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RE: Graphic Design Contest 1 of 3 - TIME - total bounty budget of $6,000 in steem upvotes - enter until June 30

in #steemjet6 years ago

Well, I think you're right!
Because looking at the situation of things now, only steempower worth millions (say 1Million+ steempower) can clear the debts at a faster pace. They are some people who hasn't even gotten up to 10$ of their bounties but the keep soaring with comment and sometimes still don't get enough like they expected.

The problem of the post loading is encountered by all of us including @dimimp who once complained about it in his previous post.

We need solutions to this problems and coins transfer has got to be a better option than the 1Million+ steempower cause even if that much steempower is attained it will still take a longer period of time to complete the process of upvoting.

The advantages of the upvotes is that 20% of the payout goes in as steem power, 40% in SBD for the author 25% to the curators and now the other 15% converts to steem. (this is just a rough approximation done to estimate the payout by me)

Looking at those ratios you'll notice that the author gets 75percent of the payout no-matter what it is converted into.

So if dimimp would think of adopting this your initial idea (@peterakpan) he'll have to send coins worth 75 percent of the won bounties to the winners of the bounties since he promised payment in upvotes.

An example is assuming @shartzy won $1000 in upvotes he'll receive (1000*0.75= 750) coins either in steem or SBD but I think SBD will be much better. So if @shartzy won $1000 he'll receive 750sbd without any upvotes.

I hope my example is understood and doesn't confuse anyone. (if it does please ask questions I'll do well to elaborate)

That's one good Idea I think I can give to @dimimp currently in Order to get the steemjet community established in a better way and a faster pace because we'll now have time to move up to other important matters. This method will even encourage more people to give out ideas much brighter and smarter in order to get the steemjet community launched into space. I bet that the method of coin transfer will give steemjet a lift in a way @dimimp would have never imagined.

But we don't run things here anyway. @dimimp will always have his final say to the activities in the steemjet community.

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We are glad you aired your opinion. This community appreciates honest opinions and everyone is allowed to make their points known.

Good idea.. But coin transfers will make our reputation dormant and the curator will not have any power over them... As he upvotes we gets author and he curates and reputation increases.

Remember "your reputation is affected by the amount of upvotes you get and not the sbd you have"

I THINK 🤔 IN MY OPINION VOTING ON OUR BLOGS WHILE WE USE STEEMJET TAGS WILL BE A BETTER IDEA IF COMMENTS ARE INEFFECTIVE... Please this is my own opinion as the Boss @dimimp has the final say..

LONG LIFE STEEMJET

I think this wold be effective