Message from @Grenade123
Discord ID: 447193055443812352
the payout peroid takes 7 days
so a new "coin", i guess steem? is created every 7 days
all the upvotes and downvotes are calculated , and the steempower and steem back dollars are paid out.
yea exactly. new steempower is created
steem power = one steem that has been delgated into vesting shares into the account
one steem power = one steem
@Grenade123 check this out
it'll explain the earnings
okay, so, we have 100 coins, which are currently distributed among users. lets say all those coins added up are worth 1000 bucks usd. now its payday, so now there is 101 coins. that new coin has been given out/split up, based on all the up-votes and downvotes of everything, right? so lets say now i have that coin, or at least a part of it. technically there is still only 1000 bucks worth of value in the system, but i now have a small piece of that. more or less?
if we say value cannot be added into the system at this moment
@Giovanna Liviana "If you're not actively anti fascist, then you are a fascist" - Antifa
@Grenade123 value comes from trading and investing
if steem was worth 0 it wouldnt work
it has to be worth USD For the system to work. making it almost unstoppable now
because witnessing never went unprofitable
i know i know, but do you get my point? if this is not how it works, then i am getting "free" money from up-votes which is not a thing
it's not free
you have to earn it
just like YouTUbe
no one
then that is free money
youtube doesn't give out free money
it's not free money.
companies pay for ads, and you get a piece of that
Go ahead and just post stuff without trying
you get 0.00
nothing in the network is gaurenteed
you can post stuff with try and still get 0, depending on upvotes
yea e xactly
but this is not the point
@Dunk Massive
They're fanatics.
i make something, people up-vote it. all fine and good.
you can post great content and it can get zilch. its about those with balls enough to put million or two million usd on a hot computer to upvote content
these are not "normies"
if they say fuck you, downvote, your channel will go to negative rep
my labor was making that thing. but someone still needs to "pay" me for that labor, or i just did this for free.
You get it by being upvoted upon the chain
no ads no scams
no cia