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RE: The Ultimate Guide To Steemit Payouts

in #steemit7 years ago

@shenanigator I have been wondering about post payout. When we upvote a post when it has already picked up some steem. Let's say $100 will my vote count more?

If the post payout is way too much already let's say $1000 then my vote counts for nothing?

This is still confusing to me...

Please shed some light on this or direct me to the right place where I might see the math behind it. Thanks

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I have been wondering about post payout. When we upvote a post when it has already picked up some steem. Let's say $100 will my vote count more?

That used to be the case, but no, your vote should be worth about the same no matter how much the post is worth. I say "about the same" because it depends on the strength of your vote, your voting power, other users' voting habits, and the price of STEEM. But all else equal, your vote will be worth the same whether the post is at $1,000 or $0.

Perfect. Exactly what I was looking for. Thanks you soooo much!

Hmmm... I am still not 100% convinced of this. After some testing. Giving a few posts a 5% vote. (Carefully checking that there are no votes in between) the vote amount fluctuates. From 0.01 all the way up to 0.05

Any advice or thoughts on this. The reason I am asking is @randowhale recommend we vote after post has already got a decent amount of votes. This will give the post a bigger boost... Still the numbers don't make sense to me.

There are other factors contributing to changes in post valuation. For example, changes in price of STEEM, and the amount that other people are voting on the network as a whole).

High-dollar-value posts are very susceptible to these changes. If you go to a post that's worth $1,000, and refresh the post a few seconds later, the post value will probably change even if it doesn't have any new votes. Voting on a post also acts as a "refreshing."

Now it is clear! Thank you for your time to help me out with this. Really appreciate it. Tested the refresh of a high payout post. Did as you said.

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