Are you tired of subsidizing bidbots yet?

in m2c •  7 years ago 

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What? You didn't know that you are paying something for every bidbot vote sold?
I bet you didn't know that every crap post bidbotted to the trending page costs you money.
It does.
Every time somebody with alot of stake votes on a post it takes rewards from every other vote with less stake.
When a whale votes, everybody else loses.
Its just how the math works.

If everybody with more than 1000mv stopped voting everybody else's votes would more than double.
The votes you get from your 6 friends would have value rather than round down.

Exactly how much remains to be seen, because stinc hurried up and hardforked before we could know the truth.
We had some responsible whales step up and stop the bullies' abuse of the reward pool.
I won't name them, they haven't done much for us lately.
But you should know stinc chose the bullies over mass adoption, and continue to do so today.

Every time you pay one to vote your post you make our disadvantage that much worse.
Don't expect to hear that from anybody else, not many here brave enough to speak truth to power.
Not many of us are willing to put the good of us all ahead of our own no effort rewards from the rewards pool
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You know how we know it's a crap post?
Because nobody in the community voted on it.
Its a clue when nobody gaf about your content.

You know how we know bidbots owners put their wallet ahead of the good of steem?
Because they know the truth of what I am saying, discussed it amongst themselves, said f' us, 'its their stake', and continue to vote bs to the trending page.
If they cared, they would require rewards to be declined.
Then they would be selling advertising at its true cost rather than forcing a subsidy out of the rest of us.

The author doesn't have a following, that is why he is using a bully's advantage in the math to get seen.
If he had been here long enough to build a following, he wouldn't need the bully's 'service'.
If his post wasn't crap, somebody would have picked him up for curation.
@curie pays for good content.
Their curators compete to find 'the best' content first.

It isn't easy to make it on Steem.
It shouldn't be easy.
Free money never is.

If you want to make it here you got to do the work.
Put out 'good' content.
Make engaging comments on the posts of others.

Don't hire bullies to give you fake acclaim.
Those of us that know, and care, will remember who you are, and that you didn't.

Get to know your fellow steemizens.
Get your friends to join, buy some stake, and vote your posts, but only if they are 'good'!

We are all in this game together, its time we started acting like it.

Dolphins, get out there and find good content that needs more rewards.
Orcas, flag the abuse.
Whales sell your stake, take your profits.

It may be a while before your advantage in the math stops crushing the little guys.
Stop bullying us, now.
If you want to wait until we grow enough dolphins and orcas that you don't crush us, that's fine.
Put out some 'good' content and maybe we will vote it.
But please stop acting in only your own self interests.

Nobody is going to buy into the coin while you are the only ones that can profit from it.

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I think you make some really good points here. 111 upvotes with only 2 comments, both from bots, though. That challenges the authenticity of your arguments.

Full disclosure: I use voting services and I run @steembasicincome.

Posted using Partiko Android

Lol, what are you trying to say, Joseph?
I dont count cause im gruff and have few friends that i havent already established my positions with?
Its not hard to see a few people are willing to go on record as supportive of me.
One with a large voting trail.

I get sbi from buying it for others, ive never used a bidbot.
You read the post, if you scroll back you will see more of the same.
All the way back to where i denounced delegations as cementing the whale's influence even more than they already had.

Just because you can is a poor sole reason to do things, imo.
https://steemit.com/steemit/@freebornangel/thanks-to-all-the-vote-buyers-sellers-and-delegation-leasers-for-the-kick-in-the-shins-eh

In no way do I mean to imply that your arguments don't have merit. I just think it's interesting when I see this level of righteous indignation from well-established accounts that gained their audience before bid-bots. It's hard being a minnow in the land of bots.

It's awesome that you picked up the support of a large voting trail, and I definitely think that the prevalence of bid-bots are a big problem on Steem. While I experimented heavily with them in my early days, I don't use them nearly as much as I used to.

I published a checklist of features that I thought bid-bots should implement to establish an ethical framework for the industry a few months ago, and I'm pleased to see that most of them have been implemented in @yabapmatt's software and added to his tracking site. Not all bid-bots have adopted them, but when I use them now, I limit my usage to the bid-bots that have adopted the most points from my checklist. I also limit my delegations in the same way.

At heart, I think that bid-bots are a symptom. The core disease is that it's much easier to profit from content creation than from content curation. SBD pumps exacerbated the problem, which is why high bias has been my top consideration for selecting witnesses ever since I learned what it was (at least six months).

If one could consistently profit from curation with as much consistency as from vote-selling or delegation to vote-sellers, then there would be a lot more whale support for curation projects or professional curators.

Since profits from curation are limited, the whales figured out how to earn creator profits through 'curation'- sell your vote and capture all the curation profits and most of the creator profits. Actually since most bid-bot users are unsophisticated and submit losing bids, you can sell your vote and capture all the curation profits, all the creator profits, and then some.

It's no surprise to me that the number of Steemians using bid-bots has been dropping steadily this year. It's hard to keep your business growing when most of your customers lose money from using your services.

Everything I've been doing on Steem with @thedailysneak and @steembasicincome has been toward removing the 'need' for content creators to use bid bots for discovery. Once the blockchain is SMT ready, I will take another step in that direction with an SBI token (sneak preview! You heard it here first) that heavily emphasizes curation in its reward algorithm.

(x-posting this comment to my own page later- with some editing and I'll through in some links and images)

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To the question in your title, my Magic 8-Ball says:

It is decidedly so

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

As always, you make a great deal of sense. Putting profits ahead of more valuable things like integrity degrades the quality of discourse on Steemit, and as you point out, it costs us money too.

This is why I am confident that SOC will quickly establish that communities that don't permit votebots and socks are those that people are interested in being members of, while those focused on rapine extraction of money will languish to death.

Thanks!

SOC?
Im pretty sure that smt's wont be the savior they are predicted to be.
Stinc hasnt delivered on anything since dan was driven out, why would this all of a sudden redeem them?
Nah, i predict dismal failures, and concentration of steem in the big accounts, to be the norm.

The way out i see is for the blockchain to sell sbd, but they wont do it because they didnt think of it.
Cant have no spartacus' leading open rebellions when doing nothing maintains their dominance.

As long as they can lead us around with promises of vaporware saviors, that is what we will get.
All hail, stinc.

Wtf is an oracle, and if i thumb my nose at its controller do i get blacklisted entirely?
Its bad enough being on their 'better not vote that guy' lists.

I reckon an oracle is supposed to divine particular information, and if it isn't purposed to divine manners, you'd be fine. Can't vouch for them, however. If anyone could get blacklisted, I'm sure you and I would be among the first =p

Lol, i am spartacus!
Theyve been looking for a way to hide their abuse since i got here.
Two years from now, when smts are nearing completion, they can start working on oracles.
The true beliebers here will cheer!

What did you think of my rocket fuel idea?
Pretty neat to build a turbo to suck sbd out and drive up the price of steem.
The bot wouldnt take a couple hours to code.
Too bad im on the ignore lists.

Imma pretend to understand how buying SBDs will drive up the price of Steem. Why would folks buy the SBDs?

To replace the dollar?

In order to buy sbd, at the window, you have to have steem.
This drives demand for it.
Demand increases price.

Even if it doesnt drive up the price the circulation gives steem velocity.

I think I'm being outsmarted here! Try to take it slow, as I am a slow learner.

"To replace the dollar..."

I believe you mean the SBDs are replacing dollars?

Imma ask one question at a time, so that I only get one answer at a time. I might be able to keep up with one answer. Conflating answers is bound to confuse me.

Yes, replace usd with sbd.
Usd dont blockchain.
Tether is looking like a scam.
We should capture some of that market.

I got another post for in the morning, but it may not clear things up much, i get off on tangents.

Put simply, we sell sbd and split the procedes amongst ourselves.