Is hard-fork 19 too good to be true? by jbouchard12

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steemit · @jbouchard12 · Jun 20 '17

$4.84

Is hard-fork 19 too good to be true?

<center>https://media.giphy.com/media/12XDYvMJNcmLgQ/giphy.gif</center>

<center>I'm currently concerned with the insane amount of money I'm seeing posts make. It's not the fact that good posts are being paid fairly it's that shit posts are making money now. I've already seen over ten absolute shit posts that are reaching $0.50 or higher. I'm concerned that with this new found power that a community of minnows who don't care about properly curating can make themselves some real money.</center>

---

<center>Does this mean whales/dolphins are going to be on a much higher level of flagging useless posts? Surely some will still make it through the cracks. Will this payout system have good longevity or could it be the destruction of steemit as we know it? </center>

---

<center>I would be lying if I said that this hard-fork didn't have me somewhere between thrilled & scared. With that being said I'm truly amazed with the platform I've seen steemit turn into over the past year of being here. I am over here rooting for steemit and hope it can succeed and become one of the biggest social media platforms the world has ever seen!

<center>https://pbs.twimg.com/profile_images/730961175182073860/AY9SsNuk.jpg</center>

👍 livingfree, whatsup, intothewild, robbierush, farmandadventure, jbaker585, dp1011, wordsword, jbouchard12, thatsnumberwang, amirl, skunik83, beriberi, budgetmarketing, oakmedia, matteroffact, farmstead, porosmuda, whaletrump, joeyarnoldvn, sergey44, darth-cryptic

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@budgetmarketing · Jun 20 '17

As a minnow I see this as a real good incentive for us little guys to continue on curating our content, yet I believe spam will inevitably increase. So in my opinion yes, you whales and dolphins should be the ones "regulating" the community with your vote power. Just don't abuse :D

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@crypto-p · Jun 20 '17

$4.11

Thank you for sharing, following you

👍 crypto-p

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properties (23)vote details (1)

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@alphacore · Jun 20 '17

nice voting power you have now crypto ^_^

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@farmandadventure · Jun 20 '17

As a newbie minnow, I feel exactly the way you do. Waiting another 24 hours before I get too excited.

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@farmstead · Jun 20 '17

I agree, I am both excited and wondering if this is too good to be true! I was so happy to see that suddenly my upvotes were giving people $0.02. Now just $0.01, but in either case that's better than $0! I felt like I was finally contributing and making a difference in my presence. But then again, as a newbie, I noticed my intro post popped up from $70 to over $200! Ultimately scaring the pants off me! I don't know if this is right, or if it will be taken away, or what?! I guess I will find out in two days when I am allowed to "cash out" for the first time!

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@intothewild · Jun 20 '17

The sustainability of it all is what worries me the most. Can this really be kept up at this pace? I don't know, but good questions!

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@rgeddes · Jun 20 '17

Why not - its just redistribution of the block-chain reward to different people.. they are still printing the same amount of money..  its just being spread more evenly?

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@intothewild · Jun 20 '17

I'm not sure to be perfectly honest with you. I don't know all the ins and outs and technical aspects of how this HF changed the voting power, but maybe you're right. As long as it's good for the Steemit eco-system I'm all in :)

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1 reply

@jezhead · Jun 20 '17 (edited)

What exactly happened in the last 24 hours? Can someone please explain? Everyone's post seems to have skyrocketed...but why?

<a href="https://steemit.com/@jezhead"><img src="https://image.ibb.co/kiJJDQ/micro_follow_button.gif"></a>

👍 jezhead

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@jbouchard12 · Jun 20 '17

They increased the voting power by x4 but to me it seems more than that. Your voting power will deplete much quicker now. Don't vote more than 10 times a day.

👍 whaletrump

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@jezhead · Jun 20 '17 (edited)

So that's a good thing isn't it? It's also a way for people to vote on actual worthy posts and not just anything at random.

<a href="https://steemit.com/@jezhead"><img src="https://image.ibb.co/kiJJDQ/micro_follow_button.gif"></a>

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1 reply

@joeyarnoldvn · Jun 20 '17

show me the money said Tom Cruise

👍 joeyarnoldvn

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@rgeddes · Jun 20 '17

$0.26

Payouts are low people get confused.. payouts are high people get confused...

👍 whatsup

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@robbierush · Jun 20 '17

$0.34

I'm with you every time I upvote it goes down by one cent interesting

👍 robbierush

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@sassal · Jun 20 '17

With great power comes great responsibility :P

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@thatsnumberwang · Jun 20 '17

I don't understand it at all :(
Good post, followed.

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@thomaskikansha · Jun 20 '17

The payouts are estimated ones and we should see a comeback after whales voting

👍 redpill

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voter	weight	wgt%	rshares	pct	time
redpill	0 B		70,652,409	50%

@whatsup · Jun 20 '17

$0.26

People need to check their sliders and bots.  100% voting power will only give 10 votes per day without depleting voting power.  Once everyone figures that out, it will "calm down".  :)

👍 whatsup

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@alphacore · Jun 20 '17

$0.24

very true!

👍 whatsup, alphacore

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@jbouchard12 · Jun 20 '17

how do you check the slider? correct me if I'm wrong but can't you only adjust that at a certain amount of steem power?

👍 whaletrump

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@whatsup · Jun 20 '17

The slider comes somewhere around 500 sp.  I can't remember exactly when.

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2 replies