If HardFork 21 Goes Through As Planned Will You Change Your Behavior.
There are tons of places to discuss whether you are for or against the proposed HF21.. The code is out and testing has started. The debates have gone on and on, to the point I'm annoyed with talking about it whether or not we should do it.
Let's imagine for a minute that it goes through as planned. (I am not saying it will or should)
I've seen a lot of people predicting what others will do, but I don't see many stating what they will do differently.
Will you do anything differently than you are doing it now?
My changes would be pretty subtle to the outside user.
My thoughts are I already manually curate, I already downvote, but I think I will get one extra DV a day. So I will likely downvote one more thing a day.
Vote fewer times a day with more power.
I predict that I will not vote as much on comments because I think the cost of those votes would likely be too high and take too much of my voting power to keep them above the payout level of .02 USD. Of course if we see downvoting there is some hope that would balance out later and I could pick that habit back up.
My curation efforts will be to look at posts that are around 9-10 minutes hold and are likely going to be successful. I would likely pick authors with Name Recognition.
I will also focus on supporting communities like Palnet and future front ends. Over time I see that as being a better long term plan.
What are your thoughts and strategies?
I'm hoping some of the larger accounts and witnesses will engage here as well.
I have no idea if this works out or not.. however I hope it will have the intended consequences..
As authors will feel the pain I plan to double up on my curation efforts (especially in regards to renewable energy and environmental posts) to help the community..
I think most smaller accounts are going to struggle.
Unfortunatelly @whatsup, you're most likely right :(
Well smaller accounts needed for STEEM to grow. Accounts don't just start off big? They have to dip their toes in the water first. That is the only ridiculous thing if this hf goes through and it makes it harder for the smaller accounts. Are people just plain stupid? This should not even be a discussion. I know what they really want to do, drive the price down to 8 cents or less! If what you say is true and comes to fruition, big STEEM drop coming! All the way down!
I won't change a damn thing. I don't buy votes; don't sell votes. I curate manually, up and down. I have access to my entire pile of SP. It's been like that for years. Now I'll get paid more to push the vote button. If I see problems, I'll bring them up in posts and conversations, like usual. If posts I put hours and hours worth of effort into continue to decline in value, then I might have to change my ways and stop producing content. I hope that doesn't happen.
Appreciate your answer and upvoted you in your wallet where it can't be flagged away.
You didn't have to do that. Thanks though. I won't forget it.
But more downvotes though.
Dear @nonameslefttouse
Do you upvote comments? I think those who do are being forced to stop such a behaviour :(
Yours
Piotr
I do upvote comments, and I think in an environment that has more consumers and curators than content creators, the content creator with SP will be able to vote for comments, while the curators and consumers vote for posts. That won't happen right away, but that's where it could lead.
No.
I curate manually and anyway already now (with 75/25) I upvote posts which I like and don't care much about the curation rewards (most of the time I upvote late and don't care who else upvoted these posts). That wouldn't change at all with '50/50': I still would upvote what I like.
I like to upvote new/unknown users manually. Often my upvote is the only 'big' upvote under their articles. At least I can support them. With 50 % curation rewards I couldn't support these users as effectively as now because anyway I would get a big part of my own upvote back (as curation rewards).
I think many manual middle sized curators do the same. They curate because they just like the curated posts.
Yes, with more curation rewards whales would maybe join automated curation trails instead of using bid bots (that would be a progress). However, I am not really a fan of these automated curation trails. They select a few lucky users which start earning quite some money on every post (the posts are not evaluated manually) but the big majority of users still doesn't earn anything. I would prefer that as many users as possible earned small amounts of money instead of a few selected ones earning quite much. That would be only possible if more (bigger) users were making the effort to curate manually and really read/watch content before upvoting.
Concerning the 50 % curation rewards I am not against trying it, but I am not so convinced of the positive effects. I understand the idea to make it more attractive for whales to upvote again ... but at the same time I wonder why these big accounts are that fixated on their ROI? If the STEEM price raises significantly again, they will be unbelievable rich anyway, if it doesn't, the ROI also doesn't matter much: they have lost money anyway. I personally would agree not to earn one single more STEEM if that would guarantee a significantly higher STEEM price. Better concentrate on making the cake bigger than on getting a bigger part of a cake which is getting smaller and smaller.
(When I bought BTC I also wasn't asking how much interest I would get ...)
Great job! I really respect how you are approaching things and it seems like an excellent plan.
Bitcoin as you know is a POW, meaning everyone knows the distribution is going to the miner who mines it. They also have a mature enough dev team to know that is how it works and that it will often be sold as a reult of paying for mining equipment.
In our case, DPOS was meant to be a distribution method.... Some how our stakeholders started to perceive this as their own ROI. They also don't seem to understand there has to be a demand.
I guess we will see how it all works out.
They should, also because a rich pool of satisfied users would also make STEEM much more interesting for larger investors in the long run than it still is today: interesting to place advertisements read by many, to market products, to disseminate information. The value of a (social) network is measured among others by the number of its users.
Exactly... The value is determined by users in social media and regarding the crypto part, you need enough people to decide it is a viable currency to add value there. Our numbers are pretty sad in both areas.
on the last part i am wondering for months now. i do understand that they would earn 100 or whatever steem by doing what they do, but is that 100 more important than price of steem? if you have 500k or 1mill of steem and steem goes to 10-20$ do you really care about that 100? they are the ones that should care about steem, not minnows.
on the topic of changes, not gonna change, i have almost 2 jobs i don't need another one. vote when i see and like, comment when i think i should, my "roi" sucked till now, it will suck more, but it is fun to be able to share some value to people that you find interesting.
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the bulk of my curating is already being done manually. There are a few that I auto vote simply to support their projects and make sure I don't miss their posts.
I'll be more inclined to self-vote my own work and if I find that the hits to the author rewards are to heavy, I'll reconsider my practice of Steem being my first choice for content.
Currently Steem is my first choice and other sites are repurposing the content. That generally gives Steem the stronger SEO benefit.
When it comes to downvoting. I rarely use them now and am unlikely to start using them more unless I start coming across a lot more boneheaded behaviour.
As for upvoting comments. I currently upvote comments I really like. If I find that I can't upvote them enough to avoid the vote being dust while preserving my VP, I may just start tossing SHADE at them
!SHADE 5
Yeah, I'm somewhat doubtful also regarding long term benefits for the average user. Also, I can't imagine being able to describe this system.
My behaviour has never really been dependent on blockchain protocols. I've always treated this site as a social media, what a concept.
I upvote things I like/my friends, downvote things/people I dislike.
That was my approach too. Over time I would likely fall back into that behavior.
Downvoting for sure. Finding two and a half downvote-worthy posts and hitting the button. Maybe splitting into more votes if that makes sense. Other than that, I don't think I'll be changing much of what I do given that I'm basically putting my votes on trailing @helpiecake and otherwise manually voting. I won't be upvoting comments as much but if I see good comments I will upvote it (pretty much what I do now). I used to vote comments on my blog rather indiscriminately but I will be reserving them more for exceptional comments.
I’m with you on the downvoting brother. That’s where I need to get better.
@eonwarped i forget is the code roughly the same for PAL and steem for HF21? guess i'm asking from a usually late to the party voter? Most of the cool stuff comes out when i'm sleeping lol
It's not the same, no. PAL has unbounded r^1.05 curve. From a late voter point of view it's a little odd because the curator curve didn't change, but from what I was gathering it doesn't really matter much since voting late gets you very little (unless the distribution of post values shifts to be very top heavy). I have a post about it here. Let me know there if you have any questions.
Other than that, 50/50 is the same and downvotes are similar (I don't think it's the same but I'm not certain). But either way, it won't matter until PAL is separated from Steem. Oh! Now that delegation is out I should delegate my PAL to another account and get that going.
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thanks
Also the difference in distribution makes a big difference. They don't have the HUGE votes and bidbots yet meaning that those who are voting have a bit more influence.
The poor @haikubot got flagged. That sucks.
Oh, I am wrong. @haikubot did not get flagged.
It's not all about maximizing your own gain, calculating cents here and there to find the best way to scrap the plate.
I vote to what I like regardless of the prospective pay out, because I am here to support others even if it costs me rather than profit me.
I downvote only for clear spam or for a payout that is clearly exaggerated and artificially so.
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Why would people support others at their own expense. I can walk out on the street and throw money at strangers if I want. There is not a shortage of needy people in the word.
Its that you vote for what you like , not randomly throwing money. Something that added value to your day.
For example, I follow and give likes to an account that posts daily about species of mushrooms that grow in forests in europe. You can imagine that this is a very small niche that this user is filling and its not getting enough likes (rightfully so ). But I like his/her posts even though it costs me my votes for almost no return.
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I delegated almost all my steempower. Bought a bunch of pal. I'll do all my voting on palnet. Maybe 18 manual votes at 50 %, regardless to time of the post, for random authors. I'll write one post and 100% selfvote per day. No downvotes. My stand is that quality of post and amount of reward is subjective and I don't want to judge.
I think it is an excellent plan.
When I use my downvotes I use them on pure Spam or people who clearly are just posting a mess. I get it though, many don't feel comfortable with downvoting.
:)
No strategy for me...I’ll keep upvoting what I enjoy most regardless the time of publication and such. Besides my curation rewards suck anyway...
Probably I’ll focus on palnet tbh.
Yep it seems many are taking the Palnet road including me.
I hope the reduction in vote value doesn't have a knock on effect on engagement due to comments receiving less votes.
More flags is the likeliest thing to change in my behavior.
Being below the dust value I'm used to appreciating my commenters by going to their blog and upvoting what I like there. I haven't attracted any pure shit posters that follow me and contribute to my post so business as usual for a small fry such as I...
I don't think the true engagers will be dissuaded by a reduction in votes in their comments as that's not the motivation. I don't chat people up and kiss ass. It's pretty transparent when commenters have an ulterior motive...
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Yes that's fair enough, comments shouldn't be left for the chance of a vote, and the possible reduction in comment votes may lead people to improve them, or say nothing. Both work for me :)
i used to comment for votes now i don't comment because i don't want people to think i'm just there for votes lol
I didn't think you were commenting on my posts for 2 cents, and thought it was mainly to give me some shit, or occasional praise :)
lol not your posts, just the ones that give 3c and up
Haha, I think you're over thinking! 🤔
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lol yeah probably.
Great comment ! please upvote 🤪 I couldn’t resist
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Based on your excellent advice, I have decided to give less votes to comments, starting now 🤪
That's the power of quality engagement at work! Picard out 🖖
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I rarely comment just to receive a vote on it ;) I can't speak for the smaller fishes.
I think maybe I will do what other people are saying save upvotes for exceptional comments (raise the bar) or maybe consider their SP and engagement.
The bigger sp holders who vote on my posts are already getting a double curation boost.
Another idea is to go and vote their active post instead of their comment.
Actually that gets me thinking, for people who don't really post often, maybe they can designate a comment to reward upvote instead.
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Starting out, a decent comment can earn more than a post - that was true when I arrived anyway.
Agreed on raising the comment quality bar being a possibility as folks 'fight' over what comments are getting that vote.
I notice SBI voting for folks comments when they haven't chucked out a post in a couple of days, and I may go do the same at times if i see votes on my posts without a comment or a fresh post on their part.
Yeah, that sounds like a lot of work. Oh look, here is a comment I want to upvote... nah, that's a waste. :)
My days of focusing on growing the community so they can break it might be over.
Comment voting will 99% stop 🤷🏼♂️🤣
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Could happen, in which case, I might start voting my own comments :D
Oh Oh haha
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:D
I'm concerned about engagement for sure. Unless behavior changes greatly the small account will struggle even more in my opinion. If we had enough people reading and engaging I think it would work out fine, with a tiny community... We will have to see.