RE: "Dear Dawne" Live Today! - Images: Sourcing Properly & Beware Of Copyright Concerns
This is a comment I made to another post which was about proposed changes to the reward systems on the payout of rewards. @eanwarped has confirmed to me that my thoughts are correct. I repost the same comment here as there s a promise of newbie nickles, (which I have received some in the past).
I would like to point out one thing, that I think many are going to miss about this, I will use my own self as an example. While the threshold is as 0.02 SBD, this does not mean if your account has a vote and it displays as 0.02 you still will get no rewards, I have had votes at 0.04 and gained no reward, this was due to the price of SBD at the time, If steem is priced at SBD is at 2 Dollar per SBD and you vote with 100% of your vote power when you have 50 SP you will get a reward showing of 0.01 this is a value amount in FIAT US Dollar Not a value in SBD, to reach the SBD threshold level you would need four of those votes and the displayed amount woud need to be ).04 before you recieved a payment, This is my undertanding.
I think this is something we should all become aware of with the rise and fall of the value of Steemit currencies.
Hey @jan23com... I am all on this topic right now... In fact I am giving about Payable Pennies to bring awareness to the issue and to promote "community minded" witnesses such as @steemcommunity and @danielsaori. Here's some payable pennies (or at least I think they pay off at $0.03 upvote ;)
It is true with the fluctuation of sbd that what you think your rewards should be,may very well not be when it comes to the seven day payout time frame.
The topic has been discussed quite a bit on the platform but many people don't understand all the aspects of cryptocurrency let alone how the curator and author rewards are actually paid out.
I was more leaning toward the discussion about the minimum threshold for a payout being 0.02 SBD, a value displayed of 0.02 USD is not the same as a value of 0.02 SBD, If a post does not have a 0.02 SBD value there is no reward.
The confusion on the site over so many things is a big deterrent.