I was under the impression that with curation rewards total returns exceed self voting. Perhaps I am wrong.
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I was under the impression that with curation rewards total returns exceed self voting. Perhaps I am wrong.
I think you make more self voting because you get the author reward plus the curation. I think there are some vote selling services that get you very close to that return though, just slightly under I think. I could be wrong as well though because I haven't investigated them all.
In the end, I am sticking with the convenience of vote selling out weighs self voting anyway. As it requires the investor to not do anything to achieve ROI.
However, this is neither here nor there really. The focus should be on building steem value and vote selling/self voting etc still (IMO) don't play a role in that (for benefit or negative).
I wish people would spend more of their time raging at the lack of push toward really building value, than yelling about how people vote. Give people a reason to delegate and invest that can really return value, and you will see self voting disappear.
(also I really like your sentiment that powerdown needs to be able to be instant for a fee, that would really encourage investment)
Perhaps we can start pushing for that with Inc and the next HF, or the next one?
I'm down for at least raising some noise about it. The most effective thing that can be done is seeing how many others are on board with the idea. If there is sizable community (and larger investor) support... I suspect it could get some traction.
The only question is the security, and how difficult of a code it might be. It would affect the reward pool quite a bit.
How would it affect the reward pool? I don't follow.
There are two issues really. If people are able to vote and then instantly power down, it will cause fluctuations in vote values and rewards, much more so than now. The SP allocating rewards could change in large ways, instantly. That doesn't currently happen with the slower power down features.
Secondly.. someone could vote and then power down everything... and move that chunk of steem to another account and use all their votes and then power down instantly again. Then move that chunk to another account use their 10 votes etc etc...
The penalty for instant power downs would have to be large enough to prevent that move from being profitable.
Theycallmedan wrote a post about it so there's one.
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He's exactly the type of investor that can actually make things happen.