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RE: 50/50 curation and bots getting more?
I was smiling when I saw this as this is a huge opportunity to double or triple my curation rewards. I think users would have to take curation more seriously than they do now and I honestly believe posts would earn more.
People will at least have to work out the better option for them as at the moment, it is obvious.
Why would a post earn more? Vote sellers would start to curate more instead? One requires voting, while the other, selling votes, requires no work and just completely passive income. Still seems like vote sellers who just want to see returns while doing nothing would still do nothing to get returns.
Because of manual curation. It would be much more profitable to vote yourself than to sell your votes to a bot. I think they would see the huge difference between the two. If this did change you would expect to see around 10 SP per 1000 SP held per week if you are good at curation rewards and maybe even more.
one of the large stakeholders who is pushing for 50/50 has already stated he would buy more STEEM and run more Curation BOTS ... if it was 50/50 .. so where is the increased manual curation there? So the content creators take the hit while stakeholders run more bots.... makes perfect sense.. NOT
What he is saying doesn't make sense either then. Why would anyone put money on a bot if it would be a loss. You stick 10 Steem on a bot you would lose too much. I can understand bots thinking they will make much more, but who would be stupid enough to use them.The losses would be too big.
he's saying that running a curation bot now loses money.. so change the curation to 50/50 and he can make money. That tells me that the argument is about how he can make more money and doesn't matter that the content creators take the hit.
as @lordbutterfly has spoken about ... while the DAO at the moment is not taking anything from the reward pool, you can expect that to be temporary. The blowback from the community when it was announced that the DAO would be funded by reducing authors rewards was strong, so they altered course.
Anyone listening when that announcement was made should have heard the follow on comment that it was expected that the reward pool was going to end up being used. You can bet when that happens it will be the author rewards which will take the hit.
So, if in the meantime, the authors take the hit on curation being changed to 50/50 and then take another when the DAO makes the inevitable move, how many content creators do you actually think will remain?
Only the most dedicated creators are hanging in now.
Ok. Then this needs to be thought out properly if that is the case. Nothing is straightforward on here and we have to look at how things could be gamed.
But you're not taking into account the fact that under 50/50 the return is less and the risk greater OR the fact that under 50/50 the curators earn 2x as much as now so that makes it much more enticing to spread your votes around than to simply self vote (because of the risk of flagging) and people would simply be more incentivized to curate, regardless of who curates now automatically or otherwise.
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Yeah, but what are you going to curate, if the content creators realize it's not worth making content?
Personally I don't care anymore, the 50/50 would be great for me as I only use autovotes, but I still think it would hurt the creators.
Now instead I post on Whaleshares and I'm having fun :) But I think it's sad that it has come to this, I've lost touch with a lot of awesome Steemians.
The content creators will still keep posting. I think the ones who carry on will be supported even more than before. think the likes of steem auto will be used a lot more and vote selling will diminish. I don't understand users who sell their votes as they are just throwing Steem away taking an easy option. It takes half an hour to set up enough upovotes and the returns are much ore.