Voted for
- 20-30%
In addition to straight up self voting, other forms of taking without producing value should be taken into account like exchanging votes. But regarding self-voting, I'd say 20-30 is reasonable. I don't upvote my own comments except for visibility - and that happens approximately once every few hundred comments. I do upvote my own posts but I normally post 1-2 times a day.
Oh yeah, the circle-jerks.... The likes of @adsactly, @exyle and friends. The ones who actually 10x/day themselves through voting their cronies. Those are the worst. Ironically, the traditional abuser @exyle runs a witness. You would think that someone who runs a witness would know better but obviously that is not the case.
I'm in the same camp as you when it comes to self-voting comments I only do it for visibility and very rarely. Recently I stopped self-voting my content altogether although before I was at around 5-10%.
Exyle has invested hundreds of thousands of his money in Steem.
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Your argument is irrelevant. Haejin has invested more than a million into Steem but that still doesn't make what he is doing right.
I disagree. It's less bad for someone who has invested a lot to extract than for someone who hasn't to do that. Of course, it's still bad as it sets a bad example.
It may be less bad but that still doesn't make it right. It's abusive and makes both of them look incredibly bad. Like, no matter how good the information exyle sometimes puts out, I just can't take the guy seriously knowing that he literally devalues this entire platform with his abusive behavior.
Steem currently has a circa 8.6% annual inflation. If a Steem Power holder is not entitled to any more than the 1.6% APR afforded to SP holders by the chain and no more by virtue of merely holding SP, it will be very hard to persuade anyone to power up their investment. It is much better for an investor looking for the best possible ROI to keep everything liquid to be able to time their trades optimally. It is good to remember that investors are absolutely vital. Without them our rewards might as well be Monopoly money.
10x self-voting is around 20-25% + 1.6% APR. If those hodlers you are referring to are siphoning away the value of our token through abusive behavior then our rewards might as well become Monopoly money if more of them join the platform and follow suit.