Are Korean Posts Really Overvalued?
This post is a reply to Why is that berniesanders asshole flagging Korean posts?
1. Korean Community is Growing Bigger and Fast
There are great and positive perceptions in Korean communities, both crypto and non-crypto ones. Our growth is explosive and positiveness is going around our community. According to @arcange's post, active users of Korean community has more than quadrupled and posts and comments have increased a lot as well.
This is not only about number of users, but also investments. Korean community was and is the biggest buyer of Steem, especially when Steem price was decreasing. While many whales were reducing their stakes, Korea community recruited more investors hence supported Steem price. Also many of them have powered up. We now have 21 members in top 300 (at lesat $25,000 worth) and in total over 7,000 MVESTS, which equates over 3 million dollars. This is about 8% of total active stakes.
2. Views Are Really High
Accroding to OECD Data, population of Korea is only 4.4% of the total or about 1/20. Roughly speacking, a unit views for a Korean language post may be regarded to have at least 5-10 times greater views than English posts with the consideratino of the scale effect.
Here are interesting examples. @maa's two posts hit Google Now suggestion and got over 1,000 views. Isn't it cool? More Korean people are paying attention to and will come KR community.
https://steemit.com/kr/@maa/2017-5-14
3. We Need to Consider Contexts
Fourteen days ago, we felt very bad and upset due to the downvote. Why? We had a newbie highschool girl and gave her our best welcome. We think that she can be the gateway person who opens the door toward Korean teenagers and can trigger mass dispersion of Steemit in Korea. But her first post was downvoted. She seems so disappointed and the traction has greatly decreased. Although the flags were removed, the effect remained since he did flag during downvote-only period. I asked him to leave some message to make her feeling better, but nothing happened. I am really concerning this kind of thing happens again.
https://steemit.com/kr/@lhy/introducemyself
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We now have a wonderful illustrator, well-known Korean crypto analyst and investors, and many other important members. Their posts sometimes seem get too much, but I think it maybe not if we count what they will bring in the future.
Our Thoughts
I do not want to restrict his freedom to downvote, but want to request do it in more prudent and consistent manner.
Appendix: Responding to image he posted (@engagement is his sub-account)
Something that was failed to be mentioned here, which is the most important part actually, is that Bernie/Engagement is downvoting in the last 12 hours where no upvotes can counter his downvotes and he is voting with much more rshares than anyone else on the platform. He can't downvote before the 12 hour mark because he will be countered with an upvote if his downvote is "too large". So, instead he is abusing the system and downvoting with a larger voting weight than anyone else on the platform is currently being able to use and only in the last 12 hours where upvotes are not allowed. It's abuse in every sense of the word.
He is able to reduce a very popular post's payout by 70% with a single downvote because of the way things are currently set up on the platform.
If he wants to downvote he can do it in the normal allotted time with the normal allotted voting weight like everyone else on the platform. Bernie/Engagement is playing by a different set of rules than every other poster on here. How's that for fair?
Flag on this fair (at least no hate speech or abusing) comment, and I think this is how he plays. He may try to hide fair criticism by his powerful downvotes.
A translator should be avaible on the website if we are going to explode with different languages
Good idea.
Holy cow 2.04$ for your upvote thanks alot clayop
I always thought there should be a reputation requirement in order to have the ability to flag a post. For instance, maybe a reputation of 60 to flag. This would keep people who are new and maybe just disgruntled because the money is not coming in fast enough from ruining someone's posts. I feel like I can say this because I'm only in the 40's myself and am still learning how things work.
Yeah I suggested something related. It should be our future priority.
Your concern is valid, I don't know by how much the rewards were cut by flagging. I'd like to see more information about that but I'd like to think that the people that use flag, have Steemit's best interest in mind and not just their own wallet or close circle of friends.
And sometimes, maybe, those people have yet to think things that far that some have. My view on the issue is complicated, at the same time I'd like to see new people getting rewarded well, who represent whole new communities of people, that yet are not using Steemit, but at the same time it would be negative to see their rewards decline sharply after few posts.
It's hard to come to consensus on what fair rewards is when the consensus is formed by thousands of people around the world who don't share the same information base, which is used to make these decisions.
It usually cuts over $100 and in my case about $300. About 40% of his flags are on kr posts. I think daily cut is several hundres, so he probably decrease at least $3000 so far.
But English contents are not very accessible for kr members so voting on them may yield worse results. I expect there will be more posts (as like now) and the rewards will be dispersed more.
Interesting. Sounds like kr community is really booming.
I hope we don't lose too many people thanks to this flagging. Hopefully these individuals on receiving end understand that it's not personal and that their rewards will keep growing as our whole community grows. If Steem becomes mainstream they'll feel far worse for giving up in these early days!
Thanks for explaining this situation.
I'll once again mention what I perceive could be a great improvement, namely, to separate the "flag" idea from the "down vote" idea.
Each post would show only the current sum of votes, and a "flag" would be reserved only for bad behavior.
😄😇😄
적어도 한국과 인도네시아 커뮤니티를 핍박하지마십시오. 한국과 인도네시아 커뮤니티는 향후 스팀발전을 견인할 가장 강력한 커뮤니티입니다.
At least do not persecute the Korean and Indonesian communities. The Korean and Indonesian communities are the most powerful community to drive future steem generation.
Dear Lee
I think that Berniesanders is an asshole that does not have any standards about flagging and just does not want to allow a lot of rewards of Korean community. Berniesanders is just a young child who wants to be identified his influence by little fishes. There is not even 1% of adults thinking of expanding the community or marketing. So do not speak elegant words like expanding markets. It's just a little child's fuss. Never mind.
Nice flag and censorship on this criticism. (FYI asshole is a self description of him on his profile "dedicated asshole"). This seems "how"
thank you @renohq.
the economic power of korea is ranked 10th in the world.
the same is true of sports like the olympics.
we have strong weapons like you in our community, Isn't it?
i'm sure our potential is endless.
And cryptocurrencies are viral in Korea! Steem has a really strong weapon :)
Keep up the good work, if you have time, read my comments here too in support of the community and the kr community specifically.
Here is my response: Early adopters should be rewarded, not punished
Thanks!
I do not think "kr" posts are over-valued.
SteemIt is a free-market. The "kr" community on SteemIt is growing rapidly. Content for the "kr" community would naturally garner more upvotes from the "kr" community. There is nothing wrong with that.
A growing SteemIt community helps all SteemIt users around the world. The rising price of STEEM is the evidence.
I support the "kr" community on SteemIt. I cannot read Korean but a picture is worth a thousand words and usually worth an upvote.
There are far more languages I cannot read than I can read. A smile, a photo, and a few emoji's usually bridge the language barrier even when the Google translator does not :-)
Steem on,
Mike
Thanks! You may love his posts
https://steemit.com/@tonesquare
love his work! I've been participating in the Korean community lately. I feel like that's not cool in what's happening here, is there a valid reason for #kr flagging?
Hopefully his works won't be flagged just because they are over $150
Thanks a bunch for posting such positive problem-solving information. Such an interesting exposure of data that underlines a clear and coherent point of view. All for one and one for all! Namaste :)