RE: How it feels to have STEEM POWER! (custom animated gif)

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How it feels to have STEEM POWER! (custom animated gif)

in whalepower •  7 years ago 

Hi @randowhale, may I ask a question? I've been in Steemit for about a month, and I'm afraid all this "3.4%" (for instance) upvote has me very confused.
You see, I have been marshaling my resources, but I don't know what to do with them.
According to this:

my 'voting power' is 97.28%. It is actually a little higher right now.
For the past week or so, I've had a slider where I decide how much I assign to my upvote. I've been typically giving 5%, to a random 'like' comment, 10% to someone who actually posts a meaningful comment on my post, yet my vote power keeps going up.
I have 5.000 STEEM, but I don't know what that means or what to do with it.
I am a musician, I dabble in computers, but I don't understand all this one little bit.
Can you help me please?

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hi jerry, I'll help you :)
as you have seen, the voting power and voting strength are different. By default small voters will always use 100% strength and this act of voting takes away 2% of their current power , so the lower your voting power goes, the smaller each vote is worth and the longer it takes to drain it even more to a minimum of 0.01% voting power drained per vote.

Let me give a series of examples to make it simple:

  • 100% voting power, 100% vote strength = 98% remaining power
  • 50% voting power, 100% vote strength = 49% remaining power
  • 20% voting power, 100% vote strength = 19.6% remaining power
  • 10% voting power, 100% vote strength = 9.8% remaining power
    etc.

this also scales the other way:

  • 100% voting power, 75% vote strength = 98.5% remaining power
  • 100% voting power, 50% vote strength = 99% remaining power
  • 100% voting power, 25% vote strength = 99.5% remaining power
    etc.

and then you must note that voting power recharges about 20% per day, so you could do 10 MAX STRENGTH upvotes per day at 100% power, and if you are at 50% power you can do 20 and sustain there, they will just be worth about half as much on average.

Note no single way of doing this is strictly better in terms of total output, it's just a different form of concentration or spreading the votes around, the primary thing you need to optimize is keeping your voting power from recharging to 100% and staying there for extended periods of time.

Hope that helps you (or anyone else with the same question) ^_^

@alphacore AWESOME guide, thanks for sharing!
I do not have a slider for my upvotes and have been doing 100% , and I use steemvoter.com rules to slide the upvote percentage to video content providers who are anarchists.

So how can I modify my Firefox browser to slide the upvote % ?

an easy way to access % on individual votes is:
using @jesta's [chain.bb forum]

for this you will need your private posting key from wallet permissions
chainbb is attached to the steem blockchain but using a different interface
this will allow you to use the vote slider sooner than on steemit

as a side note the slider staying hidden until roughly 500SP is a design choice to keep things a bit more simple for new people, but there are ways around it :)

hope that helps you, sorry for the late response.

@alphacore thanks for the reply, yes, my first attempt to register for chainbb failed and I haven't tried again, as it is a beta version.

I'm curious about the ways around the 500SP feature, if it is not too complicated.

Hi @ronmamita,

I was facing the same issue since I am near the 500SP but no cigar yet:)

So I wrote an app which allows me to vote with less weight.

You can try my app if you think. It is simple to use and secure because it uses SteemConnect to verify your identity.

To find your posting private key on Steemit:

  1. Go to wallet/permissons. (or click here: [link])
  2. Click on SHOW PRIVATE KEY button.

You will need that for login.
See my app at Minnow-Power.net

It will guide you, how to use it;)

At your SP level at 100% Voting Power, a 25% Weight vote would still result $0.01 to an author.

If you have any question, please ask!

Have a great day:)

@neander-squirrel thanks and I will look into your app 👍
Even though I went to chainbb after @alphacore 's comment reminded me to try again.

I'm happy to hear that you've found a solution:)

Actually chainbb is a much simpler way to upvote. My app requires you to copy the link of the post/comment you want to vote on. So it is not as easy as a pushing a button:)

Thanks for your reply!

Keep steemin':)

WOW!!! Great examples, very helpful for me :) Thank you so much - SUNSHINE247

Thanks @alphacore, that helps a bit, but it is still so complex. Steem, Steem Power, SBD. Curation awards, Author awards my head spins thinking about it all.
I guess I will understand it some day.

@alphacore this is so useful i can't thank you enough 👍👍👍 i literally screenshot your reply

Very useful.

Ah, thanks!

Thanks for this explanation. I still don't understand a damn thing, but at least I have something to read later and to think about... I'm sure some day I'll see the light 😂

I apologize to @alphacore, for hijacking his post.

Hi Jerry, I don't get it either.... But lets make a pack and the first one that does get it, lets promise to inform the other.....Deal? I follow you now and hope that our paths cross again one day soon! Blessings to you, Brother Charlz

Keep reading this thread @charlz, I think we may have an explanation here.

Please do start a newby steemit understanding post and please lets keep it going until we all get it - I am totally in the dark and I even ready many many many past posts of the big dogs, I still am confused. I would love to just get it right and make it happen.. SUNSHINE247