So what's the bottom line in everyday language, will payouts go back up to at least where they were or goes down further?
Will new people be able to come on and make money right away or have to build up following of 1000+ people first by posting for month with little to no rewards?
Let's not forget many people came here because of the huge payouts when those were possible. Without the ability to actually make money right away, this is not going be viral and attract massive numbers of users quickly...
Because let's not forget, since we on only get paid on a post once (a horrible model) all of the posts that a new person post while building up a following will make little to no money and can they don't produce income after a week so it can't be justified as building up a library of posts that will in the future bring in income like you can with youtube video or other sites that offer ongoing payouts. Therefore it's not motivating to the new user.
Also when the payouts are this low as they are now it's hard to even see it as or investing in steem power even as the payouts are so low it hardly makes any difference at all for many new people.
For Steemit to survive and thrive it needs Quality Content Creators and Constant Growth and new blood.
In all of this you need to understand that in the back of everyone's mind in all situations is "What's in it for me?" does not matter if it's business, dating, relationships, even doing charity. The question is always being asked consciously or subconsciously.
I'd say in this fork you need to also add continuous payouts and a direct tipping button (don't know if it would be used much, but it's certain a selling feature and a way for people to make money that don't have a big following or follower with a lot of SP.)
These entries never really give a straight answer to the question that's on everyone's mind, but they're too afraid to ask because it's taboo here: "Will I make more or less money?"
Some examples and bottom lines would be nice.
The payouts being temporarily (though for an extended period) depressed is due to a mistake in the last fork. This proposed change will indirectly help it recover faster. In reality since the STEEM price is up the rewards should be larger than before, except for that bug (and will be when they eventually recover, assuming STEEM price has not dropped).