Less Earnings, but Keep Steeming!steemCreated with Sketch.

in rewards •  18 days ago
For quite some time, I have "felt" that the earnings on posts seemed less than they had previously been, but didn't bother to confirm it. So, I pulled some numbers from paid-out posts in my blog and the confirmation is definitely there. Just as one example, my "Happy New Year" post in 2018 earned $2.26, and the one from 2019 earned $0.76 (total post payouts, in both cases).

Examining the data, the turning point seems to have occurred sometime around the middle of November, 2018. Comparing mid-November through the beginning of February for the past couple of years, here is how the data looks:

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The decrease in earnings might be due to the exodus of many from the platform who were upvoting our posts. However, with fewer people blogging on the platform, there should be more rewards coming for those of us who are still here. So, that makes it rather puzzling, especially when some posters seem to consistently be earning $10 or more on every post, regardess of content and even without the use of bid-bots. I have quite a few very lengthy and complex posts in mind to write (science, math, etc.), but with smaller payouts than we previously had, I seriously wonder if it is worth spending 6–8 hours or more researching and working on posts as I once did, just to earn $0.50–$4 on them. 😕

Fortunately, the sense of community here is still strong-enough to make most of us want to stay, even with less earnings. So, heads down, Steem On, and hope for the best!

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I would be interested to see what the overall steem / sbd payout has been for those posts in Steem. I know my usd value has been down for posts, but I feel Im earning the most Steem currently for every post and knowing that the price of Steem is going back up Im less worried about usd per post then just keep building my Steem.

I don't think that there is a big difference. You are looking at the $ value of a post, which according to me is incorrect.
The lower the value of steem is the lower the value of an upvote is.
But you need to look at the steem you will get in return, which should be more or less the same.
The closing value of steem in Jan 1, 2018 was $4.01.
So that post of back then would have giving you 0.42 steem.
The post of jan 2019 did give you 2.12 steem. The closing price of steem was $0.27.
So the payout in steem has even increased! You have to look at the steem payout in my opinion and not to the dollar value.
Calculation used was (payout / curation) / closing price of Steem

Cheers,
Peter

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Howdy sir fullcoverbetting! thanks for the brilliant explanation!

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Howdy @janton.
You are welcome!

I did try to catch up with you on the commenting part. But after a day of commenting I was at 75% of you. But the day after I really was exhausted! Really respect how you keep on commenting like this! You rock!

Cheers,
Peter

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haha! Thank you sir and howdy this fine Friday! Well, there are days that you could match or beat me in commenting but it would take some sacrifice to beat the weekly totals that's for sure. I don't know if I'm investing my time wisely or not though, I question that most days as does my wife! lol.

What is your opinion on the long term chances of the survival of Steem and Steemit?

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Each time I do look at the leaderboard I see you running away :)
The more I do think about it, the more confidence that I am getting. Don't know why. But the fact that steem.inc was stepping down did kick start some things. Which is great. The Steem Community does feel more responsible now than ever before.
We suddenly do consider it ours :)

How much time do spend per day on Steem, or per week?

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Howdy tonight sir fullcoverbetting! Do you have as much confidence in Steem as you do in Steemit?

As far as the hours I spend, it's way too much but it depends on the week. For instance last week our internet went down for most of two days so I wrote the week off, thinking it would give someone else a chance to win. But it didn't go down until Wednesday and I had three really good days in. I just tried to maintain by commenting the minimal amount and put off alot the last day or two.

But it just so happened that none of the other commenters had a big week so I won accidently but I was working outside alot all week. So it just depends on what I have going on and since my wife started working I have more things to take care of so less time for Steemit.

But if I have a day that I don't have to go somewhere or work outside then I probably put in 12-13 hours which is crazy but I do get addicted to talking to people! lol. That's the fun part. It would be super easy if I didn't have to post everyday but those take too long too, 2 to 4 hours when you include the research.

What about you? And are you on any of the other sites like Weku? Everyone is trying to get me to Weku.

For me its about accumulating steem at this stage and even though USD payments are down the amount of steem you get is probably the same or better.
If you're here and cash out steem for usd or try to live from your earnings then you'll be having a tough time.

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It's a conundrum, as the LESS quality posts I read, the LESS I want to stay. I feel a responsibility to create reasonable content still. I see some good writers writing LESS which makes me sad.

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However, with fewer people blogging on the platform, there should be more rewards coming for those of us who are still here.

I am confused by this as well.
I guess the question is, are there more or less overall articles and upvotes in total?

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Yes and now. The lesser people are active the more Steem stays in the reward pool. But the more chance you will have that somebody will discover and upvote your post!
Each day the same amount (minus inflation) is put into the reward pool. Depending on how much SP you have, your upvote will be a part of this reward pool. So yes, the lesser people who are active, the bigger your upvote will be.
But don't forget that lot's of people maybe did leave steem but are still handing out upvote, via vote selling or automatice voting.

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I wonder if there is a way to track how much auto-vote/vote selling is going on.

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Guess that this will be hard to track! Vote selling maybe can be counted but I doubt it that auto voting can be tracked!

The people who are upvoting are less on sp and the falling Steem prices were resulted on low rewards...but even with downtime being regular on steem means, money is not the only reason but being with community is more interesting thing

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The community is indeed what keeps on going. But I really do believe that we are earning now more steem than one year ago.
The upvote values did decrease, but it is much cheaper to get steem. You can see it in my answer on this post!

Earnings in steem vs earnings in USD, depending on the units the charts look quite different.

I will also mention that I personally bought a lot of SBI shares, and so thats how I currently maintain a relatively high post value.

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SBI shares are at the moment indeed pretty cheap! Enjoy the upvotes. Programs like this do keep people on board!
Cheers,
Peter

did you look at how much steem, sp and sbd were paid out in your comparison? With the price of steem down, your crypto earnings are up while your USD earnings are down. I know mine are.

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100% correct. This is the easiest moment of earning Steem. I keep on telling people that they need to look at the rewards in steem not in Dollars.

Earnings in USD are down but I'm not concerned by that, as I bought Steem to do better than USD in the long term. This is all about getting more Steem for me and that's good now. It's a gamble, as there's no guarantee that Steem will go back above 1 USD but I'm prepared to take that risk.

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Actually you're getting paid more Steem than before. You're actually getting paid the price of Steem as is listed on the witness feed though which may or not be the actual price listed on Coinmarketcap.

For example, the price feed lists Steem at $0.31 right now even though it's actually $0.29 on the exchanges. That's pretty close though.

Having said that, when I used to get paid $20 or $40 on a post that's because the price of Steem was $4 or $5.

If I get paid $2 now I'm actually getting paid more Steem than I did before.

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As a witness, Coinmarketcap is not the only place we pull prices from. It's a mean average of 4 or 5 places like bittrex and poloniex (to name a few). Not every witness pulls the same way either, so there is definitely a margin of leeway that needs to be factored in regarding where you choose to buy or sell.

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The Steem value is what counts, unless you need to cash out in a hurry! It maybe you 2019 new year wasn't as good!

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Totally agree with @bengy. In my opinion, now is the right time to put more focus on Steem value.

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Indeed we are all earning much more steem than 1 year ago! Without a doubt. See my answer in this topic for the prove!

You have to go by the Steem you are getting not the payout in times like these. The problem for people is if they are living off of steem....then yes, it is a bad situation but it will get better.

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@gniksivart @fullcoverbetting @dune69 @snook @jeezzle @shadowspub @ecoinstant @bengy @sharpshot

I stand corrected, then. After reading all of your comments, I pulled up the numbers on posts from this year -versus- the same timeframe as last year on STEEMD. All payouts were converted to Steem, thus eliminating any discrepancies with SBD. I selected comparatively-valued posts, and those netted me about 0.7159 Steem last year as opposed to 0.7845 Steem this year, so that is, indeed, a net gain of 0.0686 Steem, or an increase in 0.0959% Steem per post. So, for every ten such posts I make, an extra one Steem is paid this year over last. Thanks for pointing that out!

Just keep Steeming pretty Kitty. Pay off heavily in the long run🙄

Yes with the dip in price, so goes the less payouts. But still doesn't hamper me from posting... life in general has done that for me.

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Dawne, we are earning more now than ever! No doubt about it. If Steem will ever take off again, we will see that the increase of SP in our wallet will be much tougher!
Don't look at the payouts, focus on the Steem you are getting as a reward!

I haven't been on the platform long enough to witness the "sky high" price of steem but I don't expect any post I do to get around $1 if it's a blog, maybe $1.50 for a music post. Good job I'm not doing it because I love doing it rather than for the payout :)

I guess it's just a case of accumulating steem for now and hope that the price of steem goes up again?!

Thank you for the positive push! We all need it to stay on and keep steeming!

howdy there thekittygirl! Nice post and I agree with you that we should keep on plugging away and stacking up sp!