Older content would only get eyeballs if someone took it upon themselves to share it. The current platform only provides a 12 hour window and again at 30 days. So that means outside sharing, new traffic and new users, since there is no way to upvote without creating an account.
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As I understand it there are two use general cases by which old content would be upvoted.
I imagine the passive influx of random users would be pretty minimal and that any substantial amount of voting would come from one of these two sources. Just trying to understand what you think authors are missing out on by using Steemit so that I can thoroughly think through the problem.