RE: Bounty: How do you feel about HF21
What do you like, what do you dislike
I like: 50%/50% author and curation rewards.
I don't like: The Steemit Team "expect posts that would make more than 20 STEEM under the old rules to earn more after the changes. Those posts that would have made less than 20 STEEM under the old rules will receive less after the changes". The few rich gets richer, while the poor majority gets poorer.
I also don't like that our upvote values halved (mine is dropped from $0.008 to $0.004).
What is steem doing well and what is missing
The 50%/50% author and curation rewards are good, most of the other things in HF 21 are probably bad for the Steem blockchain. If the GF21 will reduce the number of content creators, and increase the number of curators, then that part will be good, but we will see. New and Small accounts have trouble interacting on the Steem blockchain, because they often run out of Resource Credits (RC). Anyone could write a whole book on what is missing.
How do you want steem to change in the future to be engaged
For example every new user should get a proper delegation (at least 100 Steem Power) at least for a few weeks (or 1 month) to avoid problems with (running out of) the Resource Credits (RC) in the beginning. Active users should be able to build up their accounts in 1 month. Maybe the whole platform would be more attractive for new users in that case.
What will make you leave
The Steem Blockchain? I don't even want to know, but it has to be very serious.
"reduce the number of content creators, and increase the number of curators"
That is exactly what it should theoretically do. Because if you are a small account and don't want to invest into the platform, your votes are now worth basically zero. So why bother posting? If it is worth nothing anyway you can still post on Facebook...
In my opinion, this HF was a clever trick to pump up the price, because investors will profit, small guys will lose. Then after the price is stable above 2$ again, start the onboarding of the masses...
How exactly will this boost price?
Let's say under the current situation before HF21 you earned 200 Steem per week from curation (as a whale). After HF 21 you earn 430 Steem per week. If the price of STEEM doubles, you earn 860 Steem per week. And if it doubles again (64cent) you earn 1720 Steem per week...
You think to yourself f.ck yeah and tell all your rich friends to invest now because Steem is still cheap.
So essentially, now the profitable thing to do is use vote-bot and just auto vote popular authors vs before i would have sold my votes?
Does vote selling still make sense?
I am not 100% sure yet, but I think vote selling your votes on minnowbooster for SBD is 20-40% less profitable (on average) than auto voting popular authors.
I think now it's popular votes > vote selling > self voting > vote exchanging
The more SP you have, the more curation you get. If a post reaches 40+$ the rewards start to get ridiculous due to the new curve.
20$ is equal to the old curve.
If steem ever reaches 5+$ again, we will see the 1000$ posts again...
Some do not like Facebook and like to write. We all start at 0 and need time to grow. I think mainly the large fish (automatically) curate. You earn nothing (as I understood) if you curate in the first <5 minutes.
I see many do that.
Big chance less will write although you won't know all about this if you join.
I find it strange that post less as 20 Steem earn less. If that is the case the reward is not 50/50.
If a vote of 20 steem is bought it makes the post is good content and it earns more?