How the HELL can someone get 88 upvotes on a Post and only make 16 cents????
RE: Omnitude: Blockchain Technology for Everyone
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Omnitude: Blockchain Technology for Everyone
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You must be new here?
At the current STEEM price, I think 3,500 SP is equal to $1 upvote.
Now let me put that into perspective: I have about 5 SP, you have about 0.5 SP... I think all my followers combined have less than 2,000 SP, and this is understandable since who would want to lock up their money on Steemit for 3 months? Yes, buying SP will lock you in for 3 months.
So even if everyone who follows me (over 650 people) voted for me, I'd have about 60 cents LoL.
As sad yet hilarious as it may seem, that's the reality of earning money from upvotes. You need to get some very rich followers--those who have $50,000+ or $100,000+ invested in pure SP--to earn a decent flow of money from upvotes. But the problem is that there are very, very few people who would put a long-term investment that heavy into SP. I won't recommend it either since STEEM price has cratered by more than 50% in just 1 month.
Hope this clarifies how upvotes work :)
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Oh and I forgot to mention!
Those figures are accurate only if everyone voting is at 100% voting power, and that is rarely the case. I myself am usually below 50% voting power.
Also, since most people have very little SP, their ability to vote is dependent on whether or not their vests even allow them enough broadband to vote. Given that the vast majority of my followers have the same about SP as 95% of Steemit population, they often can't even vote for me because their vests are so low that they easily go beyond their broadband allocation.
Horrible, but true...
I myself was stuck in that hole for a long time.
But don't let the low vote value discourage you; the goal is to make quality content for the sake of making quality content.
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you are right...I am new here....2 weeks
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