Alot of these people have invested alot of money into steem and only want to use it as an investment. I am not saying its right or wrong but you have failed to realize that if you ban this they all exit their postion and thats alot hitting the market and will cause a serious drop. These guys are actually stabilizing steem for the long term. Just think how much risk they have if this goes belly up. There is always other sides to everything that should be discussed. Im not saying i agree with it just wanted to state something i havent seen in the sudden influx of these type of post.
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If they don't want this to go belly up they should stop self-voting. The more money goes to content creators, the more new potential investors there will be. It's literally that simple.
People can earn a shitload with curation rewards. I bet it's at least 50 times more than the bank pays.
That ▲ right there. The more thriving and quality based the the community looks, the more attractive it looks to investors.
Thats what i am saying they are not here for the community thats obvious, what i am curious about if they all left what would that do to the price if steem? I wonder how much steem all from the first group hold. Just gotta think about this like stocks they all liquidate what dies that look like? Just to be clear i am not supporting what they do but it makes me wonder what happens if all the big guys leave.
It could go bad either way. If there were nothing but self voters here then STEEM would be the most destitute attention economy in the world of social media. Social media gets its value from those who need attention and if people arent paying attention, but simply reaping rewards and leaving, then steem is losing its value. I can't say if that's what's happening or not, but the community would grow faster if there was more opportunity to get paid for your attention, engagement and interaction, and less for an arbitrary comment or vote that can be made by a bot.
If all the big guys leave there's at least 13 weeks mega down pressure on the price and we have to start from under $0.10 again but that's ok ;)