RE: On Recovering From This 'Crash' in Crypto Prices. Why Invest In Steem? SMTs, Reinventing Our Image & Building Steem Co-mm-Unity!
Thankyou! The bidbots really steal a lot of the passion from the network - we lose the competitive driver of creativity when we know that the most exposure is bound not to great ideas but to the size of the wallets involved. We could have a space where people really prize the ability of getting onto the trending page because it really does mean their ideas are great - but instead we have a much watered down version that is just .. meh.
I think the reason why there isn't a block on self-votes is that it is simple to just create a second account to upvote yourself from and bypass the block. Your idea to diminish the voting power if we keep voting on the same account is interesting, but it can still be bypassed (and would be bypassed by those with intent to do so). I could actually create an app that you pay $50 to and then it will create you a bunch of accounts that will upvote each other in whatever way is necessary to bypass the limitations you are thinking of introducing. I think we are a bit stuck here without either: a) some kind of machine learning that can detect circle jerking or b) oracles that can reliably enforce 'one account, one human' or something similar.