I think it is fair to suggest that large delegations to bid bots and other apps on Steem blockchain have certainly reduced influence over the reward pool for everyone. Falling prices have further amplified this effect.
I have been powering up my earnings for the most part in the past year, especially during the bull runs when Steem was cheaper to buy with SBDs. Having said that, you need a lot of SP to make a meaningful impact on anybody's content including your own.
Truth is that we all want the site to grow and more users to come in but with that we also need to brace for an impact on the reward pool as well. It's likely to continue to dilute as our numbers increase here, especially if price stagnates.
We should all remember that the Steem reward pool is rather limited but the user base exercising it's right over it isn't necessarily limited.
Unless the prices go up significantly we're likely to see the rewards shrinking on our content without use of bid bots in the days ahead and powering up isn't going to help unless you are capable of buying Steem in the hundreds of thousands to support your work and your projects on a daily basis.
If you are depending on an income from your content here or are using this platform to fund your projects around Steem blockchain or anything else for that matter, how are you looking at sustaining your efforts if this trend continues? !
I've been listening to some showing their concern on these matters for a while and felt maybe it's worth a discussion.
How do you feel about this in general? How does it affect you?
Well let's hear it!
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