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RE: Why Bid Bots are Bad for Steemit | Imagine if the NBA Allowed People to Pay to Play in the League?
Rightly said....bots are not good if as steemitian we want to grow big..
Even the reward system should be changed.....the reward per vote should be calculated from the quality of content..
Or else new comers will be frustrated by seeing 0.00$ on every blog they write and slowly go away from the platform. As now many creators are shifting slowly and slowly to dailymotion or metacafe and youtube is loosing creators..
Thanking you @saswat036
@saswat036 you bring up another interesting point. I don't think this has to do with bid bots so much as a huge imbalance of power. For example my post in the first 8 minutes has over 110 upvotes and has earned something like $6 and then you see other posts that have like 7 votes that have earned over $30.
I could find even more glaring examples of posts that have hundreds of upvotes and earn $3 and posts that have 15 upvotes and earn $300 but I'm too lazy to search for them, but we all know this goes on. To me it would seem that once a post hits some threshhold of large support from the community that post should get some type of boost to make it more even with a post that gets just 1 upvote from a whale. It doesn't make sense to have a small handful of people yield so much more power than the entire community as a whole.
I'm not a programmer or coder or developer but I'm sure this issue gets a lot more complicated and the fix isn't that easy. For example if Steemit were to say once a post gets 200 upvotes its earns equal to a whale vote regardless of who upvoted it and how small those people are however at that point people would just buy 200 accounts and upvote themself 200 times.
I know Youtube had similar problems with thumbs up on videos so had to change their algorithm to focus on watch time and other engagement factors
yes sir.......slowly people are bringing all these bug and sharing them...
we can expect a drastic change in steemit platform soon.
Thanks for responding to my comment........
yes bid bots can create much more difference 😐