RE: BidBots - THEY DO NOT DRAIN THE STEEM REWARDPOOL! by meno

View this thread on steempeak.com

Viewing a response to: @fyrstikken/bidbots-they-do-not-drain-the-steem-rewardpool

· @meno · (edited)
$5.40
I can see both sides of the argument and believe that the whole "problem" (note the air quotes) has more to do with culture and nothing else.

I think if we simply say... <i><b>"OOohh... its the code, the code is the responsible one for the behavior"</b></i> we have effectively found a way to deflect any feelings of guilt we may have.

The answer, the solution to this whole thing is somewhere in the middle, but it starts with education and of course creating the right environment for people to learn about how this whole thing works.

There are those who wrongfully believe, that if someone uses bidbots they are effectively draining the reward pool from them. This is quite inaccurate and its equivalent to saying. 

<b><i>
"if that whale would not have voted for @overvalueduser he for sure would have voted for me"</i></b>

The argument is a bit comical to say the least. 

I say this and in the same breath say that using excessive bidbots does not magically make you a better writer, a better singer, a better poet. And if anyone solely relies on bidbots to garnish support, they are attempting to live a healthy diet while eating pizza and bacon icecream.

However, we must learn to live and let live. If someone wants to eat pizza and icecream every single day, I should be cognitively consistent to understand their rights and their freedom to do so, in the same way I expect others to respect my choices.

<b>Removing Bidbots</b> from the platform removes also the incentive that whales have to stay powered up and not dump their Steem into the markets. It removes the incentive for investors to even join, because a lot of them don't want to post, don't want to curate and that is more than OK, because of..... "Freedom" - The concept we all seem to almost worship.

Do I think some people abuse the bidbots and send trash into trending? Of course I do, that's why there is a flag button. If its trash, if it sucks, follow your gut and flag it.

Now, to the community leaders who are attempting to teach the minnow how to swim the waters I would only say. Yes, tell them about the pizza, tell about the ice-cream... but make sure they learn about diabetes too, and hopefully they will know how to balance things, if they don't they will also encounter the consequence of their choice. 

I'm a little annoyed about this, because it seems like the <b>bidbot</b> conversation became everyone's favorite escape goat.

Oh, I can't get anyone to support me on steem.... it must be the bidbots

Oh, the whales don't notice my work... it must be the bidbots

Oh, I haven't made any friends... it must be the bidbots

Oh, no one listens to my ideas.... it must be the bidbots.

When does that end? 

Sorry for the rant...
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@mlgcrypto · (edited)
$0.05
>has more to do with culture and nothing else.

everyone is hyped on this "free money" bullshit.
👍  
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vote details (1)
@underground ·
$0.02
It IS BS,  I've made a lot on here and I've Earned It!  Invested a lot too, but I am not so much a "content creator" as providing a maker's space, and support for the newby makers  ;)
👍  
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@whatsup · (edited)
$0.25
Applause!  What right does someone have to tell a stakeholder what to do with their stake?  (none)
How dare someone decide who can purchase a product that is for sale?
The product is the Voting Power which is derived from the stake.

The answer to shit posters is to break out your flag.
👍  , , , , , , ,
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@meno ·
$0.66
>The answer to shit posters is to break out your flag.

Someone put that in the FAQ somewhere.
👍  , ,
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@nathen007 ·
$0.14
Huge problem on Steem is that people are too afraid to use the flag. It is a very sadly underutilised resource
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@pibara ·
$0.84
There is a huge **retaliation** culture keeping people from doing just that. People feel attacked by even the smallest downvote.

Have a look at [the responses](https://steemit.com/bots/@mattockfs/please-ignore-my-downvotes) I got when I was testing out a micro-downvote bot setup that aimed to attenuated vote-bot powered self-upvotes.

It's a shame there is no downvote function for upvotes, as I feel that may be perceived as less of a direct attack. That is, I'm not interested in downvoting someone's post, most of the time, but I just want to attenuate a silly upvote on that post. 

Let's say I feel @fyrstikken wrote a shit post just here that added nothing to the value of this platform, I might want to attenuate  @upme's upvote with a bit of a downvote.  If the platform was just stake based, I would be able to do that. Unfortunately, though, it is more stake-based-fear based at this moment.  I have no option to  attenuate an upvote, so my downvote that is too small to hurt @fyrstikken's reputation in any way would likely end up being retaliated against using a downvote thet WILL cut deep into MY reputation.

I think the platform IMHO desperately needs a cure for the fear installed by the power of high stake individuals (most notably bidbot owners) to retaliate downvoters into negative reputation. 

Bidbot proponents like to bring up stake based democracy, but guess what, it is a fear-of-stake based oligarchy instead. Noone dares to structurally attenuate bidbot votes if their view of the steemit ecconomy makes them believe bidbots hurt platform value. 

Now, with one way to downvote, noone can really blame anyone for disproportionate retaliation. But if there was a way to destinguish attenuating downvotes against an upvote from 'could cut into reputation' downvotes, there might be a culture change where it would be considered uncool to destroy reputation in retaliation for a purely attenuative downvote of a disproportionate upvote.
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vote details (4)
@ackza ·
What if we had bandwidth flagging to stop spammers and this will stop people from being able to use all the freakin bandwidth but only have like 7 SP! Its crazy we must fix bandwidth! We can rent out bandwitdh we don't need with delegation and we need to think about constructing a better smarter steem blockchain for the future maybe even adding rudimentary smart contracts
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@silentscreamer · (edited)
$0.12
No one is telling anyone what to do with their stake. What critics are doing is pointing out the effect they think delegating to bots in such a high percentage will have on the platform and is having right now. 
You may think bots are doing a great thing to Steem, others do not agree. Those that do not agree are in majority number and minority in stake. 
Its basically a futility crusade at this point since none of us critics can do anything about it but get a flag here and there for speaking up and watch Steem crumble in the silence of our gray blog page.
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vote details (5)
@meno ·
$0.06
>You may think bots are doing a great thing to Steem, others do not agree. Those that do not agree are in majority number and minority in stake.

I often wonder if this is true. I'm serious too, I wonder if we could effectively run a poll and find out.
👍  
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@whatsup · (edited)
lol, such drama.  :)  Which tools did you use to calculate the majority?  

Nothing is crumbling.  

But you do make a good point about sharing a view.  Best of luck.
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@stimp1024 ·
I don't think bid bots are doing a great thing for Steem but without them this platform would be dead. The problem is not the bid bots, it is the uneven distribution of Steem Power, 95% of the votes on this platform have very little or no monetary value whatsoever. 

Bid bots and paid delegation keep the investment going in this platform and attract future investment, this investment needs a return. Give it 3 to 4 years when there will be many more accounts with 1000+ SP then I think the system will begin to right itself, I do think bid bots will be needed during this transition period to achieve this. We also need someone famous to come on to Steem, then we need to support them fully.  I agree with @whatsup in that most accounts with investment are unlikely to participate in voting and curation. 

If bid bot usage allows accounts to grow and redistribute SP, by actively engaging in voting and curating, then this is one way of using that delegated SP for the organic growth of Steem that otherwise would not happen. 

So my belief is that if delegating and vote buying was removed the vast majority of the SP holdings from those that delegate would be removed from the platform and the Steem price would plummet, leading to the decline in Steem. At least this delegation and vote buying allows others to utilise this SP for the good of Steemit.
👍  ,
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vote details (2)
@son-of-satire · (edited)
$4.31
It was a very wise choice of yours not to debate me if you believe - on any level whatsoever - that any three of those points have any legitimacy in this context.

I don't think you need me to tell you why they are entirely nonsensical, but for any readers who are buying this bullshit, allow me to briefly explain;

> Applause! What right does someone have to tell a stakeholder what to do with their stake? (none)

If @ned posted speaking of his desire to use steem funds to hire assassins to murder every first born child in the city of shanghai- would you feel that you have the right to object to that?

You should, because what he would be attempting to use his stake for is immoral and has adverse consequences for many. As does vote selling.

> How dare someone decide who can purchase a product that is for sale?

If  someone tried to sell you a recently snatched toddler, who the fuck are you to dare decide whether that person should be able to sell that child or not?

> The product is the Voting Power which is derived from the stake.

No. The product is the stake(and also the content). The voting power is a function of the stake, and therefore it is simply a use of the product. Just as murder is one potential (but not ideal) use of a gun (product)  so too is the selling of votes an adverse use of the stake (product).

To any who are still not clear on this. The daily reward pool (not voting power) is what is really the issue here. The reward pool is  - funnily enough - for distributing rewards. Are rewards something that you sell? No. That would be a purchase. Therefore, the reward pool is for rewarding.

The voting power in this example works as the fruit of the trees does. It is a finite - yet self perpetuating - resource, that was intended for those in the world to use as sustenance.  In terms of Steemit, it was intended to reward both the best content creators, and the best curators, to keep them coming back.

The trees, however, have now been seized, and now the fruit that everyone was using to sustain their selves is for sale. The reward pool is being auctioned off, and there's no selling that as acceptable from  my perspective. Not after reading some of the pro-bidbot arguments on this post. I realise now that you're all either lying very blatantly to everyone else, or lying unwittingly to yourselves.

To anyone reading this who has been on Steemit for a while and made 10,000+ STEEM, and haven't had to sell any of it to survive, so you still have it all, and can sell it when steem goes to $100... Let me ask you something;

#### How much fucking money do you have to earn before you can afford to buy a spine? You have made plenty. You can't have it stolen from you now. A flag doesn't impact your wallet. So why the fuck do you still have your tongue up someone's arse when you've got more than enough money to live on your feet? Seriously, think about what the fuck you are doing. They might have gammafied the site in order to pit us against one another, but this is not a fucking game,  and the "losers" in this very real situation, they starve. So perhaps we ought to start trying to be on the same fucking team.
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vote details (6)
@whatsup ·
$0.57
That is the strangest invite to a team I have ever received. 

First, I have received about 9 or 10 votes from Fyrst after nearly 2 years of hanging on in SteemSpeak and I assure you my tongue is not near anyone's ass.  :)  lol.  

Now that we are clear on that...

If Ned made a post about killing someone, if I took it seriously I would call the authorities.

I would not buy a toddler.

As for the rest of your opinion on what and how the economics work out it is an experiment and I want to see us attract investors.  I stand by my view that if investors come it will not be for the content or a perfectly functioning reward system.  It will be for the tech, the traffic or the crypto.  There are hundreds of sites that people can share their writing.  Most of them do not have investors.  

When I trade with someone in cash or in crypto their financial status has nothing to do with the deal.

The deal is about a product if I buy milk, I do not pay based on the financial status of the seller, I pay based on the price of milk.

I'm not sure what my financial status has to do with anything or what brings on the personal attack portion of your comment.  

You have no idea what it has or hasn't cost me to keep my stake powered up.
👍  ,
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vote details (2)
@baah ·
Im here to tell you that whatsup had no problem defending abusive flagging and abusive self voting htooms which when he first came on the scene was posting on a strange correlation, when Fyrst would be on the network commenting, resteeming and voting  htooms would be off,  but when htooms would be commenting, resteeming and voting (organically by different percentage votes)  Fyrst would be absent,  and this was like clockwork for 4 days, not once did their interactions overlap but there were about a dozen cycles of this weird coincidence. 

Whatsup has no backbone because things that are toxic for the community such as abuse is simply "the code allows it", it's the equivalent of saying,  "it's OK he murdered them,  physics allow it".

Go read her opinion post where she accused me of attacking her and she said "I'll say whatever I want" when I told her she can't make up shit about me,  and when I confronted her previously about her lack of any interest (care)  in discussing the ideas by the dismal presentation she used for them she said that she'll keep doing that disservice, probably because she cares so much.
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@anthonyadavisii ·
$0.05
> To any who are still not clear on this. The daily reward pool (not voting power) is what is really the issue here. The reward pool is - funnily enough - for distributing rewards. Are rewards something that you sell? No. That would be a purchase. Therefore, the reward pool is for rewarding.

That pretty much sums it up. Certain people have repurposed the reward pool to enrich themselves instead of rewarding others for contributing. That is what it is but they often use the irredeemably flawed analogy as if vote selling were merely a means of promotion or advertisement.

If it really were about advertisement, I have a recommendation to any vote buyer (this came to mind thanks to @freebornangel). It's quite simple.

Decline rewards.
👍  ,
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vote details (2)
@doctorspence ·
The reward pool is being auctioned off by the people who actually have the large stake in the network, whether its their own stake or they convinced others to DELEGATE them their stake, it is the stake holder decision to do what they want. If you disagree with how a stake holder is controlling the reward pool distribution (selling upvotes) you can flag all of the posts they are distributing rewards to and put it back in the reward pool. If you don't have enough SP to put a dent in and you really care, either acquire more SP or convince others to DELEGATE you theirs.
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@baah ·
>Applause! What right does someone have to tell a stakeholder what to do with their stake?
(none)

So what is downvoting and upvoting and what do you think Dan had in mind  when he said that they were working on a moderation system apart from Curation? 

What right? Every right, and some we are patiently waiting for still. 

>How dare someone decide who can purchase a product that is for sale?

Without thinking twice about it,  that's how. Why should they is the real question?  Because they don't stand for  acts that endanger isolationist positions on a Social Network, voturbation is a product that pollutes and renders the community toxic. 

>The product is the Voting Power which is derived from the stake.

I'd nuance it more to a service than a product but regardless, the service is abuse of a function, a function that is rendered useless by the abuse. 

>The answer to shit posters is to break out your flag.

This was never about shit posters,  but then again you'll find out what this was about when moderation is the main topic,  and the day when all shit people who support isolationist self voting in any of its forms, their sphincters will make the snapping closed sound in global unison.
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@frdem3dot0 ·
$0.06
Obviously anyone can do with their stake what they want. But when stake is only used to make profit and not reward actual content, then steem loses what makes it unique and it will be just another inflationary coin. [post](https://steemit.com/steem/@frdem3dot0/selfvotes-circlejerks-and-steem)
👍  
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vote details (1)
@whatsup ·
I hear you and I don't know whether or not that will happen.  
Let's pretend for a moment you are 100% right.  
We still have an easy to use, fast, cheap coin to use with the edition of SMTs and Communities, I am not sure it matters.

What you your thoughts about that?
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@freebornangel ·
$0.14
I posted some posts not on this subject!!
I hope you take a few minutes to look at them.
👍  
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vote details (1)
@doctorspence ·
$0.03
I agree, if you don't like when someone used bid bots, just power up a ton of Steem and downvote them if you disagree with the rewards. 
It seems most of the people who complain about this are stuck on a social media site with limited control. The Steem blockchain was designed to run on an automated system that corrects its own problems, most of the problems have a solution.
-If you think the interface on Steemit is shitty and you think the Trending and Hot pages are broken, you can program your own Decentralized App like Busy.org or Zappl and make your own Trending + Hot algorithm and interface.
-If you think someone shouldn't earn that much or be able to use bid bots, go ahead and downvote but it wont affect their payout much unless you have a large enough stake of the network.
👍  
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vote details (1)
@fyrstikken ·
$0.32
>Do I think some people abuse the bidbots and send trash into trending? Of course I do, that's why there is a flag button. If its trash, if it sucks, follow your gut and flag it.

bots run blacklists and subsystems checking for different signals. Abusers often get... abused in the end, humans make sure things eventually self correct.

>I'm a little annoyed about this, because it seems like the bidbot conversation became everyone's favorite escape goat.

That is why I wrote this article, point for point as educational material because I too am tired of the yammering rep 43 accounts screaming bidbots this and bidbots that. @Booster will be 1 year old in 10 days, being the first bidbot of course we have seen "it all", and made a ton of changes along the way.

I am sure the bot abusers hate us for it, but well - they have had their golden era. More and more serious content creators outbid them now, and we see a better culture forming.
👍  , , , ,
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vote details (5)
@joeyarnoldvn ·
Agreed, truth can be in the middle. I believe in free markets and that the rewards pools cannot be raped but instead just pressed and that is economics 101 in the art of supply and demand. The better ideas rises to the top. People can outnumber bots. But also, bots represent people and their money. I believe in representative republics over democracies which means I do not believe in just a one vote per person thing. I like that the bigger whales have more voting power. And the voting bots is an attempt to compete with the whales with so much voting power. If voting bots drain the rewards, then so do the giant whales. Facebook has bid bots but they are called ads. We live in a world full of competition and that is good.
👍  
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vote details (1)
@jeanpi1908 ·
The problem I see with all the bots is that there are some were you send money today and then make the same money back plus some profit and I know people who then just make shit posts to get them boosted and make like 300 SP a week by only boosting.
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@silentscreamer ·
$1.06
"Oh, I can't get anyone to support me on steem.... it must be the bidbots

Oh, the whales don't notice my work... it must be the bidbots

Oh, I haven't made any friends... it must be the bidbots

Oh, no one listens to my ideas.... it must be the bidbots."

Haha. I love your middle ground approach. 
But the fact of the matter is that if bot delegation reaches higher percentages, 70%, 80%, 90% (and it seems to go in that direction) who exactly will there be to support you?
Its not a matter of: "i deserve it more then the other guy".. 
It will be: "neither me or the other guy can get any kind of support". 

Bots are not the scapegoat. They are truly the biggest problem of Steem atm. Not because they are evil in their concept, its because of what they lead to through action of individuals that delegate to bots and who use them. 
Freedom absolute is not good for any of us. Even for those that support it. Im all for the EOS constitution Dan implemented. We need a consensus type rule book here as well.
👍  , , , ,
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vote details (5)
@meno ·
$0.15
I'm not disagreeing with you Silent, not really... but the problem is not "the evil whales". I guess I would accept the idea of "the evil whales" more if I saw no dolphin or minnow delegating to bots and participating of the bid-bot buying too.

This reminds me a bit of how prohibition "worked". If we have a culture that wants it, then we can't effectively ban it, not really, we just create black markets for it.

Delusion Examples.-
"Yes, the solution to people smoking pot is that we make pot illegal and they will stop smoking the devils lettuce for sure"

"Yes, the solution to drunk driving is that we put them in jail if we catch them, and then nobody is ever going to drive drunk ever again"

Hence my approach on changing the culture, because unless the constituency is more educated on the subject, unless they understand balance, they will keep on working against their own self interest, due to a myopic short term mentality.

When you say Freedom Absolute is not good for us, maybe what you mean is the blurry lines (at times) where my freedom ends and someone else's rights start.  Which is to say, in the name of freedom, of self governance, I can't go to your house unannounced and eat everything in your fridge for example. Everyone would agree 100% with that statement, but if I felt compelled, entitled, within my rights to go to your house and eat all your food, the problem is with my mental state, my social ineptness, my failure to recognize the harm I'm causing... and not the fridge, not the food you left in there, and sure enough not the door that was easy to take down.

Hence my focus on educating the "young". the new users that come to the platform. We can't eliminate 100% abuse, because there will always be people that will feel entitled to break into your home and eat out of your fridge, but if enough people see that act as fringe, as the wrong behavior, then we can effectively create a cultural norm, or an equivalent of that in this platform.

Granted my example is ridiculous, but I'm attempting to make my point as clear as I can.

ps.- no food from any fridge has currently been stolen.
👍  , ,
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vote details (3)
@silentscreamer ·
$0.09
Ahhhh. Yes exactly. Your freedom to smoke ends at my nose. 
The difference between some of the freedoms you mentioned, pot for example doesnt apply here since its actually beneficial to legalize it. 
Bots on other hand arent weed, theyre more like drunk driving. 
And no, you cant ban all actions that have an ill effect on society, but you can regulate them. 
People will always vote sell, but even if that vote selling can be cut drastically by making it inconvinient you have done good. 
You make the cost of participating in those actions cost more then the actual benefit by increasing the risk. 

And no, its not only whales. But 80% of SP is in whale hands. Theyre delegation is what fuels the machine. 

I just dont think people will realize this ever. Most know its hurting steem but they have no power to change it so they join in. Some of them anyways
👍  , , , ,
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vote details (5)
@somethingsubtle · (edited)
> Removing Bidbots

The argument could be made that the price of SBD and Steem are artificially high because whales are not powering down. They are simply delegating to bots, providing no support to the platform, and getting the ROI as people self-curate. 

Maybe the Steem ecosystem needs a correction where the price stabilizes and new whales and investors can come into the platform to play a more active role as curators and content creators, and not just sit there [collecting rent](https://steemit.com/steemit/@somethingsubtle/a-tale-of-two-steemits).
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@meno ·
$0.57
Maybe you are correct. My main point has been and will be that "code does not fix behavior with absolute accuracy". So when we arrive at the best solution, it has to be simply that... the best solution for the time being. 

Demonizing whales is stupid and counter productive to the dialogue we need to be having.
👍  
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post_id51,848,212
authormeno
permlinkre-somethingsubtle-re-meno-re-fyrstikken-bidbots-they-do-not-drain-the-steem-rewardpool-20180605t232135860z
categorybidbots
json_metadata"{"tags": ["bidbots"], "app": "steemit/0.1"}"
created2018-06-05 23:21:36
last_update2018-06-05 23:21:36
depth3
children0
net_rshares193,372,766,340
last_payout2018-06-12 23:21:36
cashout_time1969-12-31 23:59:59
total_payout_value0.430 SBD
curator_payout_value0.142 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length312
author_reputation227,335,189,892,062
root_title"BidBots - THEY DO NOT DRAIN THE STEEM REWARDPOOL!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)