Sort:  

If someone wants to downvote something they can always take the time to write a comment like any other venue. Take a news article, magazine article, a book, a painting, a sculpture. People can make negative comments but only on steemit does someone have the ability to reach into someone else's wallet and pull cash out when a lot of people may really like what the content provider does or says. Case in point - ask a Russian, the people who really got Marxism going if they like it. The answer is a vast majority of "NO!"

It's not reaching into your wallet if you don't own the stake yet. Hence the word "pending" and my suggestion of marking it as an "estimate".

Also, downvotes have the effect of increasing every other payout, due to the fact that there is a finite reward pool for a given period. Therefore, a downvote benefits everyone who is posting because the stake voting for them becomes more influential.

That's not to say I don't understand the ire of users who are getting noticing when they get downvoted. Not only do they have to deal with loss aversion which is stressful (because the UI makes it look like they already have earned the value of their pending post payout), but that negative symbol in the list of voters also makes it seem like someone is "personally attacking" you.

If you can get past those 2 points, I think it's a valuable feature. And you can certainly reduce the impact of them with clever UI design.

How about this? How about competition without any of that? How does that sound?

Downvotes had a positive effect when whales started canceling each other's votes out with them. That was a period of high engagement and regular user's stake being worth more.

That momentum is being lost by the hardfork rewards refill at the moment, as users don't see their stake having the same effect anymore. Hopefully after 3 more weeks we'll be back to normal again.

It just goes to show you a good application of what is perceived as a bad feature.

These are great comments .. and very good points! There has been much discussion on Discord Steemspeak about this, and this Opt In/Out idea was one of many that were floated - I personally do not like it, but everyone has made great arguments for all options proposed.

What is clear is that 'something' must be done - I like jeff's idea that .. sure! downvote something, go ahead, and then explain why .. there is no need for it to have a negative impact on rewards or a person's reputation - that is just punitive bs. However, it is also correct that we need to have some mechanism to contain abusive application of flags, or organized rewards theft, plagiarism, that kind of thing .. orrrr .. do we? ;-) Some are arguing that we do not, that there are other means .. or blockchain rules must be adjusted so people can not abusively flag, or gain too great a share of rewards ( this is where I feel the effort should be made).

Yes, @robrigo is correct .. The Experiment was a great success .. it felt good to give a 5 cent upvote on a comment, as I wish I could do on all of yours .. hopefully we will regain some of that capability when the pool refills.

Cheers guys!

All I saw was money taken away from myself and others. Did not like. I am an excellent architect->developer->systems analyst->programmer with loads of experience and I think it is juvenile

The root of your dissatisfaction is not understanding the system correctly. That's a bitter pill to swallow.

No money is taken away, none at all @robrigo is correct, what you see before payout are payout estimates with the following conditions:

  1. payment is based on this moment in time only and is subject to change if anyone else votes
  2. payment is subject to change if anyone else votes on any other post at all because it is a slice of the entire daily (now 7 day) reward pool

From the white paper, section "Voting on Distribution of Currency"

Every vesting user casts their votes on who did the best work and at the end of the day the available money for that day is divided proportional to the votes such that everyone with even one net positive vote gets something.

Converse to what you've said here, the attitude of entitlement is juvenile.

juvenile is the right descrip .. flagging just because you can is def something a child would do. If however someone has good reason, then they should take a moment and explain so it can be responded to, in hopes that the flag might be removed upon explanation.

Heck, even somehow indicating that the payout amount shown is "estimated" could help.

Shared because I agree 😄

yeah cover up as much as you can so the shit is bearable, the smell will stay the same :|

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.028
BTC 74743.81
ETH 2798.46
USDT 1.00
SBD 2.53