We really need to do something against 100k $ a week rewards for posts that are pretty much a gamble and in worst case scenario are taking advantage of the readers that follow the trades.
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We really need to do something against 100k $ a week rewards for posts that are pretty much a gamble and in worst case scenario are taking advantage of the readers that follow the trades.
It's actually only one SUPER Whale that gives Haejin's post most of its value. I was a supporter of Haejin because I use to think he cared about the analysis that he put out. Now it just looks like a game to see how much money he can get from his post. Just my own personal opinion.
And psychologically, people are more likely to take highly upvoted posts seriously, and upvote them too.
Agree and that is used and abused here at Steemit by more members than just this guy, unfortunately.
Such a good point @poet -- which is kind of the point, that good posts should be upvoted, but there is definitely some scandal at play :/
he does good analysis, but apparently greed has taken over.
Well said. Totally agree with that.
Well said, indeed! Here's my vote)
People build a brand they expect to be paid for it
Otherwise they can do charity and join Hare Krishna
What we really need is analysis of analysis
Cut to the core of the crap. And show they're just wasting you time, your LIFE reading it. Or worse still misleading you into losing money investing (gambling) or deliberatly robbing you
He never ever comments or answers questions to his own posts while he also leaves out the most important part of his predications, how he determines the targets.
Haejin was getting 3000+ views and 250+ votes before ranchorelaxo ever voted for him. If you want a lot of votes and attention from whales, try to do what haejin does. Provide quality content that your fans want to see, bring fans in from other platforms, get your fans to purchase sp to support you.
That sounds like WORK
Easier to make music on MTV Money for nothing and your chicks for free
I agree , help those that help you.
@acidyo so why voting for this kind of post. I don't understand
@acidyo, ok man but what?! Let's say we all downvote @haejin for reaping to much rewards. He can just easily transfer the SP that is upvoting him to another account and do his trick elsewhere, or if he's smart 25 different accounts.
In my opinion a downvoting campaign will accomplish nothing. What will? Healthy competition and hard-working mentality. Elliot Wave analysis regarding cryptocurrencies, which is an extremely popular topic on Steemit, is a monopoly market now because it's new. It's owned by Haejin, the first-mover. This is not sustainable as there is no entry barrier for competitors. Anyone can start up business next door. That brings me to my closing remark:
I thought we liked that about this system, the only power on this platform is Steem Power..? Just become popular or buy a lot of SP if you want to influence the reward pool according to your own standards....
You don't have to downvote anyone.
The reward pool is fixed and is shared out in proportion. So upvoting someone else is equivalent in value to downvoting haejin in terms of percentages.
The real problem is that the rest of the community isn't upvoting enough. They could easily counter the whales by going on voting sprees and voting for deserving articles (the articles the whales vote for then get less of a reward percentage).
If you want to stop abuse the most efficient way is to go out on a voting spree and the more people who do this, the more effective it will be.
because, whats the point when your vote is literally worth less than .01? wasting votes. i vote on posts and comments i think are good content. but it has no impact.
although this is annoying and disturbing drama to be observing as a newb, its an important topic to the future of steemit. if im going to invest 6-8 hours a day writing one post that might get 1$, its worth following this pissing contest a bit. So, here i am trying to make sense of it.
your suggestion sounds good, but doesnt seem like it would even put a dent in the problem because minnows still wouldnt be able to effectively participate in directing the future of this platform. 0.01 vote helps no one. all it does is drain your inconsequential voting power.
the people who are earning so much, good for them, i guess. some of them. whales complaining all over the place how whats his face is basically cheating, yet are not helping minnows get stronger to join in. there are way more minnows here than witnesses and whales. so when you say everyone should upvote other people, ummm. minnows are but its bascially null and void, at the mercy of a whale or curation team for a couple of crumbs. there are some curation teams which are super inspiring because they truly are giving benefit to the community. helping others.
lastly, is steemit going to be a social platform where only discussions on crypto have value? i was under the impression it was supposed to be an all inclusive diverse world wide social network. why are MORE whales and Witnesses NOT bumping up minnows? is it because of greed? afraid to lose power? because thats sure what it looks like. if you think everyone should just start upvoting everyone else, minnows need a whole shit ton more leverage. sorry so long
If thousands of minnows are voting, then it adds up as far as the reward pool goes.
The problem is that most minnows think like you do and are not bothering - and that attitude hands power to the whales.
Not true! We ARE voting! As I said, I'm commenting and upvoting every single day at an easily weakened 100%. Maybe 10 votes a day before I'm slapped on the wrist with loss of voting strength from participating too much. How is that giving more power to the whales? I'm voting on stuff that's really well constructed by people who are investing their soul into the content they're creating. It's just like real life. My vote has no direct effect but I'm sure as hell going to vote anyway for the reason that I like SUPPORTING the people who are doing a great job.
i was trying to emphasize my point which is a little hard to show through text sometimes. so i wanted to clarify, reading my response to you in my head, i was not screaming hahaha. i was being animated but not angry for what its worth.
Elliot waves are far from infallible. If his chart analysis was that good he wouldn’t need to be taking anything from the reward pool.
so true, if his TA was so good then why does he have the need to take rewards for steemit? he is money hungry in my opinion and if he really cared about the community he would ask the whale upvoting him to stop, let devout minnow followers dictate how much his blogs are worth, not a HUGE whale!
I think you're right, @steemitromney. He's winning right now because he doesn't have competition. If his work truly is garbage (I don't know anything about Elliot Wave analysis, so I can't tell), then what needs to happen is that there need to be a few accounts that regularly debunk his work, or if it works. At least that's in theory what would level out the playing field. But I'm convinced that a good majority of the upvotes are coming from low-level bots that he's controlling. He's moneyballing the system. We'd need someone to do a network analysis of the voting activity towards his account to gain some certainty on that though.
I learned and am still learning Elliot Wave analysis from Haejin, and I post my scribblings at my blog here. Your welcome to follow and upvote mine analytics :)
lol
The guy is practically raping the reward system with extreme greed and we all are just looking ..only Bernie is fighting this war ...where are the witnesses...I am not against him making 1K daily but let it be one good post, max 2 daily...One is even enough for him because he crowds all the tags and no space for others to even shine..this is not good for the ecosystem-especially posts based on speculations. Thanks for posting this Bernie, hope all see this post and someone do something...10x posts daily!!! damn...
Steemit Inc , please do a daily post limit!!! 1 post a day will be great...2 max however if we reach 1M + members then 1 post max a day will reduce this type of greed.
There was a time when 4 posts/day was the max before a diminishing returns algorithm kicked in. last I knew, Golos still uses this system, but are planning a fork to add the current Steemit code, and while I like the single 7-day payout window, I don't care for the spammer reward system.
It's beyond just making more money than you're worth. He's taking part in something that respectable news outlets disallow for a reason. Using a follower base to influence the price of a low cap asset. It is his followers fault if they get burned to an extent, but it doesn't make it okay.
The bigger the following & hype, the more his pics behave as he predicts, till they don’t
I don't agree with post limits , we can deal with this in a different way .
i honestly don't mind it but can we put all of em in one post instead of multiple haha
Yeah, that's basically it. There's just too many posts in one day with info that could very well be put in one post. I don't mind the info/speculation perse, just that it's in so many posts as to milk for the most possible rewards.
Kind of makes you start missing those days of max 3-4 posts a day!
Well I agree @playfulnoodle, maybe this is what we should do is curb accounts from posting ad finitum like this ?? I dont like what i am seeing, @haeijin is not the only person I see making too many short and repetetive styled posts of frankly not much interest ! We need to get the quality back up I feel so yeah why not go back to limiting the number of posts again ! Three posts for most people would be too much no ?? If they were good posts that is with content which is nicely put together with thought !
I'd say that. I don't think people would be able to create many more good quality posts on one day, 7 days a week. I sometimes write a couple of posts more on a day, but that's to have some in advance, you can spread those out over the week instead of spamming all in one day.
His votes of "not much interest" over 10000 views and hundreds to thousands of votes. Maybe others find different things of interest.
yes no doubt @danpaulson, but crypto market posts are not my source of interest here i can tell you that ) But then thats me, Im not everybody else ofcourse !!
A daily report would be fine.
I can see your point , just hope it doesn't lead to post limits because I post about different topics daily & sometimes post more than other days.
I believe you should create a system to compensate small users that find situations like that......I detected some....how will I denounce it? I will make enemies....will the system compensate me if I denounce? that is the point
-18?
How the fuck is that even possible, who did you piss off?
I know there was a whale war but I thought it was sorted out.
@berniesanders @acidyo The solution is you need more whales downvoting - like @adm and such.
Minnows are worried about losing their tiny incomes.
Thus.. More whales like bernie need to grow some balls! Otherwise haejin may as well ramp up the 12 posts per day. The longer this is left untouched the stronger they become.
Then who can defend the reward pool rape?
Need to nip this in the bud sooner before it's too late.
Unfortunately it isn't our scope as we would be accused of content moderation.
Although I personally think that such abuse like haejin destroys this platform.
Why @haejin has to post almost every hour? Why are they keep on upvoting? Should we listen to the warnings of @berniesanders and @acidyo? Or else...we could all loose.
@acidyo if you really think that it is worth your time and effort to "do something against 100k a week rewards" then I honestly do wish you well in your task. Totally serious. I am starting to wonder about the amounts he is receiving and if it is any of MY business. Because small or not I upvote and resteem most of his posts! But I ponder if perhaps in making your own rewards you would forget about @haejin and his totally evil plot. Or what ever wrong he continues to reek upon the landscape of steem. No one has ever explained WHY it is so bad what haejin is doing and WHO he is hurting.
Until some bounty was placed upon him, and a war call cried out, haejin was a nobody! Now he is a somebody. How big is his body count before war was brought to him? None. Best to leave it alone.
It would be really great if he could post it in one or two posts a day.. this is too much.. but im sad there are no rules against this kind of problem..
That, and people flooding the site by re-posting content from other web sources to get upvotes. There should be some differentiation between copy and past postings and original content.
There is it's called @originalworks
I tried @originalworks a couple of times on my posts and never got any feedback. And posts were 100% genuine and original, even the images. I am new to it, so I perhas missed sth about @OriginalWorks
Agree... And what about these other Steemians who take a LOT of money from the reward pool every single day with mediocre to bad posts? The circle jerk groups? Something is really broken in Steemit and we have to find a solution for it to prevent this community to fall apart at some point in time, and Steem value to suffer from it. Soon, Steemit will have competition, and the monopoly is gone!
Problem is ego and greed for money. @haejin flagged fundraiser for me from 50$ to 0$. Who flag fundraiser? Only moron!
Link about it
That is a sad story man and respectless behaviour.
When ego take control of someone this is what happens...
Can anybody name those circlejerk groups by name???
I noticed quite a lot!
Too many!!!
Indeed. In the wise words of John Templeton, "don't confuse brains with a bull market."
Are u serious? 2 of the last 3 presidents were put in office by the electoral college who went against the results of the popular vote for the other candidate. That system can be corrupted too.
Lots of people in positions of power across the world are also as you described. You left out all the people in both categories who are religious and not morons as well as those who are not religious or stupid who do good for the people around the world. Bad argument imo
first of all, you are going off on a totally different tangent than what this entire drama is all about.
we are not talking about religions. you are wanting to pivot the discussion to focus on religions but this is not about how many people in the world are christian or any other type of religion.
id also like to point out that even within religions people do not all believe the same way. to say that people are stupid and incapable of making sound judgements for themselves because they are religious is flat out cognitive dissonance because, again, you are failing to account for the fact that many of the US's Lawmakers are themselves religious. The same goes for around the world. People in general are religious so, again, your argument fails.
Which, by the way, the lawmakers in America, are actively and aggressively working to pass laws directly related to their particular flavor of religion. the founding fathers wanted church and state to be separate for that very reason, yet here we are in 2017 with lawmakers passing laws dictating what women can and cannot do with their bodies, as just one example.
so, please save the bs for someone else who more gullible. youll probably have some kind of retort but im not going to respond anymore because youre projecting your views about religion onto a discussion that is actually focused on economic politics within the steemit platform.