Gawd, that just makes things worse - no whales and the minnow vote is worthless.
It seems crazy to change the reward pool when the old system was working fine. No-one votes on anything after 24 hours anyway, because content just gets buried.
I wonder if we'll see a sell-off of Steem this week.
Many would disagree. Maintaining the 30 day second payout window, from what I understand, added a lot of unnecessary complexity to the blockchain code. These changes are important more for the future. These are early, early days. Expect things to change often or be disappointed.
I was thinking the opposite. As far as I understand, there will be no payouts for the next 7 days. That means the only steem sold on the markets will be the steem that already exists.