let me try to make myself a bit clearer.
It not just the bots i am concerned about it is also the short term leases of Steem.
1.These guys do not care who their customer are. I know of one group here which is just an outright scam and it is receives quite large payouts.
- They make a massive Return on on ivestment
- This makes it a very attractive investment opportunity and will draw in more predatory investors.
- This will ultimately lead to steem being accumulated by very few making even more difficult for minnows to get votes without using parasitic investors.
- This in turn will make the parasites even more powerful and wealthy
If that is not understandable it is because you do not WANT to understand the implications
I have been trying to figure out how these people getting good return on their leases.
I did my calculations and it always end up losing.
If I lease 15,000 SP for 4 weeks at a price of 400 steem I will only get $1.29 at 100% Voting Power.
Don't tell me they use that leased SP to help others because that is just plain BS. Anyway, even if you up-vote all your post and comments you still end up losing. I don't know maybe I am doing my calculations wrong. Maybe someone out there can tell me how it is beneficial to LEASE SP.
Believe me I would like to know, I am invested on this platform and I don't want this to get sick and wither away. As an investor on this platform and token I want a good profit or return that is why I would love it to flourish and succeed.
How, what are they doing to get a massive return on their investment? I or we would like to know how they are doing it, maybe we will learn from it and stop it if it is illegal or if it is morally wrong.
Again I don't know what they are doing and how they are doing it. If you can't tell me out in the open public you can message me on discord user id webcoop#1550
Jesus bro, you cant really give me a specific can you.
Did you read my reply?
That numbers came from minnowbooster.net 15,000 SP for 4 weeks for 400 steem.
Give me specifics, give me example. Tell me how they are doing it and tell me how much they get paid in return by the system for vesting.
For gods sake bro make a post about it and vest your feelings, your anger towards these parasite and tag me too because I really want to know what you are on about.
It's like throwing allegations basing from only speculations.
Give me something to back up your allegations.
I think when he says leases steem he means them leasing it to other people and getting paid to lease their steem.
One example i can think of is "freedom" who was leasing to bellyrub and buildawhale, or maybe he was delegating im not sure, but his roi was huge, he was getting payments of something like 500 sbd a day from one bot and has around 7 million sp. To me he is a savvy investor but i guess some people may see it as a negative for one group of people to hold massive amounts of sp, then get paid in sbd that they convert to sp and so on so forth.