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RE: Why I Undelegated 5000 US Dollars!
Right, if everyone just delegates their SP away to bot, we will see no end to this crapflood on trending. We probably still won't see the end of it, but at least as users we can reward the content as it deserves to be curated in our opinion, not how much has been paid for it.
The market will take care of that by itself. Since the profits will always go down 📉 and then it will come down to the people that give the most value in return that will be able to keep do it. It's great that there is an option to purchase attention since we live in an attention economy. But we want it just to be done in an ethical way. But we will see better stuff in the future!
What we will see - already seeing - is impossibility to get this attention without paying, so much shit constipates trending section, real content curated by real people never makes it there.
It doesn't really matter. All the value is in the connections with other people in the comment section. After you made those connections people can go to your page and find your stuff. When you write a comment targeted to someone you have their full attention. Surely it's a lot more manual work but it's real and it works. And it's free! Well it does take time for sure. But other than that it's free. And we now can see in transparent ways who is invested and who is not.
There are also profitable Bots for example MinnowBooster. Where you can get amazing attention and a profit in return. Means you just need to have some SBD sitting ready in your account. Also with the regular bots you can get lots of attention with just a 10% max loss. Which is amazing. But it also of course means that you need to have real solid content. And you need to test the market a lot to get proper feedback to analyse what will work.
And as I have stated earlier the competition will increase with the Bots that will say only the ones who make good stuff and adds lots of value will be able to afford to keep do it. So the market will balance everything out in a fair way eventually.
In theory, you might more right that wrong, but that's in theory. What your saying, "waiting in hopes of it fixing itself," is what's hurting Steem the most NOW.
all this hype of 1million users, but we are what, 40k site interactions... that says one of two things. Massive bot accounts, and massive amounts of people who come, realize it's bots, spend time on content, get no recognition, and then say fuck this... Might as well just post my stuff on Facebook.
Let's face it, the WHOLE promotion of steem is to get paid, it's not "oh buy tons of steem first in order to pay for promotion at a 10% loss, and hope you can gain a following before you waste all your $."
No one would be here if they realized that from the get go...
Also, your system fails, as it's late stage capitalism at it's finest...
Only the rich get richer.
Too much crying and complaining in this comment. Yes the current userbase is more like 100,000 people. That we already know. Capitalism is a fine system. It works! And your logic fails with rich get richer since everyone has gotten richer the last 200 years. The ones who works harder and takes more risks wins! I take risks by pay and invest! Communism is slavery and makes everyone equally shitty. With capitalism you can free man. He can get higher up by working smarter!
He's absolutely right, and it's kinda obvious, too. I'm surprised you actually started to argue with clearly valid points. And why bring up communism now? Sure, it's shit, it never worked and all the attempts were horrible failures. But capitalism is ain't no paradise, too. Unless you're a rich kid, you're already lost the life lottery.
Capitalism is paradise. If you think life is lottery then you already live with a scarcity mentality.
Capitalism should be paradise along with the world but humans are good at wasting precious time, money and resources.
What the fuck did I just read? You're delusional, mate. You actually sound like one. No offense intended, but you should come out of your US/Europe and see what the rest of the world looks like. Then you tell me how is capitalism a paradise and what your "paradise" cost the other peoples. So many of them don't even have the basics: homes, food, hygiene, education and chances to change it - none of that what you (we) take for granted. Get your ass out here and tell me there is no scarcity then. Fucking nonsense.
Wow...