RE: Huge Loss in Whale Power: A 6+ Month View: Distribution Is Really Changing!!!! Facts On Paid Bots Too!!!!
I took a look at the bot stats. I don't think that's even a fraction of the existing bots, for one, secondly, each bot carries delegation from hundreds of accounts, so they still direct a disproportionate percentage of the rewards pool. Not to mention, many of the bots have autovote followers, to make it look like multiple votes. Then you have to factor in the votes that follow those bots to make curation. I think there are a lot of considerations here that you're missing. As to the shift, we started 40,000 new accounts this week. Each of them gets less than a penny in vote power, but of course that causes a shift, down. Unless those accounts can truly hope to be voted on fairly and gain rewards, it won't matter. Most of them will be gone in less than three months, leaving much of that SP in ghost accounts that sit unused. I wish I could agree with your assessment, not only that, but the whales earn 20% of the rewards through vote buying, and they don't have to risk any downvotes. It is a problem. I wish it wasn't. But it is.
Placeholder reply so that i know where to look for this later. Chockfull of good points to consider here. There are a lot of angles on votebots and how best to dimensionalize them for purposes of analyzing their impact. ive been trying to compile the facts and hope to be able to draw some kind of conclusion .
Yep. I'm new, fed up with it, and ready to leave. They say the whales aren't going to keep taking all the money, but new users quickly find out otherwise. And yes, I'll leave my little SP sitting unused in my ghost account when I go. Contributing good content means nothing here.
Don't leave just yet. Head over to @dolphinschool and sign up for the bootcamp. I'll help you get started. Right now, it's tough, but the price is way down (but coming back up) so people are not on right now and the vote buying is something new,but I think it will fade too, it's getting to be more expensive than it's worth.