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RE: Is Haejln Rewarded too much on Steemit?

in #abuse6 years ago

Okay, let me see if I can explain it.

Steem production is a limited number. They are not magic. There is a rule that says how much is produced everyday. It is: DAILY STEEM ADDED TO THE REWARD POOL: 49,160

Haijln's 10 daily posts take from the Reward Pool over 1,500 Steem. This is 3% of the reward pool. If no one was flagging Haejln, the number would be higher. Maybe 4%.

There are 100,000 people on Steemit. More really. !!!! One person (Haejln) is EVERDAY getting 3-4% of the reward pool!!! If all big whales do the same, only 33 whales can take so much Rewards, AND ALL THE MINNOWS WOULD GET NOTHING!!!

Well, the rewards would keep going out for a short while. There is a SURPLUS at the moment. This SURPLUS is NECESSARY FOR THE FUTURE of Steemit. Once ALL the surplus is gone, then the rewards will be limited to 49,000 per day. And rewards WILL GO DOWN for everyone. Minnows will get 1 Steem for a post when the Post says $10. Whales will get only 10 Steem for a Post when the Post says $100.

The Rewards WILL run out if every big Whale behaves the same as HAEJlN!!! If every whale does this, IT IS AN OBSTACLE for YOU and ME.

Then no one will join Steemit. The price of STEEM will drop to $0.00 and everyone will be sad.

I don't want everyone to be sad.

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You are talking to a brick wall here. Haejin's followers will never be convinced that the reward pool is not infinite. Many have tried, all have failed. I think these folks are willfully blind to reality.

Good luck though, and nice explanation!

Talking to a brick wall indeed. Hgin is a big mud wall, and all of his followers have surrounded it as bricks giving it a brick facsade. But sooner or later... whether in this recent market dip or in times to come... it will all fall apart!