RE: Self-Voting: Scammy Behavior, Rational ROI, or Something Else?
A concise assessment of both pros and cons
One question I have is whether the community looks at investment in writing is equal to a cash investment...does it matter where the SP power from?
The underlying theme that runs through all these posts, your and others, is that Steemit isn't fair. People who take the time and effort to build networks of readers, and I daresay friends are going to be rewarded a lot more than those who put effort into writing...unless the roulette wheel lands on their post that day ;>
Finally, for me, it's not a self-voting process that is the question, but rather whether the value of any given self-vote is valid. My own judgement is that a "me too" comment isn't worth an upvote, but that if you spend time on a comment or a post, you should reward yourself.
This was a nice read, thank you
What is even more unfair are people building a huge following list using unfair tactics. I personally want to do everything organically so I am not taking or inhibiting anyone else. If I succeed in the end noone can say I took advantage. This is what I mean
Great comment, thank you.
I think the "earned" SP verses mined or purchased SP is a misnomer. What if someone earned BTC solving childhood diseases for a decade and then decided to invest that money into Steem Power? Are they less deserving than someone who writes blog posts? I don't think we can measuring things so easily.
I'd say that both writing and a cash buy-in provide value to the platform; the first in providing content and the second in proving value.
And as you say, hard to measure which benefits the platform more
I personally bought in 195ish Steem by spending BTC I earned from Bitcointalk Ad-campaigns. Double value added! hehe.
But yes, I think we need more people using it and the signup system should be something that makes people want to sign up. Getting that 5 steempower is a decent incentive I supposed, but to make that back for a total newbie likely won't happen for months unless they comment on big articles where whales are. I think that is the underlying issue that all the minnows have to go to a whale post and try to get noticed because it is more profitable than to make your post or to comment on other newbies posts.
And here I am proving that! But I do comment on a lot of stuff made by not so big people hehe. Also, hi!
It takes a while to build up a network, for sure
you will have LOTS of quality posts that drain down the Memory Hole in the meantime. but keep writing, commenting, and making friends
;>
Well said!