I see new signups are currently disabled as an "unexpectedly high sign up rate" was taking place.
I think this is because the 10 SteemPower giveaway encourages creating multiple accounts, especially with the recent rise in price.
It is also a way of rigging the voting process as massive armies of fake accounts/bots , even with just 10 SP, can help a post gain traction.
I think Steemit is already in a position to attract many signups without the 10 Steem offering.
if the system really needs a new account to have at least some SP to start participating I believe the allocated SP should not be worth more than 5$.
alternatively -or in addition- number of accounts could be limited by IP, but with VPNs I don't think such measure would really solve the issue.
I think it all comes down to removing the financial incentive of opening a new account, and that means removing the 10 SP gift.
what you think?
simon
10SP giveaway is sure to end some day, lets upvote this post to make this come true!
damn 10 SP on singup Thats like almost $30 now!
