RE: The Economic Theory of HF21’s EIP
Now just get rid of delegation. It has zero positive impact. 50/50, rewards curve, and removing delegation could make this place worthwhile to use again. Maybe.
But with delegation and the bid bots still being a thing, and votes being diluted to the point where you need to power up 1 million STEEM for your vote to even be worth a measly $20, I don't see this place as being worth it to be tbh.
Unless, of course, you delegate to me. Then it's fine. I promise to only upvote my own 10 posts a day at 100%, but at least I'm honest.
And to the people who are gonna say: "But the price of STEEM is so low, that's the reason!" I say that the situation was much better than what we currently have back when STEEM was worth 7 cents, so no, it's not the price of STEEM, it's the internal economics.
Your self votes could end up being the ticket to riches. After all it is an automated choice,, at least I think it is still a setting option to self vote post, with the 50/50 split, if no one else even knows you made a post, then you get to keep all of your self vote. Assuming of course your vote is greater than a dust level vote.
If you use further automation to vote your own post at the very last possible time to up vote a post then you also do not even need to worry about being down voted on that particular post. Just think of the riches, one post, 9 grumpycat type comments on your post, and an auto script to up vote all 9 of your comments at the last possible minute, day 6 18 hours I think, and you can laugh all the way to the steemit bank.
So if your vote is worth 20 dollars, then that would give you 200 dollars. Then again I could be completely wrong about how voting works.
And remove posting key. Because you can send posting key to bidbots.