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RE: For those of you who do not understand what the financial incentives are for flagging....

in #rewardpoolrape7 years ago

I don't agree with going back to the experiment. That send a signal to whales to sell their stake because they can't use it. What about if a whales agree to the experiment but delegate.

If whales have too much they should sell. That's the fastest way to change the current distribution and it's in accordance to the laws of free markets.

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I'm thinking that we shouldn't encourage investment in excess of 100mv, for the time being.
Later when there are more dolphins we can look at upping the limit, but as it is now the little guys are getting lost in the math.
They see the trending page and get discouraged by not being able to make even 1sbd on a post, while memes are getting 100's.

If the whales hodl, leaving their sp idle, I think the price rise will more than offset what they would get delegating, the minnows don't get run to death on the bot's treadmill, and our reputation becomes that our large holders act responsibly towards the ecosystem.

As it is now too few people hang out, and they tell their friends not to bother.
That could change if the whales would stop sucking everything to themselves and their favorites.
Why they don't want to do more to discourage the belief that the initial distribution will not be overcome is beyond me.
All they got to do is hold what they got and let the minnows flourish.
Instead they rape the reward pool as hard as they can.
Smdh.

If I have to spend my rewards on vote bots I don't get ahead, I just jog in place.
It's a viscous cycle.
The more the minnow gets in rewards the more they spend on bots, and the only one to come out ahead is the bot owners.

I always encourage the newbs to trade on the internal market and power everything up until they have 500sp, at least.
Then they can look at taking money out, if they have to have it really bad, otherwise we are early to game, and the price should go up this year, so just hodl.

Wait a second, let me get this straight. You're saying that if whales delegated their SP to relative minnows... that would attract new users to the platform, thereby increasing the value of steem for everyone.

You're also saying that right now the whales are using botnets to increase the value of their posts?