Good info. The market fluctuations I expected, but I wasn't aware that your past votes could be affected by your current voting behavior.
Thanks for keeping us informed!
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Good info. The market fluctuations I expected, but I wasn't aware that your past votes could be affected by your current voting behavior.
Thanks for keeping us informed!
That's not quite what I was trying to say.
Let's say a whale votes on your post and suddenly your post is $50. Then, when the whale continues voting around on other posts, his vote power drops. As it drops, the payout on any active posts that he voted on will go down a bit - including yours - because of the whale's vote power decrease. So your $50 may find its way down to, say, $45 before it pays out. Maybe even lower.
And on a much much smaller scale, my upvote for this post will decrease if I go out and drain my VP on other posts. Right? That's what I was trying to get at in my response.
Edit: I should say "The value of my upvote on this post will decrease if I drain my VP today."
Yes, exactly. So if your vote happened to give me 50 cents before you go and vote on, say, 8 more posts or whatever, that 50 cents for me will fall since you're out spreading the love. :)
Got it! Thanks!
So basically steemit is a system that encourages a person to post, then upvote their own post, and not vote on anyone elses?
Well sure if you don't want any followers. Your followers are your biggest asset. They are the eyes who see your posts. If everyone votes for themselves and no one else, I don't imagine it would really work.