Yes, noobs are having a very hard understanding how the steem economy works. Ive always thought that the estimated value for everything, posts, wallet, upvotes should be in real time value based of exchanges.
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Using the average price gives us protection from the volatility. Using the live price (not averaged) means that if your post pays out at $4.00 per Steem today when yesterday it was at $5.50 and tomorrow it is at $6.00 you had really unlucky timing. People would complain big time about this even if sometimes their posts paid out at the higher price.
You forget that most posts payout with SBD as well as Steem. Ignoring that is the reason the payouts are way off in my opinion
I am not ignoring that. I think the high price of SBD is a major bonus and makes me and others very happy. I am afraid that if the higher price of SBD is factored into the displays people will adjust their upvotes down because they will realize how much it is worth and want to conserve their voting power. My point about protection from volatility stands in regards to both Steem a SBD.
Let's hope you are wrong.
Yeah, I hope so. You know there are people that a re a lot smarter than me working on this stuff, you and @netuoso included. I may come around to new ways of displaying payouts after all.