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RE: Steemit: A Social Platform Or A Bot Gaming System?

in #steemit6 years ago

I avoid bots at all cost. The answer is simple: if everyone does the same they will soon disappear. Unfortunately the whales empower the bots because they make good money from them. I'm bordering on powering down because I can see the way this place is heading! It's going to sink eventually in a slew of its own shitposts and not central but not before those at the top have creamed off great profits.

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Bots are only worthwhile if you're really good at creating material tailor-made to get some votes from whales, and you invest enough to make sure it stays on the hot page for long enough to be seen by them. It's a big investment and gamble, and it's better to establish ties first before making such a move. But the fact that all of that has to be done in the first place just goes to show that content discovery mechanisms on this site are really awful.

Oh, and many, many whales have already skimmed and sold enough to retire in this price move and the first price move steem ever had. This one is just unique in the explosive power of SBD's rise which changed things up a bit.

thanks for some more color on this @charitybot! I agree... there was a mania into crypto which made everyone go crazy... so now the good thing is the system can reset itself!

yes that is exactly true, the whales give their steem power to the bots and make very good money on it... I also agree with part of your conclusion, it will go down in price to correct the abuse because the system as is now is unsustainable. However if it drops low enough, then it will reset and people like me will come in with money and take them out... In other words, it may get worse before it gets better... but imo, I am happy about the reset... The faster it happens, the better it will be for all of us! So don't get upset with the low price, it is actually only hurting the whales! ;)