I would like to offer another interesting observation.
This afternoon my 90% upvote was worth approximately 0.001 USD.
Tonight my 100% is worth approximately 0.000 USD.
Just a few weeks ago, when my SP moved beyond 40, it was the first time my upvote was worth anything.
Right now my SP is 46.9, almost 7 SP more than it used to be, but now my upvote is worth 0.000
How can this be?
My theory is that some big accounts are dumping Steem on exchanges, hence the reason why Steem is cheap. However lots of small accounts are buying the cheap Steem and powering up. So Steem that previously was not doing anything is now influencing the reward pool.
So anyone who is not buying and powering up will see their upvote value drop.
This means it will be harder for new users to get to the point where they start earning Steem for their curation.
However in one of the tribes on Steem-engine, this is much more achievable.
I think we might see the day that people don't even try to get enough Steem for impact on the Steem reward pool. Instead they simply convert all they get into palcoin, neoxag, zzan, sports, steemleo etc. Simply because that is a faster and more profitable investment.
Posted using Partiko iOS