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RE: Steemit's Biggest Investment Problem - The Cost/Benefit Analysis Reward Curve

in #money8 years ago (edited)

how about dramatically increased voting power $$ value for a short period of time after powering up, so if I power up $100 then my next 10 votes is worth $10 each for 48 hours.. or something like that

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Its an interesting thought. Changes to the payout formula are going to be quite difficult to make though. Most of the people that are already heavily invested (and have the most voting weight) would prefer stability over a change like this. I can also think of at least one way to game the system (large SP holders powering down, then powering back up).

steemit is in beta, anything can be changed, something like that would only exist to encourage new investors who buy steem power, not investors who power down. Google adwords sends me $100 vouchers every 3 months, but it only works for new accounts

Yes all it does is make it easier for the ones with the $$$ to game the system which is already the problem we have!