Thank you for explaining that in full detail. This may be like our 9th day actually being active on this account but it all makes a lot of sense when you put it that way and yes something about that does seem very suspect especially if that means that I am working hard and someone is sticking their hand inside of my cookie jar. I have to be quite honest I kind of got a little upset there and explained it to my partner on here because I myself am an Ethereum miner and if someone found a way to con 6% of the block reward I would honestly be pissed. I'm still new here so given all the details I agree that it sounds EXTREMELY suspicious but also I do believe he earns some (not all) of it so how to tell which is which because this seems to be a bit of a pickle. Wow you explained that well.. I upvoted for what it's worth and to be honest I can see why you are upset about it because I think I may be a little uneasy about it as well now. If I understand this correctly... "He is getting a HUGE chunk of all of OUR money that we earn in the rewards but he is not earning it rather he may be con'ing most of it away in a loophole that he found?"
You are viewing a single comment's thread from:
Well, he may not be earning. I am trying to come at this as objective as I can be, but as a steemian, I do have skin in the game (we all do). @themarkymark pointed out that while I thought I had 15 days worth of upvoting data for rancho, it was actually more like 3.5. So in 3.5 days, he spent 11k of the reward pool for the most part on one individual. If that trend had continued, he would have taken over 1,147,142 from the reward pool over the course of a year. That is not considering compounding and growing of his SP and what he would have done with those funds. That also is not taking into account the market value of those proceeds which I would estimate to be over 5 million. That is also in addition to what he is already taking in which is a sizable chunk and probably over a million market value in and of itself.
The thing that frustrates me the most is that he (haejin) doesn't seem to debate this thing head on. If it were me, I would be on every one of these threads. If I wasn't associated with rancho, I would offer to give back all of the money from rancho's upvotes. I would decline payment. He himself says he doesn't need the money and only wants the exposure. He could decline payout and still trend.
Thanks for the detailed explanation brother @moeknows
My suggestion is that you follow Haejin and Bernie Sanders and after a couple of weeks you will then know first hand how the ground lies.
I am not concerned with a bernie vs haejin contest. I am concerned that so many people refuse to even acknowledge the rancho situation and why it is a cause for concern. If you have a problem with the rewards Bernie receives for his posts, you can downvote him, and I will support your right to do so. Many people have already done that here on Steemit resulting in his current rep. Many of the same people take issue with a whale potentially rewarding haejin with $3000 dollars daily from the reward pool. Now, that doesn't seem to be happening anymore, and I'm glad about that. How do you feel about it.
I disagree with all flagging and all downvoting.... unless there is a very very good reason. These words im wrong will no doubt get downvoted. Do you agree with that? Do you think a service like Randowhale should be used to censor? I've watched Haejins posts since the early days. He has one amazing day - I know as it jumped out at me - and I counted his rewards. It was abour $1500 if I remember correctly. He was immediately savaged by B.S. it also seems B.S's data was wrong. The irony is that he earns more in some posts. Live and let live. Just bite positively for what you like. The good will float to the top.
Haejin was gifted with nearly 11K worth of upvotes in about 3.5 days over 33 posts from a single user. I believe a dispute over the amount of rewards to be a very good reason. I don't agree that your post should be downvoted for simply disagreeing with someone. Now, I would be fine with someone downvoting your comment with the belief that it isn't worth the .52 that you self-voted, but I don't think it should be made to disappear unless you use offensive language that a sufficient number of the community has requested be minimized.
Go to steemworld.org/@haejin and refresh the coming author rewards section. He is still scheduled to make $ 6,667.46 in the next 7 days. worth a market value of 27,353.15. While you're there, take a look at the downvotes he is receiving vs the upvotes he is getting.
To address your last statement, I pretty much do that and have not downvoted haejin, but if he is taking a big piece of the pie,he does so at the expense of everybody else. If his pie is voted on by many different users, I don't see much of an issue with that. If it is because of a single user, that deserves attention.
They didn't find a way to earn 6%. He had one good day when he earnt 0.6% but someone doctored the numbers. He worked hard for months helping people for free (yes free 30 min consulatations!) and finally had a great day when one whale awarded him for the good work.