RE: On Voting Bots
What would happen if everyone were to start buying [or selling] votes.
The price would go up. Eventually it would balance to a point where the total profit in the system was equivalent to the friction of powering down.
And so with our outward facing page, we have Bloomberg calling our content 'low quality'. Imagine them looking in if @curie or @ocd boosted posts were at the top (like in the old days) - a different story for sure.
So we should fix our outward-facing page so that it features the top content of the best curators, rather than whatever post was voted the highest. Getting rid of bots won't make Trending significantly less stupid because Trending is a fundamentally stupid concept. Look at its equivalent everywhere else in the world. Instead, let's make a frontpage that's user- and community-driven.
If I compare @crokkon's analysis today with the price charts I'm seeing a 3 month low in price at peak bid-bot usage. Unless you are willing to support your claim with data, sorry, I disagree.
See my post today for a novel way to order Trending/Interesting, equally gameable as it is at present. Got any ideas? We could try and model the results.
I don't understand what this has to do with what I said? When I say "the price would go up" I mean the price of votes, not of Steem. (Also you're going to see peaks in bot usage at Steem price dips because of the way the feed price works. When people know the feed price is going to fall, smart ones stop buying bot votes.)
My idea - which I am totally not willing to do the work for so I'm just bullshitting here - is that there should be a Curie-style curation community for which every active post is eligible, and their output should be the front page.
I don't think anything automatic will ever be satisfactory.
Sorry, that wasn't clear. And you can buy votes with SBD or STEEM.
The rounds are pretty full, and have been for 5/6 months now.
As per the comment on my post, a lot of @curie voted posts used to hit trending - some call it 'the good old days' :)