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RE: Looking for a good Bidbot mathematician

in #steem7 years ago

You know what, since your post i've been wonder just how much 'free float' is actually available each day too.

If you take out the bid-bots, utopian, dtube, dlive, steemit and other non-voting whales, what's left of the pool?

It could be a decent utopian-io analysis and I think the guys above or @crokkon / @lextenebris could do it justice too.

I was chatting to someone earlier about things on a more general level, and comments like 'you get what you get each day' and 'the chance of whale vote has gone' were some of what was said.

Did too much get pushed to the Dapps too soon? Is it delegations to Bots that's done it? Or is it a case of jerkus maximus + TA guy?

Gimme a pie chart someone :D

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This is what I mean, I have no idea what is actually available for the other 98 odd percent. Even the basic numbers are well out of my skill range. Just to see what happens on 1 average day would give a huge amount of insight.

Many whales who used to curate are making more with less work through delegation, the dapps are often narrow in their spread or 'random' and there are several very obvious vote trading circles going around.

I feel like every time I post about this I am digging my future here deeper into a grave though...

Perhaps I should just post photos.

Perhaps I should just post photos.

ha!

It's a popular road to the dark-side, but I wont link any 'community' giants :)

Someone will have a look at this though I'm sure, i'll start throwing the post at people tomorrow :)

I had a go at this yesterday too.

Final conclusion is that over a week there's 53 cents a post available.

That leaves nothing for comments, and probably a whole lot more.

How do you 'feel' about that number?

I think we should consider ourselves lucky to be doing a fair bit better.

It doesn't look that good for the new sign-up though, and I think it's a case of investing or focusing on one of the d-apps or utopian.

Of course the price can go up, which can make the number multiple quite quickly, but perhaps a higher reward % needs to go to curation to try and lure accounts away from bid-bot delegations.

The problem I see with more going to curation is that the bots will adjust, offer less but gain more in curation. Does it change anything other than take a little more away from content producers? I was very supportive of more to curators but, the major curators have given up on organic discovery (and voting almost entirely manually) which means new users and users not already gaining a lot of support are still unlikely to be found. That is my intuition on it anyway.

The goal would be to persuade bot delegators to to return their SP and go for curation. I'm not sure if switching the %'s could solve that in anyway though.

And yes, it doesn't change much for new undiscovered creators at all. Which is why @curie, @ocd, + other curation teams remain so important, and should, in my opinion, also receive some of that steemit dSP.

If you want a good comparison go to the T/A's page and then visit Andrustovius page. He is very good and is growing with around 250 followers already. He upvotes comments and if you want any info does the charts for you same day. Some cases tonight within a few minutes. He is not making $100's off his posts but cents. Just hope he grows but he is frustrated and he is the real deal. The site needs more of that type of person.

I've been wondering myself just what 44 million of parked SP (the steemit account's current stake) plus another 12.5 million parked SP across 14 accounts ranging from 341,000 to 2.2 million SP might mean as far as the reward pool goes.

In between those accounts are others who are mostly delegating their SP (so don't have a whole lot more than that to upvote with—if they chose to). And then you have everyone's favorite TA's whale buddy. So, misterdelegation and freedom are the ones primarily delegating their SP to either apps or bots. hendrikdegrote is delegating most notably to sweetsssj but he also does a lot of upvoting in the curie curation trail. The steem account creates new accounts and delegates SP to them. And then thejohalfiles just recently delegated most of theirs to smartsteem and utopian-io.

All told between parked and delegated SP, that accounts for around half of the steemitboard designated whales and a few of the larger orcas.

@paulag had an excellent analysis about the unused Steem and its potential impact on the pool: https://busy.org/@paulag/the-impact-of-unused-steempower-on-the-rewards-pool-blockchain-business-intelligence

Thank you for pointing this out to me. It always seems that someone else sometime has had the same question (maybe even multiple times).

I've read through the analysis she made and basically got that the reward pool empties out if even one person sitting on vast SP holdings decides to employ it.

Then, lextenebris counters in the longest comment I've ever seen (even long for him, which is awesome!), that basically, you can't drain the rewards pool, it just dilutes the worth of each upvote down the more people vote. Or something like that, since each vote, especially large votes, move the reward pool in different ways. At any rate, no draining.

But then freebornangel comes in redirecting the conversation back to where paulag's post began, with whether or not the rich here keep getting richer and the poor at best stagnate and how hypocritical everyone who suggests otherwise is.

So, if I can summarize completely, it's better that the vast reserves of SP don't do anything, including delegate, because then the rest of our upvotes are worth more, which I think affects what @tarazkp, this post of yours is about, right? :)

even long for him, which is awesome

I think you haven't seen many @lextenebris comments yet. :D

But he is correct, you can't drain the pool as such, it's constantly replenished. As you correctly summarize, the more SP is actively used, the lower the upvote rewards per vest are.

So... let those sleeping whales/distributors continue their hibernation as long as possible, please. :)

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