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RE: STEEMIT TIPS: Dolphin 101- You're reading comments wrong! (about to cross 2400 followers!)
Well, you're a minnow. It doesn't really matter if you upvote or now. 3 cents isn't gonna rape teh rewardpool. Ned however can pop out $4800 or so on 1 comment and I think could do that 10 times a day. So, it's kinda rude and rapey to go around upvoting your own comments when you have a lot of SP. But if you're doing it to make a point or get one accross to the author it isn't always wasted.
ah ok, thanks. Might be a silly question but.. where does the voting money come from? Do I lose money every time I vote? because I've been voting a fair bit. And $4800 a comment is insane???
Money comes from the reward pool which is dictated by the price of steem and the inflation rate. right now inflation is about 10% so that's where the new steem comes from.
Interesting. So its all about spreading the wealth...if you have it.