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RE: I found a great Crypto news and trading tool, and it's free.

in #bitcoin5 years ago

There's nothing wrong with your writing, but this kind of thing is no Old STEEM. It's just not going to work anymore unless you want to lose $$$.

Join the new STEEM, and quit using BOTS.

bid bot abuse, @steemflagrewards.

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    You bought votes to increase the rewards of your post above the value of its content.

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well this will be an interesting one to watch to see if this is true at all - so far I don't think the downvotes that have come in are even close to making up the > 25% increase in rewards this post is getting under the new curve compared to the old curve.

Many have jumped on the flag bandwagon, we can only be try to clean this place up. It can't be any worse than before.

definitely not disagreeing with that - I just fail to see the logic in the change in reward curve which seems to me to work exactly counter to benefits from flagging. Posts that get large bid bot votes are getting 25%+ more reward under the new curve... so flags have to remove that extra 25%+ to even get back to the beginning point of the old curve.

It shouldn't be as high as 25%. The 2e12 curve is quite gentle compared to other curves such as N^2. I think it will be less than 10%.

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I was just basing that on this chart published on @steemitblog, and looking at the chart again you are right that it will be less than 25% but still seems to be quite a bit more than 10%. Tough to read for exact numbers but a post with $80+ pending payout is like what, over 400 steem at current prices... so basically as high as the red line shows on the far right of the chart, which seems to be over 20%?
image.png

I cant say I'm a fan of the new curve, the 45/45 + 10 + down-vote pool might have been better. It's alienating a lot of smaller accounts.

yes I totally agree. One interesting thing is that even a post with 100 steem payout under the new curve (currently less than $20 payout) is getting something like 15%(ish) more compared to the old curve... and that post is not going to show up on trending to get flag blasted. If the net effect of these changes is fewer shite bid bot posts on top of trending, but more reward for bid bot posts on aggregate and even more incentive to use bid bots as an author to boost your post up far enough on the curve to gain more reward... is it a win?