Well, it seems like a shame to me that an active user who engages in the community feels bad about buying the voting power of someone who didn't want to use it. If your content is good and it always is, I don't see the issue.
I say, good practice.
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The other thing I was thinking is that I really pride myself on helping really small minnows have a fair shake on here. My whole premise behind my discord channel and the show I do and the instruction videos I put out is an interest in helping noobs succeed and find their way around.
So when someone like me goes in and thunks down a wad of cash on a bid bod, it kills all the little votes and makes them earn a smaller percentage than they already were. Somehow, I know it's just "business" but it just doesn't align with what I'm trying to accomplish on here. So perhaps I should hold off on my big bot bids.
Then again, if I use bots to up my posts, and I have followers who are voting for me, it helps them grow. So I'm being loyal to them if I succeed......there seem to be two schools of thought.
I'm torn.
I wrestled with it for a while too. :)
I literally ground out my stake and I know you know it wasn't easy when we started either. I want to support hard working minnows, but I also want to do it with a stake that matters. It is a dilemma. At this time voting bots are responsible for less than 2% of the reward pool.
If someone is selling their vote and I like my content. I'm buying it, but I get there are different points of view.
Hmmm. less than 2%. Well, it FEELS like a lot more, as I remember I used to get gobs and gobs of votes, and money came a little easier.
But I still think I'll do smaller bids. I don't find any harm in it.
Hmmmmm. Now there's an interesting thought! You always got my back @whatsup.
The only problem is, the purchase itself gave a profit to the seller, as they cap their bids at 10% increase. When in reality, I actually had another $18 I could have earned from that bid, if we're looking at percentage of the pie. So I think the bigger issue is that these bot owners are making out like bot bandits. And the rich get richer. And the fact is, it's because of these bots that the minnows can't get a break unless they use them. I'm not saying we shouldn't use them, but I've been on here long enough to know it's not the best system. It's enabling a handicap by default. And me no likey.
Many of the bot owners are not rich. They are leasing SP and building their own stake, pulling it out of the hands of the original miners and allowing those who would like to invest in their account get a little more stake.
I want the whales to get richer the bot owners to get richer and you and I to get richer. .. :)
Like who, in particular? I guess I'm not up on the bot-scene. Maybe you could make an argument and post it. I'll promote it. :0)
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I think you misunderstand how the reward pool works. So I'll explain it.
There is a certain amount of steem generated each day that gets split between all users who upvote according to each user's vesting share. If bob has 9mvest and bill has 1mvest then bob will get 90% of the reward pool and bill 10%. If bob decides not to vote, then bill gets 100% of the reward pool.
So you see, you're not helping someone by buying their vote. You're decreasing the overall reward pool that would have been split up between the rest of us. Thus, thief!
I understand it perfectly. Each user is allowed to delegate the exact % of the stake they own, using their votes. By not voting and selling their voting power they are selling their stake in the reward pool.
Thus... Purchaser not a thief.
If you are buying your own upvotes then you are negating the consensus algorithm which is designed so that the community decides whether your post is worth the upvotes it gets. So you are stealing from the entire community, not only by taking from the reward pool, but also by taking away their power of choice.
Let's say whale A, says, hey I don't want to vote today, you can allocate my share of the reward pool.
That is exactly what is happening only he is saying, I will sell it to the bidders. It is his/her stake to do with what he likes.
Let's say employer A says, hey, I dont want to pay any of my employees today, i'm going to allocate my funds to a gambling pool. And have my employees bid to see who gets paid.
It is his stake to do with what he likes.
You are giving them the power to abuse the system. Stop being a scumbag.
Haha. You're arrogant and think your view of the world is better than mine. Nobody here is an employee.
I am not a scumbag, and I truly don't care if you think I am. Trying viewing things from a different perspective.
We are all employees. We are working for the blockchain to create a fair system that is sustainable and that provides value for each user. We are working for the stake holders to make their investments profitable. Not by buying their votes, but by increasing the market share of steem. Many of the investors have forgotten this fact. They will profit much more if the steem price rises, than they will if every minnow pays for their share of the reward pool.
I am arrogant. But my view is definitely better than yours. You are the same as those investors who want to make a quick buck. Whereas I am looking to the future of the platform. I believe in the vision that is set out in the whitepaper. Have you even read it?
But anyway. It is clear that I am not gonna change your mind about this. So carry on with what you are doing.