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RE: Downvoted? The Bidbot Cycle is Broken

in #newsteem5 years ago

Actually now that there aren't so many people buying votes, abuse fighters amd cleaners are going after vote traders or circle jerkers as some call it.
However unlike vote buyers vote traders are definitely not doing it for promotion, but they do have a lot of stake and are removing a lot of steem from the reward pool.
There are some people arguing for vests to be returned faster (for a price) to appease big investors.

Paying 100 sbd for a 100sbd vot still removes 100sbd from the reward pool for curation even if you aren't getting half. The bot owner will get like 20% returned in curation atleastband 100sbd from thr purchase, meaning they are earning around 120% for their vote which is excellent.
The entire community still looses honesty and the reward pool, the buyer loses 50% but gets promoted, the seller still profits.
Honestly, it's better than what is happening now or pre hf21, but I doubt most people will agree it is fair, just a little better.

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Good, I think the circle jerk voting is a much larger issue. I could easily name a couple dozen people that do it. Glad that's being taken care of finally.

I see what you're saying. There really just needs to be some other sort of mechanism in place to allow promotions. It's a failure of Steemit at the end of the day. Like I said, there's already some viable options with the example of eSteem. Imo, Steemit is a junk interface and it's a shame it's known as the main interface to Steem. I think it really hampers growth of the platform.

the worst is when they go downvote you when you get an organic @booster upvote from @fyrstikken and then they go around and leave their own organic bid bot upvotes alone and no one is downvoting the downvoters, its just basic human corruption and the scariest type where the people believe they are perfect and that their somehow always right, as if the FREE MARKET doesnt know better. They also correlate low price of steem hahaah with bid bots! theyre all just losers man , people who were on top when steem was high now theyre so desperate because they lost ALL their money lol

I guarantee the price of Steem has absolutely nothing to do with bid bots. And I think I might know who you're referring to.

Are you available to talk on another more private space? Discord? Loki Messenger? Etc?

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