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RE: So long and thanks for all the fish | a reflexion to the BOT owners and delegators

in #steem6 years ago

You are right but, that selling will have an impact on their personal value in the future. For most people on this platform, this 'revenue stream' did not exist at all until the end of 2017 when prices increased and SBD broke its peg.

That is from our european point of view, when the whales manipulted the price so the USD broke the PEG (thus loosing its reason to exist) the community I was priming saw a exponential growth, they were able for the first time to stake up and to sell a little for food.

They never became dolphins (only those early enough to have profited from the early inflation had that chance).

When i had VP i would take me 2 to 3 months of pimping a new user just to have him above the basic steemit delegation, so i would not call dumpers people that chose to stake up and get up to 300 - 500 SP instead of dumping and buy food.

See our friend @por500bolos he is been here longer than i have, he saves as much as he can and just recently got the vote slider for the first time.

But I think we are straying from the point here.

Which is:

the rewards pool was not meant to be sold.

The rewards pool was meant to encourage quality original content

We can argue for hours about what minnows do, in the end te only thing that matters is that with no authors this is not a blogging platform and with no rewards there is no authors.

The topic of this post is about whether the delegators are willing to share a bigger part of the pie with their customers to make for a fairer environment that will encourage users to use the service...

When a commodity price is too high people stops buying it and looks for alternatives.

And the commodity in question is supposed to have a price measured in proof of brain, so the moment you put a dollar price on it is overpriced.

A good indicator of oversold / overpriced commodity in the case of the bots is the queue waiting time and in this case this whole week it has been at all times low.

What ROI will have the delegators when there is no customers?

Someone said in other comment that markets regulate themselves and it is true it will regulate

I don't blame them for price at all, what gave you that idea?

I don't know I have heard that argument so many times... Kill the dumpers they are hurting the price sorry.

Well not all of us are well off and if we want people to stay here we need to incentive them somehow.

I myself spend between 4 to 12 hours a day doing steem related stuff when not posting, and if we want minnows working for us we need to pay them.

But i think that will not happen any time soon

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They never became dolphins (only those early enough to have profited from the early inflation had that chance).

I didn't profit from the early inflation, I worked hard, I earned, I powered up, I engaged, I made friends, I helped people I learned to trade a bit, I struggled, made errors, worked for cents if that...

The rewards pool was meant to encourage quality original content

Maybe in the early days but, not in the decentralized application era. Things have progressed, this isn't a blogging site exclusively and hasn't been for a long time now.

When a commodity price is too high people stops buying it and looks for alternatives.

Yep, there is nothing wrong with that, this is the laws of supply and demand in play and there is nothing saying that Steem has to have the entire world involved to be successful. There are going to be millions of blockchains and niches created that will empower some while excluding others.

What ROI will have the delegators when there is no customers?

I await the day that bidbots are dead. I have put forward several proposals for it and it isn't, offer a better return for customers.

Well not all of us are well off and if we want people to stay here we need to incentive them somehow.

Again, the blockchain is no where near ready in development to support as a charity yet, that is essentially how people seem to see it. The entire industry is ten years old and highly volatile yet there are people trying to use it as a steady income?

I myself spend between 4 to 12 hours a day doing steem related stuff when not posting, and if we want minnows working for us we need to pay them.

I have spent that almost every day here for 2 years. I see it as being an entrepreneur small business owner though. Work hard for nothing and reinvest until it becomes something.