RE: Steemit Strategies - Making the Most of Comments
Thanks for stopping by again and commenting. You bring up a "hot" topic that I believe is very misunderstood about curation rewards.
Later voters on a post or comment can't "steal" curation rewards. The system is setup so that early voters always benefit more than later voters. There is a complex algorithm that I will discuss this week a little more, but as you saw in the demonstrated rewards in my post the little guy did benefit from my vote. @krusper voted first with .003 and then I came along and voted with .32. He ended up with .002 SP, which is a curation reward of 66% of his upvote. My voting behind him actually helped. When a whale does that to a post, it has the same effect. All the people who voted earlier benefit from the whale coming along at the end. 25% is divided amongst the upvoters. Your share of 25% whether it is 25% of 10.00 STU or 25% of 1.00 STU is going to be the same as long as you upvoted before the "whale".
Some of the people on Steemit are either lying to us about how the system works or they are idiots and they just want to look smart.
just for the sake of argument i will throw out this example becasue i have been doing a lot of searching to maximize my curation rewards and this is what i have found
this is me voting at 29 minutes with a $.13 vote
it says i should make .057 steem power
what i made .042 SP
Now lets jump down the rabbit hole.
A whale comes in and drops a $220.61 vote at the very end of day 4..... day 4.... just to repeat, well after my primo 29 minute vote
results on steem bot tracker estimator? 11.547 SP
result 11.678 SP
So as a result of this and i can repeat examples of this at least 100 times a day i will stick with my statement that your curation profits lie more in line with your steem power than your timing of when you upvote. Would the whale have made more by voting when i did? A resounding yes from me, BUT the fact still remains that you get more curation rewards by being the big fish in the pool at the end of the day oposed to having a perfect voting strategy and timing. My goal is to build my steem power to god like levels so i can be more willy nilly with my vote timing. Just my $.02
Have a good day.
So, you made .042 SP on a .13 upvote and you're unhappy with that? 25% of your upvote amount is .0325. You made more than your valued share of curation and you can thank that whale for it for upvoting after you. If I upvote someone at 1.00 and get a straight share of the amount of the post rewards, I could expect to get .25 in curation. Depending on when I vote (time) and what position my vote is in the order, the amount can change. However, anything that is over 25% of your upvote is doing well. Most people get about 12.5 %. The whale also is not getting 25% in curation because they were late to the party. Also, comments don't have a time frame so 29 minutes or 2 seconds doesn't make a difference. Just the position of the upvote. Your whale here made a 220.61 upvote and received 11.678 SP. Let's say Steem was at $4.00 market price. That would be a value of $46.71. 25% curation for the whale would be $55.15 so he/she lost out.
To much is never enough.
:)
I always want more. Lol.
LOL