As said in a previous discussion, we wouldn't need any content for that system you have in mind. Unnecessary overhead, and there's plenty of PoS coins that offer exactly that.
Steem never offered guaranteed rewards for posting, who thinks that made a bad investment because they didn't research properly. Your stake gives you a right to curation rewards (getting under 8% means you do something extremely wrong), and the interest on SP (2%). That's it, more than the inflation, everything you want more is free pizza.
If you expect frequent flyer miles for buying the stock, you set yourself up for disappointment. That's not the companies fault then. You invested in something which has a chance to raise in value, you didn't spend money for something in return.
You are viewing a single comment's thread from:
That's the thing though; Not everyone comes here to do PoS, some do, and it can look nasty on trending. This is why trending needs to get fixed. However, if we don't respect the upvote autonomy of self voters, and or bid bot users, then we'll lose stakeholders. As people sell, it will drive the value of the token down. You know what I think, we should add a voting system (Reddit style,) that only works to sort content. It doesn't allocate value, it just sorts. One sort vote per IP address and all votes are equal. A system like this would encourage me to go to trending every day, just to down sort undesirable content, and to be able to do so with a clean conscience knowing that I'm not disregarding the merit of someone's stake or for that matter, stealing from a bid bot user. Change downvote back to flag and call the upvote button a Tip Jar. Maybe I just need to learn to code, it could be so easy to make Steem good. The fact it hasn't gotten there yet is a colossal failure of imagination.
Well, that's a whole other system, where content isn't connected with the coin at all. If someone comes here not believing in the idea to reward the best content they're simply in the wrong place and would be better off to browse Reddit or create their own subreddit and invest in a PoS coin.
That you suggest one vote per IP address shows that you would need to learn a lot more than coding. The stake weighted voting is done for a reason, imagination isn't a positive when it leads to unrealistic ideas.
I agree in part, but also disagree and let me explain why. Regardless of the reason they came to the platform. They provided a service in purchasing the token and continue to provide a service in the HODL if they are powered up.
The goal should be to keep them powered up. If this means they are dead set on on extracting the maximum value that the rate limited voting allows, then so be it.
If it's really a problem, fix the rate limited voting. Anything is better than a bunch of reward poolice running rampant around the blockchain looking down their nose at content creators and doing the civil asset forfeiture thing.
I think you misunderstand, the upsort downsort would be condenser only, it would have no effect on the blockchain or the rewards.
Nobody forfeits any assets. It's not theirs as long as it's not paid out.
I misunderstood the sorting, but I still don't get his that would incentivize professional content creators to spend their time here. They need to get paid, not rewarded by a ranking.
Try convincing a freshly on-boarded user of that. I tell you what, for sake of argument let's call the downvote a sanction. Now, I don't know how you feel about sanctions but they're generally viewed by learned people as an act of war. So if you don't want to think of it as civil asset forfeiture (or theft), think of it as an act of war. And this is where retaliatory downvotes and or flag war come from. Somebody starts it, and then it just continues on ad infinitum.
That's the thing, the sorting system is separate. You'd still have the upvote button, but it would be called a Tip Jar. The upsorts and downsorts are seperate, Reddit style. I think this kind of system would create more harmony, less flagwars, and less drama.
Yes, sure, when you give it names like that it sounds negative.
To me, it's an expression of opinion. Don't know how you feel about those ;)
It becomes a flag war when those who can't stand others expressing their opinions use it as a weapon, strictly personal and no matter the content they use it on, and even attacking others by association (resteems for example).
A tip jar system where you can tip yourself without consequences from a limited shared tip pool doesn't give talented authors an edge, so that's an idea which has nothing to do with the idea behind steem. If you want to tip someone, pay it from your own pocket, not from the community's.
I love expressions of opinions, but not when they're attached to negative financial outcomes. In fact, with the looming threat of flags, I think it's safe to say that you've got a lot of disingenuous people posting stuff that they think others want to hear. Wouldn't you like to see people post their honest opinions without fear of reprisal? Let's say I sink a lot of work into an epic post, and someone updoots it to a face value of $10.00. Whether or not I have the value in my possession yet, is not the point.
The point is, I did the work and someone tried to convey value. When you intercept this conveyance with a downvote, you disrespect the stakeholder who upvoted it, and also the content creator who is already working for only a pittance. It'd be like if you went into a restaurant and snatched a waiters tip and burned it with fire. You didn't steal the money because it wasn't even in the waiter's possession yet, in fact, had he not seen you do it on the security camera, he would have been none the wiser. But he did see it, and he knows where the people intended for the money to go, and thus, he feels as if though he was robbed. Which is the truth, was the man robbed or not?
Ahh, I see. so your downvote is just an opinion, but their downvote is a gun? That's kind of hypocritical if you think about it. Right now I'm imagining a car full of gangsters who do a drive-by and then go out to eat at MikkyDees. Then the restaurant gets shot up because of the clap back. Three people die, and the confused hoodlum says to the police officer: crying "I don't know why they did it, all we did was express an opinion. We didn't even kill anybody, and they killed three of my homies."
See there you go thinking that reward pool is yours. You can only take what the rate limited voting allows for. This mechanism was put into place making it impossible for people to draw more than their fair share from the pool. If the maths are wrong, fix the rate-limited voting, crank it down a notch.
This is very good. I like it. It will be a constant battle fighting self voters and potentially will end up doing more harm than good. Potentially much more.