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RE: Minnow voting power from the record $30 000 "makeup post" perspective.

in #voting8 years ago

Great post.

However, I disagree on one point. Writing valuable posts is far more profitable when time is considered than writing comments. A valuable post in a popular tag can credibly make $100-$1,000, from what I've seen with at least a 20% probability.

If so, this means by writing 5 valuable posts a day spread out across the day in peak periods, you will on average make $100-$1000 a day.

Crafting a comment with a high $ value is far more difficult. Certain posts require levity, in which case memes are highly rewarded. Others require more serious reflection.

This means the average payout for comments is not only subject to greater variability but on average would probably be far lower than that for valuable posts. Which means to make a reasonable amount of money per day by commenting , you have to write a lot of comments.

In fact, an optimal way to make money through comments is through automated shitposting, in other words by scaling production of comments as with a large enough sample you are likely to 'strike gold' ,as it were - to produce a well rewarded comment.

This can be observed by checking the wallets of memes-shitposters, and comment bots.

However, if you don't think you write valuable content, commenting is certainly an optimal approach. With enough iterations of rubbish comments, a few will be well rewarded. And those that aren't will collect dust which accumulates (i.e. a cent here a dollar there).

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Well written.... this adds aspects to the discussion I didn't have space to expand on.

Content contribution is definitely more rewarding once you get it right, but some battle to get it right initially by nor reaching or finding their intended audience.

Content is highly rewarded because after all you are creating great value in the form of original content.

However when you are starting out it feels like votes are worthless and that is the other half of creating value on steemit. I made the mistake of ignoring voting initially because I felt my $0.00 vote added nothing to the ecosystem.

I have since found out otherwise.

Upvoting your own comment and post can earn you more STEEM Power than herd voting or blind voting to the point that your vote becomes more meaningful. Thereafter you will be more able to reward others good content with it and become a true curator.