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RE: Filling the Bid Bot Hole

in #newsteem4 years ago (edited)

Time will tell as far as how all the free downvotes affect the economy.

However, there are some things that too many people can't see beyond the treeline:

Leasing SP (stake)

Well, isn't that the same thing, think about it.
One pays to increase their SP, so that their vote is higher in value.
It is used to upvote whatever that person wants to vote on.
The exact same thing as "bid bots":
One pays for a one time vote from a user that has a high level of SP.

Same sh#t different bucket.

Then how about the other thing that people don't see right in front of their noses:

The demand for Steem and SBD affect the prices of these tokens.

By getting rid of the bodbots, we have literally deleted the most frequently used tool out there which was placing a demand for Steem.
and somewhat a demand for SBD to be exchanged to Steem.

Note: early 2018 when I suggested that we should lobby for bidbots to use the internal exchange of SBD to Steem, whereby SBD gets burned, many said "NO".

OK. I STILL SAY "THINK ABOUT IT".

Won't go into that here, no point in wasting my time on it again, as most won't even bother to think about it, let alone do the maths.

Further more:
prior to the bidbots, there were many instances where people were selling their votes privately via all sorts of means and devious little third, fourth fiftyseventh accounts.

Bidbots got rid of all of that.

and as for the circlejerks.

Well I called it and again I was told "NO".

Plus the bidbots were accepting delegations and paying out accordingly. So they were not making any one person rich, they were open to ANYONE who saw any opportunity there to invest into Steem and STAKE IT.

Rather nice thought for those out there who trade away all day every day only to maybe lose money if it is a bad day. Bidbots gave those people out there in the Crypto Sphere a REAL option as far as INVESTING goes.

Nobody stopped anyone from using manual curation for anything at any given time.

In fact it was always encouraged by every single Steemian, including the bidbot owners.

Did I own a bidbot?
NO

Did I ever delegate to a bid bot?
Yes, once, to a bloke from India who asked if I would delegate to help him start up his own business and become financially independent in life.
It was I think 500 SP.
This was in 2018.
Once he had a few thousand SP in delegation I undelegated my 500 SP, as he was well above 0.

So please don't think that I was some Bidbot owner or anything.

I just lay things out from an angle that many loudmouths out there don't ever want to express.
Most of them being people who want everything for free in life.

So yeah, in other words they want the whales to vote on their sh#t for free.

Which had absolutely nothing to do with bidbots, but they couldn't stand the fact that some people were able to make a circa upt to 5% profit at times on invested funds.

Wooooohooooo imagine that, potential profit of up to 5%, better than any fk banks out there.

Don't see why that would intrigue anyone in the Crypto sphere to want to take a look at these private business running bidbots.

Dude, everything you said is spot on, but I know that the only place where I can say this and not get judged by the post author for laying things out without gift wrapping is when talking with you.

Not many people out there can handle facts nowadays.

Cheers.

and yes:

As I openly said, time will tell.

Demand, business, economics vs "feelings".

Time will definitely tell.

Cheers.

PS. Here is a suggestion to fill in the gap:

Reward downvotes.
There it is, the more a person downvotes the more money they can make.

Wooohoooo gap filled.

Free downvotes + rewards.

I bet some people will love that!

Sort:  

FFS Jack How the feck am I suppose to follow that

Which ever way you feel appropriate.

Freedom of speech is something that Steem prides itself on, the ability to monetize/tokenize it is another thing we pride ourselves on.

The ability to be a part of a free market economy is something one would think we pride ourselves on.

So if you write about it, there should be absolutely no reason to be living in any type, form or fashion of fear for writing it.

;)

Not many people out there can handle facts nowadays.

The truth of what our world has devolved into.
Not many can handle the facts because it takes work to understand them and their ramifications.

I for one am happy to see the bots go. I have rarely used bid-bots but did use Smartsteem and Minnowbooster some. The feeling of having to pay-to-play on my own blog was a frustration of mine that was hard to reconcile.

Reluctantly I am seeing the benefits of the recent hf as I have seen better response to my posts and I have been "forced" to interact more.

There never was any anti-organic fever thrown out there.
Not one person ever hinted that people shouldn't engage more with each other, in fact it was promoted by many individuals.

Yet, my points are not so much about those out there who can't accept changes, it is purely about what an economy is based around and what an economy such as Steem should be concentrating on.

Just like with any economy out there, demand, business, trading, interest, outreach, diversity, flexibility and the overall value that all brings about is what gives an economy the opportunity to thrive and expand.

Wile those who refuse to accept these facts based on whatever feelings they may have about certain aspects of an economy are louder than the facts, we shall be taking one step forwards and then two steps back.

Steem is an economy of its own, with two tokens.

Steem is not "just blogging", it is an entire economy that bases itself on social networking, which is a heck of a lot more than just one branch of online interaction that we know as blogging.

Being an economy, with such a diverse nature of opportunities, we can nurture that diversity, that open and free market place or we can introduce another 1001 repressive tools so as to make it what 'some people' want for their own personal reasons and opinions.

Free and open market place or a closed very tight bunch of people who refuse to allow any changes that are not within their not so diverse and closed scope of views on the future of Steem.

Ohhh, btw, my goal isn't to lobby for the return of Bidbots, I am just stating facts, without any emotions/feelings.

Call me the devils advocate, so to say.

There wasn't people preaching the bot, but actions speak louder than words so many followed suit and did what the big boys did.

The scope of the potential economics of the platform is pretty wide which is where it becomes difficult for most to see. There are the few keys that have presented potential like Splinterlands and such but so much is un or under utilized. The platform is potentially SUPER diverse but that needs eyes, people to pay attention and utilize.

The absolutely most important thing for the platform, (in my view) is user base/retention. Without us here using the place it is a ghost town and then a true circle-jerk.

Building a new economy is not easy and takes most societies many years to achieve a workable system.

& add to that the fact that Steem is an economy of its own, which as such determines the value of the currencies.

A fact that many do not want to touch on as it doesn't suit their opinions on what they see in front of them.

"tree line" as mentioned earlier.

A fact that many do not want to touch on as it doesn't suit their opinions on what they see in front of them.

Cognitive dissonance.

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