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RE: Updated thoughts on 'the whale experiment'
I get hit every post by @smooth, its all automated. I have not grown fond of it like some of the sheep around here. I am not going to lie, it pisses me off that real whales actually look at my post and vote on it only to have a bot whale downvote. I started to introduce my 95,000+ followers(travel related) on a fb page to this platform, but I am holding off for now.
As a long term plan for the platform, it is not going to be good to depend on the same ~50 people to decide on what gets rewarded. It is not scalable to a large number of users, and lots of good posts fall through the cracks. It is going to be better for the community if the user base can drive rewards.
What would you rather spend your time doing- trying to grow your followers and gain more interaction with the community, or spend your time whale hunting , hoping to be one of the lucky ones to get noticed by a whale?
It is my view that we need something like the investor-class accounts idea, to give those 50 people a slightly stronger incentive to step aside and not be (unintended perhaps) bullies when it comes to monopolizing influence just because they are the major owners of the platform. Zuckerberg could personally decide what gets displayed on Facebook and what doesn't, but for the most part he doesn't. Instead he makes a choice, as a major owner and ultimate decider, that the platform runs to a large extent on the basis of showing what users Like. We need something similar, where owners make a choice, for the success of the platform, to not micromanage content be bullies in the process.
You know you have my full support to head down that path :)
I totally agree!
Smooth, I would support that. The "experiment" is no longer an experiment; it's a messy solution. We need a more permanent one.
I have always just posted and grown followers its the same here as facebook, gplus, instagram or any other social media platforms. Not sure what you are talking about with whale hunting, I am pretty sure they can think for themselves. Anyways we have no choice in the matter only handful of people are running the show now instead of your 50
The goal is for your community of followers to be the ones increasing your rewards, instead of relying on whale upvotes to be the deciders for the whole platform.
I agree, so why are my whale followers being punished?
It's a good question. If they use 800 MV of stake (or less) they will not be blocked, based on my understanding of what they are doing. 800 MV is still a lot of influence.
I agree with all three of your comments. I've said the same thing. They just don't care. Whale votes are bad and you apparently just need to accept that.
They keep saying that the distribution is "unfair," but I don't see them volunteering to distribute their own whale stake. They just want others to comply with their demands.
The only way that the "unfairness" can actually be resolved (and I don't even see this as practical or even "good") is for all of the whales to redistribute their own stake to smaller users. Anything short of that accomplishes pretty much nothing. They won't be able to keep other whales from voting forever and they don't have enough power to stop all of them when they decide to resume...or to stop new whales from participating in the future.
Unless the code is changed, this will remain temporary and arbitrary. In other words - it's nothing more than the same thing they complain about: a few users controlling the rewards/behavior of the platform's users.
I agree. The code needs to be changed to gradually reduce the voting weight as steempower increases. To offset this and to continue to attract large investors, high steempower holders need to be offered other incentives such as high interest rate on their holdings and the (exclusive) ability to vote on the structural and operational issues of the platform. Providing these additional incentives to large steem holders I believe may be enough to offset the partial loss of voting power larger holders will incur under a new voting system. Lastly the flagging system should be completely done away with for anything other than violations of agreed social norms....ie plagiarism, trolling, spam etc.
I like many others have significant amounts of steem, but will not lock it down into steem power until there issues are resolved. This festering issues (along with the question of how to monetize the attention created by this platform) have caused huge losses for investors in the past.
you can still hold it off. you got only 63 followers here and so hypothetically speaking, your fb fans do not give a damn about steem.
I think its more like they don't understand it, and I have not done anything to help them understand. I have been here a little over two weeks and a whole lot has happened in this short time. It looks like you average about 35-40 new followers per month and you seem to be doing well. Thanks for the comment
dont compare my followers with yours. most of them are my friends, not statics as you consider your own followers. My point is : with this experiment you dont need whales to get rewards. Grow your followers base here, and if you have thousands of users upvoting your votes, you will be in trending page. Check it out. not of all of them are flagged.
I am not really thinking in terms of rewards as much as I am thinking of invalidating someones vote with a bot. People need to think less about the reward structure and more about the social media aspect. Congrats on having so many friends, most people are lucky to have a handful of real friends in this world. I tend not to use the term friend so loosely .
to each to their own. unfortunately, steemit is the land of bots. get used to it.