RE: Do you think Palnet "holds no value" and disagree with minnowsupport bot?

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RE: Do you think Palnet "holds no value" and disagree with minnowsupport bot?

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whatsup (75)in #sct • 5 years ago

Hello,

Okay, I worded that poorly... Palnet and yes, the SCT may hold value at some point. But creating a bot that gives out large Steem votes when you pay with another token devalues Steem in my opinion.

You make many great points. Yes, I do apply the same logic to the other bidbots that give out LARGE Steem votes. I am unconcerned about tiny votes.

Focusing more on SteemMonsters and SCT which are the only ones that I have noticed giving out noticeably large votes.

I'd be happy to discuss if you think I am misunderstanding something.

Thanks for the English post for discussion.

5 years ago in #sct by whatsup (75)

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glory7 (80) 5 years ago

Thank you very much for your reply. I hope we can use this opportunity to enhance mutual understanding of the issue.

Now I understand that you feel uncomfortable that these votes are "large".

As far as I know, examples of steemmonsters and SCT- they are large as more users (in terms of steem powers) support the project.

I thought that if the project may gather more steem power to support it, it is better both for steem and the project. But I may be wrong.

So what is your suggestion of solving this issue? For example, who would, and how we can decide which amount is "large"?

$0.10

3 votes

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whatsup (75) 5 years ago

A $27 dollar upvote in exchange for some SCT tokens to me does seem large on one post that ends up on trending and although the translation tool are rough, didn't really appear to be anything special.

Regarding solving it, there is no hostility involved and in comparison my vote is tiny. Your group can just ignore them since the vote is likely still profitable, although I do wish your group would consider how that impacts Steem and how it feels to other content creators.

$0.08

2 votes

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glory7 (80) 5 years ago

Hm, so how much would be okay? $20? $10? And who will make the decision and would people agree on that?

Alternative of converting SCT token to cash, instead of using it for voting is exchange sct to steem and sell it. Since voting makes 50% of reward staked, I believe that it is better for steem as well.

Your downvote alone might not be critical in terms of dollar values, but the more important point is that you are one of the opinion leaders and lots of users rely on your opinion, as far as I know.

$0.04

4 votes

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whatsup (75) 5 years ago

My opinion is that it brings value to the SCT token, via Steem. It's hard to imagine how that helps anyone but SCT users. I don't have any opinion on the value of SCT nor do I know what it does for Steem. So, I have no intent to be negative about the token.

Not sure that there is a place where we need agreement. I think it devalues Steem to give out that large of a vote in exchange for SCT tokens.

Regarding the decision each person will use their DVs as they wish hence no agreement is necessary nor is there one person who makes the decision.

I don't want to see trending filled with posts that hold little value except for a purchased vote. I think that currently is the mood/opinion of many within the community.

Had the bidbots owners been better actors in who could buy a vote and for what purpose, I don't think the response would be as harsh.

I'm not sure you and I need to come to agreement on this, as I think it is unlikely I will create a huge downvote train on your community.

I appreciate the discussion by the way, as I think many of us are still experimenting with what adds value and what does not.

$0.00

1 vote

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glory7 (80) 5 years ago

Okay. So what you are saying is that

"I do not want to see postings on trending that I think not really good"

"I think certain amounts are too much, but I do not have a specific rule"

I agree that you may act as you want. But that also means that you should be okay with you getting downvotes, for example from sct.voter, for whatever reason, including "I think your post has too much reward."

Did I understand correctly?

$0.02

3 votes

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gomdory (66) 5 years ago

곰돌이가 @glory7님의 소중한 댓글에 $0.032을 보팅해서 $0.008을 살려드리고 가요. 곰돌이가 지금까지 총 6530번 $74.522을 보팅해서 $84.847을 구했습니다. @gomdory 곰도뤼~

$0.04

1 vote

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whatsup (75) 5 years ago

Sure if you want to downvote my content for any reason that is your right as a stake holder.

My issue is that the vote is purchased with SCT tokens.

$0.00

1 vote

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glory7 (80) 5 years ago

Thank you for the reply. I don't think I am going to downvote (and my sp is not big anyway) - just wanted to know your thoughts on the issue.

$0.03

4 votes

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gomdory (66) 5 years ago

곰돌이가 @glory7님의 소중한 댓글에 시세변동을 감안하여 $0.006을 보팅해서 $0.034을 지켜드리고 가요. 곰돌이가 지금까지 총 6533번 $74.554을 보팅해서 $84.935을 구했습니다. @gomdory 곰도뤼~

$0.00

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captainklaus (64) 5 years ago

De-centralized, non-goverened: Everybody acts how they want, thus creating consensus.
It only starts to be distorted by greed (=buying huge votes).
Everybody has their own opinion about how much is too much; if everybody voices them > consensus!
And no body has a problem with receiving downvotes; they are an important and honest tool. btw. honest: You can judge your own post, and think about what's its value. If you earn less rewards, go and buy a vote. Me, I've sen by far more valuable posts paying out about 1STU...