I have been observing some trend on Steemit recently and I want you to help me with some answers. May the Steemit developers and community take this as a “concern and not an opposition”. And I want those who have answers, clues, or the same concerns to help me with the answer, reesteems for more answers etc.
I have been seeing that posts may be having more than 22upvotes but having even $0.07. In the previous system, the upvotes available at our disposal were many and their impacts were not that bad. But now it looks like it has gone down. Even the amounts of potential payouts on the hot posts is very low compared to the previous system. I have also noticed that the number of posts with potential payouts over $400 has gone down.
Does anybody have an explanation for this? I’m much concerned and worried about it fellow steemians
I think it's related to the balance of this community STEEMIT
and the price fluctuation of the cryptocurrency STEEM the more STEEM price is up the more the upvotes are powerful and vice versa !
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Thanks for taking your time to help me with the answer. So does it mean that since the introduction of hardfork 19, the price of steem went down and never recovered?
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Well I m not really sure about that, but the price is always fluctuating and personally I think it s going to surge up again !!
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Oooh ok. I hope so too. Let me check on the current price
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Upvotes worth 4x more since HF19, but now we can only vote 10 times per day maintaining the voting power, before it was 40.
Before HF19 rewards grew exponentially, now they are linear.
Steem price has dropped in the last days, making the rewards value decrease.
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oooh I see. I hope its not the tumbling down of the steemit network. How much is the STEEM at the moment?
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Check http://coinmarketcap.com/currencies/steem/
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Thanks bro. Let me check it out
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It surely also has got something to do with people just voting more and more instead of being selective?
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Thanks for the answer. But nomatter how I am trying to improve my steempower, my voting impact is not changing...or maybe they change after the margin has become big?
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To be honest its so incredibly hard to understand all of this...i couldnt give you a definitive answer..
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yeah...so hard to understand indeed
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