Public Service Annoucement

themanwithnoname (64) in steemit • 7 years ago

Hey, everyone. My posts are more sporadic now than they have been in the past, but I've been seeing a number of people making post and comments that are 100% Powered Up.

This is just a quick reminder that if you're currently posting articles and comments on Steemit, you will maximize your rewards by posting 50/50 as the price of SBD is still above $1.00.

You don't have to post 50/50, but if you do you'll receive more value for your posts. Since they take time and effort to create, I figure that a reminder to friends wouldn't be out of order.

In case you don't know how to change it...

Click on your profile picture in the upper-right.

Choose "Settings"
Scroll down to Preferences and make sure both "Blog post rewards" and "Comment post rewards" are set to "50% SBD / 50% SP".

I hope that helps you maximize the returns for you posts. Good luck out there!

@themanwithnoname

steemit sbd 50-50 busy

7 years ago by themanwithnoname (64)

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lynncoyle1 (63) · 7 years ago

Thanks for the information @themanwithnoname. I had to check to make sure, but I don't think I ever changed it from the 50-50 default.

themanwithnoname (64) · 7 years ago

You're welcome. I'm not sure why I've been seeing it happen so much. I don't think I saw any from you, but rather than try talking to each person individually, I thought it would be easier to make a post. If things change and SBD goes below $1 I'll probably make a post to alert people to that fact. Then if they're still powering up it would make sense to switch.

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lynncoyle1 (63) · 7 years ago

I have a feeling that some just think it means they'll be getting 100% of the rewards :), so your post would be beneficial for many I think. Actually, a full, clear post explaining the whole reward thing would be very beneficial for newbies especially, and even for not-so-newbies like myself!

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themanwithnoname (64) · 7 years ago

Yeah, I can look into doing a post like that. I feel like I've seen some that have been really well done, but if I can't find any of them, then maybe I'll have to write one of my own.

Don't worry, I'm not sure that I understand it myself. It's all just a throw of the die.

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lynncoyle1 (63) · 7 years ago

@themanwithnoname, I'm beginning to think that some information can be repeated over and over, especially since old posts never really seem to be looked at

Don't tell me that you don't understand. I count on you buddy 😅

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themanwithnoname (64) · 7 years ago

Yeah, it's rather difficult to get back to older posts, so I think people mainly look at the current articles posted.

I'll keep telling you I understand it completely. ;)

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lynncoyle1 (63) · 7 years ago

hahaha @themanwithnoname , and I'll keep believing you! 😂

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papa-pepper (80) · 7 years ago

Upvoted for being helpful!

themanwithnoname (64) · 7 years ago

Thanks, man! Just trying to help the newbies. I had no clue when I started and someone told me. Paying it forward. :)

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glenalbrethsen (68) · 7 years ago

It's amazing how this happens anytime the price of SBD is lower than that of STEEM. I know it's because people are thinking well, STEEM is worth more, so I'll pure SP! Apparently, they either don't now how SBDs are calculated, which I wouldn't know that well if it weren't for you, or they just don't care. I can't believe it's much of the latter, so once again, there's a need to educate more people more efficiently with the finer points of Steemit and the STEEM payout system.

themanwithnoname (64) · 7 years ago

It's unfortunate that people don't really understand how the payout system works. Posting about it is the only way I can think of that I can help people know how it works.

On the other hand, Steemit could have changed how things work on the back end and I could be giving bad info. We're back to getting some Steem instead of all SBD. Maybe they changed something else too. I still think it's shady to have an option where you choose 50/50 and you end up getting 15/35/50 (Steem, SBD, SP). I've posted about many things they should change and nothing has been done, so I just continue along and try to have fun. :)

glenalbrethsen (68) · 7 years ago

Oh, I know it, and I promise I will not haul us back some weeks ago to when that was all happening. However, I'm wondering if you've seen the posts by kevinwong over the last couple of days. He's one of the guys with higher SP here and he's been talking with another high SP guy (or group)—Trafalgar—that is known for 'maximizing' profits, not too unlike haejin, but to a lesser and apparently more palatable extent (moral equivalency, got to love it).

KW's idea after talking to the T-group is to promote, among other things, a return to a 50-50 author/curator rewards payout and modify the earning curve once again to something that's in between the current linear curve and the previous n2 curve. Frankly, I find it kind of hinky myself, but then I don't pretend to think that anything that gets changed is going to affect human nature, which is what these folks are arguing they can do with the changes they're proposing.

themanwithnoname (64) · 7 years ago

I've seen a little of his stuff, but I don't think he's one that I follow. I'll have to look into it more.

I don't think that changing to a 50/50 author/curator split would make a difference. The self-voters will collect both halves of that, so it doesn't change anything. People have said remove the self-vote option, but you'll just see more alt accounts then. I don't really have an answer to that whole issue. I was just saying that if someone is going to post, they might as well choose the option that gives them a little more bang for their buck.

glenalbrethsen (68) · 7 years ago

Oh, I know. And it's true. People need to be better versed with that. Of course, you can lead a horse to water, as you know very well... :)

themanwithnoname (64) · 7 years ago

Sometimes the Horse leads you to the water. And sometimes the water comes to you and the Horse. Watch out for the latter as it's probably a flash flood and you're going to want to get to high ground. 0.0

tcpolymath (68) · 7 years ago

This happens automagically when the ratio of existing SBD to the Steem market cap gets too high, to keep from printing too much debt. It's not new, it comes around every once in a while.

For probably more detail on this process than you really want see a recent @timcliff post.

themanwithnoname (64) · 7 years ago

I remember it happening a little while ago. I wasn't thrilled with it then either. My thinking is that something different is being delivered, from what's being selected. If they're going to change it (even automatically), they should have the payout reflect that. Thanks for the suggestion on Tim's post. I'll check it out! Thanks for stopping by! :)

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jorlauski (58) · 7 years ago

great advice -I always go 50/50 cause I like to have SBD on hand to purchase vote bots that earn even more SBD - I still don't have a real strong grasp on the payout system, but I know the basics.I was considering buying some more Steem with my Ethereum - but I'm starting to get concerned - if the quality of articles keeps dropping -I'm not sure how long this platform can keep the public's attention - I honestly wish Steemit was more like FB - I think it is missing some component that makes FB seem more user friendly and more connected to family and friends ...I keep getting crap articles in my feed 3rd world countries written in other languages that I cant even understand. It seems like there is too much garbage to wade through and I just wonder how many other people are starting to feel the same way....

themanwithnoname (64) · 7 years ago

It's nice to have the SBD in case you need to spend it. You can also trade it for Steem using the internal market. Then you can sell that or power it up if you would like.

I get what you mean about the quality. I think it's an issue of connection though. One of the main reasons people spend so much time on Facebook is that they're interacting with family and friends. It's difficult to find people on Steemit and I think people get jaded because they come in expecting to make a ton of money and then find they earn almost nothing to start. Setting expectations could be a big part of it as well.

I keep getting crap articles in my feed 3rd world countries written in other languages that I cant even understand

Check which users those posts are coming from. If they're posted by someone who consistently posts in another language, maybe they're not a good fit for you to follow. Otherwise, if they're resteems from someone who consistently resteems articles that you don't want to read, then you may have to consider unfollowing them as well in order to cut down on the spam.

I only follow 142 people, and even that is too much at times. I still miss stuff because there's so much. That's one of the reasons that I have been pushing for changes to the resteem function. It's too easy for one person to clog your feed. The only recourse that people have at this point is to unfollow. That's too bad if they post good articles on their own, but that's how the system is set up.

Hope one (or more) of those suggestions helps. Thanks for stopping by. Always a pleasure to hear your thoughts.

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inspiredgideon1 (58) · 7 years ago

Longest time, the man that has no name, my post is constantly at 50/50 because powering up is not my pursue now but to get some steem dollars.

themanwithnoname (64) · 7 years ago

It's been a while. How are you?

Even if your goal is to power up, you will get more rewards by posting 50/50 and then converting to Steem and powering up. That's true as long as SBD is priced over $1.00. I believe you're using the money for school though, so you're doing what works best for your situation already.

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inspiredgideon1 (58) · 7 years ago

Am doing well and good.

Yea am using it for schooling. Just some months left now.

themanwithnoname (64) · 7 years ago

Glad to hear it. And good for you for continuing with your education. That's exciting that you're close to finishing. :)

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inspiredgideon1 (58) · 7 years ago

Thanks friend but am still waiting for the day you will find your name.

themanwithnoname (64) · 7 years ago

It's a struggle, but we all have our own challenges that we have to face. ;)

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inspiredgideon1 (58) · 7 years ago

Hahah ok then.

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keugalak (43) · 7 years ago

The post is very good

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themanwithnoname (64) · 7 years ago

What part did you like best?

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keugalak (43) · 7 years ago

Because thanks to your post that I initially did not know about how to set% upvote then after just reading my post I already understand how to set it. This explanation I hope will get a vote from you.

themanwithnoname (64) · 7 years ago

I'm glad it was useful to you. There's always more to learn.

I looked through your comments and it seems that most of them are short, like the one above. I would recommend giving longer, more in-depth explanations and comments (like your second one) so the author knows you're connecting with the material and that you're not just commenting spamming (e.g. "nice post"). Some more popular authors will mute you after one offence and you will have missed your chance to interact with them. I'm not trying to tell you what to do, just giving you some advice that I think will help you.

This explanation I hope will get a vote from you.

I haven't heard anyone recommend asking for votes like this, but as you came back and clarified, I'll give you a vote. More unsolicited advice: focus on the relationships, so the small upvote.

That's all for now. Have a great day!

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lynncoyle1 (63) · 7 years ago

This ! Thank you for taking the time to educate :)

themanwithnoname (64) · 7 years ago

I think we can make a legit Steemian out of him yet. :)

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lynncoyle1 (63) · 7 years ago

Cheers to at least trying 😂

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