I
have been watching what is going on here with the change, and I am wondering which way things are going to go. The market also thinks pretty much the same:
It takes a week for it all to start to pay out significantly so on one side there will be selling pressure from people wanting to cash out bigger earnings, though, I think there will be another game going on on the other side.
On the other side are people who are not just interested in the rewards but in accumulating the voting power. The flattening of the hill up to whaledom means that those who move quickly and store it up fast will be able to get also greater curation rewards, which compounds...
I once had 20,000 Steem Power. I want to get back to that :) All of my rewards go to Steem Power now, and I have a small power down going (about 80 Steem/week it will be paying out), but I will be stacking my rewards and mining income on top of it quickly.
If I am thinking this, then so are lots of other people.
Postscript - One of these things is not like the others:
On the right hand side of the chart, you can see something peculiar - the value of Steem has stayed stable against bitcoin, but bitcoin has been blowing out. This means the change in in vs out of bitcoin and steem has not been significant, like it is almost now pegged to it.
This is rather interesting and it will be very interesting to see how this holds in the long run.
my upvote went from 10 cents to 3.5+ USD! I couldnt sleep properly after finding out that I had enough Steem to give a payout like that! Super Excited, i think Steem prices went down because Bitcoin is having a small rally 3-6% gain. Bitcoin really makes gain, a lot of Altcoin tend to move in that direction, most likely in a week or so prices will find new highs
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i wish i was that high lol , congrats !!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
But what is the minimum payouts in dollars?
Its 0.001 steem for curation.
Its 0.02 something for comment rewards.
I give a penny now for upvoting comments... but does it actually equal a payout?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I can definitely see lots of minnows get a taste of the steem power and payouts. This should lead to them investing in sp and buy more which raises the steem value. As more and more minnows join they'll just feed the system and raise that steem value. All speculation though :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
in the end its your decision, thing wont go what people say go with you heart, i know you got dis
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My point exactly!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit