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RE: Curation Rewards and Voting Incentive

in #steem8 years ago

I don't think most whale bots work the way you describe. They don't look at which minnow or dolphin has voted. They simply have a fixed portfolio of authors they upvote all the time, and from time to time they change the list of authors.

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Yes, today's bots are not very sophisticated. Good authors will start a bidding war. I am thinking of starting a bot that upvotes good authors at a price so low no other bots would follow. Ultimately this will result in good authors getting higher salary and unknown authors working on speculation.

Awesomeness - I hope you can convert many whales into altruists - even if you have to incentivize altruism ;-) I'm glad to see that you are always a few dolphin lenghts in front of the heaviest whales - as long as you don't get into fights with Ned over this we should be in safe waters ;-)

This is not a good idea. Bot earnings are what drive investment in making the bots smarter. The investment in turn raise the level of competition and drive the earnings down (and indeed are already doing so) but by imposing a price control you will discourage the investment. At a cost to yourself of course, but I'm arguing the cost is not a useful expenditure.

Exactly ! It seems to be just like
That . One of my friends was on the list and made thousands and it was quite obvious when they took him off . I wonder how many whales actually take their time to really look at content? I hope people will start working on building their own fans = followers and stop thinking of whales too much .