RE: Short-sighted from the start
I was going to comment on the self-voting, but I see someone else already has done so.
Still...
First of all, I cannot see anybody, day after day, making 10 posts a day
Anybody does that kind of self-voting is going to make a lot of socialist vigilantes happy, as they will have some serious flagging to do
If you are self-votting, did you calculate the curation deducted correctly...since you will also earn as a curator of your posts?
What I would enjoy seeing is someone buy much more than a million and have their fun posting, upvoting a few deserving small posters while earning and flagging all those who flagged him when he was a small fish.
While I am here, can anyone explain in a way we all can understand how the curating works? I've understood that I must wait 5 minutes, yet I see big accouhnts upvoting within the first few seconds.
2nd puzzles is: only the first 30 upvoters earn something (it seems this includes those who voted before the 5 minutes). What about a post, just to make it easy, let us say it earns $6 (Steem), $3 goes to the poster. Three gets shared by the 30, but, there are only 6 'curators'. Does this mean they each get 0.50c?
And here is where I get confused. Does it depend on the voting power so that those with big SP earn a larger share?
Does the 30th voter also earn but at much less?
I have not seen anyone explain or answer these questions in a way I can understand.
$70 vote value a day.
35(curation)x 30(days) =1050
No self voting.
I am adding this comment as it struck me that you did not mention the best reason of all for using the exercise you mentally played with.
It is extremely likely that sometime within the next year or two, most currencies will drop in value - banks are getting close to bankruptcy again, despite the billions they took from us taxpayers not so long ago.
With Steem being at 13 to a dollar, the likelyhood of it dropping is not as likely and if it does, it will be to a smaller degree.
However, should the other currencies drop, steem will appear to grow stronger, since you will be able to sell Steem for more dollars (for instance).
The only major problem I have with Steem and crypto currencies, which nobody seems to talk about is: what happens if the internet collapses? or thanks to the UN it becomes so strictly regulated we can no longer use it?
lol - I just realised....if your scheme is based on curating, all those nasty little accounts who have no posts or comments, all they do is flaf, how would that affect the curating if they affect the earnings of whoever you curated? I have just yesterday seen people complaining about this exact problem, losing what they voted because of flags
I didn't mention many reasons, and there are many.
OK, so you don't know how curation works. I am on my phone now, but I will be home in a couple hours and can answer, if no one else does.
All voters will earn, the UI generally only displays the highest voters. All can be seen on Steemworld.org though.
The voting is a reverse auction. Voters voting at 0t are giving up 100% of their curation. 1 minute are giving up 80%, 2.5 minutes 50%, 4 minutes 20%.. But, those in earlier will benefit from those who vote later, so there is gamofication in the timing.