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RE: What would Steemit look like if everyone chose to delegate their stake to a bid-bot?

in #steemit7 years ago

I made a remark in one of your posts before that voteselling and delegations is a way that some people earn from this platform and that it is basically printing money.

Your answer to me then was it is short-term and printing money till its worthless and made me think on that note because that was the week we both tested if curation earned enough or if delegations were better and we arrived at the same conclusion that we are running the long game and engaging the community rather than just making a quick buck.

I've also realized that not everyone has the time to curate or create content but we also need investors and not just mere holders but they see the value that they can get in putting money.

I have my family bought Steem and SBD to power up accounts although they can't use it to manually curate or create content they are doing their part of investing and reinvesting the gains they get. I curate for them though.

The hivemind and communities is one feature that I am really excited to see. Also we can really have a feature that curating is better compensated as well.

I like building and engaging communities but if that can pay well also then that would be super. I know if we do it elsewhere we dont really get anything back but as long as it is better to votesell and delegate people will always use the easier option.

We are the ones down in the trenches doing our bit to engage and make the community better so we are keeping a balance for now.

Now have we reached tipping point? even with the use of bid bots I still see and read a lot of interesting posts so its not yet at that point that it is all garbage but we have to make some adjustments to the system.

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Yeah, we do need investors - but there are good ways to invest (for the future), and not so good ones I think.

The hivemind and communities is one feature that I am really excited to see. Also we can really have a feature that curating is better compensated as well.

I hope so, this could also 'hide' promoted content. This will be more pleasing to the eye, but may not make much difference to the slammed rewards pool.

Most of the engagement on low quality Trending posts, is about use of bots on that Trending post - clearly this is not what the the aim/focus of the post was! :)

I'm not sure if we are at the tipping point yet, I'll just continue this stance and see what happens.

Cheers for that (should boost you nicely for tomorrow) :D