IMPORTANT NOTICE - Hardfork Effects Rewards by samstonehill

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· @samstonehill ·
$0.24
IMPORTANT NOTICE - Hardfork Effects Rewards
![hardfork effects.jpg](https://steemitimages.com/DQmai7JbWpmWRjmCDmbvWmJGzx4sdGAiaaCWdWZmMLQTCVS/hardfork%20effects.jpg)

Don't Panic!  You are all going to see a drop in your rewards for a few days while the new system finds its balance. 

This is what @steemitblog had to say about this particular change to the system: 

'One of those changes is to use a 30 day moving average to determine how much Steem should be distributed daily in order to make the rewards more stable and enable users to more reliably predict the amount of rewards they can earn on a day-to-day basis. One consequence of this is that as the protocol switches over to this system today (the beginning of the 30-day period) rewards will be unusually low for the next couple of days. However, don’t fret, this is temporary and rewards will steadily increase as the system reaches equilibrium. This is a one-time event as a consequence of switching to this more stable system. We appreciate your patience.'

The Steemit Team

___

I accept this willingly in the knowledge that we must embrace change if we are to grow.

What I find slightly harder to accept is the lost payout from my three posts yesterday which all dropped to zero payout at the moment of hardfork implementation.  I imagined this $20 would somehow be returned but 8 hours on this does not appear to be the case.  So, a total of around $20 worth of Steem has gone missing somewhere.
 
## But where?

Something tells me I am not the only one who is going to have this complaint today, so I wonder what is the total amount of lost Steem?  

And I wonder too where has it gone?

Perhaps someone might be able to shed some light on this for me?
 
The value of steem seems to be holding steady around the $0.17 mark now, so I wait with anticipation to see if these new changes effect the growth of our most beloved cryptocurrency...

![final design.jpg](https://steemitimages.com/DQmRt1L1WnuZ7GWFcBSqyNdXcbLjkD9geBUgg6Z2pZCK41D/final%20design.jpg)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 32 others
πŸ‘Ž  ,
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vote details (98)
@ebryans ·
I have suggested to @timcliff that as a decent PR exercise, an explanation of yesterday and the following 7 days and then beyond might be a good idea. I have lost over $35 in est pay-out and nobody seems to be able to explain beyond ... don't worry - it will be sorted. Communication!!
Thanks for writing this my friend! Very helpful. You couched it better than I might have done. Namaste.
πŸ‘  , , , ,
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@samstonehill ·
Hey Ed.  Yes it was a question that had to be asked.  I hope @gregm is right with their comment here.  Seems like the logical explanation to me :)
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@uwelang ·
Agree - some communications would be good - i hear a marketing announcement shall be made today - we will see - I lost over 100$ pending payout, maybe recovering a bit - but now it is time to build relations and engage.
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@aunt-deb ·
According to @abit, most of it is gone. We'll get a fraction in about a week. Then we have to wait a month while the reward pool builds up. Oh, and payouts will be much lower, but steady. Woo.hoo. 

Tough luck on the lost Steem. He doesn't care about fundraisers getting clobbered, so sad to say, you're not going to have much luck recovering the loss. 

If I sound frustrated and angry....  good guess.
πŸ‘  ,
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vote details (2)
@businesswri · (edited)
Comment Nesting Testing
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@aunt-deb ·
Closed my account with them years ago. My info isn't theirs to sell.
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@ebryans ·
I am sorry to have to inform you that I think you missed the point. The post was a fund-raiser for a very good friend in need. It was smashed. When i say "in need" - like now needy.
Losing that "now" money hurt in more ways than its value. Like treading on butterflies.
I understand your point of view, you possibly did not know the context.
Namaste.
πŸ‘  
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@old-guy-photos ·
I feel it too.
πŸ‘  
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@kenistyles ·
Relax and just keep swimming, just keep swimming lol!! :)
γ€€
<a href="https://www.facebook.com/groups/1281526168558106/"><img src="https://scontent.fbkk5-6.fna.fbcdn.net/v/t1.0-9/17553645_1689017807780764_8287784704896405281_n.jpg?oh=d45fbb4d4147fd835de94ff3ffd573c3&oe=59528DEF"></a>
πŸ‘  , ,
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@aunt-deb ·
I'm guessing they won't like what I tell them. And, I know your trying to be lighthearted... I appreciate that. 

I just have a hard time smiling when donations disappear out of a fundraiser post and those that did it, don't care.
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@ebryans ·
Hi there @aunt-deb, I am fully aware of what your post was for and about. I just wish I was in a position to do something. I am so sorry. Thank you, though, for taking the time and trouble to do something big for our friend! Namaste.
πŸ‘  
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vote details (1)
@aunt-deb ·
Thanks for that. I feel responsible for getting his hopes up, only to have it fall flat. The uncaring attitude of the ones that did it is salt in the wound - hence my howling. 

The [only remedy](https://steemit.com/steemit/@aunt-deb/hardfork-swiped-barrydutton-s-donations) is to get as many new folks to upvote the initial post as I can. That may squeeze a few more cents out of the pool. Plus the proceeds from the post directing people there will go to Barry, too. 

Thanks for the encouragement!
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@gregm ·
I don't think any steem was lost, that number is an estimation of the payout, then when it closes the steem is released and distributed.
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@samstonehill ·
That sounds perfect. Can I ask what you are basing that statement on?
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@ebryans ·
He is not right. The rewards on posts were reset based upon the 30-day rewards pool. So, your post will be paid out at the end of the 7 day period based upon total vote value according to the rewards pool which will be 7/30 days full but not all the rewards pool is being distributed so that the pool is not emptied. It is a balance between filling the pool and paying out rewards. Filling a 30 day pool AND distributing rewards is going to be a balancing act which will take at least 3 months - depending upon the tap mix they employ! The rewards on live posts as at HF17/18 seem to have been thrown into the 30-day fill up - a kind of taxation!
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@ebryans ·
This might put it into a better context: [@abit explanation](https://steemit.com/witness-category/@abit/abit-witness-upgraded-to-0-18-1#@abit/re-ebryans-re-abit-re-edje-re-son-of-satire-re-edje-re-abit-re-edje-re-abit-abit-witness-upgraded-to-0-18-1-20170331t033133466z)
To me, it's a tax. There are many instances of important posts getting smashed with no warning. Communication!!
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@denmarkguy ·
There does seem to be a lot of frustration in the community... but how many of us used to hang around on Facebook, twitter, tumblr, Medium and other places... and get absolutely NOTHING? 

Not saying the rewards aren't *nice,* just that it feels like a lot of people are talking like something they feel *entitled* to was taken away...
πŸ‘  , , ,
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@businesswri ·
I agree. People need to stop complaining. :) Steemit is a blessing. Complaining should receive negative reputation
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vote details (1)
@samstonehill ·
Totally agree.  Didn't mean to sound like I was complaining.  Steemit is the best thing to happen in my life and I am most grateful.  Was just wondering where all that steem went.  @gregm gives a pretty strong answer in the comments here.  And this seems like a logical explanation to me :)
πŸ‘  
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vote details (1)
@playfulfoodie ·
I completely agree with you on this. I understand people's frustration though (and feel it a bit myself). We just have to remember it's for the greater good!
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@uwelang ·
Exactly - we shall enjoy the community now and engage engage engage and still post!
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@ace108 ·
I kind of wonder if the moving average days should have been 7 or at least multiples of 7.
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@samstonehill ·
That would seem to make more sense hey?  But what do we know ;)
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@pyrowngs ·
Thanks for this info!
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@samstonehill ·
My pleasure :)
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