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RE: Safe Steemit ~ 1 Day Voting Moratorium for the Whales
I agree with the majority of what you're saying. However, if Coke or Pepsi (on our wishlist) someday wants to buy a lot of STEEM to Power up, so they can post Corporate Announcements on here.. we want those types of whales coming in to promote their own stuff. This will buy up a lot of the liquid steem out there.
It's a difficult problem. If it goes to all minnows and dolphins, it can be bad. If it a goes all to whales, it can be bad. We need a self-adjusting vote regulator that dynamically responds to the daily trends. That requires an artificial intelligence module to learn and watch. That may take some time to make I think..
BTW, sorry I saw the post a day later. :(
I'm not saying we never need whales, or that they have no function ... I'm saying that right now roeland is naive to think that steemit is indeed decentralized; 30 people deciding everything is not decentralized ... and that's why there are so many bad results
I'm not panicking either, because I see a lot of the whales did lower their voting slider, be it more like 30-50% instead of the 1-10% as they should, but that's already a significant improvement compared with just a week ago
the promoted button didn't do much, it's too early, that's for when pepsi and cola actually come in
but the voting slider seem to be doing the trick ... because the whales can now vote 'smaller', which is needed ... and at least some of them are doing it, so ... it will improve, but I wouldn't mind if it were to improve faster, especially because the solution is so simple
Yes, using the slider does help. Even for me. If I feel really good about a post, I upvote it 100%. If I'm a little "meh", it's a good post, just it doesn't have the full force behind it, I go to 30%. If I'm on the fence.. I see the value, and think it should be voted, but I don't want to cheerlead it on, I give it 50%
So my mood greatly affects my slider. Each time I slide my slider, I'm kind of waiting for someone to call me out on my decision, which I could qualify each time if they did... but luckily no one does that.. and I don't have to.. :)
The slider is something that may be key, I agree. good post.