I don't want to beat a dead horse. It's been discussed and I fully understand why the reputation cap exists. It's really not any different than placing a salary cap on sports organizations. But I wondered what people thought about a new algorithm.
You see, I just love watching those who've been here from the beginning. They've answered 10K+ questions and so daily, without doing anything, they reach their reputation cap -thus the reason it was instated in the first place. Further, they should receive fruits for those labors, they've worked their behinds off for years helping others. However, consider the effort they, and people like myself, are putting into the site daily still.
For example, today I've lost out on 100+ rep on answers I put effort into today.
What would be wrong with not capping the rep as long as it was answered today? So, consider this, I answer a question today and it gets 20 upvotes. But, I've also answered 10 other questions today and received up votes for them as well. Is there any reason I should receive the fruits of my labor -for at least today?
Now consider this, I answer a number of questions today and receive 20 upvotes, but then get upvoted on an answer prior to today, alright don't give me the rep. That answer may be years old so any labor I put in then would only be residual if I didn't labor today.
What does everybody think?