Thanks @flauwy!
Check out these two posts by @theoretical:
https://steemit.com/theoretical/@theoretical/the-steem-reward-system-part-1-v-shares
https://steemit.com/theoretical/@theoretical/the-steem-reward-system-part-2-v-shares-from-r-shares
But to explain in very simple terms:
Imagine the rewards are a big pie. The more people want pieces of the pie, the smaller your own piece will be. And in contrast - if most people are on diet, your piece will be a lot bigger.
I understand the basic principle but I was confused by the numbers. Thanks for the links, I will check them out. :)
Those numbers were completely imaginary :)
@therealwolf I'm not getting the system at all. You say "Less active users = higher rewards". But with the less active users compared to for example last week, each individual would get more rewards when for example upvoting, right? But on the other hand, when taking a look at the upvote-calculator on steemnow (or also on the vote-selling on smartsteem), you kinda get less than before. 2 weeks ago, a 100% upvote with 10.000 SP would receive around 1$ upvote. Now the same amount of SP only gives 0.74$. 0.74$ worth of an upvote is less than a 1$ upvote with the same amount of SP holding. Am I stupid or am I'm mixing too many stuff and just don't get it right? Thanks for the help!
You're completely right.
However, less active users gives you a bigger share in the rewards pie and more STEEM.
Here's a great explanation to help.