Well, the reward pool itself hasn't inflated, just that there's been massive vote power redistribution, we're able to give each other x10 higher because a few whales with millions of SP are now giving out x10 lesser than before. Just gotta control the excessive self-voting and we're fine.
What I'm seeing (from posts and conversations on steemit chat) is just the opposite here, they're powering up, and even selling some of their other cryptos to buy steem on the low.
Also, even most of the whales were self voting before this HF, didn't hurt the platform too much.. anyways, we'll see how it pans out, these sure are exciting times
Well, the reward pool itself hasn't inflated, just that there's been massive vote power redistribution, we're able to give each other x10 higher because a few whales with millions of SP are now giving out x10 lesser than before. Just gotta control the excessive self-voting and we're fine.
self voting might be the issue then. You can already see every one cashing out next week or so.
No, why cash out when you have the potential to keep earning by not cashing out?
because some people are more careful than other.
What I'm seeing (from posts and conversations on steemit chat) is just the opposite here, they're powering up, and even selling some of their other cryptos to buy steem on the low.
I would expect it to get lower later, when everyone is panic selling
Also, even most of the whales were self voting before this HF, didn't hurt the platform too much.. anyways, we'll see how it pans out, these sure are exciting times
a bit scary but well this is fun