The one thing to keep in mind is that this affects everyone voting, so realistically your average curation rewards shouldn't change week over week. You may vote on less topics, but so will everyone else, thus increasing your total reward from each individual post.
This is also something that could be increased at a later date if the community considers 5 to be too low (just like we went from 24h payouts to 12h, and then back to 24h).
Everybody is talking only about posts, what about voting for comments? People will now start saving on their votes and not upvoting comments as they will want to be able to vote for good posts...
I completely agree with you there :)
Yes it's like prospect theory. If you feel like you had 40 votes and now have 5 it's a loss but really it's 5 super votes or 40 votes like you had before. With the bar you can vote as often as before at 1 percent and then actually drop a 100percemt super vote.
Good points. I think we just have to give it a go and find out ;)
But it's not just about curation rewards, it seems to me it will penalize those who count on Whale votes for payouts as well. unless I am not understanding this at all.
Won't this just encourage a sort of patronage system, where those with the power will continue to vote only for those that they already vote for, without exploring further?
Whales don't vote with 100% of their power typically, which will let them vote on more things. 50 votes @ 10% power is the same reduction in power as 5 votes @ 100% power.
I don't think we're going to see a drastic number in the amount of votes being cast, but we will likely see a large drop in votes that are worth 100% of the voters weight.
Jesta I didn't even realize that we went back to 24hr payouts - you really get the feeling that techies are making all the decisions, sometimes easy/softer touches are more practical for average non-techie people