I think there is plenty of bad content that gets rewarded on this site, because I have seen it happen many times already. But certainly you are right that putting up good content is the best way to go.
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I think there is plenty of bad content that gets rewarded on this site, because I have seen it happen many times already. But certainly you are right that putting up good content is the best way to go.
I can see it as well !! A lot of people post something just to make some money - but - there's also many users not caring too much about the sensational and just sharing their expertise or nice genuine articles with others.
You wrote a nice post but - what I cannot agree with is the idea that one should make money buying Steem Power.
I will be more precise - The steem power an account have - will only be used by steemit.com engine system to reward other accounts and not the account that holds it.
If you have 30 000 Steam Power you can upvote other account's articles - but in no way the system will reward you more $/ article for posts just because you have 30 000 Steam Power.
I think that isn't true. Your voting power changes according to how much Steem you have. Check this tool: http://www.steemdollar.com/dollar_per_vote.php?name=trevorlyman
It seems to me to be about half a cent per 100 Steem you have. So, if you have 1000 Steem you should have 5 cents per vote. If you have 10,000 Steem it's 50 cents a vote and so on.
If you vote for yourself, you do get the amount of your voting power, so you do get a little more.
But other things start to happen as well, like you get more followers, because people know that you have Steem to give away in your upvotes and comments, so they follow you so they can interact with you more often.
All those extra followers mean more upvotes for your content, and so on, and so having more Steem helps you to grow because it is like a magnet for attention from other Steemians.
Hi Trevor
I see the tool - nice one!!
I tell you what I think
... I didn't see this anywhere until now. It sounds like an anomaly to me. Why should your voting power go to your account if you upvote your article - question.
So - I think the self-upvote has been implemented just to make possible the account comments priority organization in case you write more than one.
... my acknowledgement is that Steam Power is not a value than is transferred by vote - but the indication of how much voting power you have per vote.
If you vote an article - and the articles go up by 1 cent you don't lose 1 cent of your voting power - do you?
The "money" that the article receives is generated by the process of mining. This is how it works as far as I know
Sure, naturally. But if they will follow you for your steam power - their interaction will not be genuine - will be? The consequence of not genuine interaction is poor quality of content and comments.
You get 20 votes a day at max voting power. After that it goes down (the value of your vote goes down). So, yes, you do have $0.01 less voting power when you vote for someone with a $0.01 vote.
You can vote for yourself and you'll see people do it all the time, but it's probably usually better to vote for others so they will want to follow you, etc.
Are the interactions genuine? Not all of them. Many people vote on posts simply because they know the post will do well and they want to get the curation rewards, but remember, the people getting those votes put a lot of money into Steem, and in order to motivate people to out money into Steem, they need to get some of their investment back. If you put in $50K how long are you going to keep it in Steem if you're not seeing a return?
So it's not always about the best content, BUT as there are more people with powerful accounts, so to are there more options in terms of content, and given a choice between two posts from two whales, people will go for the better post. So, you don't perfectly get the best content at the top all the time, but you do get a lot of good content at the top most of the time.
I think learning more about voting bots and follow trails will help you to see this is true.
so Steam Power has been desined to reward others not yourself.
I think it's a bit of both. Pay attention to comments with votes on them and notice how sometimes people vote for their own comments. I'm not saying it's a good thing to do, and I'm sure some take issue with it, but you can do what you like.
Again, I think it's best to give it out to others because it will motivate them to follow you.