People forget the steem roots -- and I'm not kidding. Steem $3.50/steem is easily done again

in steemit •  2 months ago

But those milking the system, need to take some of that milk and re-distribute it to where it belongs.

community-of-steem-not-a-cashcow.png

If you want to build a community -- you don't just do it with algorithmic code changes.

This is important. Very important.

When steem was first created, it was designed to be the first social network, where the users of the system, who created content would benefit. Good content, held value. Curators would benefit by noticing and upvoting good value.

What's changed?

Exploit opportunities.

Why have exploit opportunities exploded in number? Because good content and value isn't rewarded often enough.

Now let's look at something we deal with in everyday life...

Countries and governments are obeyed and considered to be respected in value... because of consensus...

(BTW, these are the types of blog posts Dan Larimer use to write, before he forked off and created EOS)

I repeat:

Countries and governments are obeyed and considered to be respected in value... because of consensus... by the majority of the population. That includes citizens, taxpayers, police, courts, the whole infrastructure of what a state and government is...

Most people respect the authority, and mission of government "enough"... that they don't overthrow the government. They don't hold justice in disrepute.

Granted... every time the price of goods goes up, and there are more deductions on your paycheck, you question yourself on how much you are paying vs what you are receiving back in benefits from our current system.

Let me make the obvious more obvious:

The bidbot, upvoter bots, and SP hoarders today who support these systems have realized:

  • It is more profitable to make money supporting the deficiencies in steem than it is to write their own blog posts, or curate good blog posts by others...

I don't fault them for that... it works.

I fault only 2 things:

  • The algorithmic design of the system to not account for these types of profitable deficiencies
  • The lack of word, from the CEO himself, commonly known as Ned, who does not blog even in a small way, as Dan Larimer use to...

Now, with my prediction intact, many of you may never see this post. We have so many reward pool rapists ready to shut down the slightest bit of negative word by anyone...

BEFORE YOU DO - AND YOU KNOW WHO YOU ARE

...The point of this point isn't to "out" anyone. (Notice I didn't name names, projects, or bots) -- with the exception of Ned and Dan Larimer?

...the truth here.. in the less than 100 readers I'll have on this post, is to explain how we got here... what the motivation for abuse is... and why people turned to abusive profitable tactics rather than use the system as designed.

DID YOU KNOW?

  • Many bot owners today... came on the platform originally as really bloggers (just like you)... and really wanted to believe in the design -- they created good content... waited for upvotes and followers too?
  • These same people, when they didn't get the upvotes and followers they wanted, looked further and realized... there is an easy way to milk the reward pool and the entire steem blockchain.

AT THIS POINT, WE HAVE DISGRUNTLED BOT-FRIENDLY USERS

  • What is a disgruntled bot-friendly user?
  • Someone who has feel cheated by the design, and the rewards they should have deserved, and created a new way for them to get properly rewarded.

For the steem blockchain to hard fork to where it should actually be....

Is not the introduction of a new feature or service...

But to solve the disgruntled bot-friendly user problem.

...and Ned... and those who are his close circle...

That is the real problem that needs to be addressed.

Why do we have anti-steem bot-friendly and scammer-friendly exploit driven services milking steem like this?

community-of-steem-not-a-cashcow.png

....they exist for one sole reason:

...and listen.. when I write this.. I am not guessing... I've met some of these avid milkers...

  • What was sold as being "good value content" and "curated properly" never materialized properly.

  • Renegade bandits (akin to those who over take a ship in high waters) were not stopped by downvotes

....they soon said "fuck it" (and I am not one to use profanity easily)

....these same people recognized the system was broken... no one was fixing it... other people were milking it... and so they decided... while everyone else milks for free.. why don't I?

...and milk they did... and milk they continue to do... RIGHT NOW... as you read this...

STEEM value could easily be worth $3.50/STEEM for the content, interest, and value it creates.

The only reason why it isn't... is you have leaches and milkers milking its available exploits.

So if you want to stop the hemorrhaging....

Don't try to find your milkers and stop them individually...

IT AS SIMPLE AS THIS:

Find the reason why they find being pirates and liquidators to the system is more profitable than holding allegiance, supporting, and using the system the way it was designed.

If you can solve that problem... all milkers will stop. You won't have to search them out, nor will you have to sell them reasons why what they are doing isn't profitable long term.

The one thing a milker knows.. he's getting milk today... without worry if there is milk tomorrow

NOTE TO MILKERS, AND THOSE THAT HATE WHAT I'VE WRITTEN

  • If you truly want to see a sustainable platform, go long term...

  • For your powerdown holdings in SP to be worth something significant someday (not 0.50 cents, not $3.50, but $30)....

  • ...then avoid downvoting this post. Do the opposite. Upvote it, re-steem it, or at the bare minimum leave it alone... untouched. Maybe what I've written will give food for thought to those who can fix what is broken.


Deep thoughts by @intelliguy -- shared openly without support of milkers could use your upvote, your re-steem for this post... or even a witness vote for my non-top50 witness named @intelliwitness

I write what a lot of people know ... but will never say. :)

Thanks for your support.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

people are doing whatever they can to eat! that's it!
however or with whatever!

Nice post only a #steem for value!
The deficiency on #steem is not from what you see.
It is more from what you do not see.
For some steemians, spending their #steem is natural.
Now #steem worth not much so you need more to get a decent
amount of dollar.
Hope #steem does not go down to zero.
Keep on postin'

·

The deficiency on #steem is not from what you see.
It is more from what you do not see.

This is a very excellent point. I like that.... I happily upvote you for that great comment!

I’m not convinced that blogging has an important place on the Steem blockchain going forward, let alone the much, much smaller subset of “quality” blogging. So many new apps and so many new use cases for the blockchain that steemit.com may well become a backwater.

Oh, I still blog here and like to think that at least some of my content rises to the level of quality, but this “blockchain of opportunity” has so much more potential than just another blogging platform.

·

I believe Steemit will become the defacto Fiction blogging platfrom.

·
·

Actually, nope, a defacto fiction blogging platform, was announced at SteemCreators, in Toronto, last week.

In the witness channels, the discussion tends to turn to @preparedwombat's point, steemit actually needs to just be turned completely off, with it would go the trending debacle, rep, which the other dapps barely even notice or use and all the new dapps and sites will and already dont resemble the "reference prototype" that is now steemits' 2004-ish era style of site.

Steemit is done, time to turn it off and use steempeak, zappl, steepshot, dtube, dlive, dsound, wordrow, and on and on and on.

Stick a fork in the now stale, never updated, completely inadequate steemit inc offering.

They can put up a MARKETING site in it's place, what a concept! and keep the wallet functions maybe, at most. And even those suck compared to newer options.

·
·
·

As long as steemit and busy are free to use (charge no fees), steemit will not only live on, it will remain the most popular interface.
Also, they are registration gateways for STEEM.
I expected you to remember the utopian debacle.
Steemit and maybe busy too is also the safest interface to use.
ned's/STINC's stake in it is a collateral for its propriety.

·
·
·
·

Quantum leaps in growth are not an exception in minuscule enterprises.
You ignored steemit's being free to use.
When you write that "We do NOT need them" about steemit, you meant the owners of these competing enterprises, however "we" the users need them because "We" the users do not want to share our already tiny income with an additional party as long as "we" have a choice, which steemit is.
You also ignored my mention of the utopian.io hack.
Why should "we" trust strangers to not abuse our permissions over our accounts?

·
·
·
·
·

You got a 50.98% upvote from @luckyvotes courtesy of @slowgrow!

·
·
·
·
·

You got a 100.00% upvote from @whalecreator courtesy of @slowgrow! Delegate your Steem Power to earn 100% payouts.

·
·
·
·
·

You got a 100.00% upvote from @sleeplesswhale courtesy of @slowgrow!

·
·
·
·
·

This comment has received a 50.00 % upvote from @steemdiffuser thanks to: @slowgrow.

Bids above 0.05 SBD may get additional upvotes from our trail members.

Get Upvotes, Join Our Trail, or Delegate Some SP

·
·
·
·

steampeak is RAPIDLY killing steemit in adoption, there are half a dozen other ways to reg already and when HF20 arrives around sept 25th and is implemented by us witnesses, it brings the complete and total end of needing steemit for reg at all, which they have failed at anyway with multiweek waits, 25 thousand account bot rings with literally sequentially numbered names, and on and on, because the current reg delegation reqs completely flip the script at that point of HF20 without breaking down on a billion details around that here in a comment, it's all in the docs already anyway.

We do NOT need them, and I say that with tenure and technical wisdom and experience both here and in a 35+ year tech career in which I myself am in an executive ownership role over a large scale multi million dollar app. This is literally what I've done for a living for 4 decades. Stinc needs to get out of the fucking way with it's amateur newb management and let those of us out here do what we are already doing anyone, without this stain on it.

·
·
·
·

You got a 100.00% upvote from @luckyvotes courtesy of @slowgrow!

·
·
·
·

You got a 47.46% upvote from @whalecreator courtesy of @slowgrow! Delegate your Steem Power to earn 100% payouts.

·
·
·
·

This comment has received a 48.39 % upvote from @steemdiffuser thanks to: @slowgrow.

Bids above 0.05 SBD may get additional upvotes from our trail members.

Get Upvotes, Join Our Trail, or Delegate Some SP

·
·
·
·

You got a 66.67% upvote from @sleeplesswhale courtesy of @slowgrow!

·
·
·

I don't necessarily mean Steemit the front end. I believe this platform, which can be accessed from Steemit's frontend, Steempeak, Busy, or whatever you like, will have a strong fiction presence.

I do think all the other aspects...... zappl, steepshot, etc.... combined make Steem unbeatable.

Will you tell me what defacto fiction blogging platform was announced at Steemcreators last week?

As for rep, I think Steem-ua is onto something with their User Authority thing.

·
·
·
·

Yes, its called Wordrow.org, and it's not released yet, so if you look at that domain, you'll see some old experimental shit, that has no bearing on the soon to be released "real" thing. It really should still have an under construction sign up to be honest. I'm on the team helping produce it, from The Writers Block and @noblewitness, as its part of our three part writing community, author/reader site and real world incorporated publishing company platform.

Steem UA upon dissection just moves the circle jerk from voting to following. Don't be fooled, it solves nothing and creates bigger problems. They tried it for years with klout.com and it's a fail.

rep and related metrics are useless and just move the gamification over a notch. Thats why most dapps and pre-blockchain apps dont even bother with it.

·
·
·
·
·

Thanks for keeping me in the loop. I really look forward to a site that is specifically for us fiction writers.

If you need help with any part of it, let me know. I write fiction pretty much constantly, and I could do my best to lend a hand if need be.

I'm keeping a careful eye on some of these Circle Jerks. Sometimes it's hard not to be fooled when everybody jumps on board a new train.

·

Agreed, I spent most of my first year here, writing - a lot. As a business owner, my time does not come cheap. As it stands now, there is no point to writing LONG blog posts that no one will read - that is just the truth. Happy Steeming everyone. :-)

·
·

To this I say, only, welp, there was no point in writing them on wordpress for the last ten years either, unless you were selling google ad shit and needed to get 10000 keywords in the page. So I have always scratched my head at those around here who thought anybody was ever gonna read them. If humans really did that, facebook would be a public library. Not a public dump. Doesn't mean this place hasnt been fun for a couple of years tho, as a place to socialize.

·
·
·

It has been a great place for the social aspect-very cool in that respect.

100% on the money.

It needs to be about community. It needs to about the community for our Steem coin to go up. If each individual makes it about themselves, and not the community, then we may never see the meteoric rise that we know can and should happen with this coin.

The reason that these milkers continue to milk is directly because the large SP holders and dolphins as well don't check that valueless crap. That's why people are trying to reason away the benefits of automation and when their myths are blown out of the water they have shit nothing to say, that's why when I've suggested a quick fix to promotion bot problem of changing the home page to the promoted page in turn highlighting an unused function they had shit for nothing to say. It's a sick mentally where people are willing to bend over backwards to appease abusers and recoil with their entire presence from solutions. The insane reasoning behind automation comes with all the apologetic and pathological nonsense that VP is wasted happens because thinking outside the greedfested postulate they call themselves comes rarer than feathers on swine and as in the allegory of the long spoons, those that exclude others starve, only by feeding one another can you thrive. There's no place for automation in Curation, it devalues the entire process, and equating the freely given voting power to donating something only makes me think about what pathological distress you suffer from because it's as charitable and self sacrificing as offering people your table scraps.

·

There's no place for automation in Curation, it devalues the entire process

and is the one reason the platform has gone to hell. The more price drops, the more the top table think of nes ways to 'incentivize' us bottom feeders to post. The dolphins only care about auto curating their mates and keeping their income swirling around their own circles whilst the plankton fight for scrap 'incentives' thrown to them.
Steemit is a cesspool of greed

·
·

There's some of that and there are people who are really trying to build something. Unfortunately the greedy may outnumber the altruists for now. We need to encourage the better behaviour and discourage the 'milkers'. Not easy when some have massive sp

·
·

steemit is not steem.

Some time around 2004 or 2005, I was a night-time graduate student. Since I attended part time and at nights, I barely knew any of my classmates. At the time, facebook was only available to people with a college e-mail address. I got an invitation, checked it out for a couple days, and lost interest when I realized that there was no one there that I knew. I stopped signing in and just about forgot all about it.

Around 2008, facebook was open to the public, and I got another invitation. I had lost my original e-mail account, so I created a new one and signed in. This time, I signed in and saw people from my family and my high school and my undergrad college class. I still use that account today.

My point is, it's not just the content and the rewards. Maybe it's not even primarily the content and the rewards. If other people are like me, what matters may be having people that they know here to greet them.

Not sure how you solve that problem, since there's a chicken and egg dynamic to it, but I'm not sure how much anything else matters if you don't get past some threshold of user "familiarity".

·

Agree to this. The key thing for the Steem platform is still the social element. It will be great if we have all our families and friends also on this platform.

Content is secondary. Because we have different Steem dApps catering for different use cases. People can post junks for all they like on dMania but there are also dApps that are meant for quality stuff.

I am hoping HF20 will bring more leisure users onboard when account creation is easier.

Posted using Partiko Android

Downvotes have got to be used more liberally. People don't downvote at all, thats how the rent-seekers get so prevalent.

See a shit content that you think got paid too much (because vote bots), downvote.. But really speaking If i were to do it i can hope to never see a payout for the next 2 months.

·

That's because downvoting was never intended for us to use but for @ned and whales to use, as we couldn't effect anything with our downvote to actually make a difference or keep garbage in check. About a year into the Steem experience there was a whale experiment where whales self sacrificed the rewards and downvoted any and all whale upvote, mostly in efforts to give us a chance at rewarding content since at the time the most requested fix was to correct the voting curve yet stinc kept pushing it into the future, and since then we've not had anything that matched the whale experiment in terms of giving small accounts a chance at curating.

·
·

we couldn't effect anything with our downvote to actually make a difference or keep garbage in check.

That's where I disagree. Sure, a 500SP minnows 100% downvote don't look like much. Not so if it's 1000 minnows. Every little action counts, expecially if coordinated. This reminds me of a project called @spaminator, not sure if the spelling is right.

But then for me to say that shows that I'm idealistic. Maybe you are right. But I'm not one to lay low and not do anything if I can do anything about it.

·
·
·

I didn't say not do anything, there's all kinds of actions one can take yet to think that one persons malice or greed can be stopped by 1000 people is certainly only an idealistic sentiment, yet one cannot argue with reality or that the abuses are taking place because those with more than enough resources aren't keeping it in check.

·
·
·
·

that's a very pessimistic view. nevertheless there's truth in it. I try not to dwell too much on it though, we do what we can do in our small little capacity.

·
·
·
·
·

It's not pessimistic to point out the reality and even less very pessimistic, and my "view", if it's a matter of perspective at all, it states plainly the lack of action on Ned's part and consequently there's nothing commendable or excusable for sitting on one's hands when they're at that level of influence and importance. Our top stemian is haijin, I blame one person for that and it's not the donkey.

·
·
·
·
·
·

I don't want to point fingers in any direction. But I can neither agree nor disagree with you.

I sometimes think a total rebranding "Antshare/NEO" style is neccesary if we wanna Steem going anywhere. Along with all the structural change that comes with.

Steemit is still more like the wild west than a lawful country. Some people will work hard to get by, but others will just steal the cattle because they know they can get away with it. I appreciate that some really need the money, but others are just being greedy. Groups like @steemflagrewards are dealing with small 'milkers', but who dares to take on the big ones who will retaliate?

·

Someone needs to write some lyrics for the whale experiment ballad.

Well, i tried to point this out over a year ago.

Those nice graphs Dan showed of the payout curves...
they weren't a match to what was actually happening.
I pointed this out in words and math, but no one ever listened.

I tried to tell them that a logarithmic curve times a logarithmic curve gets really bad quickly.

And what was worse is the minimum post payout. The wall that keeps newbies out of the system. Fortunately, that was fixed by the price of steem rising, but now that it is falling, its danger of it coming back even worse.

Well done. Resteemed.

Bring back superlinear rewards and this problem disappears.
Stinc, et al, knows that.

These same people, when they didn't get the upvotes and followers they wanted, looked further and realized... there is an easy way to milk the reward pool and the entire steem blockchain.

There is no patience for some people and they look for instant return.

·

I really like your username.

·
·

thank you @intelliguy for your kindness

Greed is what is killing steemit. Funny how much progress we may have made collectively if everyone came together

I am still not a believer in the Bots on this system...It smells like a scam....I understand how they work....won't use them.....and will only comment and vote on articles I read. Simple really, I therefore reward the Blogs that I like to read....not that my vote counts for that much just yet.
Great article BTW. Cheers
GUNGA

I think bid-bots are the biggest problem on Steem right now. Too much sp tied up in them. There is not enough sp available for curation. The bid-bot model is not sustainable in the long- run. Thanks for sharing.

Posted using Partiko Android

Steem isnt 3.50 because there are more people selling it then there are buying it. If you want to make steem great again buy more steem and increase your stake and vote for the material you think deserves upvotes

Exploiters and milkers are rampant among not only this platform, but across multiple blockchain platforms. With this in mind, for someone in my position just trying to gain an honest audience to promote the exchange of ideas, while at the same time supporting a truly intriguing and potential-loaded platform, would you recommend I continue what I have just started to do? Create as much quality content as possible regardless of how many empty bot followers I’ll amass?

Posted using Partiko iOS

·

Yes, keep steeming, but don't forget to get into the communities, where you meet people, and make relationships. Social and network are phrases for a reason. If great authors didn't know anybody, nobody would know they were great authors.

Why have exploit opportunities exploded in number? Because good content and value isn't rewarded often enough.

I couldn't agree more but Ned may be too busy to blog, he's very active in the crypto-sphere and known as one of the better CEOs. Check YouTube, Twitter and many blockchain tech meetups/conferences and Ned is there, he's growing Steemit from outside the box.

·

He's sitting on an account that could delegate all its power to those that want to be here and have the time to do it, not sure if there's any excuse for sitting on your hands in such a position, even without delegation there's no end to alternatives that would make that resource useful.

·
·

He's running a company, not a charity.

·
·
·

O really, a charity, and why did you think that I was talking about charity and not his total lack of running the company?

·
·
·
·

Be cause I truly want to be here .

He's sitting on an account that could delegate all its power to those that want to be here and have the time to do it.

That's a valuable opinion, personally I joined steemit during the bear market and fell in love with the service regardless of delegating, steem/sbd price and the politics.

As long as I enjoy using the platform; I honestly don't care what he does with his account. As for running the company, my opinion is- he is doing a fine job.

Thanks for asking.

·
·
·
·
·

I don't understand, did you not understand what I was asking?

·
·
·
·
·
·

I believe I overstand what you were asking.

...why did you think that I was talking about charity and not his total lack of running the company?

Not sure if I can elaborate any further given that I quoted the reason in my last reply. You mentioned he's 'sitting' on an account that he could delegate all it's power to people that want to be here. To me that's charitable.

Personally, I truly want to be here and I don't want his delegation; I'm thankful for the service itself.

Cheers

·
·
·
·
·
·
·

I see that as an obligation and duty, not self sacrificing or charity. If he wasn't the CEO then I can see how that's charitable, but by golly he's the captain at the helm, it's his ship, and he's AFK.

·

I like the freudian slip. "Need is there" when you meant to say Ned.

and Need is there, he's growing Steemit from outside the box.

It's true though, we need more Ned. :)

·
·

Lol, I type too fast at times (79 wpm). Fixed the mistake and double space just after, thanks.

Your opinion is kl.

It's true though, we need more Ned. :)

I would say we need 'more Neds'; but alas cloning our star CEO is impossible with modern day tech. 😉

Cheers 🍻

Steem is trying to go beyond being a blogger site that pays you. I agree with some of what you say but a decentralized system can and will be exploited if someone sees a way to exploit. The content people produce may have quality but that does not matter because other people choose who to back and give their upvotes to. I still believe in steem and don't necessarily see a fix for the steemit platform but I still enjoy seeing post like your because diveristy of thought is important in expanding your horizons and gaining knowledge.