You are viewing a single comment's thread from:

RE: How do you feel about Steem drying up as everyone powers up?

in #steemit7 years ago (edited)

I see what you mean in a respect. Is the steem supply actually hard capped though? Forgive my ignorance. If so these things can always be forked. In fact a great many things can be forked.

The way I see it is that it is all dependant on the price. Low steem price more given out. Higher steem price the less is given out. This can fluctuate all the time and I don't have a problem with people having accrued it over a length of time. I think as time goes on that there will be more and more dolphins who can influence payouts which will make a big difference to it all.

The subject of the mighty whales is a whole different ballgame for me because a lot of them accrued their sp in different ways regardless of the steem supply.

Sorry for the shitey answer, I am on my phone :0)

Sort:  

I’m under the impression that Steem is a static number. More dolphins is nice, I just hope we don’t start having 10 individual users who pull in 1-10% of the reward pool each. Apparently there is already one user who earns about 6% of the reward pool daily.

Apparently so!! If that was the case it would fail and they would change it. I am sure that further changes will be coming to address sole users taking so much from the reward pool