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RE: BidBots - THEY DO NOT DRAIN THE STEEM REWARDPOOL!

in #bidbots6 years ago

@frystikken I like the way you explained exactly what the spirit of the bid bot should be for the user: a marketing tool. And how you make it clear that the bid bot has to make money, and the user has to pay for a service.
The part that is still fuzzy in my mind, and the reason i'm putting my comment after the trail from @evarich's comment is that, in the current environment that she describes (where bid-bots give some power to the masses to buy SP but there is still a lot of circle-jerk going around, and minnows struggle to make Steemit profitable for them), how do you see the future of Steemit? If the current situation is maintained over time, and minnows come and go but no significant amount of them become dolphins or whales, does Steemit have a future and its currency will maintain its strenght?

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Hmm.. Chances are that STEEM could be the place for millionaires and strong political and professional entertainers also... I could see STEEM go to $1000 per token in some years. Will you hodl until then or will you sell for cheap? the millionaire is or is not you in the future.

Speaking for myself, I think I'll stick around. The good thing about this platform is that even if you don't invest anything, you can still voice your opinions, learn from others and establish human networks. Tenure in the platform, even if you don't post much but at least keep an active voice, will inevitably transform itself into higher SP and higher rewards. I would be stupid to stop and let my account die, even if at this time I don't feel too enthusiastic to make my blog bloom.
I believe that crypto currencies and block-chain technology are here to stay and I plan to learn as much as I can and teach my kids in the process, so they grow in this environment and can enter and play the game well when they are of age.

Agreed, this is the new Twitter in some ways. Famous people are on Twitter now and Steemit will continue to accelerate in attracting bigger fish like @Cernovich and @Stefan.Molyneux to name a few.

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