What your VOTE is worth? - Fyrstikken Explaining how the system works! Bookmark for later!

in #howitworks7 years ago

To everyone who has asked, this is how the voting-system works. Explained as simple & easy as possible to understand. I hope this will be useful for you whenever you may find it.

the value of your steem vote power.png

Do not forget to go to the witness-page and vote for @fyrst-witness and join http://steemspeak.com and speak about steem with thousands of other steemians and golosians :)

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I know my vote it not worth as much and people do not value people like me as something important , but I try to comment comment comment and learn more everyday from this community . I just hope one day my vote is worth something that people will be satisfied with . As always , you the man . Thanks !! @fyrstikken Steem is on a rise

Stick around. At the end of the day you are at the start of this platform 1 of 300,000 on this platform. Just imagine if you were 1 of 300,000,000 for f.b. early on.

1 small grain of rice in a bag of rice

I think your comments are important. :) everyone is a minnow at some point :)

Yes, we work our way up , no matter what the struggle :)

Everyone voice is equal imo. The size of your account isnt what matters, but the effort and commitment you show

I rather enjoy being a minnow now....lol...if things break, I didnt doit

LOL, not really. Welcome to the first level. We are called red fish. If I am big I want to be a minnow.
:-(
:-)
There is always one samller as you are.

So, you can be too small to be a minnow even? Something new every day. I just assumed minnow as the small new account.

Unfortuantely not. Red fish is lower. Have a look here:
https://steemit.com/steemitboard/@arcange/steemitboard-update-6

I do not think that it is not that you are not valued or for that matter anyone else. I went on a voting binge to make up for a storm that lasted several days and it drained my voting power. It has started to come back up but, something has changed or rather, when the price of steem was high and we all gave each other two or three dollars when we are all minnows, the price of steem dropped and it takes a long time to get voting power back!

So, to give someone a decent reward I and everyone else has to wait for the power to come back up and then, there aren't that many votes. I just voted for twelve people and am below 90%. So, I have to wait ten hours or so before voting again or no one gets anything more than a penny

Support is great , I feel like we guide one another to not give up . I pray Steem rises , so I can help as well :) and you're right @goldmatters that made me feel better, nothing really matters but the effort we make into this community

I love your spirit. That's the way to go!

Im also commenting, my posts are not having many upvotes as i'd like; by comment and reply im making more $$.

That's one reason to keep steem power!

This post received a 3.6% upvote from @randowhale thanks to @ericwoelk! For more information, click here!

This post as funny!
I gave you my full 21 cent 100% haha you are right its worth shit! But the friendships I have made along the way are priceless! Even when some of them forget about you ;)
haha have a good one @fyrstikken
:0)*

I wouldn't necessarily agree the vote is worth "shit" like described in the post, well it can really be worth way more so it is a good time to invest as the price is low but that is not the point I wanted to make.... What I do love about your comment is the fact you made about the friendships being made... This is absolutely priceless quote and more of our fellow steemians should understand that.... Money should be secondary, building the bridges and relationships is what will make all of us really successful.... I am very happy you have made that comment! Have a great day and keep on steeming! Tomas

Thanks Tomas, yeah I know he was kidding about the "shit" part so I threw it in! lol I was kidding too! I can have a wacky sense of humor sometimes but I adhere to the same rules. I put the money last and friendships, content, and contributing first. You and a lot of others get, the ones that don't, well the don't last. Thanks for noticing and sharing :0)

LOL, I am just slow, haha..... Have a good one and see you around:)....

Lmao, NOOOooo, I never said that I said the opposite actually heee. I gotta keep my eye on you lol, Thank you and ill see you around too ;)

This community provides lots of friends to enjoy with.

Yes, Indeed it does :0)*

Succinct dude,
If people don't get a message that simple, they're never going to.
Nice!

Buy when they cry. Sell when they yell. YEAH BABY!!!

: )

#payitforward

good point :)

A very useful post ... Thanks for information @howitwork
Visit my blog @helmirenggrik

It's so simple that even a caveman can do it!

Thanks for the post :)

That is clear and concise graph @fyrstikken. Bravo!

You are currently whining here or there 🤣👌

Totally offtopic, but everytime I see your name @fyrstikken popping up I get a mental image of sufficating in a fire. In my head I pronounce your name as fire stikken In dutch stikken means something like to sufficate or choking. So, now this is off my chest I can enjoy the rest of my day 🤣
Have a great one @fyrstikken

Too funny. I was expecting some extra long scientific explanation that was hereto unknown by the masses!

haha at "your vote is worth shit right now" . You gotta be in for the long run!

Simple, awesome, and true. I'll be waiting for the imminent rise!!

gif from giphy.com

Thanks for this information. Am glad I bought some steem when the price was 0.94 so as to power up. Resteemed

smart move evelyn! I wasn't so bright haha.

The rewards are now linear. From my calculations, in order to have an 100% upvote be worth $1, you will need 8001 SP, divided by the price of steem in dollars. So right now with steem at $1.34 you need 6000 SP, but if the price of steem goes up 4 times, you'll only need 1500SP, and those 6000 will give you $4 upvotes!

Awesome post, and very encouraging. I just write something on this topic. I won't spam here, but see my latest post @yoda1917 :)

People always shout for the information when they can find it with little effort on the internet. Steem works according to it's price credibility. As the price credibility increases, the steem power value also increases and vice versa. It's simple to understand.
Anyways I have already upvoed you for the witness @fyrstikken sir. You're worthy of this title :)
Thank you.

Cool page man just followed you!

This is the best graph i have ever seen 😻😻😻

From zero to a lot 😹 😹

Heh, just checked my voting power, increased from 0.02-0.03 today woho! :)

How did you get 1000+ steem so fast??

purchased it, and it's 100+, not 1000 :)

Mirror, mirror on the wall, who offers the simplest explanation of them all??

Why, my dear, it is @fyrstikken! One of the most knowledgeable of them all.

Mirror, mirror on the wall, thanks, now I'll remember forever and this I understand.

A superb explanation's been posted for one ever asked question in Steemit land!

Great post @fyrstikken Very useful for the knowledge you share. thank you

Hahaha clearer impossible xD nice graph @fyrstikken. Our votes will worth eventually 10 times what is worth now.

Keep calm and steem on!

Super great thanks for sharing, I love this article, success

Upvote this if your vote is shit

Good explanation

Isn't it just the sbd portion that increases?

Suppose your 100 percent upvote is worth 10 usd when steem is high but if it drops 20 percent then your upvote drops significantly more than 20 i.e. max upvote to 3 or 4. thats why people are whinning

Really is it the procedure... We should try to keep it above 80% that means ... Right??

Very interesting thanks you

Many steemians are maybe not happy to see the price of steem today and I understand that, as I got into steem and steemit when the price was much higher. For those who are suffering from this given problem, the solution is simply to INVEST! Either invest time and gain much more or buy and accumulate more voting power especially now that the price of steem is quite low. Thanks for sharing this with us!

If only everything in life was explained this easily. There's a series for you... @fyrstikken Explains Everything!

Thank you fyrstikken! i was the one whining at the first dip. Had no idea. Do you want to trade some shitcoins???

Useful information man now i try to upvote at least 10 times per day to have my power growing

Friggen awesome Boss Man!!

Upvoted

that graph is really very easy to understand..but shouldn't we invest when the steem price is low?

OH SNAP! We all gonna get rich BOYS, WE ALL GONNA GET RICH!

nice post and good information
i like it @fyrstikken

Noobs panic when the price goes down. Pros buy it when they panic. Thats why the rich always get richer.

Thanks for sharing this @fyrstikken

i am going to vote for you as a witness :)

You explained in a very simple manner i liked that :)

Looks like i need to invest :D

Creative way of explaining things :) my vote is shit right now :(

I'm trying to accumulate as much SP as I can.
Turned all the SBD I had into SP haha
A great easy explanation @fyrstikken
Just keep accumulating and it will pay off in the end

Thanks @fyrstikken.
Since I joined the steemit I am struggling in understand the system of voting and how much it worth but you explained it very well. I want to thanks from bottom of my heart. Thanks man.

Who's whining? :) Thanks for this, @fyrstikken!

Hello @fyrstikken thanks for sharing this info! It's funny because I had in mind to invest some Steem for the platform here, but I wasn't sure. Now it is much easier to decide :-D Blessings!

upvoted, followed and resteemed!

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