hi @blake.letras

How have you been doing Blake? Didn't hear from you in a while so I decided to visit your profile and see if you posted anything lately.

I'm guessing you must be very busy those days. Hope your HOBO token is moving in right direction.

It is an interesting new form of business model that requires the buying of a large sum of STEEM and staking it.

Very sad but very true. This is business model that allows to create a monsters. Few huge accounts which do not bring any value to ecosystem except of encouraging users to "stake" their tokens

Contrary to what some might try to tell you, upvote services are not causing downward pressure on the price of Steem, they increase demand.

I actually don't understand that part. If thanks to bidbots there would be more rewards being created and distributed daily, then wouldn't it increase total supply of tokens being hold by Steemit users?

Yours,
Piotr