RE: The Peter Principle, Ortega y Gasset and the Self-Determination of Steemit by fidelity

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· @fidelity ·
$0.05
Thank you. I am not sure whether people want to hear honest observations but this is a very honest summation of my observations. The management of this is so weak and defensive of its record that in the real world it would be ridiculed as a prime example of what not to do. I will probably get hate mail as a result but ...
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@paradise-found ·
$5.29
I'm new here myself, two weeks, but it seems there are many whales with an open mind.  If the others would understand they will benefit financially from the platform changing then growing, maybe they will have a change of heart.  I believe we need to hear what ails us to truly find lasting solutions.   Also, most humans are interested in financial gain, so to quote @papa-pepper "steemit like you mean it!"
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@paradise-found ·
Also, I just proved a minnow can top the Steemit HOT list!!  Thanks for the vote!
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@fidelity ·
Ok, I shall follow the papa man - my second, you were the first. I am a keen observer of business management and this ... is set up to disappear up its own arrogance but time will tell. I hope to be wrong.
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@stellabelle ·
maybe you can work for Steemit! I think they would benefit from your perspective.
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@stellabelle ·
Oh, believe me, I see its flaws which I point out. The devs, most of them don't see what I see. They don't understand the human happiness factor. 
But I will say that the coexistence of bots and humans is something we'll have to face in the future. The curation bots are not the issue, it is the poor management of these bots that is problematic.
However, you are not seeing the useful Cheetah bot, without which this site would be full of spam, plagiarized material and other foul things! Find Cheetah!
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@bitcoinparadise ·
Thank you for your honest observations and agree I with them. I see the very similar thing and hearing from a new user is just as important as anyone else on Steemit, with large stake or not.

Resteemed.
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@stellabelle ·
There are loads of people with an open mind, but they are sometimes hard to find. The algorithm that determines rewards will be changed soon and it will be interesting to see the differences.
You see, everything has been bootstrapped. You should have been here 8 months ago. If you think it's crazy now.....it was aboslutely nuts back then.
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@fidelity ·
But nothing has really changed - the ownership has barely moved and people have come and gone ... I find it a fascinating case of justification. There is no justification but there seems to be an entanglement of proud words to suggest that there is. It is a Greek Tragedy of certain calamity. Oedipus Tyrannus and the gouging out of his own eyes is a good parallel.
I have followed you and hope to find the nuggets of reality!
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@stellabelle ·
that's not entirely correct. See how one person with no prior investment managed to gain wealth through his commenting, posting and community building:

http://steemwhales.com/thecryptofiend?weekly
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@stellabelle ·
Now, look at a whale who is currently powering down:
http://steemwhales.com/berniesanders?weekly

The one thing I don't know is if he is powering up a different account or cashing out. If he's cashing out, then Dan's prediction about the wealth transferring to those who actually think the platform has value is true. We still don't know if this will happen or not.
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@stellabelle ·
I will say, though coming in at a later date....it's quite hard to gain rewards without dogged persistence. When Steem had a higher market cap it was much easier. The lower market cap yields lower rewards. Personally, I think the trending page should be spectacular. Right now it's not. But believe it or not, it's a lot better than it was 6 months ago. There's more distribution now than before.
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@stellabelle ·
That is why 12 of us got together and co-wrote a post about this exact issue. The devs are changing the algorithm to lessen the distance in rewards. I'll find the post if you want to read it.
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@stellabelle ·
please read this post, then we can discuss:

https://steemit.com/steem/@clayop/making-steemit-better-a-proposal-to-flatten-the-rewards-curve
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@stellabelle ·
Well, the real problem lies within the issue of sybil attacks. Are you familiar with this? Basically, sybil attack means that bots/sockpuppet accounts could vote for a post say like 2,000 upvotes. In order to prevent gaming of the system, all upvotes are not equal. This means that because I've invested a ton of time and energy into this system (8 months to be exact and over 7000 posts), powering up most of it, my vote currently counts for $.05. I think what the problem is, is that there's too much distance between new people coming in and whales. Also, even with my investment, I'm not able to significantly affect the rewards of those I vote for. It takes too much time/money to get Steem Power. This is what I hope the algorithm fixes.
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