RE: Hardfork 21 is HAPPENING. What will change?

You are viewing a single comment's thread from:

Hardfork 21 is HAPPENING. What will change?

in hf21 •  5 years ago 

Maybe:

  • If you are an orca or whale: good times, cheap delegations.
  • minnow or dolphin: move that stake to your favorite scot tribe, it will be worth much more there, or delegate it to bid bots.
  • If you are a redfish: don't bother commenting on anything. Just create good posts and use bid bots like crazy.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

If you are a redfish: don't bother commenting on anything.

But what if we like commenting? Then what?

use bid bots like crazy.

I thought bid bots were going to be going away because of the decreased financial rewards for using them.

Therefore, the only logically conclusion is:

Steemit doesn't want new users... especially ones that would like to discuss anything whatsoever via this Social Platform.

Most of the most socially active accounts that currently reward their red fish commenters with a single above dust level treshold up-vote for their comments won't be able to anymore. So redfish who currently bring value to the platform by bringing social interaction to the posts of minnows and dolphins, no longer will get "any" growth from doing so. The easy fix (decreasing dust level from 0.02 to 0.002) doesn't seem to be on the table, but the lack of this fix does have the potential to make HF21 a platform killer. It may not seem like much in terms of solar value, but it is massive in terms of social value.

As for bid bots. The bid not ecconomy is going to boom. Stake is worth substantially less for small account than the same stake is for larger accounts because of the curve. This will stimulate minnows and dolphins to delegate their stake. Bid not owners will be able to cheaply rent SP, and on the demand side, with increased curator share for bid not owners, the price for bid not usage will go down to match the compensate for lower ROI, allowing bid not users to use buy larger upvotes for the same bid. Larger bids will be needed, as users will try to beat the curve with the upvotes they buy. New accounts that currently use bid bots will be forced to, because with the new curve and the dust treshold in place, it will be the only way to even exceed dust treshold for such accounts.