PSA: upvoting a 'payout declined' post still drains voting power!

in warning •  7 years ago 

TL;DR: Use smaller votes to show support on 'payout declined' posts

I decided something was amiss when noticing the payout declined posts still show some value behind them, so I decided to test this theory and as it turns out if you upvote payout declined posts it still drains your voting power! The same amount of voting power loss as if you voted on anything else, but you won't be having any curation rewards from that.

Now, of course, I get the idea of your voting anyway after seeing the declined reward strike because I do it too - you want to show some support like a thumbs up even if the author isn't taking the money you still want that like button. So then my suggestion is to just use a 1% vote for these kinds of posts when you still want to upvote it, because then the drain on your voting power will be very tiny and considering the author opted into declined payout I think they will be ok with that too.

Anyway I hope this helps you save a bit of voting power occasionally. If it's not something you already knew about, or think maybe your followers don't already know this, consider a RESTEEM!


Bonus Fact:
upvoting something that has already paid out (past 7 days) does NOT drain voting power :)

◈▣◈▣◈▣◈▣◈▣◈▣◈▣◈
follow me, I post things sometimes
◈▣◈▣◈▣◈▣◈▣◈▣◈▣◈


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The value of the upvote is "burned" so you are essentially still helping the ecosystem just not your own wallet directly.

Interesting, have a great day. You are overdelivering! Following you.

  ·  7 years ago (edited)

You went to Harvard. I thought that was just for tv douchs haha

Is it ok if I tell people we are friends? lol

EDIT: I am from Ireland soooo u know...having a friend who went to Harvard could make me president someday

EDIT EDIT: Overdeliverying? I am just super bored and cant sleep. May as well be helpful somewhere.

I played on the tennis team at Harvard. Two of my team members were from Ireland. Cool guys. I don't really know how I got in, because I didn't get great grades in school.

Will you be a good president? What are your policy stances, then I will decide whether you can tell people we are friends LOL.

I used to work for this really cool guy who told me afterwards when we met years later that I always underpromise and overdeliver. For me it was a huge compliment.

Thanks for commenting and have a great day. Following you.

silly question but here goes. how does one know that the author has declined votes ? thanks for sharing i've resteemed

there will be a strikethrough on the payout amount such as $1.00

good to know thank you :)

Thank you very much. Resteem, other people ought to know. The Feed is not very helpful for alerting me to interesting posts. Cheers.

Can I ask one more thing 😊
How many vote that I can vote for a day???
I will really appreciate that if you can help me with this 🤗
@kaminchan

Hi @sakhone. You should not vote more than twelve times per day as a minnow. Because it will drain your voting power too much. Wait another twenty hours, your power will be filled in by the system about 20% of steem power. Try to keep the voting power at 80%! If you vote too many times per day, your votes will become light, no voting points for the blog.

🙏🙏Thank you so much for information
I really appreciate that @kaminchan

Good information thank you for sharing
Up vote and resteem
@alphacore

Thanks for this. Upvoted and re-steemed!

thank you foe sharing knowledge!
I've upvoted and resteemed!

Spot on @alphacore! It is illogical to see that a declined post is getting upvotes worth hundreds of dollars. Why would anyone do that? I mean those votes could have gone to another author who hadn't delined payout.

I think the people who upvote popular posts/authors only are the people who upvote these posts too out of their casual voting habits.

I'd say it is better to curate a post by a minnow than to upvote on a declined payout post. Thanks for the message. I resteemed to get it across my followers

Thank you very much for this information, I wasn't aware of this.

you're welcome ^_^

done follow you.. for better curate

cool

This post received a 3.8% upvote from @randowhale thanks to @alphacore! For more information, click here!

  ·  7 years ago (edited)

Why are some posts marked 'payout declined'? I don't understand why that happens.

I assume it's the posts that have a strikethrough text style like this $1.29

it's an option when posting to choose between the normal 50/50 SBD/STEEM payout, 100% STEEM, or payout declined. There are various reasons for someone to use that, but as far as I know it's only the author that can select payout declined for any given post, so if you see the strikethrough on payout it means they chose not to accept rewards for that post.

Maybe they want to invest the money back into the system to help minnows.

tbh it would be 100x better to just vote for them directly in that case, since a few people claim most of the rewards dumping your votes into a void isn't really going to change that ratio any, but if the people making the most decline their payout then it might help I guess

Maybe yeah but probably not much. Where are you from?

I have the same question. Following you.

thanks for share everything

Yes, I also wonder about this, So next time I will consider to give 1% vote for decline payout posting. :)

Good info, thanks for this, I got this from the @colinbrazendale feed. What are some of the reasons why payouts get declined? I wouldn't want that to happen to me so just checking. And have a great day! Following you.

don't worry, it will only happen if you choose it during post publishing as the payout type. There is the default 50/50 of SBD/SP, an option for 100% powerup SP, and a payout declined option, so as long as you don't choose it you never have a payout declined post

Great, good to know! Can I ask you a huge personal favour @alphacore?

I feel a lot of the bigger accounts that tend not to vote much in power can use posts like that to dump a 100% and not worry about the impact it has on the reward pool.

that's true but I think it has the same effect as just not voting at all except for the part where it drains your voting power

@alphacore got you a $1.93 @minnowbooster upgoat, nice!
@alphacore got you a $1.93 @minnowbooster upgoat, nice! (Image: pixabay.com)


Want a boost? Click here to read more!

Gracias es un aporte de mucho valor, pero los pagos declinados quien los declima el usuario o el sistema Steemit

Thanks for the heads up. I was not aware of that.

thanks fro sharing

Congratulations @alphacore! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Thank you very much for this information.

This post has received a 1.95 % upvote from @booster thanks to: @alphacore.

thanks for share

This post has been ranked within the top 10 most undervalued posts in the first half of Aug 09. We estimate that this post is undervalued by $39.31 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Aug 09 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Good job.

Your post is beautiful but we can not reply to the way you comment, so please do it again.

muy bueno

Very good tip. Thank you @alphacore

I Agree!!!

Nice post, i followed your account, please follow me at @mrrandy

Useful post. Thank you!

thanks fro sharing this great information master @alphacore
lets visit my page

Amazing. Well done.
I'll follow your account to see how you doing. Because i also want earnings as like you @yash0108

Amazing! Upvoted

Congratulations @alphacore!
Your post was mentioned in the hit parade in the following category:

  • Upvotes - Ranked 10 with 165 upvotes

Hi, Watch My Blog, Thank u.

this post must be resteemed... I have done it... Thanks for shareing this post with us...

Thank you @alphacore

muchas gracias, ahora te sigo, espero tus aportes por mis post, saludos

upvote my posts too

Nice post, ive upvoted and followed u

Great post @alphacore and I read that the Upvote post payment doesn't affect one's voting power, but acts more as a gesture, without the drain.

Wow! Awesome ...Followed you for more.
Please visit my profile hope you like my post and if you like please don't forget to follow and upvote me..@saan 💐💐

Hello to all love steemit friends. Now we became the 2017 followers. Thanks you all the Steemit members very much. In the same way we will continue to work
Steemit members are welcome.
deep.png

I am new here so everything going over my head,
but resteeming it to help others :)

hi i follow u and upvote

thanks for information

Good post

good news, thank you, upvoted pleez .

https://steemit.com/@zaidane12

thank you for sharing importent information.

No wonder why I’ve not see any @AlphaCore blogs in my feed there have not been any! I hope everything is well for you. Have a great weekend.

Yea I tend to go 0-100 on things then randomly back to 0 while I spaz about something else for a while, so I got stuck playing a game and working on stuff lol

Good information > Thank you > I followed you

thanks for your post. it's so helpful.......

add me and vote

hi help me please

Spamming comments is frowned upon by the community.

Continued comment spamming may result in action from the cheetah bot.

I had always suspected it was this way, but never got around to investigating. Thanks for spelling it out~