The new payout rules have absolutely something to do with discouraging new users. You just choose to not see it.
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The new payout rules have absolutely something to do with discouraging new users. You just choose to not see it.
Have to disagree with you on a number of points. But firstly I have said before I would like the changes to have gone further, maybe 10/90 split. The truth is the vast majority of users will never earn by posting, however they can continue to do so in the hope a post goes viral. When most of the upvotes are worth practically nothing anyway, we need a way for those accounts to grow enough so their vote counts, yes the rewards to authors will hit their earnings but if the votes they get are worth more it should compensate for the loss in earnings.
You need some way in my view to distribute Steem to the lesser accounts and then in turn they will distribute it back. You can't prevent some of this being sold but good Curation incentives should be enough to curtail that. What is certain is that the current model isn't working and with the ability to just earn by delegating to bots it just plays into the hands of those with the most Steem.
Another problem is the bad image it presents that you just sign up with a Steem account and the $$$ just pour in, that doesn't help in the long run. Also there is much more to do than just post and upvote so the focus needs to be getting users to get Steem and Power Up. There are vastly more users who will benefit from Curation rewards than will ever benefit from Post rewards. The problem though is this doesn't fix the other problem, that is getting users to manually upvote original content and stop them delegating to bidbots. If you could fix that aspect as well then I think you would have a better Steem eco system.
But like someone above said its also not about how many rewards you get its about how much those rewards are worth so the focus must be on increasing the token value, I think there is enough going on in Steem to attract new users so I am confident this won't have such a bad effect on that as you believe.
I'm not actually all that much bothered about the 50/50 Split. The decrease in income for postings under 20 Steem bothers me.
And that will hit both small authors and curators. And the amount of posts is already falling:
As is the amount of votes:
As is the value of steem itself. Note that I did buy steem and powered up in the past. But I don't see a point in it any more.
My suspicion: The dolphin to wales have all the steem they want and smaller accounts are disillusioned and don't want to invest.
As for a 10/90 split: Why not go all the way and do 0/100 split like @dtube? We'll see how that will work's out. It's worth a try.
If you like pointless nitpicking then go ahead.
But I have a question for you: Who makes those postings? And who curates those postings?
Hint: They are macroscopic so they don't pop into existence out of the quantum foam.
You did not answer my question:
Who makes those postings? And who curates those postings?
The users you say have nothing to do with the reward curve.
Sure, if you only look one step ahead. Of course if you can look two steps ahead then you see:
I know, pretty complex stuff.
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