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RE: The Feeling of Having 200 SP... for One Week!

in #steemit7 years ago (edited)

I was delegated 75 steempower in a contest held weekly by @abh12345 and just about fell over when I saw that I had won the delegation. Winning 200, well I can only imagine the thrill in that! I would keep your goals high @aiyumi, when I started back in December of last year steem was in the middle of a run on price, straight up, not to mention what happened when it skyrocketed after the first of the year. The reason that is significant is because the reward pool is based so that the smaller fish like us get a bigger piece of the pie so to speak when the price is down because your steempower payout is based on the average price of steem over the time of the listing. So when I started (almost 100 days ago already, lol) it was very hard to move upward and I thought the exact same thing how do these people wind up getting so much? Well, there are times that are easier to accumulate than others. Keep doing what you are doing, you will grow on here much faster than you think. By the way, it's very genius going through your steemd.com and talking with the people you upvoted from the curation trail. They are all included for a reason and all excellent people to visit with!

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Yes, winning the delegation was quite the surprise. I was like, "Let's see... 3 STEEM, 215 SP..." (*startles and eyes widen*) "What!? 215!? But I only had 15 before..." And I had to check again to make sure. Then I saw the post announcing the contest winners and found out I had won the second prize.

Hmm, when you say that it's easier for us smaller fish to collect SP when the STEEM price is down, I assume you're talking about the "phenomenon" discussed in this post by @davemccoy (also plucked from the curation trail upvotes :P ). Before, I had thought the STEEM price drop would be an advantage only to those who have funds to invest in the platform and buy STEEM (something I can't do at the moment). But after reading the post, I think I understand the reward conversions a bit better.

At the current situation, my immediate goal is 22 SP. Then maybe 30, and after that maybe 50... well, one step at a time. Let's see how things will be by then... Unless I start getting very big payouts on my posts, though, 500 SP like the other commenter suggested is unthinkable to me!

PS: I've just noticed that I got 0.001 STEEM in author rewards. And yesterday I had gotten 0.008 STEEM. Weren't rewards either just SP or SBD? Or did something change?

Hello, funny you won the contest first of all. I have never been looking at all the contests myself, just keep doing my thing as I did not come to steemit to blog really. It winds up however, and my first goal of 30SP came quickly. It goes a bit exponential too, once the ball is rolling and you keep tendering it adds up faster and faster.
Those 500 SP will come by in some months, no worry :)

Author rewards depend on your post reward setting, a 50/50 give both SP and SBD.

Funny indeed! I actually am not one for contests myself, but decided to participate in a few, mostly to give my posts some exposure outside of my small follower base. The prize for most of those contests was a Steem Basic Income membership, but I didn't come even close because the winners' content quality was on another level entirely. So, I hadn't expected to win this comment contest at all, especially since I'm visually impaired and we had to comment about a visual work!

Prizes aside, though, thanks to all these contests, I came in contact with great content, fun people, and awesome initiatives like @cryptkeeper17's curation trail that helps newbies (aside from the posts the leader likes and votes on, it's set to also vote on the members' posts, which means we vote on each other and grow together!). These contests have provided me some nice experiences so far!

Author rewards depend on your post reward setting, a 50/50 give both SP and SBD.

Yes, this was what I thought, and until yesterday, I had never seen rewards in STEEM. But at the moment of this writing, my Steemnow page is saying:

Latest author rewards
4h ago 0.074 SBD, 0.003 STEEM, 0.044 SP for /my-review-of-slint-a-linux-distribution-accessible-to-the-visually-impaired
14h ago 0.012 SBD, 0.001 STEEM, 0.008 SP for /re-danielsaori-steemit-comment-challenge-21-usd5-sbd-2-x-200-sp-1-weeks-delegation-comment-like-a-champ-grow-your-blog-like-a-champ-20180313t032332849z
22h ago 0.281 SBD, 0.008 STEEM, 0.160 SP for /minha-review-do-slint-uma-distribuicao-linux-acessivel-para-deficientes-visuais

Also, I have Steemauto set to claim rewards automatically, but it only gets the SP and the SBD. I have to claim rewards manually to get the STEEM. How weird...

I never got a STEEM reward until yesterday! So this is new to many I think.

(21 hours ago:Claim rewards: 0.010 STEEM, 0.335 SBD and 0.191 STEEM POWER)

We probably shouldn't get excited about this, though :( . I've just done some searching about the liquid STEEM rewards, and found this post:

https://steemit.com/steemit/@geekorner/liquid-steem-rewards-are-here-math-time

And from what I understood, basically it happens because there's too much SBD in the system, and causes part of our author rewards to be converted into STEEM to sort of balance it out. But this results in smaller rewards than it's shown on our posts, which... well, isn't a good thing...

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