Before about a month i posted a blog about going to Red Sea. The blog 24 hours rewards was less than 1$, it started to get attention after first rewards already executed. Any way it got about more 20 upvotes and reach 16$ in few days with total 123 votes and stopped there, then Whales experiment started (No Whale voting with full power). my little blog rewards started to grow to reach 120$, then (@ abit) came and downvote the blog as a part of experiment to naturalize Whale upvote, to be specific ( @ ned) upvote. But at the end my blog rewards was 71$.
image
Here is a snapshot of the blog upvotes and rewards
Why is that? from 16$ to 71$ with same upvotes?
What i understand from @timcliff blogs that daily rewards pool is fixed but distribution according to voting power & SP is changing every day, for example if only 2 minnows upvote today, all rewards pool will be distributed to those upvote according to voting power & SP.
Holding whales upvotes during experiment increase voting value of Minnows, Dolphin and Orca and that explain why my blog rewards increased by about 6 fold.
Moral of the story
This time same concept can be applayed but in different way, rewards pool decrease due to the Fork, i guess due to some complicated coding issues that i won't try to know or understand in details. But now only 1% of rewards in the pool, that will be distributed according to voting power and SP. This number will increase gradually to reach 99% of regular rewards before the Fork
Before getting 1 week rewards, one should expect an increase in rewards per blog without more upvoting, for example a blog collected 1$ with 100 upvotes today (pool 1%) could worth 20$ with same 10 upvotes in payout time (pool reach 20%), this number is not accurate and am not sure how fast rewards pool will recover to its optimal level but i hope this helped.
Great job so far
I think we all realize that old ways will not sent STEEMIT free. scalability have its price and i am glad that founders, development team and some active member of this nice community not only realized this but working to do radical change make this platform fit for mass adoption and they are doing a great job, that will help this platform in long term.
We all need to be patient and supportive to see this great platform thrive.
Seeing some steemian thought about it in negative way motivate me to write this blog.
Looking forward to read you thoughts about this, maybe am wrong about something or something is missed.
STEEM ON
Hello @araki
You should not have told everybody because you are absolutely right, he he he.
Now your post can get momentum for one week, so who knows what will finally happen when the week comes to an end?
I wish this post to be your best post ever
Hhhhh, Holly molly this video is super-funny man
i laughed my head off, Thanks @babsboard
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Let's be patient the future is bright!
Ameeen to that @kus-knee (The Old Dog)
I am enjoying reading the updates from many people on this topic, seeing who has a grasp on it and who does not.
It honestly is pretty confusing. Maybe it was designed that way LOL
Nice one, LOL. Have a nice weekend my friend
Have a nice weekend! You too, thanks again for your posts.
I've been picking up on the trades lately. Definitely becoming a bit more lucrative eventually as volume picks up.
If you refer to STEEM price, i totally agree that it will take a good run in the next weeks
Thanks for the update about growing volume @esecholo
Well, I guess let's just keep thinking positive and let's wait to see what happens next ;)
Good way of thinking @scritchbeat
Have a nice weekend!!!
Same to you @barrydutton