You are viewing a single comment's thread from:

RE: @bellyrub gone full evil? double selling votes, self voting, trying to get 40K from users; triple dipping?

in #bellyrub7 years ago

So if you can't code it for good or bad either, so you are left with the free market to decide.

We're deciding right here and now that we don't want these type of 'services'. The SBD price only affects the buyer but not the seller. So we definitely need to do more than just sit and wait for the price to manage it.

Good to stumble upon one of your comments again btw :-)

Sort:  

whats up @surfermarly!!! boy I feel like I have some steemian friends now!

The way I see it right now is that people bought SBD at $1.00 (or were awarded). Now if you had to choose to cash out your SBD at $2.00 (like i did) or spend your SBD on upvotes... i think cashing out makes more sense. THEN, if you are a bot operator, you're thinking about how much you agreed to pay your delegator in SBD, and hurting thinking about it because you can sell your banked SBD at over 50% markup back into the market. So the delegators are pulling their delegated SP. This is how i see the rise in SBD hurting bots. If SBD maintains a high long enough, the bots who use delegated service will out of business quickly unless they switch their payments to STEEM, which is still relatively cheap!