RE: Downvoting to make Steem rise

You are viewing a single comment's thread from:

RE: Downvoting to make Steem rise

View the full context

davedickeyyall in #steem • 5 years ago

There's no way in hell I would ever consider joining a DV trail. I think downvotes should be used ONLY in the case of plagiarism. If someone wants to self vote that's their right. It's their stake. They're dumb for not using 10 votes a day tho.. if a post is low effort then don't upvote it.. but downvoting it just creates animosity and drama.. ask yourself this.. would the blockchain benefit more from 250K people shit posting.. circle jerk voting and bid botting into trending OR have 50 people writing quality posts?

5 years ago in #steem by davedickeyyall

0.00 BPC

2 votes

Sort:

Trending

[-]

joshman 5 years ago

Clearly you have no clue how the reward pool works if you think 250k people shitposting and milking rewards is sustainable, and will create any incentive for legitimate users.

0.00 BPC

3 votes

[-]

davedickeyyall 5 years ago

I will certainly agree that I have no idea how the reward pool works.. but I know there's a lot more transactions with 250k people circle jerking.. more transactions = more use = better price. If there's no transactions then there's no blocks.. aka no blockchain

0.00 BPC

[-]

enforcer48 5 years ago

more transactions = more use = better price.

Not necessarily. Bloat, or pointless transactions, such as someone removing and adding witness votes thousands of times a day, is really not adding much of value to the chain.

Also usage doesn't have to correlate with the price. Just look at Tron or BSV. lol

We don't lack transactions is what I'm saying, Dave. It all comes down to more people buying and less people selling. And of course, BTC rising.

0.00 BPC

4 votes

[-]

davedickeyyall 5 years ago (edited)

It all comes down to more people buying

Who's gonna buy something no one uses? Might as well be trying to sell condoms in 1968..

0.00 BPC

[-]

enforcer48 5 years ago

Who's gonna buy something no one uses?

Speculators. I don’t think we’ll be rid of them for years. Lol

0.00 BPC

4 votes

[-]

joshman 5 years ago

but I know there's a lot more transactions with 250k people circle jerking.. more transactions = more use = better price.

So if I write a shitpost script that generates millions of transactions on the blockchain using my resource credits and self-votes, that will drive the price up?

You don't see any issue with that logic?

0.00 BPC

1 vote

[-]

davedickeyyall 5 years ago

I see the issue yes.. but am I not correct thinking more transactions equals a better price? Would STEEM be a better investment with 1M transactions a day or with 50?

0.00 BPC

[-]

anthonyadavisii 5 years ago

Commenting as a reminder to respond later. I believe I can address your points in a way that hopefully you may find reasonable.

Thanks for sharing your POV.

0.00 BPC

4 votes

[-]

steevc 5 years ago

You don't have to join any trails. You can manually downvote just for plagiarism if you like. Most of us in SFR act as individuals. I mostly remove votes where they were bought from bots. Someone buying a dollar of votes or more on several posts per day is depriving us all of rewards. I don't want to chase people away unless they really are not interested in working with the greater community. Good posts add value to Steem and we need more of them for sure.

0.00 BPC

2 votes

[-]

solominer 5 years ago

Yeah DV trails dont give you a chance to consider if its spam or not. Im not on any DV trails with my @solominer account. That way I can make a conscious decision on what to downvote.

And its not their stake in many cases, its leased. So they did not buy into Steem, they are just renting it. Id rather downvote crap content than allow it to pay out and lower the price of Steem.

Id much rather see just 50 people writing quality posts, instead of allowing everyone and anyone to bidbot their posts into trending and then making a dash for the door with their earnings, lowering the price of Steem.

0.00 BPC

1 vote

[-]

davedickeyyall 5 years ago

Would you rather buy a token that does 50 transactions per day or one that does 50 million.. downvoting people chases them away.. mostly new people.. but some old timers too

0.00 BPC

1 vote

[-]

solominer 5 years ago (edited)

Id rather see just 50 quality content creators in trending at the moment and 10s of thousands of users in new. And as the community grows, along with quality content creators then trending will grow too.

Especially if the price of Steem rises, that will encourage quality creators to join. But if we do not, the quality creators will never be seen in the never ending sea of shit posts and piss quality content.

Steem can handle alot more, see blocktivity.info its one of the most underutilized blockchains compared to its capacity.

And if some old-timers leave because they cannot bid-bot their shitposts anymore then good.. please leave. Goto some other platform if you want to post low quality content.

0.00 BPC

1 vote

[-]

davedickeyyall 5 years ago

Oh I 1000% agree that trending should be exceptional content.. downvoting chased away old-timer quality content creators like @lyndsaybowes ...

0.00 BPC

1 vote

[-]

solominer 5 years ago

It looks like @lyndsaybowes was being downvoted by a single individual. Theres always going to be lone wolf actors but at least with SteemFlagRewards each member decides on what is downvote worthy and not a centralized group.

0.00 BPC

1 vote