While I don't disagree with downvoting as a whole, I personally think that downvoting 'because it has to much reward' should actually just stop. I think part of the problem is sometimes people tend to compare the pending payout and perceived effort in making a post to real world jobs and income.
Nothing should be 'overvalued' on hive as a post unless it's like... really blatantly low effort i.e single picture memes etc getting $100s of dollar rewards.
The only other thing to do is call out those who do just downvote because 'it pays to much imo' If they are witnesses then vote against them, if they have proposals unvote them of you voted them, don't give them support and like others have said find witnesses you can support. even if it feels like your stake isn't enough to make a difference it actually does and there are bound to be many more who feel the same way as you.
I personally haven't downvoted to 'adjust reward' because I think it's stupid to do so. I mean.. it might even be stupid to do so on single picture memes cause I mean.. some of them can be really funny and totally change the mood of someones day and they may thing hey thats worth $10000 right there!
In the end, people's understanding of something value is subjective and highly opinionated and I don't think we'll be able to change much about that.
EDIT: I'd also like to add that better token distribution would also greatly reduce the likelhood of this happening. Right now we have very high staked accounts. If hive some proper mainstream like facebook with million if not billions of users the token distribution would be SO thin that a downvote/upvote from any single account would at most be work a few cents. Assuming the price of hive doesn't got completely nuts.
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I truly agree with this and it’s why I made the post, in essence to find the people who think like me and build a way we can make a difference collectively. Those who agree with this Will just scroll on obliviously but like you said I’m sure I am not alone and already found so many people with the same feelings.
It’s very favouritism based is the issue. It’s not that it’s everyone’s earning potential is capped it’s that a small group of people in a position of power to navigate this platform are selectively choosing who’s getting too much on a post. It sets to me a horrible precedent. You see people making 100 dollars for a meme cause they are in favour etc.
And personally this is where the masses should absolutely be fighting back with downvotes.. If you can't beat them join them and downvote these kind of posts into oblivion, even go as far as mentioning it to friends and say hey this post is garbage fancy helping me downvote it. etc.
One other factor is that a lot of people don't use their downvotes and so these 'favoured' posts tend to go unchecked and the whales ain't gonna downvote cause you know favouritism.
If all the little people actually used their downvotes you'd soon completely destroy a whales favouritism upvote etc. The masses against the single tyrant, the masses always wins.
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This is exactly why I made that post. Isolated old me is hardly going To make a scratch with my at best 7 c vote but I felt maybe others agreed with me, it seems they do and maybe together we have more of a voice.
I mean I prefer not to fight fire with fire personally I never downvoted anyone.
Who's earning $100 for a meme?
All votes affect the reward distribution. As I said, one of the problems is rogue big accounts such as haejin distorting it. If he was not around then people would not have got the big rewards in the first place. Smooth is just reducing his impact.
!ENGAGE 25
ENGAGEtokens.