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RE: Steem's #1 Pirate - Abuse & Plunder Report 2018-08-04 (last 24hrs)

in #abuse6 years ago

Please help me try to understand this issue better...

Regardless of how someone uses their vote, the change to the reward pool is exactly the same, isn't it?
Example, if this self-voter voted for someone else, wouldn't it remove the exact same amount from the reward pool, reducing payouts from genuine content creators and suppressing the price of STEEM?

  • Why do you consider it like counterfeiting in the one instance (self-vote) and not the other(vote for someone else)?
    • I might agree with the term greed, but toxic? I'm having a hard time seeing that.

Please help me try to understand this issue better...

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From a technical point of view, if A votes B and B votes A, and both have the same steem power, the end result will be the same as if both A and B self-voted, though people won't be upset so easily

When A has a lot of steem power, distributing votes and hoping to get nearly the same amounts of votes back is just not going to happen. To get a return on the steem investment, self-voting is nearly the only thing one can do.

If A is creating posts of average quality and only voting for himself, the trending page will consist of average-quality-stuff, while it would be preferable if the trending page would consist entirely of things that excels.

To get a return on the steem investment, self-voting is nearly the only thing one can do.

Is the reason the price of Steem and SBD is down because instead of encouraging people to get a ROI, we discourage it. Maybe if our culture said it was "OK" we would have more investors and the prices would go up?

I'm aware, most (including me, I think. I'm still trying to understand...) think there is a line in the sand, that it's OK up to that point, but if you cross that line, you are greedy.

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