"I was one of the early adopters of YouTube and I've noticed that my earnings continue to go down"
Ooh. You haven't noticed it here on Steemit. I've been looking at my posts for a while now and their dollar values have been slowly trickling away. ;(
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When I first came here the top post had $140,000 (and it was a lot higher than that before I'm sure). I believe it's under a grand now due to the dilution with more users/post/upvotes.
Edit : It's at $2,500 now https://steemit.com/politics/@donaldtrump/lets-talk-politics
WTF. For a newbie like me, that would have been heartwrenching. hahahaha :) But it's all more than that at the end. This community is amazing. I'm having fun
holy SMOKES.
thank goodness. $140,000 on one post is just ridiculous. $1250 to an author of a single post - that's still a pretty damn good payout. thank goodness the system does work to balance out those kind of disparities...
oops, i accidentally downvoted your post. if i reset my curation, what happens?
Nothing. There's no monetary value on that comment.
Well there's $2 mio during this bootstrapping phase, so I'm guessing the first post ever could have made $2 mio. As more post were made and upvoted that # decreased. So at the beginning every post had very large balances and it's being diluted down until 7/4. That (and the market cap changing) is why you see your post rewards dropping (unless more upvotes come or STEEM price increases) each day
The first post didn't quite have access to the full $2 million because the rewards are continuing to be added to the fund all along. It did have access to the entire reward fund from the time the blockchain started until the time the first post was made, which was probably about $140K at the time.
$140,000??? Wow! You must have been wetting yourself :-)
Most of us here(1) had a "WTF" reaction to those big numbers at first and posted a rant about them elsewhere not understanding what exactly was going on. I think it went like this, "$140,000 for a fucking post about politics in an anarchist community?!!!". =)
(1) I keep forgetting most new people are not aware that this account is controlled by 4 people. "Tuck Fheman" is a fictional character who runs a blog. This is our disclaimer so people do not think Tuck Fheman suffers from MPD ... like I read Ned did on slack. =)