As Most of you know the witnesses have reached consensus on Hardfork 19
This update to the Steem Blockchain Protocol changes how rewards are distributed to the content creators using any Steem application like Steemit.com or Busy.org.
Witnesses were trying to move forward and change all content rewards to a linear reward curve. This had been suggested by many people in the community and the feedback now proved that this was the best choice to grow the Steem community into the future.
With the introduction of a linear reward curve everyone will have a say directly proportional to their stake.
You can read more info in this post by @steemitblog
There is no doubt that this hard-fork helped and will help a lot of users by making voting directly proportional to Steem Power.
One Post That explained the difference is @cryptowallet 's post
It basically shows the difference of reward before and after the hard fork .
So I accidentally left my browser open before I went to work and noticed something amazing, the price difference before and after the hard fork.
Another cool case study by @reggaemuffin is How HardFork 19 changed post rewards – A case study
Or As @ridi20 presented "Steemit users after the hard fork"
Lets Not get ahead of ourselves and try to reflect on what will be the unintended consequences. Will seeing all the rewards cause a flood of bad content from new users just trying to make a quick buck. Or we will witness increased sales of steem as people start cashing out rewards.
@cryptowallet tackedled this issue in his post SteemFlation
what happens if everyone is too cheap to buy anything and floods the market pushing the value of Steem down.
He has a valid point in my opinion. Its all about supply and demand right ??
Many users disagreed with him about this matter, but is this based on legit reasons or they are just hoping like I do that this wont affect the price of steemit.
There is no doubt that this hard fork will be bring more users, bring back returning users and make current users more committed. But will this affect the price of steem. If yes , will it affect it positively or negatively.
Just A reminder @money-reflection is a place were we all come together and reflect about anything related to money. So your thoughts and comments are neccesary to reach a better understanding about the situation.
Upvote Re-steem and Comment your thoughts down bellow.
To further understanding for a stronger eco-system
Wow I like it!
Thanks Bro :)
i really like this post :D
I think that the price of Steem will drop for the next week or so. Probably will stop and stabilize at one point. Then will start increasing gradually from there.
Just speculations for fun.
Lets see what will happen.
Lets See :)
It's strange that price of Steem actually dropped since yesterday. WTF?
I was just saying that last night. hopefully it wont drop that much and should stabalise soon
I know ! That was what i was talking about with a couple of users.
Thats why we posted this today .
Lets see what will happen
This post received a 3.3% upvote from @randowhale thanks to @money-reflection! For more information, click here!
Thanks