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RE: WHY IS STEEM FAILING? BECAUSE YOU ALL BITCH AND WHINE ABOUT SELF-VOTING.

in #fridayrant5 years ago

Correct.

Regarding vote selling being more profitable than self voting, how do you figure? You can capture 100% of your 10 votes each day by self voting... I haven't seen any vote selling service that gets you above 100% of your 10 votes each day?

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I was under the impression that with curation rewards total returns exceed self voting. Perhaps I am wrong.

I think you make more self voting because you get the author reward plus the curation. I think there are some vote selling services that get you very close to that return though, just slightly under I think. I could be wrong as well though because I haven't investigated them all.

In the end, I am sticking with the convenience of vote selling out weighs self voting anyway. As it requires the investor to not do anything to achieve ROI.

However, this is neither here nor there really. The focus should be on building steem value and vote selling/self voting etc still (IMO) don't play a role in that (for benefit or negative).

I wish people would spend more of their time raging at the lack of push toward really building value, than yelling about how people vote. Give people a reason to delegate and invest that can really return value, and you will see self voting disappear.

(also I really like your sentiment that powerdown needs to be able to be instant for a fee, that would really encourage investment)

Perhaps we can start pushing for that with Inc and the next HF, or the next one?

I'm down for at least raising some noise about it. The most effective thing that can be done is seeing how many others are on board with the idea. If there is sizable community (and larger investor) support... I suspect it could get some traction.

The only question is the security, and how difficult of a code it might be. It would affect the reward pool quite a bit.

How would it affect the reward pool? I don't follow.

and larger investor

Theycallmedan wrote a post about it so there's one.

Posted using Partiko Android

He's exactly the type of investor that can actually make things happen.