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RE: Today's Livestream Rescheduled
MY QUESTION IS WHEN DID IT GO FROM 2.5% REDUCTION FOR A PAIR OF 100% UPVOTES TO 3.5% REDUCTION!
If YOU are running down voting power ON A SCHEDULE so the next time YOU run YOU can have full power votes, they just made REDUCED payouts for DAILY USER's RETURNS by 30% each time they vote. Yet Bots which go every 2.5 hours only lose 1% payouts, because they recharge. And don't have the effect of more subtracted power on the voting power.
NO WONDER THE LEASE MARKET SHIFTED DOWNWARDS AND THE BID BOTS ARE ALL TAKING LONGER TO RECHARGE.
Please note I am assuming that the recharge over time is still the same as the lose of power, 18 votes in 24 hours.... if that has gone to less... then we are losing alot more, A REAL LOT MORE....
That is completely CONTRIBUTING TO THE TUMBLING price of Steem compared to the MARKET...... IT'S A DIRTY LITTLE SECRET THE COMMUNITY DID NOT KNOW!!!!
THIS SHOULD HAVE BEEN SAID IN BIG BOLD LETTERS BY @NED.
A CEO who does not publish/divulge payout changes prior to implementation to its customers/users in USA and NY is a crime without an immediate exit strategy.
By setting up a voting system and requiring Powerdowns to 13 weeks, they definately are in violation of this!
And Steem is a New York State Corp. this is serious.....
Whoever came up with this solution, better reverse it! They essentially went into all our wallets and stole money. You lock up Steem based on returns of the system at the time!
No official, easily and accessible visible constantly updated publishing of the return formulas. In itself is a violation of the fair trade practice, law of mercantibility, NY falls under Bait and Switch Laws, and in NJ could easily fall under Lemon Laws for large purchases.