create account

RE: Update on Simplicity: Cutting Complexity with Steem 0.17.0 by snowflake

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @sigmajin/re-pitterpatter-re-sigmajin-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170313t205955754z

· @snowflake · (edited)
>Its relatively easy to shit on people like abit and smooth when they try to do something good and it has some negative consequences..

What negative consequences are you refering to?
Price is up 25% as a result and minnow/dolphins have more influence.
properties (22)
authorsnowflake
permlinkre-sigmajin-re-pitterpatter-re-sigmajin-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170313t220841180z
categorysimplicity
json_metadata{"tags":["simplicity"],"app":"steemit/0.1"}
created2017-03-13 22:08:39
last_update2017-03-13 22:09:30
depth4
children4
last_payout2017-04-14 01:01:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length252
author_reputation33,312,252,512,655
root_title"Update on Simplicity: Cutting Complexity with Steem 0.17.0"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id2,713,794
net_rshares0
@dragosroua ·
$0.06
> Price is up 25% as a result and minnow/dolphins have more influence.

That's childish. There's no causality between the bullish trend and the experiment, on the contrary. If you look at the timing you'll see the bull trend started way earlier and when the flagging came to the peak, it stopped both in velocity and volume and now it's static. I see a bearish trend forming, based on what happened. 

The "experiment", which I supported in the beginning (wish I had waited more) was just a pathetic attempt at taking over the reward pool. There's no methodology, no metrics, no public announcement about how the experiment will be measured, no consensus among the whales, just 2 lines written by @abit, and those 2 lines of text are taking down an entire community of more than 10,000 people. The sloppiness emerging from those 5 edits in @abit's post (in which he downvotes pretty much everybody on Steemit) is unbelievable. Please be aware that this is not an _ad hominem_ approach towards abit, I'm neutral on the person, but the actions of the person, in this case, were deeply toxic. 

I think it's time for all to take responsibility for what we are doing and yes, I'm talking about this so called experiment, which was, at its best, a childish and egotistic manifestation of irresponsible people, and, at its worst (which I start to believe it's closer to the truth) a collusive attempt to game the system even more, for the benefit of the few.
👍  ,
properties (23)
authordragosroua
permlinkre-snowflake-re-sigmajin-re-pitterpatter-re-sigmajin-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170314t073143152z
categorysimplicity
json_metadata{"tags":["simplicity"],"users":["abit"],"app":"steemit/0.1"}
created2017-03-14 07:31:42
last_update2017-03-14 07:31:42
depth5
children1
last_payout2017-04-14 01:01:42
cashout_time1969-12-31 23:59:59
total_payout_value0.045 HBD
curator_payout_value0.014 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,452
author_reputation372,798,229,806,288
root_title"Update on Simplicity: Cutting Complexity with Steem 0.17.0"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id2,717,062
net_rshares451,142,277,120
author_curate_reward""
vote details (2)
@baah ·
Smooth has adjusted his votes accordingly and saying there's no methodology is not correct, not only is there the methodology of downvoting where bots/whales have upvoted therefore the rule is evident but its neither sloppy in that regard nor outside consensus, because it's also evident that it wasn't a singular effort and for consensus to happen for such an experiment is unfathomable in the real world, so the consensus happened between those that took part. 
How did they game the system if they used the voting power to effectively negate any gain? The experiment allowed me with meager 300SP to influence posts not worth even $2 by one cent and post worth $17 by 10 cents, therefore it's a success in that regard.
properties (22)
authorbaah
permlinkre-dragosroua-re-snowflake-re-sigmajin-re-pitterpatter-re-sigmajin-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170315t204943286z
categorysimplicity
json_metadata{"tags":["simplicity"],"app":"steemit/0.1"}
created2017-03-15 20:49:48
last_update2017-03-15 20:49:48
depth6
children0
last_payout2017-04-14 01:01:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length720
author_reputation-15,002,280,126,271
root_title"Update on Simplicity: Cutting Complexity with Steem 0.17.0"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id2,731,456
net_rshares0
@sigmajin ·
I think that there were a lot of people who didnt understand what was happening with the flags, and that caused some bad feelings that were probably  avoidable.  Also, using the term 'expirement' was questionable PR, imo.  It implies that the people getting downvoted are lab rats.

At the very least, i would have liked to have seem more people on board ad-initio so many downvotes would not have been neccessary.  But with automated voting, that may not have been feasible.

Also, if youre a guy that maybe gets lucky once a month and gets a whale vote, and today was the  once a month, it kind of sucks to be  you right now, which is pretty negative.  Im not saying its a good enough reason not to do it... just that omelettes require broken eggs.

>Price is up 25% as a result

I think youre assuming a causation there that really hasnt been established.  IIUC, it was a pretty bull day overall for alts
properties (22)
authorsigmajin
permlinkre-snowflake-re-sigmajin-re-pitterpatter-re-sigmajin-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170313t221750277z
categorysimplicity
json_metadata{"tags":["simplicity"],"app":"steemit/0.1"}
created2017-03-13 22:17:48
last_update2017-03-13 22:17:48
depth5
children1
last_payout2017-04-14 01:01:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length907
author_reputation35,847,511,233,614
root_title"Update on Simplicity: Cutting Complexity with Steem 0.17.0"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id2,713,868
net_rshares0
@snowflake ·
If all whales would have participated in this experiment smooth and co wouldn't have to downvote anything,  unfortunately there will always be a few whales that won't go along with the plan so Im not sure how else this experiment would have been possible..

>I think youre assuming a causation there that really hasnt been established. IIUC, it was a pretty bull day overall for alts

It's been bull day for weeks for alts and steem was always the only one in the red, why is it different today?   Also the price hasn't gone up for a very long time so why is it up today? I don't think its a coincidence.  These blockchains have value because they empower people, the more they do the more value they have.
👍  ,
properties (23)
authorsnowflake
permlinkre-sigmajin-re-snowflake-re-sigmajin-re-pitterpatter-re-sigmajin-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170313t223752698z
categorysimplicity
json_metadata{"tags":["simplicity"],"app":"steemit/0.1"}
created2017-03-13 22:37:54
last_update2017-03-13 22:37:54
depth6
children0
last_payout2017-04-14 01:01:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length706
author_reputation33,312,252,512,655
root_title"Update on Simplicity: Cutting Complexity with Steem 0.17.0"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id2,714,040
net_rshares18,184,570,958
author_curate_reward""
vote details (2)