mention on my post! Exciting times for everyone, us minnows need to support each other. I hope as a community we can grow the #minnowsupportproject
:)
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I am interested to see how HF 19 will affect the token price, number of active users and number of newcomers.
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Exactly @readmore what I was thinking. I actually made a post about it but I did not actually have enough time to analyse all the data that is out there. Will actually start working on a follow-up of that to see the effects of HF19 on STEEMIT for the next couple of weeks or so.
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Will follow you to see the upcoming post ;)
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Time will tell and its looks awesome so far!
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I wonder if this will ultimately drive the underlying value of STEEM up or down.
If almost any post, even those of poor quality, can produce 40-50 cents in upvotes, will STEEM be arbitraged to adjust?
If any post can
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We'll have to watch and see
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So far everything is awesome, but people will be very selective whit upvotes, which could backfire. Hope for the best.
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I started some days back with steemit. I see a jump now in rewards for my last 3 posts. Looks good for a minnow.
Hope this stays as it is. At least I can see that my work is worth some small numbers with HF.
Thank you very much for your MSP/PAL support. Appreciated. 👍
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This is even more fun as I had no idea this was coming already now. People were talking about it but I always thought it's somewhere in distant future.
I was shocked when I saw what kind of power I have now. I'm more afraid than happy.
With great power comes great grandmother.
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that last bit made me LOL!
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Just wanted to see if anyone actually reads that or just skips the end :D
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whales and dolphinea are getting super conservative and stingy with their upvotes. I think it will backfire on them. This is the great chance for them to get involved and encourage minnows so we can grow user base faster.
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Also a great time to upvote the fuck out of yourself.
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so true. you can upvote too. show some love. lol
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thank you for helping the general community. Everything came at the right time as I have pooled all my new earnings in STEEM POWER
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It is certainly a wild day to be a Steemian! Can't wait to see how the week pans out.
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Very inovatif .. how are you my best friend @aggroed
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Really excited for weeks to come as-well, seems promising right now..cheers!
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This place is on fire right now, will it burn down to ashes or take off like a rocket?
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Really as a minnow i see this platform as what is good for all is good for me. I want every user that is creating good content to gain from it. This fork at the moment is good for me, but the profit is not the whole reason i want to stream on! There seem to be allot of well rounded people hear and i want to hear what they have to say. I also want to be heard. So far this change might allow me to do allot more on this platform. I want to quit my day job and spend more time doing steemit! Thank you for posting.
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Great post showing how the hardfork has been affecting the minnows. I myself have benefited greatly and see it as a mostly positive change. But as you said, we'll have to see how things play out. I hope the price of Steem stabilizes and people keep reinvesting in the company.
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Appreciate the love, @Aggroed! woot woot! Go HF19 and MSP!
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Thanks for the update. I am still new here, is there anywhere I can read more about the "witness" thing ?
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thanks for the info
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YAY STEEMIT!! @onetree
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@cronwill read this...
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Dude. This is crazy. And the post value will keep rising. But what is worrying is you'll probably see people use lesser votes.
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Yay! My post is there! Thank u!
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This post has been ranked within the top 80 most undervalued posts in the second half of Jun 20. We estimate that this post is undervalued by $71.89 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 20 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
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Excellent. So far i a lowly minnow have been pleasantly suprised with the results, looks like that is the general consensus as well, with a few hedged concerns as you acknowledged.
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HF19 had made me a big punch of money as my earning of $55 suddenly jumped to $445 in a minute
I really still amazed and don't understand what's going on
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It is exciting indeed. Long anticipated and it is now here - HF19. I posted about it but went for a walk instead - figure I will just live with it as I/we have no choice. However, like you I wonder whether it doe snot mean that the same authors with a big following already will not just make a lot more. Unless those people start to upvote minnows - not much will change. That is my 2 pennies worth - oh sorry - now it is 43 cents worth. :)
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I'm really confused at what I'm seeing post-HF19. It appears that just about everyone is enjoying much higher earnings and massively increased voting power.
Assuming that this is all real, and the reward pool is virtually the same it was right before the HF, where is all the money coming from?
Is it the linear vote weight "punishing" mega-whales so severely, that virtually everyone else is benefiting? Or have they stopped voting?
What am I missing here @aggroed ?
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