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RE: How do we prevent market failure caused by over delegation of Steem Power to bid-bots?

in #steem6 years ago

The trending page is in a very bad place right now. I find it very strange that the whales delegate to bots and therefore allow awful posts to gain the most exposure which will destroy the reputation of the platform and their own wealth. What is the point of collecting as much Steem as possible if it is not worth anything?

Truffle pig is quite a useful bot. I am becoming a regular choice.

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Agreed. I like this platform but not everyone feels the way I do and I’ve noticed there’s a lot of negative fluctuations in the price of Steem. I’ve been on the crest of 20$ in account value and I cross it for a couple hours and it goes down. There are multiple forces involved but those with lots of holdings on this platform aren’t helping it mature very much.