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RE: 1 STEEM DOLLAR for a 3.00 Up-Vote @worldclassplayer

in #upvote8 years ago

Interesting. It is a business service just like randowhale. Here are my concerns though. SBD value will probably go up and stay around $1.5-$2. and $3 upvote you give will decay over time of the post, will probably end up at $1.50-$1.75. Not sure if it would be win/win. I will think about it though. Good luck.

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You raise valid concerns @deserttree

If SBD is at 2.00 the price of steem will also be higher and the voting power will be greater. Earlier today SBD was at 1.07

I just looked now and it is at 1.22 on coin marketcap.

Will definitely be on the lookout for factors you bring up...and will definitely be listening to comments such as this. As we move forward we will have more data to work with, and perhaps some adjustments will be required in the future. Time will tell.

Thank you for your comment and opening up some considerations here. Communication is indeed the key in creating win/win scenarios.

Would definitely appreciate your feedback in the future.

Thank You and Best Regards @deserttree

KEEP STEEM'N

:)

thank you. I was reading your other posts, you bring up really cool topics, especially win/win one. I will be following you and the development on this service. Prices aside, my main problem when using randowhale was how post rewards decay over time, and rewards drops by 40-50% by the time it is payday, because of the redistribution mechanism.
I guess solution could be getting an upvote on 6th day so decay is the least amount. Not sure how it would work out with your 48 hour window.
I really appreciate what you are doing though. I think its great people like you coming up with true win/win possibilities.

Following you @deserttree

I really appreciate your words.

Here's a play that could possibly prevent on vote decline somewhat- send a post that is 3 or 4 days old...and see what kind of data that results.

So far i've been able to accommodate all upvotes within a 24 hour window. I will be doing upvoting in the evening hours of EASTERN STANDARD TIME starting round 10 or 11pm usually