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RE: Bidbots, not all bad.

From what I have heard and seen Steemit has had problems and will always have problems. I expect the problems to get much worse as the user base grows. If we get big like Facebook 90% of new users will probably never even earn 1 Steem unless the inflation rate goes up.

"the reward pool was curved to direct the rewards towards those who received the highest weighted votes."
https://steemit.com/discussion/@whatsup/another-dumb-story-about-when-i-was-a-minnow

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Yeah, when the masses get here it will be very difficult to earn a steem, and very expensive to buy enough stake to have influence.
Which, no doubt, will get compained about.
It also explains why i never see steem over 20usd, if it can get that high.
Nobody pays that to reward others.
But, i dont see it going to zero, either.

If Steem goes to $20 then official payouts would be higher. I think there is a potential for a run in Steem. I can see it being valued at $1,000 per Steem in 10 years unless EOS is able to take over.

Ok, but pardon me if im skeptical.

Yeah hopefully I can help make it happen but I am also skeptical.