December 2019 Curation Rewards Estimate: The Results

in hive-167922 •  5 years ago  (edited)

At the start of the year, I made an estimate on what our curation rewards would look like this month - how'd I do?



source


One could not have foreseen the changes that have taken place this year with regards to the rewards structure. There has been a lot of discussion on the subject, and whilst not everyone agrees, I think the changes made in the most recent hard fork have been for the better.

Prior to the fork, larger investors sought to 'protect their stake' by producing sub-standard content to apply their own vote, and this practice became the norm for over a year. With the introduction of the EIP, 'free' downvotes allowed 'good' stakeholders to reduce the rewards on this content and at the same time, build their stake by curating the content of others.

The change from 25% to 50% for curation rewards has been a positive in my opinion, and not just because it has saved my predictions from being totally off!

I recently received a message from @remind-me on this post written 11 months ago, where you can find a number of charts predicting the curation rewards of those that asked (and I didn't miss!).



Thanks to the dev for this one - more info here


The post discussed using previous curation rewards and a couple of chart features in excel to predict rewards for the remainder of the year. This was my prediction chart 11 months ago:



And the actual chart using today's STEEM per MVESTS conversion of 508.297:



By hook or crook, the prediction for my account is about 25 SP out (less than 10%) for December 2019!

It was mentioned at the time of the original post that the charts came with a good deal of speculation and this was corrected in the comments by someone who stated they were 'pure speculation'.

Were it not for the EIP and the fact that I've bought around 5000 STEEM/SP in the past couple of months, the speculative chart would be way off. Still, let's ignore these minor details completely and look at a couple more charts produced 11 months ago:

@meesterboom

Predicted: 475 SP

Actual: 450 SP


@tarazkp

Predicted: 440 SP

Actual: 580 SP


@brittandjosie

Predicted: 22.5 SP

Actual: 22.36 SP!


To be fair, I've had to cherry pick some of the more accurate predictions above, and there were some didn't go quite so well:

@smasssh

Predicted: 100 SP

Actual: 503 SP

Not that @smasssh will be complaining too much I guess!


Well that was a fun exercise, although I don't think I'll be doing the same next year - too many variables here on Steem, don't you just love it?

Cheers

Asher

This second post was brought to you by someone who did have plans for NYE but has been in bed with the flu for the past few days. Have a good one!


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That is great and the estimates are really close, despite the variables in play changing a lot :D

Did @smasssh rob the bank of @neoxian?

Some were really close, but I think that was down to luck/changes more than picking the right excel chart.

I think smassshy both robbed a bank and decided to join in with a bit of automation - it seems to have worked a treat!

Sure, but you should take credit anyway as luck comes to the prepared lucky.

Well, he smasssh'd it.

Got a few STEEMs and a laugh out of it, that'll do me :)

Did indeed both (had to, haha).
If I can't get it with posting then by curating ...

  ·  5 years ago (edited)

Yes I thought so :)

Considering your posting frequency, hf22 has been better now you have your curation game on?

Yep, far more better. I'm not really fan of autovote but it's so damn "comfortable" to use if you don't have much time to do manual. Try always to at least read later on what I've put on autovote.
Cheers mate.

Who squealed? ;-)

  ·  5 years ago (edited)

.

Thanks @crokkon :)

Yes I like it when accounts are way higher than the estimate, shows they are keen!

I had to go and look. For me you guesstimated:

Seems that somewhere between 10-15 is likely,

Steemworld say for the last 30 days 14.378 a pretty good guesstimate.

Ahh, I should have cherry-picked that one out for sure!

As stated, the EIP has helped with the accuracy of the predictions - they'd be way off otherwise.

Folks like smasssh who's bought in heavily this year, the prediction is way off, in a good way :)

Hope the flu gets better and doesn't ruin too much of 2020. 👍🏼

Cheers, I'm sure i'll be feeling much better in a day or two. Happy 2020!

Stay strong mate...The blockchain needs you. :)

:)

Great work
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Great result but maybe I have to change my MO in 2020
Going to treat the hangover to breakfast 🍳

Enjoy your first breakfast of the new decade :)

happy new year :) Asher

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