how the fuck do i center and enlarge the images in my posts?
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fuck' or continue using it?
fucking continue using it for fucks sake.
How will the money work in such a huge distribution system?
Don't quote me on this. Let someone like Dan explain it, but for now ...
You will make far less per post. After 7/4 there will be approximately $20,500 per day rewarded depending upon market cap (as reported by Dan it would be $2,500/day and further explained by arhag that's what it would be valued at after 1 year, so it's $20,500/day -- I have no clue what that means lol). With more people garnering upvotes, payouts will be nowhere near what you see happening now per post. We have guessed in the past that a top poster may be able to squeeze $100 a day out and most a buck or two. But again, I don't have a clue, that's just what I've gathered talking to and reading others. I don't claim to understand how the system will work after 7/4.
It would behoove you and everyone else to keep the Steem Power you make now vested. This way you can upvote your own post and snag a little extra that way and it will give you more voting power down the road as it accumulates more. Some will also tell you that keeping your Steem Dollars is a good idea at 10% APR, but that APR rate is not guaranteed and you may not always get the same rate on cashout. From what I've read, if the site goes belly up, SD is what you would want to be in (if you chose to be in something). NEVER stay in STEEM long term. Either power up, convert to SD or sell for profit quickly.
Again, I'm just trying to give a quick answer and although most of this is probably fairly accurate you'll likely get a better answer from someone more knowledgeable on the matter.
Thanks so much for this @tuck-fheman . It makes everything clearer. A noob-newbie question ;) : how can i vest my steem power?
Steem Power = Vested STEEM. You want to Power up (vest) your STEEM to Steem Power. What I was trying to say was don't divest your Steem Power, unless you just have to. But it will take 2 years to divest, giving you a weekly payout. It will increase in value as long as you have Steem Power and that is exactly what it is, "power". You can earn more by having more.
Thank for the explanation. I get it now
that helps. I guess I don't see how it will work long-term. If bloggers end up just making pennies, then i can't really see much of an advantage.....maybe some more knowledge....
Also, will it be ad-free? Are they going to think of adding advertising money at some point?
Thanks for the fuck comment. I was told that i offended someone, it's not the first, nor will it be the last, but i am so prim and proper in my online identities, that i'm just sort of fucking sick of the facade. I love to cuss, it's one of the few addictions i have left after having given up drugs, alchohol, fantasy addiction and Facebook.
As far as ads go I don't know. It's been discussed on slack but I've never seen Dan or Ned actually talk about it, just others guessing what could happen. Perhaps those two have discussed it and I missed it. One thing I can tell you is that Dan will adapt to whatever he thinks will work best, sometimes that doesn't work out so well as it changes the rules many have played by. This past is now why you see the reward changes causing lots of discussion. No one wants to see Steem go through what BitShares went through. So we shall see what he comes up with. I personally like that he adapts new strategies, but I also don't like to have to relearn new rules repeatedly. He seems to be very aware of how others feel now and more willing to listen to their input, not that he didn't before, but now it's different than BitShares. We all have a bigger stake in this, not just monetarily, but as the soul of the system so to speak.
Keep in mind that the #'s we're talking about now are "if" the market cap stays the same. "If" the market cap grows to $100 mio, $500 mio, $1 B, then the daily payouts will be much larger. So that's what we all need to do is make that happen by bringing in more people, improving the platform with great ideas and creating a demand for STEEM.
Since so many people are hodling STEEM in Power Up (vested STEEM) there is not much on the market to buy, which means as people buy the price will continue to go higher, which increases the payouts here for post. :)