Viewing a response to: @grumpycat/re-michaeldavid-re-erodedthoughts-defend-yourself-against-grumpycat-20180223t204609120z
I personally wish that there were no upvote bots. The way I look at it is, it double or triple gouges the reward pool. I personally don't use them, because a for mentioned reason. I understand why people do use them, and I have no ill will against them. I just wish that they didn't exist. I'm to new to know all the ins and outs of all of this so I try not to take sides. Please try to be careful when down voting people. :) Also please don't hate me for commenting this. I do believe that you are doing what you feel is best. Have a lovely day.
author | imjustsaying |
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permlink | re-grumpycat-re-michaeldavid-re-erodedthoughts-defend-yourself-against-grumpycat-20180224t082131868z |
category | delegation |
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> I personally wish that there were no upvote bots. The way I look at it is, it double or triple gouges the reward pool. I personally don't use them, because a for mentioned reason. I understand why people do use them, and I have no ill will against them. I just wish that they didn't exist. Another way to look at it is that whales are going to claim the most from the reward pool no matter what. Voting bots are a way that they allow minnows access to what they normally wouldn't. 2 years ago, the reward pool was available to everyone one. There weren't whales yet, so it was more open. Now that there are whales, they claim the most. Also, there's inflation on top of that. Minnows don't have a chance at the reward pool. Bots allow the the chance people had 2 years ago. Here's another way to look at it Whale A and whale B could just self-vote and take money from the pool that way. Instead, they delegate SP to a voting bot and minnows are allowed access to it. Further, the voting bot is backed by a community of curators that blacklist bad content and promote good content the way whales A and B wouldn't have before. Which do you think is better now? Bots or no bots? Without bots it's just self-voting whales like @grumpycat abusing the pool. With bots, we have some people allowing minnows access to the pool and curation communities. You could say, why not the whales build curation communities? Do you see @grumpycat building any communities? LOL
author | r351574nc3 |
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permlink | re-imjustsaying-re-grumpycat-re-michaeldavid-re-erodedthoughts-defend-yourself-against-grumpycat-20180227t160908256z |
category | delegation |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
salty-mcgriddles | 0 | 1,882,652,302 | 100% | ||
the-resistance | 0 | 2,071,961,027 | 100% |
I just did a post on this subject [Here](https://steemit.com/steemit/@imjustsaying/the-dangers-of-pay-to-play-and-a-possible-solution-also-my-thoughts-on-steemit-behavior). If you are interested in my thoughts on the matter it would cover much more than I am able to write now. Sadly It took me two nights to complete it. Because I kept getting distracted with comments lol. :) I see your point but I just disagree, the cost to the reward pool is far to high, leaving little for everyone else. Have a read and let me know what you think on it, or don't. Either way have a lovely day. It's one in the morning here and I've just spent the last few hours completing it.
author | imjustsaying |
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permlink | re-r351574nc3-re-imjustsaying-re-grumpycat-re-michaeldavid-re-erodedthoughts-defend-yourself-against-grumpycat-20180228t120211270z |
category | delegation |
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Right. Inflation is a factor. However, rewards were more available 2 years ago. That's a fact. Inflation + whales may impact why rewards are so low right now; however, bots do return awards comparable to what people were getting 2 years ago. That's also a fact. Regardless of why rewards are low, bots aren't the problem. They bring rewards back to users. You can call it pay-to-play, but it's the same as what happens in any economy. Early-adopters become the big winners and they grow large. There are a lot of examples in history of this happening. They can hoard it making things worse (classism) or they can recirculate. Just consider what things would be like without bots for a second. Suppose all the bots were gone tomorrow. Do you think everyone suddenly has more of the reward pool? Nope. The whales still have it. Here's what changes. 1. A lot more spam. Why? The number of unsolicitated memos will sky-rocket asking for whales to please look at their posts and bless them with a vote. We have this now, but this is essentially what bidding is. It doesn't go away, just the bots. 1. Whales will suddenly start writing a ridiculous number of posts complaining about why the spam is so bad. 1. Whales will start retaliating (there's no blacklist now). All they can do is downvote. 1. Tons of minnow backlash against whales for downvote histeria 1. People start leaving the system because minnows can't get votes, still not making money, constantly downvoted by whales. 1. Other spam and trash posts go up because the number of curators has gone down. Not only do they go down, but minnows are now forced emphasize quantity over quality because the curators are gone. 1. Whales live in elysium above the trashy lives of minnows in a land where they self-vote. Some may curate minnows, but in general, they resent the spamming minnow population.
author | r351574nc3 |
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permlink | re-imjustsaying-re-r351574nc3-re-imjustsaying-re-grumpycat-re-michaeldavid-re-erodedthoughts-defend-yourself-against-grumpycat-20180228t161335442z |
category | delegation |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
vimukthi | 0 | 3,256,896,038 | 6% | ||
salty-mcgriddles | 0 | 1,894,026,700 | 100% |
To clarify: > **Inflation**: there are 2 kinds of inflation. 1. Inflation from the increase in the amount of shares available reducing their value. 2. Inflation in the number of users in the system consuming the reward pool. Both of the above factors affect the amount of rewards users get and has increased over 2 years creating our current economy. That and the whales. Again, bot's may not be the solution, but they're not the problem either. They're a symptom.
author | r351574nc3 |
---|---|
permlink | re-imjustsaying-re-r351574nc3-re-imjustsaying-re-grumpycat-re-michaeldavid-re-erodedthoughts-defend-yourself-against-grumpycat-20180228t162004452z |
category | delegation |
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salty-mcgriddles | 0 | 1,854,974,603 | 100% |