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RE: 10 little idiots: trying to answer | if everyone delegates to bidbots?

in #steemit6 years ago

I think there will never be too many bidbots for any longer period of time. The reason is simple, at the time when bidbots start putting people away, the Steem value is going to decrease and users which own Steem get hurt, this should push them to make moves protecting their investment. The only problem is that real-time stakeholders' response is likely to come with a delay (inertia) and too much of a delay may be fatal, especially that the competition is not sleeping.

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That would require the largest stakeholders to be able to co-ordinate their actions.

True, but some tools are provided. Stakeholders elect witnesses who can vote changes I believe. Stakeholders can also communicate via steemit or even offline. My bet is that some breaks may be put in place if bots go out of control, but likely they aren't being considered a treat at the moment.

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