Perhaps I should have made this distinction earlier: buying votes for content that provides massive value (even 80$ worth of votes) should need be compared to buying votes for absolute trash.
I'll make an argument that is not made often enough imo, we lose more if bad actors (i.e VP abusers) hold too much SP, rather than they dump it all on the market, even if they do it all at once.
A short price fall, will be an opportunity for many minnows, dolphins and plankton to grow their stake, without breaking bank in the process. AND if the bad actors leave, the reward pool will be distributed by those who're left, most of which would gladly upvote content based on its merit, and not just because they're bound to earn from it.
I'm playing this game long-term. I believe that Steem is just scratching the surface of its potential. We could rival Medium in a few years, if we play our cards right.
Posted using Partiko Android