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Calculating the effect of downvoting on MOON distributions

All Cryptocurrencies

by COINS NEWS 263 Views

/r/CryptoCurrency is currently ranked #10 for posts per day - yet ranked #1198 for post karma. Such a huge discrepancy is blamed on the reluctance of users to award karma and/or downvoting.

But does downvoting actually make a difference?

93.65% of users received less than 100 MOONs in the last distribution. But for simplicity, let's look at this from the perspective of a user who earned 100 MOONs:

Downvotes MOONs Gained
10 0.00016
100 0.00157
1000 0.01562
10000 0.15642
63405 1.00013

Data: 1,710,052 MOONs were distributed last month, based on 6,403,903 karma (MOONs/karma ratio of 0.267. I assume 1 upvote = 1 karma, however, in reality, karma is awarded with diminishing returns.

To realise a 1% gain i.e. +1 additional MOON, you would have had to remove 63,405 karma from the pool.

That's a colossal and utterly futile task that not only discourages people from participating in /r/CryptoCurrency but will, ultimately, devalue MOONs in the long-term as people lose interest and leave. In other words: congratulations, you played yourself.

The median user in the last round gained 2.67 MOONs (based on 10 karma). You will have gained virtually nothing by downvoting.

Nevertheless, downvoting is an important part of filtering low-quality content, misinformation etc. - just don't waste your time doing it for the sole purpose of MOONs.

TLDR: No, for a given user - the effect is absolutely tiny or zero.

submitted by /u/Zarkorix
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