The End Of Vote Selling "Services"

I just had to do a short post about the newly formed coalition between some very powerful players on Steemit who are going to try put an end to the harmful pay-for-vote services on Steemit. I guess miracles do happen this time of the year!

Say hello to @grumpycat !

I've been against the vote selling services from the first day I heard about them. Of course in a decentralized community, everyone is free to (ab)use the platform in any way he or she pleases. This doesn't mean that just because some power users can drain money from the platform they should do it. Just ask any voting service and they will deny their wrongdoing, in fact, they will try to convince you that they are "helping" the smaller fish get more rewards, but I wouldn't expect any other response from people who are benefiting from the platform for their own sake.

I have written some posts regarding this issue but most users didn't really understand why I was attacking all the "generous" whales who were "just helping" the desperate minnows. Let's imagine that you've been using a voting service for some time now. This means you've been feeding the service with your hard earned SBD. After you made a post and paid for it you got some investment back. But in order to continue to get rewards, you need to put more SBD, and the process is repeated until you have spent​​ most if not all of your SBD on voting services. After the price of SBD jumped more than 10 times its value recently, can you calculate how much money you have lost on voting services? Let me tell you, a lot​! You could have bought​ 10 times more Steem right now. What's more, once the voting services stop being profitable you will end up with almost no organic traffic and it will be twice as hard for you to get on track.

This is just one scenario​ where the small fish are getting screwed over the voting services. There are plenty more reasons why these "services" are bad for the platform. I hope that @grumpycat will deliver what it promised​ and make Steemit great again!

Here is the article​: https://steemit.com/steem/@grumpycat/warning-to-vote-buyer-sellers-introducing-grumpycompliance-mandatory-in-14-days-no-post-promotion-allowed-after-3-5-days

More on the topic:
https://steemit.com/steemit/@rossenpavlov/paying-for-votes-is-bad-m-kay
https://steemit.com/steemit/@rossenpavlov/let-s-shut-down-the-corrupt-pay-for-vote-services-now-there-s-a-much-better-service-available

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