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RE: Reminder, GrumpyCompliance in 7 days + Look who's buying votes on his 6 days old posts.
Negative curation isn't happening not because of a lack of time but because of a lack of balanced incentives between up and down votes.
The rules of Steem for downvotes have to improve to at least account for the lost opportunity cost of curation reward.
I like the idea but this will mostly piss-off the wrong people.
Explanation for high upvote
Smart idea, downvote should cost less.
I am not milliner to "spend" 100$ on down voting someone.
I absolutely support investors making money, but this idea that every action you take should make you instant rewards just is taking that idea too far.
The long-term value of your investment vs. being able to take the most money out is what each "investor" will have to face at some point.
Smart idea, i completely agree with you,wrong work will down your rating
I completely agree
Yes I am agree. It will piss-off the wrong people.
I think the formula should be adjusted to make it profitable to flag spam content. An idea could to be to have a separate flag and down-vote button? At minimum, it should be a break even for flagging so accounts don't lose their voting power when they flag.
It will only be profitable to flag bad content when the community gets behind it. Not only whales should be rewarded for policing the block chain but users at all echelons of power. Consider checking out the Steem flag rewards project.
https://steemit.com/abuse/@steemflagrewards/steem-flag-rewards-pilot-fighting-blockchain-abuse
The bitter truth.
Yes i agree with you....nice idea
Agreed. @steemflagrewards is an initiative to assuage that fact by giving back to good down voters; however, the inability to receive 100% SBD post rewards currently serves to limit that.