Daily Dose of Sultnpapper 07/22/18> Byte my Balls and Airdrops… it’s a matter of perspective.

in #blog6 years ago (edited)

In case you just came out from under that rock or have been sharing a bed with Sleeping Beauty and just woke up there is something magical taking place around here, but is it good magic or black magic? It seems that the phenomenal magic of Air Drops have been heating up the steemit community to the point that some people see it as manna from heaven and other people see it as a blight on our steemit community here.

It is interesting just how different folks can be looking at the same thing and have a totally different view on it. Then there are folks like me, who can look it and have no opinion either way, simply because I don’t know enough about the subject.

There are plenty of “experts” on here that have expressed their opinions which are most likely based on their perspective of situation and should be. Not everyone shares the same perspective or rose colored glasses though.

I read one article posted by a witness who explained just how Byteball is screwing over the Steem community and what can be done to stop it. A big issue that was mentioned was how some folks have deployed bots to rape, pillage and plunder the Byteball fields, my words not their's, but that was essentially how I read it. Byteball was offering an amount of their currency based on your steemit REP, the higher a person’s REP the more you got from Byteball.

From Byteball’s perspective I can see the logic behind that, if you are trying to gain acceptance in a certain community, why would you not want to reward the members who seem to be a little more established or more highly regarded by the members of that community? That seems to make perfect sense to me; there was just one problem with that from the article I read.
Byteball likely didn't understand how fragile our reputation system is, and how easy to game it is.”, said the witness who wrote the post.

Excuse me, did I just read that correctly? Did he say it is “fragile” and “easy to game”? That right there should be raising some questions from the steemit community. The first one is, “what is being done about this situation?” and I guess the follow up question would be, “just how long have the witnesses known about this?”

I’ll admit that I still have a huge amount to learn here about the witness program and just exactly how things work but I do try to learn and I even listen in to a discord driven show that has witnesses come on and give some witness updates. I can’t recall this “fragile” and “easy to game” things being mentioned on the few times I listened in.

Only a couple people took this witness to task in the comments about this situation and to me that seems like it was not enough. I have to agree with a couple of them that it seemed like the witness was doing more whining about losing some referrals he might have had coming to him since there were some bots out stealing the referrals in some fashion during this airdrop.

I did pose the question of what the steem witnesses are doing to fix the issue of this “fragile” and “easy to game” REP system we are currently using in the comments. We will see if it the question gets answered. You can read the entire article complete with comments here.

The Byteball Airdrop was more of a "bite to my balls" for me; painful, since I use an old version of Windows that wasn’t compatible with what the devs of Byteball have released. So it was a little painful to say the least on missing out on the action. For me, that airdrop was like most of the other airdrops that have hit me in the past; from flying birds. They have left their mark a time or two on me, but nothing that a little soap and water wouldn’t clean up.

Maybe the witnesses could employee a little soap and water as well, along with a scrub brush, and clean up the mess we have here with the REP situation instead of blaming others for exposing it to the public.

Just my perspective, from an old man who is still trying to learn, what is your take on the Byteball Airdrop?

Until next time,
@sultnpapper

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Byte my Balls

Now there's an interesting offer.

Well, probably should have worded that a little differently, ... nah, not getting in on that was as described.

Oh Man. One of my favorite topics. Witness collusion to the problems of Steemit.

We have some problems here on Steemit, a platform that I am really fond of and have given a fair piece of my time. Seems to me we could use a hard fork on the chain, and have been promised one since way before I got here. Year and a half if my figures are correct. Likewise with SMT and an API that would allow business to come to Steemit.

Most of the witnesses will tell you that it's not their job, that the 'corporate' part of Steemit is responsible for all that. Which is technically correct. But the witnesses are just like congress in that way. They could throw the rascals out but don't because they are making just too much money taking the rake off the chain. Sound familiar.

At least with the US congress we do have a chance to throw the bastards out. With 'weighted voting' they just vote for themselves and what the membership wants has no bearing on what happens. None.

Byteballs is no better or worse than any other newly created coin, the path to great riches is to energize a community to back said coin and wait for the price rise. BB isn't the only one to use Steemit and the only real disruption that I have noticed is a flood of DMs.

I think I'll go crawl back under my rock, or on top of Connie. I'm on the home stretch now..

Thanks for a great post on a subject near and dear to my heart.

I like this place to and to hear that description by a witness and then barely a soul take him to task in the comments was a little puzzling to me. I just check my replies and didn't see a response yet to my question so we will have to wait and see, I did catch the tail end yesterday of the "witness ramble" hosted by Shadows Pub and I mentioned that I read the "fragile" and "easy to game" in the post of a witness so Shadow picked it up and asked the witnesses that were there the question. They acted like the only issue would be a person using bid bots to boost their REP was the only "gaming" of the system that they could think of.
Safe travels Tom, thanks for the thoughtful reply.

I did jump on the Byteball wagon and signed up and got the airdrop, but didnt do much else, but I did get sick of seeing people spam it in comments and aon discord to try and get people to sign up using their link

I seldom do the airdrop things but have seen a few mention the Q thing i must check it out

PS I did doe the sign up for Q if you could verify would be appreciated

I just got you verified, you should receive a confirmation email shortly and your own link to invite other people to join. Thanks.

From one old guy to another.

Haters gonna hate. I think the byteball things are great. I used mine to gift some SBI and give @youarehope some love.

Experts? Some things I read here about how to work STEEM are written by folk that have been on the platform a month. The longer I am hear, the less I know.

Just a comment from a grumpy old man.

Yea, the quotation marks were around the word expert for a reason, because a lot of the people seem to think that they are the only ones who know the "right way" on how things ought to be. grumpy old men comments are always welcome here, they kind of compliment the grumpy old man content that is sometimes found here.

I don't pay much attention to all these new tokens and airdrops. They are becoming a dime a dozen as everyone tries to get in on the action. My son and I were discussing this topic this morning. In that last year, there have been dozens of new tokens developed but very few will ever come to anything. The problem is to figure out which ones will be good and which ones are a flash in the pan.

I guess that my approach on these is it would be like somebody giving me a free lottery ticket to a powerball or megamillions lottery drawing. I might as well take the ticket, knowing full well the chances are 1 in millions of winning even anything let a alone the big prize, but you can't win without a ticket. So I'll take the crypto tickets and see what happens... you just never know.

I was going to reply to this earlier, but had to rush out. I joined the Byteball Airdrop a couple of days ago, and it appears to be sincere and above board. The wallet informed me that my Byteballs were worth just under $20, which is about half of the $40 I was led to expect, as a Steemian with a rep over 50.*
I'm not really surprised, as the founders are basically giving away their creation, so of course its value is going to drop.
Another Steemian, whose name I forget, went on Dlive to rant that he had received Byteballs in the Airdrop, but was then unable to sell them. Apparently you have to wait for at least a year before selling them. I didn't upvote his rant, because it seems obvious to me why Byteball's founders are doing this. If we were all to sell our free Byteballs at the same time, the currency would crash.
I haven't had time to do any research into Byteball, so I've no idea whether it has anything going for it as a currency. Same goes for Initiative Q... if I do take up the Airdrop offer, I will use your link though!
And talking of referral links, Byteball's founders made a post saying that they want Steemians to share and benefit from their referral links. Again, I just haven't got round to posting about it...
*Just noticed @crosheille's excellent post on Byteball. She points out that the reward is split 50/50: you get half of the bytes in your wallet when you sign up to the Airdrop, and the rest a year later. So that's why I only got $19 worth. The value hasn't plummeted!

That reduction in the amount of bytes you got was because of how some steemians were "gaming the system" as the witness said in his post. It seems that it is real possible to create a brand new account and bump the REP over 50 in a heartbeat and only spending about 5 SBD.
I have worked my ass off to get to 57 and had I known I could have just bought my way up to here I might have considered that, not likely I would have done it, but considered as an option.
The Byteball founders said they cut the amount by half for REPS lower than 60 to help curb that scenario from taking place. In the witness's story he tells of one steemian that created over 400 accounts and boosted them up in order to make a killing on the Byteball airdrop.
Amazing what some people will do...

Ah - that's depressing. I wonder how long it'll be before you can buy your way to rep 70. Maybe it's happening already.

I guess it could be done right now just by buying votes with bid bots but it would definitely be expensive to get to that level. It isn't though t get to fifty from what was stated/

complete byteball ambivalence. i have dem balls... but they dont bounce in my heart.

Ha ha ha , they aren't inflatable are they?

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