The danger of a system that allows the haves to trick the have nots, and using a repetitive cycle of
a - Recruit
b - Convince to invest
c - Upvote at new recruits with 1-15% voting power
d - Once those posts (or any others) reach an impressive potential payout, flag it with mid to high voting power FLAGs
e - Kill Shot - habitually/constantly upvote self with high to 100% self-voting power for maximum fraudulent profit.
The More You Know (Bing!)
This is IN NO WAY meant to be a how to guide, more of a warning of how not to.
Imagine if you will. Fraud Inherent in the System (and hardly anybody sees it, but a few do....).
~ You can set up two different types of Networks, a bot or a human one.
~ Each Network should consist of a set of seven Accounts.
~ You can have 7, 14, 21, or 28 (and so on) Accounts, logisticaly each set of seven would be considered it's own Network.
~ Concentrate each Account on a specialty target - usually blogs about how great the steem platform is, cryptocurrencies, and the markets themselves. Each Network should also focus on recruitment, new user registration (the bread & butter), & encouraging mass investing into the steem system. Best results when your Market is the majority of people who basicly have no clue about finance, marketing, or running a wallet (who treat steemit like facebook and might or might not figure out the markets later).
~ A Network Schedule would be set, most probably in variants of 7 as well.
~ All 7 days of a week each Account would refrain from upvoting or flagging anything, save for one scheduled Account (acct. 1 on Monday, 2 on Tuesday....). ~ Though doing as little upvoting as possible, the other 6 Accounts would primarily comment/engage only with other Accounts in any other of your Networks.
~ The scheduled Account for it's particularly scheduled day would follow the following script:
- Allocate the first 72-100% of 100% of your voting power to upvoting your own content. No brainer.
- Allocate the next 25- 72% of 100% voting power to upvoting content of other Accounts in your Networks.
- Allocate 11-25% of 100% voting power to flagging (this metric can be applied further up or down the allocation chain depending on the value of the post/comment flagging).
- Allocate 4-11% of 100% voting power to upvoting Red Rish/Minnow accounts outside of your Network.
- When voting power reaches 0-4% (the second an upvote's value is nearing $0.01), discontinue upvoting and let it recharge for the next 6 days.
~ Account posting should be limited to 4 per day (remember, any posts after 5 in a 24 hour period exponetially decreases the payout value of all posts in that period).
~ The only day any Account should do any active upvoting would be only on it's scheduled upvoting day.
~ Occasional flagging of high value content is encouraged to maximize the rewards pool for your Network's benefit. Being careful not to over-use it, most of the time it may even go un-noticed in the longer voting lists. Though not exactly "flying under the radar", maximizing affect in relation to rewards pool is to flag posts/comments who's value are less than your vote's value, essentially only returning all those rewards-from-others to the rewards pool in exchange for your 2% voting power....
The Witnesses make their pile, anyone running this set-up makes a pile, and a little bit of scraps left for the rest (just enough to keep the masses chasing it).
Battle of the Bots
Not even a good, gentle bot can stand up against a bad, malicious Network.
HAVE A NICE DAY!
Man, you keep that up and I'm putting you on my steemvoter,...
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Believe it or not, I am being "attacked" for such content (particularly my opinion the flag others/self-upvote one-two punch is a form of suppression thus a form of censorship). Yet whatever, I believe giving the people information and letting them do with it what they will is far more important than curating rewards (or punishments). And now the damage is done I am finding it hard to get away from the trolls and those who defend such tactics. Perhaps I'm doing the whole "steemit thing" wrong, yet it feels oh so doinitrite.
xD
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They have been money laundering to their friends from the beginning, imo.
The more credibility you bring the harder they flag, ask @skeptic and @technocomanche.
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Perhaps the default box should be reset through steemit so that it doesn't automatically upvote ones post. Just sayin.
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As long as it can be done even manually (and need CAPTCHA, bots here are out of control as well - I thought we were supposed to be a community of humans, not bots cheating people to maximize the profits of a few humans) it will always be abused. It would have to be abolished (along with the bots) for a fair and level playing field. imo anyway. Let them upvote themselves until the cows come home, but don't put a value to it based on how rich they already are (or aren't). The "richer" they are the more free "money" they can give themselves, makes no sense in a fair economy....
Yet I LOVE that you are thinking in the right direction.
:)
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Thank you. 🐓🐓
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