@freebornangel, your suggestion of 10, 100, 1000 multipliers would have to be across the board. My vote, I am applalled to say, is worth $0.002. So, let's do the sums. Let's say a dolphin has a vote worth, for argument's sake $3.00. I, on a 100 multiple go to $0.2. The dolphin goes to $300. $299.98 more than me. Before it was ... I hope you get the problem! It is relative but it is absolute as well.
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Is there some reason that you say it has to be across the board?
Can the algorithm not be adjusted in this manner?
It cannot really, how do you redress the balance? Where is the centre of the fulcrum? If a vote can be worth $30 or even more. A newbie vote is worth say $0.0001 - 300,000 Times 0r what I would call unjustifiable. We cannot go live like that - imagine the press!!The vote value is the key ingredient and it should be displayed in every post for all to see. Hence my call for the 80 most over-valued posts so we can see who what how and see the content. That will sort a lot out.
It will also show up shit content which, despite the noises, goes unchecked.
The horse has bolted. It bolted when the mining rewards were decided. Investor influence is one thing. Getting the influence the miners and intravoters have secured is the problem. The funny thing is that the behaviour has been counter-productive in that this is the root cause of the price of steem.
Perhaps the curve should be on a gradient?
I'm pretty sure they can make the math work however they want to program it.
Well, yes, exactly but, by definition, a curve cannot be a gradient. The two inputs are SP and reputation which is, essentially, the total of all the votes you have ever received but the bigger votes carry more, obviously.
I probably need to explain all the research I have done as it all interacts. The result of everything is that less than 100 people control 80% and less than 400 control 90% - distributed? I think not.
This is the power struggle which has led to steem being where it is. It should by the valuation models I use be at 4 cents
Ok, I get that.
Still I think the math can be made to up the minnows, and not necessarily down the whales, so that their votes can be seen to have some impact.
If we expect to attract people with .000001usd votes we are kidding ourselves.
1000 of them still don't show up on the ui.
Guess where the scrapings off the bottom go! Yes, it is a rort