maybe they dont get the point. i know what you mean. we all discover price for a post together. but some here think only upvoting is allowed.
edit: now i read the headline of this @haejin. he wants that his followers delegate all his power to him. got damn he is so wrong. they all dont get it with centralized power. do they listen to him? i cant check all. very intresting here all right now. cant upvote you here anymore...
Even if @haejin helped only 10% of his followers make $5000 to date (which i think is a possible and maybe even an enormous underestimation) that would put the value of of his blog in that ballpark after another 6 months. Add more growth (which has been exponential) and even the most modest figures would dwarf that.
If you have been following him closely you'd see the returns are pretty mind blowing. (for the record I monitor my original pre-haejin portfolio and its worth a third of my current portfolio - in 3 months!).
Also that is a lot of new users coming to steemit with a lot of extra money. I dont understand why thats not good for Steemit. I understand how his growth could be a problematic in the short term but i think after working through it this is a huge boon for steemit.
ps for anyone not up to do the math.. $5000 x 800(%10 of followers)= 4million. Plus at the rate he's adding followers 20,000 followers is not too far away. I know for a fact he's made a lot of people way more than 5k too. Do the math. This is a valuable blog by any estimation.
Well, then if it's up to the algorithm, then we're in agreement because the algorithm includes downvotes in the calculation as part of the consensus code. Code is law.
Please explain for those new to the platform. 9 million?
That’s the rate he’s insisting on at the moment.
Still don't see how. Even if every article is gets 300 usd (they don't) and he writes 10 a day (he doesn't) that's 109k in a year.
See, there's your problem.
What do you mean by rate? The estimated dollars collected for all articles written in a year? Is there a site that shows what steemers get paid?
Don't forget to multiply 7025.477 SBD by the current market rate in USD, which is ~9.19 at the moment. So that's a pending payout of $64564.13 USD.
Which means the average per post is $1574.73. So you can see why we're worried about him posting 20 times a day.
Fix the broken platform.
What happens when a fashion blogger joins and is posting 20x a day with 100,000 followers?
Number of posts is not the problem; number of followers is not the problem. It's all beside the point. We're doing price discovery. That's all.
maybe they dont get the point. i know what you mean. we all discover price for a post together. but some here think only upvoting is allowed.
edit: now i read the headline of this @haejin. he wants that his followers delegate all his power to him. got damn he is so wrong. they all dont get it with centralized power. do they listen to him? i cant check all. very intresting here all right now. cant upvote you here anymore...
Even if @haejin helped only 10% of his followers make $5000 to date (which i think is a possible and maybe even an enormous underestimation) that would put the value of of his blog in that ballpark after another 6 months. Add more growth (which has been exponential) and even the most modest figures would dwarf that.
If you have been following him closely you'd see the returns are pretty mind blowing. (for the record I monitor my original pre-haejin portfolio and its worth a third of my current portfolio - in 3 months!).
Also that is a lot of new users coming to steemit with a lot of extra money. I dont understand why thats not good for Steemit. I understand how his growth could be a problematic in the short term but i think after working through it this is a huge boon for steemit.
ps for anyone not up to do the math.. $5000 x 800(%10 of followers)= 4million. Plus at the rate he's adding followers 20,000 followers is not too far away. I know for a fact he's made a lot of people way more than 5k too. Do the math. This is a valuable blog by any estimation.
Not my point.
If he gets upvotes and that's what the algorithm gives him then yes
Well, then if it's up to the algorithm, then we're in agreement because the algorithm includes downvotes in the calculation as part of the consensus code. Code is law.