Is there any way to correct the massive power imbalance? so that a single individual doesn't have so much power to flag someone's post. If we are going to be a self governing community then the it should be "majority rules" and not a single person with multiple account holding all the power
That's the exact point of this attack. They see the massive power imbalance of one user, @ranchorelaxo, and see his upvotes as having a negative affect on the reward pool. The reward pool is for the Steemit community as a whole and therefore any one individual abusing their power is seen as a threat.
A few weeks ago, it was the community keeping Bernie in check. This time, a big chunk of them seem to be on his side. So, to answer your question, Yes there is a way....use your voice. Look into Bernie's position. Look at the behavior of the @ranchorelaxo account. Determine if you think it is innocent or suspicious OR determine if you think the posts on which he voted have a proper reward when compared to similar posts. Then act accordingly using one of the following options: your upvote, downvote, abstaining or posting your thoughts.
The way Steem works is very counter productive IMO. I have noticed that ever since Haejin started talking about the local bullies his calls are off target and he does not seem to be as focused.
This is reflecting in his analysis. Primarily for Bitcoin as that is the primary crypto I follow.
His calls use to be spot on. Lately, not so much.....
Hey man I feel you but a TA can't always be right. @Haejin has said this time and time again, it's about being aware of all the possible price pathways and using your limited information to determine which pathway seems most probable.
It is, quite literally, IMPOSSIBLE for him to always be right if he choses ONE prediction to go with.
This is why you see him make mid and late day updates and corrections to his predictions. It's a limited information game you're playing and as new information comes up, your prediction must change or you will suffer.
The correction occurs when others with similar power counteract an action by someone with huge power.
Putting aside the nasty rhetoric on both sides, that is exactly what happened here. One whale upvoted and another downvoted. Whales on either side of the argument are free to weigh in with their votes.
Is there any way to correct the massive power imbalance? so that a single individual doesn't have so much power to flag someone's post. If we are going to be a self governing community then the it should be "majority rules" and not a single person with multiple account holding all the power
That's the exact point of this attack. They see the massive power imbalance of one user, @ranchorelaxo, and see his upvotes as having a negative affect on the reward pool. The reward pool is for the Steemit community as a whole and therefore any one individual abusing their power is seen as a threat.
A few weeks ago, it was the community keeping Bernie in check. This time, a big chunk of them seem to be on his side. So, to answer your question, Yes there is a way....use your voice. Look into Bernie's position. Look at the behavior of the @ranchorelaxo account. Determine if you think it is innocent or suspicious OR determine if you think the posts on which he voted have a proper reward when compared to similar posts. Then act accordingly using one of the following options: your upvote, downvote, abstaining or posting your thoughts.
Not really. I guess this is what usually happens when power and money comes into play:)
The way Steem works is very counter productive IMO. I have noticed that ever since Haejin started talking about the local bullies his calls are off target and he does not seem to be as focused.
This is reflecting in his analysis. Primarily for Bitcoin as that is the primary crypto I follow.
His calls use to be spot on. Lately, not so much.....
Hey man I feel you but a TA can't always be right. @Haejin has said this time and time again, it's about being aware of all the possible price pathways and using your limited information to determine which pathway seems most probable.
It is, quite literally, IMPOSSIBLE for him to always be right if he choses ONE prediction to go with.
This is why you see him make mid and late day updates and corrections to his predictions. It's a limited information game you're playing and as new information comes up, your prediction must change or you will suffer.
As @haejin has taught us.... 36 possible corrections. To be spot on a correction you would need to have a crystal ball (also in @hajin's words).
The correction occurs when others with similar power counteract an action by someone with huge power.
Putting aside the nasty rhetoric on both sides, that is exactly what happened here. One whale upvoted and another downvoted. Whales on either side of the argument are free to weigh in with their votes.
More looks like lord of the flies to me