Gonna sell all my votes ๐Ÿ”œ

in #random โ€ข 5 years ago (edited)

The madness has gone for far too long. So many have shot past my position just selling out. Should have done it a long time ago myself. As should you, so more will make noise and Steem can go to hell quicker.

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It's really hard to understand how someone capable of creating this blockchain and site can be so indifferent to what happens to it.

Look this is an internal stakeholders battle. 2500 people hold more than 5000 steem.

This has nothing to do with long term success. It is our own people fighting over our own inflation.

I know it is personal to you guys, but it has nothing to do with bringing in new people or new investors.

I think that co-founder you speak of, doesn't know how to get things done, but even if this change goes through it does NOTHING for onbaording users or Investors. Surely you have to see that.

You're including me with that proposal, but I'm not a part of it. I don't agree with the economics of their proposed rewards curve (I think linear was an improvement over what we had before), but I do like that they are proposing some changes that they feel will improve the system overall. I was simply commenting that the people who built Steem/it seem to be content to let it spiral downward, which is a shame. I agree we need new users and investors.

Yes, I was including you. I see where that was an assumption.

God created this world, indifferent to what happens to it but it's because this is hell. If God can do it, nevermind that wouldn't be true. Indifference is a good sign, anyone who is indifferent about something of this world, is with the Lord & God, God willing. There is so much more in the realms we can't sense well if at all, I am advised they all exist in this same space however unlike anything we know. Anyway, indifference is Good.

God willing, all things are possible, even theoretical physics and the Loch Ness Monster.

The Catalyst.Leaders of starfish organizations are vastly different from traditional executives. A catalyst is any element that initiates a reaction without fusing into that reaction. In open organizations, a catalyst is the person who initiates a circle and then fades away into the background. They generated ideas and then allow the circle to follow through. They get a decentralized organization going and then cede control to the members. Letting go of the leadership role, the catalyst transfers ownership and responsibility to the circle. The catalyst is an inspirational figure who spurs others to action. Circles donโ€™t form on their own. A catalyst develops an idea, shares it with others, and leads by example.
The Starfish & The Spider

I guess they've just decided it's SMTs and nothing else matters until it comes along

ย 5 years agoย (edited)

Yep, drop me from your vote cycle, I get it, I though if you upvote your post 10 times a day you would be better off then vote selling though

one reason i haven't sell is to avoid paying a middleman, but i can't post 10 times a day without losing my sanity though lol

start your own vote selling racket and charge me 5% lol.

Check with acidyo but i think there is no middleman to pay with OCDB. I'm grateful for your vote and impressed you've lasted so long :D

Do it ! Get yours first ! I feel like this should be resteemed if you approve ?

haha go ahead, ive been saying the same once every few months

ย 5 years agoย (edited)

Do it don't do it... Which internal circle jerk do you want... 25/75 or 50/50 who gives a shit... 2500 people hold more than 5000 steem.

How about we find some more... 2 billion people who use social media don't give a shit what these guys do with selling their votes or not selling their votes.

Certainly a sobering perspective... There is something here I believe, but its not going to see the light of day by simply tweaking the current approach to gaming the system... Exporting adventures in exploitation is a tough sell, even when it's free to start... It's great for drama though!

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Lol. Well i suppose votes sold are preferable to votes purchased. Everything is already in hell silly, that's where we are, I can't believe that Devil character, it's like he was raised by wolves, just lets people run around thinking they are in a better place than the eternal internal inferno this is. Rude but I suppose he is a Damned Fool.

Lol why are you still holding STEEM?

potentialll

yup aware of that, just there's nothing much else interesting in crypto + still small enough to steer the ship.

Please for the love of Puppies, sell your votes!!!

When we are done fighting each other on jealous orcas and whales maybe we can look to get something done and market to the rest of the world that isn't one of the 2500 people who hold Steem.

If you think the rest of the world didn't come because they are sad about whether or not you sell your votes... (insert so many face palms here)

Sell them don't sell them... change the math.. Yawn... nothing will change.

Because no one knows we are here. We spend all our energy fighting internal battles.

I think you mightโ€™ve projected too much into some of our motivations and demotivations here. The ultimate foundations are maths and logic. Markets learn over time, and nobody except fools will park loads of money into something that doesnโ€™t make sense on a fundamental level. Getting more onboard is the easiest thing to do with celeb marketing at some point when things are more mature under a minimally functioning economy.

The rest of the world didnโ€™t come because the microecons here is out of whack and the misalignment is causing more misbehaviour than necessary, dropping us out of top 1000 web traffic. Itโ€™s straight up not working as a content discovery and rewards platform, which arguably is the only edge Steem has. And numbers matter in design, not in absolution, but in relation. If Earth is orbiting an extra hundred thousand miles away from the Sun or rotate a little bit quicker, weโ€™d all be frozen by now.

I agree there way more things to do other than arguing about this, coz itโ€™s a very low bar problem that ought to have been rectified much sooner. But to say nothing will change from intelligently designing the incentives and disincentives is kinda ignorant..

ย 5 years agoย (edited)

Nah, people didn't look to invest and walk away... They didn't come and they aren't going to... Because they have no reason to.

We haven't done anything interesting, We haven't built anything and all of our stakeholders are either not here or trying to figure out they can stack more than the others.

We both know there is no external reason to do this. 2500 people fighting over the inflation and hoping someone else will promote or reward those who are actually trying to make this work.

I'm for the change, but to pretend it will bring in outsiders is ignorant.

We haven't done anything interesting, We haven't built anything and all of our stakeholders are either not here or trying to figure out they can stack more than the others.

Coz the microeconomics ain't right here. Everyone new coming in has a much higher likelihood to leave because of it. The fix isn't something that'll automatically bring outsiders of course, but a functioning content discovery and rewards platform would by far do the most work.

There is a dirty little secret about curation %, it can be circumvented via a secondary market. So in theory people are free to kick back curation rewards (which some bid bots do) and author rewards and reach their own %.

In practice, with a certain level of free downvotes, the official curation % will likely prevail in that it'll determine economic behavior.

The idea behind all of this is to leave as much behind for the author as possible while using a combination of bribes and deterrence to get the stakeholders to actually vote on what they like rather than take their own vote rewards (either directly or through selling them). Curation, free downvotes and superlinear are just bribes and deterrences that are necessary, but we want as little of it as what's minimally sufficient, as they all have downsides/costs.

Superlinear makes it more difficult to place an exact value on a vote per SP as it's value is dependent on the future popularity of a post. This makes it more difficult to just vote on something that's shit, as you'll likely get more from curation if you vote on something that'll become more popular. More importantly, it also forces all profitable behavior into the light. You can't spam 5c micro votes across thousands of accounts using a bot and avoid detection. Well you can, but due to superlinear, you're doing it at a loss, because 50% of something popular is more profitable than 100%% (as here you're both curator and author) of something thats garbage.

That's the explanation and solution to your concern / observation over what those 2500 people are doing. Just about everyone's here to make money, and telling people to stop being greedy doesn't work. It's just a simple economic alignment problem..

2 billion people on social media and a handful here. People and companies putting billions of dollars in.

lol... Macro Economics. I'm not telling you not to be greedy... Please be more greedy.

https://steemit.com/busy/@whatsup/my-challenge-to-the-50-50-crowd

Nice of you to stop by once in a while to make threats.. (sell them already, no one will mind)

The investors are not passengers, want to improve your investment? That's cool! Do it!

Yeah, nothing changed here for a year. Might as well get that free steem ๐Ÿคท๐Ÿผโ€โ™‚๏ธ๐Ÿคฃ

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I think this will be a good decision. And if you sell your votes in a low rate,many people will know you

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That seems the way to go

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Just HODL and not lose hope, steem will be fifty cents soon we will get rich @etherpunk

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