A question for you
This might be considered a shit-post, and I'd be more than happy to receive the #shitpostoftheday award from the recently returned @nonameslefttouse, but I was having a conversation with someone this morning which sparked the question below.
I'm unsure if I actually have any followers left that choose to delegate to bid-bots, that's fair and understandable, but if anyone with stake that is currently delegating to bots is reading this, I would like to hear your answer to the following:
Hypothetically, (as this will not happen) if bid-bots (or promotional services as we are supposed to be calling them) disappeared overnight, would you?
a) Look to trade/sell votes in the 'black market'? e.g. off-chain / via memo
b) Delegate to apps, @steem-ua, etc, for some 'no hassle' ROI
c) Curate
d) Powerdown
e) A mix of the above
f) None of the above - I have a better idea...
I'll set a @steem-bounty on the post and as Steemvoter is currently broken, will give a little more than my usual 3/4 cent up-vote to the most interesting responses.
Enjoy your weekend!
Asher
I just want to use my steem power actually. The fact that this is not profitable is sad to me. So ideally I would just upvote people and receive curation reward.
I think to make steem work we need to make it so that who or what you upvote does not make a difference but the fact that I do does. So essentially I would a vip system that rewards activity x sp.
But even without this I would still want to just use my sp, which I doanyhow.
Interesting. I'm wondering if a token could be created with this in mind. Ideally, SP/Curation/Delegating to BC growth projects would be all that's required to gain a healthy return on SP - this is my hope for the years ahead.
Cheers!
I do wonder if they would power it down and try to invest in other things. If all they care about is ROI I don’t expect them to be holder of Steem once that avenue is gone. This does not mean however our own ecosystem could not provide other investment opportunity.
While my own holding are not massive in Steem Monsters. Since prices are listed in Dollars and despite the decline in Steem they are still going up in dollar amounts.
Perhaps SMT and other digital assets could hold some potential future for people to want to invest in those over the bid bots.
End of the day we just need more options. Image if a company grew up on our blockchain and you could have bought shares in that company with Steem that funded their future and allowed them to power up to support salaries, promotions, and other stuff. Who would care about ROI of a bidbot if you could get kind of returns a startup could yield in a few years by investing in it.
So many seem keen on trying to tie up every Steem out there into SP. The less SP the more votes are worth. As long as there is an ecosystem to support and utilize the higher amount of Steem that just look like a very healthy economy.
If to many try and invest in bidbots by massively converting into SP then votes powering network wide just decrease per vest. There will be a point where they will need to power up so much more just to make a few extra cents that it won't make sense to do so. Which is the long term issue they are facing when it comes to ROI.
Cheers @enjar :)
Well yes, it's not gone and curation is still fairly lucrative if compared to 2/3/4/5% on your savings account.
Steemmonsters has also proved to be a decent investment thus far, especially for those who bought early - I have a few.
The 'more options' are being worked on I believe, and hopefully, SMTs will provide what you discuss - we only need one to do well to cause a stir :)
Hi there could you point me to the nearest 2% savings account beacuse I'm getting like 0.1% right now....
It depends on which country you live in. Don't be surprised to see 6% for savings accounts. But these countries tend to be developing countries and many times the currency devalue against USD. But you can manage to get 2+% effective gains on savings accounts. It's a little risky and involve a lot of work. I'd say just buy crypto instead. MCO might probably release their crypto card: https://www.reddit.com/r/MCOCrypto/comments/9eg61c/complete_guide_to_mco_for_beginners/
They also own this domain name: https://crypto.com (that's Huuuge!)
Wow that is a really nice domain. I heard a little bit about MCO last year, I am going to have to do a bit more research because a card would be really useful for me.
Did you finally get your hunt airdrop? I saw they were pulling the plug on september 13th so I got mine.
Yep. I collected my part and made a post to spread the message to my followers too. currently I have over 12K+ HUNT Tokens. I'm curious to know about how people would value the platform I made a post asking the community but no reply came: https://steemit.com/market/@vimukthi/dear-world-how-would-you-value-steem-hunt-a-mini-analysis-on-the-token-economics
I've been following MCO since the ICO and launching on exchanges with 400+% gains on the first day after release. I'm kind of afraid of getting a card for myself because my parents might think I've got enough to support myself (currently I'm living 100% on my parents)
I actually powered down this week from supporting a bid bot once I get that SP back I want to increase my delegation on Steem-UA
We need more projects like this that require huge amounts of SP and are productive! There’s so much liquid SO on the market as people keep selling so we should look to pick it up cheap and put it to good use! My hope is that Plenty of people who left the platform due to pricing esp the ones who made money on the old format will come back surprised that those same tactics don’t work anymore and you cant just hit and run whenever you feel like it!
Posted using Partiko iOS
And for this line, you can have a vote :)
I know some who try the hit and run, and told me after the last rise they wish they hadn't - but have since left again!
I put some glitter on it for you because I know you like that kind of thing.
I don't know what I'd do. Probably just more of the same things I've been doing since I started here two years ago. Blogging, voting for others... I don't see why that's a problem.
is there a way to get a notification of these each day?
Perhaps a new Dapp with Steemit delegation.
"dSP"
Fuck yes!!!! My day is complete!
Yeah, you mean what some of us have been doing for a while? It's a gamble, but it just might work!
How did I not know this was a thing???
And the glitter is very fitting for Ash...
At the height of it's popularity, I went poof for over a month and I guess it died along with me. The shit and I are back from the dead though. You might see it around again, where it belongs, from time to time, maybe, if shit starts weaseling it's way back under my skin, which I hope doesn't happen, because I have a tendency of making a scene.
f) If bid-bots disappeared overnight, we'd finally get back the THRILL - those amazing moment when you just submit your new entry and have no idea if a whale will show up and boost it to the top... or not.
#goodoldtimes
Thanks for asking!!! Not a shit post at all...:-)
For sure!
Although I suspect those days are gone. Maybe in 20 years when I'm a whale I can help them return?! :D :D
B, C, and F, I might start to self vote. I don't know if that falls under C or not. But I do have a second account that I would likely try to build more SP into so I might do more posting on it and throw a vote there every now and then. Trading votes is sort of kind of going on. There are a few accounts that I personally value and I give a full upvote to, community accounts. Currently 2 but one I am not sure is a community I really belong to just really support. One of the others I was giving a vote on was to help account build another community type account. And one is the account of the Community I feel that I belong to/in. So while these are curation sort of votes, they are also sort of trade votes, because I generally get voted back although I really do not expect it.
I have a relatively small account, and still end up running my vote power down to the mid or lower 80% range over the last few days, I would be lying though if I said I had no problem finding things to "vote" on. There seems to be a lack of new content to give votes to that I am interested in. It seems a few have left, and those remaining seem to have slowed down posting, and commenting. Meanwhile my posting has seemed to increase, and commenting has decreased.
One of the choices you should have added was join a curation trail, but I guess that kind of is curate, but curatation by proxy, and often people do not know what they are voting on. If it came down to where bid/vote-bots disappeared over night then some of the curation trails might be cleaned up, I think we are seeing that now with the upcoming HF20.
Self-vote, yeah I knew I'd miss something obvious!
I don't think that sort of trade is necessarily a bad thing.
And yeah, a curation trail is an option, although if seeking reward, perhaps not the best.
Cheers for the feedback!
how did you miss that one?
Dunno, it's just not on my mind I guess 😛
I don't think they will choose c to curate. This will cost to much time with a revenue that will be to low. Especially if you look at the time spend in relation to the revenue.
Option b another dapp will most likely only be chosen if that brings a nice return. I don't know if these are available.
Option a selling votes at the black market could be their best alternative. You actually only need one active Steemonian and upvote all his posts + comments. And that Steemonian then needs to transfer (for example) 75% of the Steem revenue to the whale.
If someone is a little active him/her self, then I would go for option f and self vote as much as possible.
I think a few investors are just in Steem to gamble on a very big increase. They probably won't stop gambling and just go for some dapp with a little return.
Investors that are only in with a small amount purely for the money could power down and turn for example to EOS.
This is my hypothetical answer 😁
'They'? I'm asking you :) Not much time to set up an auto on 50 of your favourite authors really...
B would need to show a least some return for most, but it's nice to delegate to projects that support the community and don't provide a return.
Selling votes via memo used to be popular and quite obvious - this was at a time we had 'good' whales who would take action.
I can't believe I missed selfies off the list :D
Thanks for your feedback!
To be honest I never understood why there was a black market for vote selling since it was much easier to upvote your own comments. All one needed to do was write 10 comments a day. But maybe I'm missing something.....?
My main delegations are to @steem-ua @steem-ambassador @actifit @adollaraday @promo-mentors and @oracle-d : mostly because I think they add value (both in financial and community sense), some of these could create a demand for STEEM and help the currency appreciate in value. So my answer is (E) having a preference for (B) and (C). I might power down a bit when/ (if) we hit $4.50 again, as it might be sensible to take a bit of profit.
Sound delegations for me, and i like those choices.
I'll certainly be looking to take some off the table if/when the next rise comes too.
Sounds good! Will you be looking at @p r o m o - m e n t o r s?
Jk :P
I would go with E- a mix of the above.
Two of which I do now- curate and delegate.
I have never used "bid bots" and never will. All manual curation.
A mix is fair isn't it? :)
What's this qtip account? Do they up-vote all your comments? :)
Qtip is an upvote account for staff and moderators of qurator. I'm the newsletter writer so I get... I believe, one qtip upvote a day on a comment I make.
Ahh, that's pretty cool :D Thanks for the info!
F. Already doing it. I'm not using bots as I want content to rise on it's own merit and I'm powering down, not because I'm moving it off platform, but just so I can move it off platform when needed just like the speculators who seem to always have the last word. Kind regards.
I wonder if I should have more liquid in case something exciting happens to the price, but for now I'll be sticking to the speculation that SP is a good hold. Cheers for the resteem!