Will you read this post or watch the matching video because here we see 25 signs Steem is about to leap back into the top 10 cryptocurrencies with potential to reach the number one spot within the next three years?
1: What Makes a Cryptocurrency Valuable?
True value comes from how the people participating are able to collaborate which is the same principle defining value for companies on the stock market and fiat currencies like USD. For example, everyone that buys Apple products, uses an iPhone, is employed by Apple, invests in Apple stock, and talks about Apple adds value to the idea and company we call Apple.
All the time, energy, and money I invest into Steem adds value to it alongside what millions of us are contributing from reading posts on steemit.com to watching live streams on @dlive to buying Steem and SBD on exchanges to talking about Steem with our friends and family. The more Steem helps us help each other and deepen our relationships, the more good we are doing in the world. That is why we are here together today. Steem has incredible participation and collaboration relative to the value of the blockchain.
Only Bitcoin and Ethereum have more active communities than Steem according to the data we are about to see.
2: Steem is Already #1 in Transactions!
On Steem, every transfer has no fee and is completed in just 3 seconds which is why Steem is already the top cryptocurrency in transactions every day especially for micro transactions! Most fiat currencies work the same way with the majority of transactions being one person giving another a small amount of money with no fee instantly in person or making an instant transaction with a fee using a credit card.
Steem is the only cryptocurrency today which is truly prepared for mass adoption because users with no money and little money (99% of the world) at are able to fully participate. With transactions having no fees and being completed in 3 seconds, it is not surprising that Steem already has more transactions every day than Bitcoin and Ethereum combined while having a value that is less than 1% of Ethereum as we can see at http://www.blocktivity.info/.
Every transaction on Steem is proof that we collectively are adding more to the value of our blockchain.
3: Smart Media Tokens = Massive Growth!
In the next hard fork, Smart Media Tokens on the Steem blockchain will provide new way for publishers to monetize their online content and community based on the model proven successful with Steem’s community as seen at https://smt.steem.io/. This might not seem like a big deal until we remember that this business model rapidly launched Ethereum to the number 2 blockchain in market cap and actually number one when we consider all of the token markets on Ethereum.
Smart Media Tokens will bring the proven token launching business model from Ethereum to Steem allowing for ICOs to instantly launch and trade on Steem instead of Ethereum. Unlike on Ethereum, all the transactions will have no fees allowing for infinitely scalable tokens among established communities like bloggers, newspapers, etc. When we combine this with the number of users on Steem and ability to transact with no fees, we begin to be shocked at how low the Steem price is and see the chance to get in before a few other huge investors figure this out.
4: Investors Holding Steem are Earning 30%+ APR !
Holding Steem and delegating to a voting bot and/or upvoting ones own posts every day returns several times higher than masternodes making buying Steem and powering it up an ideal long term investment where the principle consistently increases and payouts are available every day! This is possible because of delegation where the value of the stake in Steem power is effectively loaned while the actual cryptocurrency remains in the wallet with the ability to pull the delegation at any time!
I currently earn a return of approximately 36% APR in Steem on about 120,000 Steem power. As of April 23, 2018 that equals about $150 a day in payouts in Steem and SBD that I can immediately sell or reinvest while the principle continues to grow and remains under my control at all times. Watch the video below to see how it works and make the delegation at http://jerry.tips/spdelegate.
5: ~1 Million Accounts in 2 Years!
Within just two years, we already have nearly one million accountsmost recent weekly Steem stats report here. At this rate, we are on our way to having over 100 million accounts on Steem within the next 3 years. When we reach that many accounts, Steem will be in position to take the #1 spot because we will have more wallets and users than any other blockchain. as seen in @penguinpablo's
6: Best Place to ICO and Promote Cryptocurrencies?
Facebook and Google both have banned advertising for cryptocurrencies which is making Steem the number one option for both launching and promoting an ICO once smart media tokens are released. As we can see on this post, I used bid bots to promote this to the top of the trending page at https://steemit.com/trending/ which is almost always leads to thousands of views a day from readers already active in the cryptocurrency world! With over 3,000 upvotes and over 1,000 comments on this post, we see how well this strategy works. To get this much attention on Google requires paying for that many clicks to a post on Google would cost anywhere from $1,000 to $2,500 with targeting matching our audience here with no possibility to get any of that money back.
When smart media tokens release, we are likely to see a lot ICOs start launching on Steem instead of Ethereum because of the ability to promote the ICO directly on Steem and obtain immediate access to the millions of users here. Readers here will be able to immediately buy into an ICO without even leaving the Steem blockchain after seeing the initial post making Steem the path of least resistance.
7: Environmentally Friendly and Transparent Mining!
Instead of miners needlessly wasting huge amounts of power and computing resources competing to make new blocks as on Bitcoin, witnesses on Steem are a leap forward in the evolution of producing new blocks providing a solution based on voting which saves a fantastic amount of computing resources and power making Steem one of the most environmentally friendly blockchains. View our full list of witnesses at https://steemit.com/~witnesses.
8: The Best Free Blogging Platform?
Bloggers love posting on Steem for the instant higher ranking in Google and long term search engine optimization or SEO benefits from posting to a top 1000 or so website with steemit.com along with instant mirroring on alternative interfaces! View steemit.com's Alexa rank at https://www.alexa.com/siteinfo/steemit.com.
9: Ideal for Media Attention!
Wired.com recently featured Steem in “The Social Network Doling Out Millions in Ephemeral Money” highlighting Steem being the first blockchain to also act as a social media platform at https://www.wired.com/story/the-social-network-doling-out-millions-in-ephemeral-money/.
Thank you to @andrewmcmillen for getting this article published on Wired which probably reached tens of thousands of readers on wired.com and more than likely continues to bring in hundreds every day from Google and Facebook.
What we see here is proof that as Steem grows, established writers already on Steem have a strong motivation to talk about Steem to build their own following here and have the chance to connect directly with readers in comments as well as earn upvotes from readers.
10: Competitors are Too Late!
Steem has first mover advantage for a blockchain with an integrated social network the same as Bitcoin was the first mover as a cryptocurrency. Bitcoin is number one today despite being technologically inferior to almost every other digital currency listed on https://coinmarketcap.com because it was the first. Nearly all of the competitors to Bitcoin are only a one to three fold improvement while generally to replace the #1 spot takes being 10x better. Steem is absolutely 10 times better than Bitcoin when we consider every reason listed here.
11: Live Streaming on Steem!
live streaming to our blockchain along with smooth video uploads without any percentage taken in author rewards!https://dlive.io/ by @dlive gives us the first application allowing
12: GitHub Contributions Rewarded on Steem!
rewards for open source contributions especially on GitHub which finally allows developers building valuable projects without a built in monetization method to fund projects. In fact, Utopian is the only platform rewarding contributions to Open Source projects by utilizing a decentralized, vote-based reward system built on top of the STEEM blockchain.https://utopian.io/ by @utopian-io and @elear enables
13: Best Blockchain for Musicians!
musicians, podcasters, comedians,@dsound by @prc empowers and any artist working in audio files to upload to the Steem blockchain and earn rewards without needing advertisers, publishers, or a record label at https://dsound.audio/.
14: Alternative User Interfaces!
alternative interface to steemit.com@busy.org by provides an which shows us the true power of the Steem blockchain to appear on different domains all with one Steem account as seen at https://busy.org/.
15: No Fee Crowdfunding!
first decentralized crowdfunding platform using the Steem blockchain to eliminate the middleman dividing founders from backers empowering a totally free way to support projects.https://fundition.io by @futureshock is the world’s
16: Many Mobile Apps!
Mobile apps for Steem like @esteem by @good-karma and @bsteem by @jm90mm allow us to fully experience the Steem blockchain on any iPhone or Android device!
17: Influencers Joining Steem to Earn Without Limitations!
YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals as explained in this post from bloomberg.com published on April 10, 2018 at https://www.bloomberg.com/news/articles/2018-04-10/youtube-and-facebook-are-losing-creators-to-blockchain-powered-rivals
18: Prepared for a Marathon!
After surviving a 98% price drop from release through the following year, we on Steem have absolute faith in our blockchain’s ability to endure through challenging times! I personally refuse to invest in any blockchain that has not suffered a massive drop like this in price because many blockchains have completely collapsed and many more will with the price drops massively for the first time. Board the Steem roller coaster ride at https://coinmarketcap.com/currencies/steem/.
19: Ideal for Self-Promotion and Charity!
Any author on Steem has the ability to self-promote and earn a return back from that voting bots at https://steembottracker.com/ by @yabapmatt. When we compare this to advertising on Google or Facebook, where else can we get a return at all from promoting ourselves plus more views? Steem is the best blockchain to use for purely selfish motivations because the returns are higher than anywhere else I am aware of after 4 years working with cryptocurrencies.
Meanwhile, giving back is easier than ever on Steem because we can upvote others without it costing us anything! I have helped readers, authors, and developers earn hundreds of thousands of dollars in my year on Steem leaving me feeling generous and charitable. None of what I have seen on other blockchains makes it this easy to help someone anywhere in the world to participate in the earnings.
20: Active Communities Supporting Steem!
Communities like the Minnow Support Project at https://minnowsupportproject.org/ help thousands of authors on Steem connect and earn upvotes on posts making Steem the only blockchain where every account has the ability to earn something without needing to buy, invest, or speculate!
21: Coming Soon to Many More Exchanges!
Exchanges will continue to have a strong motivation to add Steem/USD and Steem/BTC as the number of users continues to grow on Steem! Out of the top 10 exchanges today, Steem currently is only on 3 of them with a high probability of doubling or tripling this number within the next year.
Every time Steem has been added to a top exchange this year we have seen the price pump double or triple. We are expecting many new exchanges to add Steem this year which will likely result in price pumps each time Steem is added to an exchange with high volume as liquid Steem flows off of other exchanges onto the new exchange added. Many of the top cryptocurrencies by market cap have been completely driven by availability on exchanges. With Steem being its own blockchain instead of a token on Ethereum, adding it takes a lot more work and soon we will see the results of all of the exchange additions currently in progress.
22: Transparency!
Anyone can see the transactions for any account on Steem providing complete transparency and accountability to anyone in the world with an internet connection while reports on applications like http://www.steemreports.com/ allow us to aggregate and interpret the data! This ability to look at everything is ideal for sparking conversation and connection. Most cryptocurrencies have very little transparency which makes genuine connection and collaboration difficult as evidenced by both Bitcoin and Ethereum's struggles with forks and scaling.
23: Best Option Anywhere Online for Earning Passive Income!
tools for authors, curators, and investors to promote posts and earn passive incomeIn addition to what I mentioned earlier about delegating to voting bots, https://smartsteem.com/ by @smartsteem via @therealwolf provides a comprehensive set of without delegating all Steem power to a voting bot! In seven years of working online, earning a return through voting on Steem is by far the best passive income system I have ever seen because we can all see it working any time! Take a look at how many transactions come into and are paid out of @smartsteem every day to see for yourself!
24: Contests on Steem are Amazing!
A list of the top 25 posts on Steem helps us see how easy it is to collaborate and help each other on Steem making Steem the blockchain where helping another person to succeed happens with the least resistance! Contests work better than ever on Steem because everyone participating can easily look the wallet of the provider and verify the funds are there for a contest along with seeing results from any previous contests.
For freelancing, Steem makes finding help and paying contractors way eaiser than using Upwork. I was able to hired six graphic designers with less work on Steem using a contest than it would have taken to hire one on Fiverr! Freelancers worldwide are already hoping on Steem for the chance to earn and authors all over Steem offer services to each other making Steem an ideal place to build the world's top cryptocurrency freelancing platform.
25: Not Everyone Agrees!
What I love about Steem is that I can share this post and in one place hundreds of people come to disagree and explain why I am wrong! Where else can we see the good, the bad, and the ugly about a blockchain all in one place directly on that blockchain without visiting an off blockchain forum or external community?
My hope with this post is that you can see the whole picture of Steem to make the most informed decision to participate. I have effectively presented the view of why Steem is awesome and in the comments you can also see every reason while Steem is awful and will fail.
Love or hate Steem, it is worth talking as much as any cryptocurrency I have seen. Friends I have with millions in other crypto holdings talk more about Steem than those they are most excited about even if it is to say how awful Steem is the entire time! Steem has some of the best haters who would be shocked to learn how much they do to promote Steem and encourage new users that disagree with them to join.
My purpose in writing this and promoting it is to help you discover Steem before everyone else does. When the price for Steem is $100 and there are a hundred million users, most of the best opportunity will have passed. Going in a little bit today with Steem has the potential for a huge return. Going all in has the potential to turn a few hours or dollars into a fortune.
That said, I have been wrong before lots of times in life. I have made plenty of mistakes in crypto as seen in the video below!
Questions and Answers
Below we see a list of questions that may be helpful for those of us new to Steem and wanting to learn more after reading the 25 reasons above!
1: What are the Biggest Downsides of Steem?
One of the big downsides of Steem is the difficulty in listing and maintaining it on an exchange which has led to Steem only being on 3 of the top 10 exchanges. This makes buying and selling it with fiat in most places challenging compared to many other cryptocurrencies including most which are inferior in almost every way to Steem other than being easy to add to an exchange.
Another is limitation of Steem is centralization. While many features are decentralized and no one user can ban another, the majority of the power on Steem is concentrated and therefore makes an easy target. This is common to many cryptocurrencies even ones that promote how decentralized they are and it is unlikely any competitor will overcome this issue without opening equally challenging alternatives.
The biggest downside on Steem as in the rest of our lives is that most of our troubles are of our own making. Many of us earn much more on Steem than anywhere else for the same work and yet we make reasons why posting on Steem is not worth it. We find imperfections or make blanket statements about how certain people are misbehaving and we miss out on our own chance at a better life here.
I have seen several authors earning good rewards quit posting and sell their Steem because of a few downvotes or negative comments only to then feel bad about missing huge earnings when the price spiked. My account is one of the top in receiving large downvotes and negative comments because it also is one of the top in upvotes, love, and support. I know how much it can hurt to lose hundreds of dollars of rewards because one person disagrees or is having a bad day and my post happens to show up or I used a word or phrase that triggered fear in the title or description. That is the cost of doing business on Steem.
Our own mindsets and behaviors tend to limit us more than anyone else. Our freedom on Steem to share whatever we want and earn opens us up to the world in a way we are often protected from elsewhere and makes rationalizing our way out of here all too easy. For those that stick around, the rewards become tremendous as the posts from those that started and left add to the total value of the blockchain. Starting, working really hard, and quitting often provides little in return to the user while providing a lot to the blockchain.
2: What Happens When a Competitor Makes a Better Version of Steem?
Reason number #10 talks about competitors and how Steem has the first mover advantage and this answer provides more detail on that. While it is possible a competitor might take off, going from zero to a million users is very difficult. Very few blockchains have made it this far and even if a competitor reaches as many users as Steem has today in a year or two, how many will Steem have then? 10 million? 25 million? 100 million?
Being first is such a huge advantage that another platform will have to be way better than Steem AND grow exponentially faster than Steem to just break even regardless of what the dollar value is of the cryptocurrency today. This will be very hard to do because a lot of the people that would join a competitor if Steem did not exist are already on Steem as we are today.
Some of the next epic failures I think we will see in cryptocurrency are the blockchains with the most speculated market value that fail to reach a critical mass of ordinary users. One of these in the next year or two will probably drop 99% within a short period of time as its top investors realize everything was just hype and there are no real users. Those investors will likely want something with proven value instead like Steem.
3: How do I Respond to the Disagreement in the Comments?
I am grateful we do not all agree because this is what makes our world interesting! When we read the replies on this post, we can see the complete picture which is very helpful. In the thousand comments below we will find every reason to doubt what I have said. As we consider all of the hundreds of unique points of view posted in reply, we gain the full picture of Steem including the good, the bad, and the ugly which is the ideal point to form an opinion and take action from.
This post is clear proof of why I think Steem is amazing because each of us has a chance to share our truth here and every time we do it, we are adding value to our blockchain alongside everyone that feels differently.
4: Easiest Way to Buy Steem with BTC, ETH, LTC, and BCH?
Read the full tutorial or watch the video below!https://blocktrades.us is the fastest and easiest way I know of to exchange Steem and Steem Dollars with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. How do I use BlockTrades.us to make these nearly instant exchanges of different online cryptocurrencies, especially for withdrawing SBD fast?
5: How to Buy the Most Steem at the Best Price?
explained in this tutorial with the matching video below!https://bittrex.com is where I buy and sell Steem and SBD because the price generally is the best, the transactions are fast, and my account is already verified for up to 100 BTC withdrawals daily. While Bittrex takes more time signing up and getting verified, it allows for trading hundreds of cryptocurrencies including Steem as
6: Where to Read More About Steem?
At https://steem.guide I publish a comprehensive post of tutorials for Steem every month or two which I hope is useful for those of us new to Steem!
7: Best Way to Contact Me?
If you want to contact me, will you please visit https://jerrybanfield.com/contact/ because there I have the best ways to contact me privately?
8: Where to Ask Additional Questions?
https://www.youtube.com/jerrybanfield because I am available to react live to comments and answer questions every week? Here is the replay from the stream the day after this post!To ask follow up questions, will you please join me on my live stream each week Wednesday from 10 am to 11 am eastern time on Steem with @dlive at https://dlive.io/@jerrybanfield or on YouTube at
funds growth projects for Steem.Thank you for reading this post which I hope is helpful today for seeing the big picture of what we are creating together here and how all of our contributions are making something amazing! All SBD rewards from this post will be sent to @budgets which
Love,
Jerry Banfield
Shared on:
- Facebook page with 2,260,298 likes.
- YouTube channel with 234,900 subscribers.
- Twitter to 101,630 followers.
Let's stay together?
- If you want to stay updated via email, will you sign up either to get new emails daily at http://jerry.tips/steemposts or join at http://jerry.tips/emaillist1017 to get an email once a week with highlights?
- If you would like to build a relationship with me online, would you please visit https://jerrybanfield.com/contact/ because I would like a chance to get to know you?
Our Most Important Votes on Steem are for Witness!
- If you do not know what a witness is on Steem, will you please read https://steemit.com/steemit/@gmichelbkk/what-is-a-steem-witness-how-to-vote-and-why because our votes for witnesses determine our future together here on Steem?
- If you want to fully participate in witness voting and have never made a vote before, will you please set me as a proxy at https://steemconnect.com/sign/account-witness-proxy?proxy=jerrybanfield&approve=1 because this help me to make all witness votes on your behalf and keep them updated?
- as explained here?If you already have voted for witnesses and prefer to update your own witness votes, will you please place your vote using https://steemconnect.com/sign/account-witness-vote?witness=jerrybanfield&approve=1 because you will feel good knowing your witness vote is helping fund projects that grow Steem
The fact that you spent so much to promote this to the top of trending and it has over $2k in rewards is absolutely disgusting. You and all of those bot owners who contributed to this should be ashamed.
You're making Steemit look like a scam while trying to promote yourself and make yourself feel important.
It's fucking pathetic, Jerry. Some day the community here is going to wake up, I hope that happens before you do more damage.
it's the rules of the game. Steem doesn't have a proper promotion system so ppl buy upvotes to promote themselves. The only problem I see is that ppl feel they can't make money on Steem w/o having to buy votes. Jerry is just using the system as created.
we get to choose the rules of the system lmao. So "Jerry is just using the system as created.", just means "As long as we allow Jerry to operate in this way its completely fine"
Agree 100%
Jerry invests % of what he earn back in steemit. He promote the network with advertising. I visit this post from twitter. Also this article proves how well he knows steemit and what is better for the network than someone knowing it well having the money and ideas to promote it? The Richer Jerry got, the better steemit will become! He's a true steemhead. Keep it up man!
Maybe
How does a post stating steemit is better than bitcoin prove anything?
They're all going to zero anyway.
I like boobs
This escalated quickly.
actively looking for good quality content? Are the bots creating content? How are the bots participating in a positive manner in here, other than upvoting all the rubbish ?? Not to mention jerry jerry uses his own bot to promote himself. How is that good character ??Jerry invests less than crap into @steemit . He pays to the bots to promote his low quality posts. How is paying to bots an investment in Steemit ?? Are the bots
I promote myself writing stupid comments like "I like boobs"
I like boobs
I don't know about that...I only know that I like boobs
But do you really??? I don't think you're into boobs.
lol
If youre a big fat man im a tittie fan and i'd like to see yours to!
Steem in 2021
https://steemit.com/meme/@yanlipavsky/bl6oyev4
Agree 77.35%
Very true, i just joined Steemit this year and it feels really bad if you put hard work into a post and nobody can even see the post if you dont use bots. I really feel i have to use bots just so my post have more exposure and more ppl will see it.... It does feel the system is kinda flawed no? I hope this will be different in the future... And yes, insane money made with his post lol, i wish i would only get 10% of that :)
bcs of people like jerry all the good content is drowned into the pile of rubbish promoted into the trending page .
Hey @baloo! Congratulations on using your voting power. I just checked up on you on steemnow.com. Even at a reputation of 49, you are still making a difference.
This is not using the system as created; but it's abusing the system, which it wasn't created for people to pay tons of money to advertise. It was created to incentivise and encourage it's users to create good quality content . Which is not the case with this post .
Bots have been around for ages and remove the ability of good quality content to get to the top. It hasn’t been like that since before I joined last year.
sadly the people who are all for the abuse of the system, do not realize how they are killing the future of the currency. Several people on this thread notice the flaws; and those flaws should not be 'defended', but are, by others who 'also' are exploiting and abusing the system.
People who rob banks don't snitch on other bank robbers....
the system is rigged....but even if people buy votes, steem is actually superior to all the other cryptos
These cocksuckers are supposed to be using the FUCKING PROMOTED TAB at the top for shit like this. NOT USING BID BOTS to abuse steemit!!!!
Hmm would you say my haiku contest isn't good quality content? What about the haikus it produces?
If it yields creativity and brings something new to the table, then yes, it brings some value to the community . Now it's up to you whether you maintain or increase the quality of it or not .
Cool. Just checkin' y'all!
Since all the data is available on the blockchain, someone could make alternative site which filters all the promoted posts automatically.
Totally agree. The Steem developers have grossly neglected probably the single most important aspect of the Steem economy which is the promotions and advertising feature. This feature needs developing much further.
I wish I could buy a few votes, in my different posts, I can only achieve 1 or 2 votes hehehehe
I can't promise I'll upvote any of your posts, but I upvote commenters on my posts, and I'm more generous than some.
You're always welcome on my page.
Thank you so much. I am follow you now.
I know how you feel, actually most of the people here are in your situation unfortunately...
And it will continue that way because with Steem, the money goes to those who already hold the most money!
Sad but truth
well the thing is, the more steem someone holds, the more steempower they have, so they basically see self-voting or delegating/selling their votes to a vote bot service as getting a return on their investment. Then they plough their sbd/steem rewards into bots to gain further profits. Steem is just like any other crypto at the end of the day where the big boys are looking for big returns.
Yes, that is the sad truth. Greetings.
Hey @juancarlos! I just checked up on you on steemnow.com. Even at a reputation of 44, you are still making a difference by voting on quality content. Once you start gaining more steem, you can learn how to regulate your voting in a measurable way.
You're right, I have no idea how to use my vote,
I need to learn it.
I 'think' that is a bot; saw it comment on a few other people with literally the same text ....
for sure it's like that, a bot that recognizes what your level of reputation or voting power is
It's not just a feeling. It's a fact.
I don't buy votes (not here for the big profit) and I make about 3 Steem a month. That is not what I would call “making money”. You probably make more with each self upvoted posting. But my self upvotes are worth Ȿ 0.01 which get's rounded down to zero after seven days.
You have joined in 2016 when opportunity was ample and competition low. These times are over. “Isn't that a pyramid scheme?“ I was asked yesterday. That's a hard hitting question.
I for one have a Minds account as well because Minds is only adding crypto right now. At Minds I am the first generation early adaptor.
I didn't know Minds is adding a cryptocurrency, that's very interesting. Frankly Reddit and Slashdot and even Facebook and Google have been in that position for years where they could do that but I suppose it can be legally difficult to navigate that as a corporation. Besides of course raking in all that money for themselves, why would they give you some? I mean you are only the one generating all the worth of their platform after all.
"It's the rules of the game"...but the game itself ain't that clean, huh?
.
I am agree too!!!!!
In this case, one is to promote yourself and another thing is to buy 2k rewards in votes. This is a little extreme promotion, don't you think? :))
100 % True
Exactly! You know he buys upvotes...buyer beware. Skepticism should be as second nature as cynicism in this age, just exercise it and move on!
i like the post and i want to steem to be #1 cryptocurrency
true @ashe-oro It is the way to facilitate the visualization of your publication, but you must invest, even if what @berniesanders says is true, but more truth is that without the healing bots, you can not have more votes.
okay so they created it then!
Fully agree. If people are upset/jealous that others are using a bot feel free to create your own and attempt to make it successful. Successful bots deserve their earnings.
THEY DO HAVE A PROMOTION SYSTEM. Those mother fuckers CHOOSE NOT to use it. They RATHER ABUSE the system & not play the game right!!!! SEE THAT PROMOTED TAB at the top right. That is WHERE THOSE COCKSUCKERS are supposed to be putting this shit at.
Agree
the vote bots get more income over time they will become powerful.
Yes, True
How is this different than every single other platform out there?
I fully Agreed!
oww again it still seems One (Me now) commented to be upvoted!
That is very judgmental (imo). I don't think Jerry's intent is to make #Steemit look like a scam or that his success and continual commitment is disgusting.
With all systems the rules of the game are that, the rules. Yes there are ways to upgrade, evolve and improve and I advocate, as many of us know, that Steemit is an emerging technology.
Let's celebrate what we like instead of bashing what we judge?
Cheers!
capital accumulation. As the vote bots get more income over time they will become more powerful. If you are going to do anything to stop this it has to be sooner rather than later.
I predicted/proved in 2016 that there was no solution which could make “proof-of-brain” equitable.
The whitepaper of Steem even admits that the “proof-of-brain” reward system depends on being able fool most of the users into doing more effort than they will be equitably rewarded.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
Vote bots are run & controlled and owned by the owners of those bots, right? In that case, those people get the capital from those bots. Whether you like it or not, isn't that how capitalism work? Those people have the freedom to do whatever they want with the money they make from bots. Google, Facebook, & so many are making money off us. Facebook uses bots but they calls Facebook Ads. Facebook is making billions of dollars each year off us. I believe in freedoms in the markets to let people do what they want, good or bad. But real people on Steemit can outnumber and outpower bots eventually because people like people more than bots and are more likely to upvote people more than they upvote bots to some extent or that is at least the potential.
you may believe in the freedoms of the market, but I believe in the complete opposite. I believe in freedom for the people.
So are you completely atheist? don't you believe in supernatural?
why?
just curiosity..... because of you nickname
I believe they are the same thing. The market is dictated by the people, even the little people. I just checked on your voting power, which is at 87% at the time of this comment. This is a good thing. If more minnows were using their voting power on quality posts, we'd be significantly minimizing the damage the larger scammers and abusers are causing.
the market is dictated by trends that force people into groups based on how they act, so each person has the freedom to choose what position they join, but the outcome is the same.
But anarchy, muh job creations and free market!
They are definitely not the same. Jerry and other groups make out as if if you follow certain rules (quality posts, engagement etc) you will prosper here. It is not the way this works at all. They are quickly writing their own rules, hiding a lot under the table but doing their best to promote the system as though it is squeaky clean. They will do everything in their power o keep the status quo even abusing features like the flag button, circle voting (assisting or turning a blind eye to those who are doing it for instance). It's all looks clean, they are either assisting to protect you and I from spam, scams, or generating quality content by curating.. it's all hogwosh. It's straight up thuglife. The sooner people act collectively, the better.
Capital centers itself around a single goal - profit. People center themselves around other goals, but it becomes hard to organise around such things. Hard, but not impossible.
This is exactly right. It would really need to be up to the minnows to band together. I think that was the whole point of the curation trail in the first place. It has become abused as well, but at least there is some good with it. I actually talk about how the minnow vote matters in my video here: https://steemit.com/voting/@littlescribe/ysuyl18g
@anarchyhasnogods you are on a roll, keep it up
People tend to believe in freedom of the market right up until the point where the market begins shitting all over them, at which point they about face and start crying about it.
I have always been against the market, even when it benefits me.
Me, a "unwoke" person: "Yeah seems reasonable if one follows their principles and we can't always control the things that are out of our control."
Me, a "woke" person: "Well.... uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh... muh markets are inherently good and can never be challenged ever if it's truly free! Freedums!"
You’re ostensibly conflating monopolies (due to power vacuums) with free market capitalism.
For example, central banks loaning money to the government (thus forcing regressive taxation) came about because the power vacuum of democracy is totalitarianism.
You’re incorrect to blame the free market for the power vacuum of democracy. The problem with Steem is they haven’t designed the rewards system correctly. I will fix that problem.
There’s nothing wrong with the free market, it’s the design of the system that is fucked.
The alternative to the free market is democracy which is totalitarianism. How many examples (c.f. also) do I need to provide to convince you?
Unless I’ve misunderstood your stance, this is a very grave misunderstanding on your part. I hope you will lose that tendency of chasing your own tail and not realizing it. I hope my elucidation has helped you see the truth.
The freedom of the market is the freedom of the people because we the people are the markets.
incorrect, the monopoly of violence enforces arbitrary property laws (private ownership of the means of production for example), and attacks any area without this same system, in an effort to survive. Private ownership of the means of production and capital accumulation forces people into positions based on their actions, and forces them to continue acting in a specific way or lose the position. This means regardless of who is where, society will take the same path. Freedom is when society uses democracy to decide its future, not when it struggles for decades to fight the markets for literal survival (in the case of climate change, and imperialism, for example).
and using that logic, I can say every system is the people, so thus every system is "free". You can say whatever you want about the correctness of that definition, but that doesn't make it useful.
The definition of freedom I use is the ability of the individuals within society to determine its path, which is not what happens today.
Would've made Hegel real proud with self-consciousness and self-determinations.
I believe in making the most useful product. A site filled with self promotion isn't useful.
Looks like they added a feature to slow down the process of upvoting. Simple answer to the mass upvoting bots for now.
https://steemit.com/meme/@yanlipavsky/bl6oyev4
stop advertising
Pot calling the kettle black
In your thoughts ?what will be jerry want to prove to be for this post? You is one of the big name here @berniesanders. so i will appreciate what is your nice great replied it's knowledgeable to me. Thank you.
I don’t know the problem in the wrong rules that allow abuse sometimes, or in the people who take advantages of such rules? I am really wondering and caught in between ethics and legal business opportunities !
3 likes on Twitter as of now, man that's some trending
Have you looked at his followers on twitter? I hope he didn't pay to much for them! Likewise, I would have expected someone with over 200,000 subscribers on youtube to have more than 438 views since he put the video up.
ftfy.
I smell a great conspiracy theory here...
Yeah, it is not like YouTube ever censors and hides views and shadow bans and it is not YouTube terminated my OJAWALL channel because that would be crazy right?
That YT killed your channel is one thing but has nothing to do with jerrys 200k subs which are obviously bought. And even if yt hides his uploads with the glorious algorithm he should have more viewers than 0,25% of the subs. If I compare it with the yt channel of my girlfriend who has 200k subs I would say he has 5k-20k real subs and bought the rest.
YouTube censors anything they want. YouTube messes with my newsfeed, AKA subscription feed. YT shows me channels I didn't subscribe to sometimes. Normally, no problem, but once a week, I get something in my subscription feed. Twitter shadow bans. Facebook does it. Millions of people can tell you what the HELL I am talking about. For more info about this, go check out the videos of http://MarkDice.com
These cocksuckers are supposed to be using the FUCKING PROMOTED TAB at the top for shit like this. NOT USING BID BOTS to abuse steemit!!!!
Bitcoin is almost crossing the finish line, Steem just started its journey and has a long way to go.
You forget that BTC is the virtual gold. It will always have the greatest value.
If you use the word always, you're wrong 99.99% of the time.
Your statement is clearly ludicrous and based on no evidence or even apparent logic. You operate on tautology.
Hy vọng vậy
BTC crossing finish line? That would pretty much mean the end of cryptos if that would be true. BTC will be worth hundreds of thousands of $$$ in a few years. if not million + .
This is what happens when you buy followers.
This is what happens when you buy followers.
Maybe the answer is a steem-blockchain-based platform that doesn't use post payout value as the basis for post ranking? I dunno. There is, of course, one's feed to help you curate what you like to see best, but how to find those in the first place? It's a conundrum. Anything that can be bought will be sold. In this case, what's valuable is $ on a post, so people buy valuable votes. As I go through a list of the possibilities of how to organically rank content in my head, everything is purchase-able. (And, even worse, those who already have the power have the ability to gain even more power, since wealth is power.)
Perhaps a platform with 'trending rankings' based on how many real-human comments it has? pro: things are ranked by actual interactions. Con: It seems hard to program an AI smart enough to tell the difference between bot comments and human comments...Though, captchas to answer before you leave a comment? hm.
But... we can all agree that, relative to many posts on this platform, this one isn't worth 200,000 times as much as the average noobie's introduce yourself. So, shouldn't we all "disagree on rewards"? Except the power is concentrated in the hands of so few, and there is such an incredibly strong anti-flagging social pressure, and my trickle is better spent upvoting the content I like than downvoting the content I disagree on rewards for, especially if I don't hate the content, just think it's not worth $2k, and since it'd be such a small drop in the bucket...
OH!
oOo. There could be a ranking platform that would pay curators a little more proportionately that had them compare two posts and vote on which they liked better. If you wanted to be considered for the trending page, you'd opt-in. Hmm.
I'm no developer, but that would seem a little less abuse-able. Ideas Ideas.
Putting forth actual ideas is worth an upvote.
I appreciate it. I do hope there's some method by which the average user's interests can be taken into account as the platform develops, even though so much of the stake is currently held by a very small percentage of accounts.
MY foot!
This one (Jerry) is behaving like a man who visits a sick friend with a KFC piece of chicken. All will be well, he tells the sick man, while secretly emptying sick man's pockets money more than his KFC chicken cost.
I Joined only recently, and among the top names i heard of around here as iconic, was Jerry banfield. But with this kind of nonsence, heck it is nonsense. $2,000 plus!!! Seriously this work that is merely full of polemics and semantics is not worth more than 100 buck!
The title was enough for me, I won't even bother reading the article itself. Last time I read his opinion about cryptos(months ago) he clearly stated he is 100% in Steem, nothing else. That's a pretty big bias and an insane risk. And also the biggest mistake since any crypto project can become worthless in days or even hours...
True.
Personally, I lol'd at 'faith'.
Làm cách nào để đăng bài
Bạn chỉ cần đăng một bình luận. Tạo một bài đăng blog là khác nhau.
Its funny, trust me, but not good for the platform at all.
I have a weird sense of humour - as anyone who reads my #comedyopenmic posts can attest. No, I was laughing at the absurdity - I know markets are hard to predict, but faith, if that is a tendency to ignore evidence, is not a good trait in someone giving you investment advice.
I agree. And such a comic way you put it! I should follow you pronto!!
I got your LOL there Sam. I have seen you on the comedy stuff too.
Thanks.
I'm wondering if part of what makes this all so jarring is that we are not its intended audience. What would a less-scrupulous potential investor make of that list? Are comments about 'faith' a way of telling outsiders that most of us would probably leave it too late to cash out if things turn irrevocably bad?
@Mirrors, do you say the same thing to people who smokes, do drugs, drink, buy a bunch of video games, cheat on their wives, etc? Does it matter? What happened to free will? If I want to eat KFC chicken while dying & overpay for the stupid chicken, would you try to stop me or will you let me have the FREEWILL to throw my money away?
KFC is a crime against humanity if there is Popeye's available.
This heavy-handed bias may have been appropriate.
KFC is the national Xmas food of Japan
I love eating chicken. I love eating from gardens even more.
Popeye is pretty good it seems. I prefer gardens even more.
So you are doing this with every great post ? STOP BEING ENVIOUS WOMEN , and STOP Valuing people Works ,
Bernie I wrote a point-by-point rebuttal.
I think Jerry creates allot of good material. Is it worth 2k dollar? maybe not but than again i rather have the content creator earn money than a giant company who can also censor and dictate to us what we are allowed to write, think and earn.
If you think you can do a good job writing why not focus on that and create good content? Thats why STEEM was created for.
LOL what a joke berniesanders you flagged my comment here because I don't agree with you, wow. This is what you want for steemit, a platform of censorship. Kindly send me the steemit use handbook approved by you so I will know moving forward how to "use" steemit per berniesanders.
I flagged you because you're self-voting the fuck out of your posts and comments. There are FAR more flags to come, trust me.
Why haven't you upvoted this one yet?
why is that an issue? Where can I find a rule book on voting?
There isn't one, that's the beautiful thing about Steem! You can self-vote all of your posts and comments, and I can come along and (down)vote them all as well! Why you ask? Because there are no rules!
how is this productive? And why do you care what I do with my vote and investment?
Why do I care? Because you obviously support people like Jerry, who I think are bad for Steem.
Bugs get squashed, don't be a gnat.
I'm new and sorry for the dumb question, but how do you down vote?
Just click on the flag icon to the right of each comment or post, and vote someone down the same way you'd vote them up. You have to keep in mind, though, that a downvote also uses up voting power. So use it wisely.
Flag icon, far right from the poster and post age.
what is funny is that you are upvoting your posts too, omg finally some fun here :))
You do realize I have no choice, right?
Yeah, that is right, at least for some of them. Sorry, now I realized that. Anyway, congrats for flagging jerry, he got that post overrewarded
https://steemworld.org/@berniesanders why don't you want to talk about the fact that you are self voting as well 15.74%? Why not let eveyone know you are a hypocrite that self votes your content as well? Why is this ok? Why haven't you flagged any of your own content that you up vote? Where you at censorship ranger?
I deserve what I get from the reward pool because the majority of my voting power goes to flagging trash like you, spammers, scammers, etc.
Keep going, this is about to get real fun for me...
This is the @berniesanders I have missed. Steemit need more fun again. And you always bring the fun. Maybe you could join my #ShitPostChallenge & have even more fun.
https://steemit.com/shitpostchallenge/@thabiggdogg/7qok6h-shit-post-challenge-win-nothing
Where do you live tough guy maybe this would be better handled face to face?
kek
Another one with a dead account. Too bad you're too fucking ignorant to understand the difference between $.75 and $2k. Bye bye!
berniesanders is an absolute joke. Dude is self voting and flagging others for the same shit. Not man enough to meet me about it, punk bitch. Just another hypocrite hiding behind his keyboard.
lol 2k per post? Damn, I'd be milking the system too. I'd take 20 cents for a post. I can't even get 5cents for a post. I'm broke bitch! @berniesanders
The post has a loss after bids. Pay some fucking attention.
I think we need to own up to the fact that the platform is broken. And unless we demand some serious change. It will stay that way.
Jerry is just another in a long line of people that's studied the playing field. Found the flaw. And is exploiting it to his benefit.
Right now there is 0 reason for anyone to join this platform unless:
It's a sad state of affairs.
They should remove bots that vote together most of the time... it's a growing problem.
and voila, there you have your reason why steem will not take that spot from BTC. I'd be surprised if it will be top 10 in a year's time...
It's not all bots though, is it? There are some actual idiots upvoting this because it had a clickbaity title.
@berniesanders I am not disagreeing with you at this point, but I wonder where your strong opinion comes from... I am not sure how much internet marketing you do, but the name of the game on social media is Automation. Bots are everywhere, facebook, twitter, youtube, reddit, instagram, pinterest tumblr, literally on every single network. Do those bots add value to the network? I can tell you with certainty that getting bots to pick up a keyword that you targeted is worth money.
I understand we aren't really talking about automation of boring tasks here but we are rather talking about paid promotion. Again, every single social media has paid promotion in some form or another and that includes steemit.
I perceive the voting bots as probably the current best way to promote your content. Do I want it to be like this? No. But if there was an advertising system ran by Steemit then it would most likely be a centralized advertising system. I wish we had a better option but it doesn't seem like we do.
Also I see you upvote yourself a lot to collect rewards, either that or one of those other accounts talks to people the exact same way that you do. Why do you agree with that part of the system but not paying money to possibly make money with vote bots? Thanks for your thoughts.
Absolutely true, fake guy whit bots trying to speak about steemit sucesses. Steem will be like bitcoin when people like him will stop using bots to be in trending and will be writing unice posts.
Exactly ,paid post, bots and everything else is taking the lime light here. No genuine posts making money, just paid promotion and bots helping to pep up the vote.
Absolutely true, I have been writing since many days, trying harder and harder, even some of my articles are better, if not the BEST, but still I haven't been able to receive even $1 on my good posts, that is pretty disappointing even though my fan following has increased to 72 as well.
It takes a while. Consistent posting with authenticity does bring results. It may not be huge dollar amounts, but you will connect with people and your voice will be heard.
You are absolutely right.very good comment
How come you promote #steemit but still recieve sbd for upvote stupid post. LoL
Steemit is Dead to me
Steem in 2021
Logged in to Steemit for the first time in over a year and see this utter garbage on the top of trending. 100 minutes of tokenized shite. Pathetic.
Remember Jerry taught people how to "HACK STEEMIT"
https://www.bing.com/videos/search?q=steemit%20hack
https://www.youtube.com/watch?time_continue=1595&v=gAq94j1-11Q
Hey, I'm a newbie but I'd already figured out that you are an asshole. Now I'm having my doubts. Did I get you wrong? Are you against all of this vote selling bot shit? Are you for 100% human curation? If so, then I'm with you, at least on that. :)
This pushed me over the edge. @nextgencrypto has my support now.
It's about time. I'm tired of fuckers like this. My VOICE can't be heard because of WHALES like him that will silence people telling the TRUTH on here. People are lucky I don't have half the power Bernie does because if I did they would be FUCKED way more than what he does to them. HAEJIN wouldn't be here right now. I would have made sure he was gone. But getting my 5 cent post flagged from fucking donkeys really makes it hard for me to level up on here. BUT PAYBACKS A BITCH MOTHER FUCKERS!!!!
I wish online rage could rattle the online cage, but instead you find yourself fighting invisible ninjas and flailing about, realizing suddenly that you've embarrassed yourself again. I know, I know very well, because I agree with you. Every fresh platform that shows up soon get taken over by the self-serving pirates of the digital seas. The world is still dominated by, well, the dominant. If you don't embrace dominance as a valued trait, there's little chance to tip the scales in your favor. If you can fight on behalf of the greater good, you have to ask how that can be done... Mass participation? Collectivist battleships? How can we build collectivist battleships on the platform? Can we delegate an account as the tip of the spear and devise a way to divide the winnings? I'm a newb to blockchain so I'm just spitballin' here.
I didn't embarrass myself. I slay those fucking wanna-be ninjas. Those ones who claim they are SELF MADE FAMOUS. Ones who claim they have had years & years of this & that. Simple search & you will see YEARS & YEARS of MY NAME on the INTERNETS!!!! I'm more FAMOUS than any of them combined. I just don't fucking brag about it like they do. I don't SCAM people for money. I don't BEG people to GIVE ME money. I EARN what I get. People REMEMBER things that I do. Others are just a slight memory of something they did. People will always remember the things I did.
Maybe you could join my #ShitPostChallenge & have even more fun.
https://steemit.com/shitpostchallenge/@thabiggdogg/7qok6h-shit-post-challenge-win-nothing
I tried to vote for you but you didn't win.
DAMN YOU TRUMP!
So what? If a man can do it let him do it, like you wouldn't do it if you were him. 😁
Yeah, never mind the uninspired mindless steemit and bitcoin praising
I have yet to understand the bitcoin praising. Maybe one day I will.
man I agree
Why dont you give it a break, you're always on his case.
Why? Because he's making Steemit look like some fucking get rich quick scheme and that's the last thing this place needs right now. He's scammy, whether intentional or not.
BTW, I love the resteeming posts shaming people for "gambling". What's that all about? Gave me a good laugh.
I came personally to crypto to get rich quick in a legal way.
They gamble when they shouldnt.
you rock
This guy is a complete shill, I put thousands of hours into steem to make not a dime, just to see this guy clean up for years. I keep trying, I don't need shill monies to love steem
This post has a loss (negative profit). You put thousands of hours in to achieve that?
no, I didn't start off like that. The community was ok at a point, until this incestuous frenzy too hold. Now everything is about leasing your steem power and up voting whales posts, instead of about content creation.
wow good job bro........
the whole bot system is killing things. sadly little will get done about it, until people end up leaving, or just run some automated type post system, where a sequence of bots just vote on it.
What a nice catch...! There has to be action done..Many people are using technology, for any kind of cheating/manipulation..and Bot Owners is the correct word for this :P
Agree
BIG PROJECT
10 reason Scamfield is an asshole
https://steemit.com/steemit/@vaerospace/10-good-reasons-steem-will-not-ever-replace-bitcoin-as-1-cryptocurrency
I'm a new user and i'm using steemit because i'm sick of all major social medias where you need to buy your promotion. If i'm creating good quality content i would like to get rewarded for what i've done... This is why we're supposed to use steemit... no?
100% agree
Welcome back after 2 month.
Thanks, will update the steemit daily from now on.
You need to organize the revolution, @berniesanders !
Maybe you could join my #ShitPostChallenge & have even more fun.
https://steemit.com/shitpostchallenge/@thabiggdogg/7qok6h-shit-post-challenge-win-nothing
I agree with you 100%
agreed
There must be a way to combat this kind of manipulation. Could downvotes help?
Steemit will never become hugely popular if it's filled with this kind of promotion.
amazing
If you have a hammer you can build a house or kill a man.... but the hammer is just one tool....
True, is so disgraceful.. what can you do.. let's clean this crap. He's not invincible, and there is always flagging alright? Looks like we have a lot of cleaning to do here @anthonyadavisii . Look at this ridiculous pool of rewards for basically zero value content.
Unfortunately @berniesanders this is how Steem Works. When i started here there was not so much usage of bid bots.
I am now seeing post begging people to DELEGATE steem power to this mother fucker because FACEBOOK BANNED HIS ACCOUNT. If he can spend $2000 on BID BOTS. That mother fucker has enough STEEM POWER already. Don't cry me a fucking river for this fucking guy. I haven't had a fucking job since 2006. You don't see me having people beg to send me STEEM POWER do you????
Your post has been upvoted and resteeemed.@berniesanders: @Thanks a lot for the honour of receiving 7 flags on my currently curated steemit articles. I couldn't hope so much@. ^You should feel lucky Bernie Sanders @berniesanders that Jerry Banfield @jerrybanfield doesn't flag you down to 0 curation on this comment. You are still winning a part of 39.12 STEEM = +++ USD by hate-speeching as a low-life spammer on this trending Jerry Banfield article, btw, FYI. Is that disgusting?^ @jerrybanfield: Congratulations. You made it in the top 20 steemit witnesses.
Agree
Agree 100% 👍
And waiting for the day when steam will be finally worth more 💰💰💰 than bitcoin.
For now I wish good luck 🍀 for everybody on ♨️ steemit.
exactly part of my other comment too; the way that steem is set up, it allows too many people to exploit the system; It's a currency where only the Whales make money or benefit from these platforms; Everyone else drowns in the Ocean.
Agree with you @ berniesanders
The fact that the post is also inferior o other better content, that is the saddest part about this type of abuse of the system. People like these post a lot of content giving people false hope while hiding the really dirty underhanded facts about this platform which is being made worse by abuse of the features at their disposal. I used to follow but I discovered they are not as principled as the make themselves out to be. It came as a sad realization.
good
goood
Even after you realized this thing you still using Steemit right? You can't force people like him to quit from Steemit neither do i, and if you are leaving Steemit people like him will be more and more to come and Steemit will become passive or cold community.
I'm new at Steemit but i'd love Steemit, this is why i will not leave from here, i will defend Steemit to stay active, fun, exciting social community.
Let's be friend. This place where people can help with their votes, sharing ideas and discuss everything..
I agree!!
@berniesanders agreed
How much money do you think he spends on promotion?
you act like steemit isnt just like every other social media platform
steemit is like a game. the system is you pay to get votes. for other crypto, you need to spend lots of money to mine the coin. here in steemit, you post to get coins. know the game well to play it well. since you know this is the way to make more money, why don't you do the same?
can you think of any other legal investment products that offers you 10%-50% returns on your investment in 7 days?? i can't! i only found out about this after reading more on google and steemit.
if you only have $10 to buy votes, then you make lesser. if you have $100 to buy votes, you might even be able to make a good side income from steemit every month. if you have $1000 to buy votes everyday, you can treat this as your full time income!
sorry @berniesanders what is the bot you own called again please? i ask because i would like to start using it thanks =]
Hi, you talk about him but we talk about you doing rage post just to get noticed and win steems too??
Very well said. If it gets informative articles like quora or medium, It'll be one of the top website ever on the internet.
everyone to their own, be the envious
Is this right @bernisanders ?
I like bots. Google can do it but we the people cannot use bots? How many bots does Facebook use? We do not know because they don't call it "BOTS" but those bots are bots and they are invisible to our eyes on Google and Twitter and YouTube and Facebook and many websites and apps and more. We do not know what we do not know but it is worse when we do not even know that we do not know how the real world works. Facebook is making money off us. But it is ok if Facebook makes billions of dollars each year off of us but it is automatically bad if we try to make some money on Steemit haha?
http://DrudgeReport.com #InformationWar #DeleteFacebook
Shut the fuck up or I'm going to start flagging you again.
YEAHHHHHHHH I told ya he was a FUCK!!!!!
insane amount of money just to hurt other people.Flagged for expressing his opinion. You're a real piece of shit, @berniesanders, and every other high horse busybody motherfucker here who's using an
You are the problem of Steemit, ok? Not the bots, not the people, You. You and all the self righteous cunts who just flagged this post, along with other cunts on this platform like madpuppy and grumpycat. I don't fathom how insane a person has to be to put hundreds of thousands of dollars worth of cryptocurrency into an account just to cost other people money and hurt them, like you do. You don't even abide by your own supposed rules; did Joey up here get 10 bots on the case and upvote the shit out of his comment? No, he just expressed his opinion. And not that it matters that he potentially missed out on the lousy 1 cent of payout he might get from the occasioned upvote, no you gangland hit squad motherfuckers had to pile on to really suppress what this guy was saying.
Man I've seen some shit on this platform and I never thought I'd look back fondly at the occasional follow/like spam I'd see on nearly every post, how quaint that is compared to what people like you do. You're genuinely psychopathic, you are the main problem of Steemit right now that I can see, beyond issues that will no doubt resolve themselves once the platform gains more users. Do you think people with skin in the game on this platform would risk saying something against bullies like you or acting up rather than being legitimately scared that criminals like you would come after their livelihood?
And the absolute worst here is that absolute imbeciles like you, @berniesanders, cannot be deleted or banned or invalidated in any way. You have free reign to bully whoever you like because you put a bunch of daddy's money into your account to go scratch people's cars online. You highlight that the problem we have here is actually the inverse of what the developers intended for this platform. Instead of it being free from censorship without a central authority exacting organised punishment against dissenters of any kind, we instead have given the abusers free reign as long as they have enough money to play the game. What do you think stops the PRC government or the NSA from dropping a billion bucks into steem and making sure that every mention of stuff they don't like will be nuked from orbit immediately? Or any corporation for that matter that wants to suppress information over illegal/immoral activity they're up to, or punish competitors?
And after all that, the fucking nerve you have to call yourself after Bernie Sanders, a real person who's done more work to help society in a day than you have in your whole life. You are putrid filth and don't deserve to breathe the same air as this man, or any air for that matter.
Fuck You.
what happens with flag im new in community
Sir @berniesanders in my personal opinion @jerrybanfield The no 1 promoter of Steemit platform in several social media platforms by advertising Steemit and what he did is the only use of those services anyone can use to be on trending page and it's for the betterment of Steemit community why so he usage these bots not for the personal interest as I think. You can see my post dedicated to the @jerrybanfield how he attracts thousands of the people to Steemit platform.
ONE WORD ..... EOS !
Hello jerrybanfield ,
steeem is great crypto currency its increasing very fast in 2020 its look like bitcoin because its team is active and thanks jerry i am following you love you have a good day
If you don't like the way Jerry is promoting and using steemit then you must disagree with how the platform was developed. Whether you want to believe it or not EVERYONE here is using it for the sole purpose of making money. Jerry has been the biggest advocate for steemit that I've come across in this community. The fact that you are here badmouthing Jerry is just sad. Steemit needs a lot of help with development and promotion if it is going to be around long term and what you are doing here today isn't productive. Why do you care that Jerry spent money to promote his info? You should like the fact that someone cares enough to put great continuous info on here to help educate newbies about things. Keep doing what you're doing Jerry you have been by far the biggest advocate of steemit that I have come across since using it, let the haters hate.
https://steemit.com/@maidul88/feed
This post right here is exactly why steemit will not surpass bitcoin. Why? I'll break down my points.
Buying of votes. Yes I agree that it's allowable to some extent, but 650$? Hell no. Edit: now over 1000$ REALLY!?!?No post should ever be worth this much. Also no offense to @jerrybanfield but this post isn't worth that much, it shouldn't be. Better content writers such as @whatamidoing deserve bigger payouts.
The fact that it seems like only the users control steemit. And look where it has got us? You have @haejin fucking upvoting his shit NINE TIMES A DAY. Nobody can do anything to stop it because he has a ton of funds at his deposal to keep his stuff up.
Minnow support is not strong enough. It relys on the good faith of other users to delegate their sp to it. Kinda hard to do that when the average user has jack shit for steem. Speaking of minnow support, how about you donate some of that sp to it @jerrybanfield instead of reaping all the rewards? Maybe for every other day, you should be using your voting bot FOR FREE.
Witnesses don't give a shit. The major users who are witnesses are just taking in profits while doing nothing. Do we REALLY need another steemit mobile app? No. Instead, we should be figuring out how to stop such abusive users from posting 9 times a day with 100$+ profit on each post.
Censorship. While sometimes it's understandable to downvote comments, it's way to powerful. All it would take for my comment to be hidden is a down vote from @haejin or @jerrybanfield .
Forgive me I'm drinking, but I think I got my point across. In this form , steemit WILL NOT EVER surpass bitcoin, not in a million years.
Did you notice how he skipped over replying to this one while replying to many others?
Not only that, but look at the replys. Not ONCE did he upvote a decent reply(wasn't expecting mine). He's too busy collecting money to actually think about helping users. This is why he will never get my vote.
he will never reply the accusations. He knows that he is wrong doing these things, but he also likes it. What is better is the fact that he used dlive to post this (I guess) and at least some rewards will be returned to that account.
@mrbearbear - hey man , slightly disagree with your view point , as follows
Take any social media platform , one only succeeds when either they content is gold (Phiily D/ Casey N / others) or they have actual gold (CNN/ Comedy central/other big brands). Let's call it sweat equity vs sweet equity....those are the rules , they may not be fair but those are the rules.
With this context , to your points-
Free market , you can bid as much as you can afford , what's wrong with that?
Either you can bid or cannot bid , once it is ok to bid there can't be any limits.
Money talks , that's life.
Kind of sucks for rest of us.
Charity is not going to get us further in this venture.
As it is the platform is in it's initial years , it's time to put in the sweat equity. If/when it goes mainstream , whatever little minnow support is there will be vanished pretty fast.
Possibly you have tried running a facebook page/ Instagram page or Youtube , it's cut throat competition on those platforms.
As it is pointed out in other trending post today , unless there is monetary incentive for people to clean this stuff up , It's never going to happen.
Well yeah , it is sort of decentralized censorship.
Mean no disrespect , just disagree
Everyone is entitled to have their own opinions! No worries. Here is my rebuttal
The problem with bid bots is the issue with the rewards pool. Jerry's 2000$ plus reward is taking away from all the other posts for his payout. Constant abuse will only make it worse, encouraging other users to do so. Here in the states, we are technically free market, but even then we have certain laws in place to prevent stuff like this from happening. If you want, I'll ellaborate even further in a future response.
Steemit was made to be a decentralized platform. The path it's headed to is centralization, which the developers have not done anything about. The platform is still young, and much more should be done.
Minnow support will not disappear, but it will lose value. Charities are still around today in our so called free market.
That one I'm in full agreement with. As I was talking with steem.services below, I highly doubt something will be done, unless steem has some sort of competition.
Goes back to the centralization. A single downvote should not be able to make a post hidden. With little accounts that's not an issue with. Nothing decentralized about that.
But of course let's not forget what the whole article is about. Jerry stated he thinks steem will surpass bitcoin in 2021. In this state, it won't, ever. For that to happen, we need growth, and as @themarkymark stated in one of his articles, the growth we are seeing is spam accounts, taking away from actual real users trying to get on the platform.
Not to mention, steem has dropped in market cap right now to below 30. There was a time it was much higher.
Hey , look at that , 2 people on internet debating without name calling :)
I understand the laws to break down monopoly to foster "free market" but I don't think that would apply within an ecosystem.
If it was upto me , bid bots shouldn't be allowed at all but I also know if we suppress the bid bots it will happen behind the scene on private chat servers .
Unless there is some manual curation or bid bot ban it's probably not going to change.
2.Centralized by people heavily investing in it and becoming whales , they are taking risk by investing and ought to be rewarded by the heavy influence they get in return.
To your broader point , yes, the title is clickbaity but I also see that @jerrybanfield has put a lot of effort in presenting the hour long well researched presentation.
I guess what you are saying is break up the monopoly of whales by forcing them divest , it has happened in world with big companies but since there is no ID check behind Steem a whale can just create shadow account and split token amongst them.
I do , however , take your broader point about the problem statement of few players having too much influence to leverage the rewards pool.
Here is a potential solution - once you go above a certain reward value , a % is deducted ( let's call it steem tax ?) and that gets fed back into the system.
Dramatic recreation :Here we see a regular steem user being Fuc$$d by a whale
They will just make more blogs and comment posts with sockpuppets to side-step any threshold.
Sorry there’s no fix for Steem’s reward system. Can’t be fixed. I pointed that out back in 2016.
baejin x 2
The points you mention are definitely opportunities for Steemit Inc. to take notice of and make some improvements on the Steem blockchain level.
One recommendation that comes to mind is to enable beneficiary features for post payouts, and to make it so that the more a post earns, the higher the % beneficiary payout would be. That said beneficiary payout could get redistributed as beneficiary rewards to the author's followers/post upvoters/special Steem projects of author's choice/all Steemians. These are just some thoughts and suggestions.
To reduce Steem inflation, a portion of the beneficiary payouts could even get somehow redistributed back into the reward pool or burned (this should be possible without major whales having to downvote overly overvalued and/or spammy/abusive posts). To help with post spam, the initial automatic beneficiary payout % for each post over 4 within 24 hours would be increasingly higher on a linear or exponential scale.
And to help with direct message spam, I have an idea revolving around increasing the SBD from direct message transaction fees once a certain threshold is hit within a certain time frame.
For example, one solution would be to increase the min transaction fee by 0.001 for each 100 messages sent within the hour. The fee would be reduced back to 0.001 if the user waits [(number of messages sent within last 24 hours)/100] hour(s).
These are just some suggestions. Feel free to share yours.
These voting bots either need to be more strict about blacklisting people, learn to show restraint with all the income they get, make some days free for low level users, or somehow just remove upvote bots all together. Love the idea of the higher beneficiary payout. And I would love steem.inc to take notice of this post. Sadly, I dont think it will happen. Edit: one other point, maybe if steem had some sort of competition, maybe then they would fix this mess.
Very interesting information!!!
This.
He doesn't make it better with his picture lol
Can I have your bitcoin then?
You should be asking Jerry that, not me .
I thought abour writing exactly what you said. But then I read your comment.
Thanks for the summary. That´s all I think what´s going wrong.
There are so many good content creators here that only get a few cents for their content.
And this one here gets over 1000??? Sorry.....
There should be some kind of regulation or limit in voting...
Or anything else. But this is not what its ment to be.
I´ll keep posting and commenting.... but sometimes... I think to myself... WTF???
Here another thing bitcoin has smart contracts and token is the form of rsk.co
It has kind do 1K tps and more with sharding. As good as steem no but it can scale to billions one day
And second bitcoin is working on diff scaling methods yes it not as good as other coins right now almost every coin has bitcoin traits and many tech is being made by bitcoin every day that other coins are just taking. This was the dumbest post i ever read....
Hope you liked my addition to your claims :)
You don't want people to upvote too much and you do not want people to downvote too much? Why not combine those two things? If somebody upvotes too much, then why not downvote them too much to fix it? The market is all about supply and demand, right? I do not like regulation. I want more freedoms which can be used for good and for bad and life requires both, the Ying and the Yang.
Because, it's impossible for both sets of votes to have the same affect. Take for example, haejin. With the cash flow he has, he can downvote any comment til the point it won't be seen. It would take multiple wealthy accounts to get it shown again. Accounts with little sp cant do anything against that. As it t stands right now, there is no balance.
If you want balance, you have to get more SP or a bunch of people to counter downvotes and upvotes. I believe in becoming the change, the revolution, that you desire in the world.
I have idea how to make this situation a little bit better. I've worked on this idea for 3 months. Hope I launch it soon.
this is the best post, you have to write more when you are drinking mode m8, and yes what i see where in steam in few days or weeks i have is louds of scams, and selfishness, all most 20 years ago when i start to hear about blockchain and is potential the 1 thing that catch in my mind this is a game changer, the immediately 2 thought as in 15 years we gona see that really people can't do better.
And one more time in 3 generations we ill give control to the master of puputs, no other generations 4 to be precise have 3 game changes in their lives, and opportunity to be together as united to take control from corporations, bankers, and Fundations. And one more time what we do? sacming, expeculation, take advantage from others.
20 years ago i as making our participating in designed study about excellence and mediocrity for Oxford University with more 120 people from all areas, this study as a propose to understand better the reasons of big corporations contract people that put world on edge of a bankruptcy and difficult situation, the iden and true reason as to see how is the real demancion of control and why some as not possible to control and how to do it.
So as find that 2/3 of humanity is medicucrecy and 1/3 is on excelency this as 20 years ago, so you can see very clearly the results of this work.
Blockchain as designed and the tester our the catcher this time as digital currency, we have 2 at best expectations 4 years for all of this get in the hands the real people that have a real and practical agenda.
Unfortunately one more time people are so blind with the little greed that cant see the opportunity they lost in all 2016/2017.
So yes unfortunately steam is not what as designed to be is just one more elethis thing for scammers, greed people andsome desapointed belivers
"medicucrecy "
Painfully ironic.
Correction 10 times a day. You can follow @FlagTarget. It resteems @haejin's 8th 9th and 10th post every day as targets to flag.
Ps: About 3000 USD worth of votes were purchased on that one.
Jesus, he's pushing it even more?!?
Devil's advocate here, since I'm not actively disagreeing with you:
This post is definitely taking a loss. This is a hate the game, not the player, situation.
See #5
Jerry does delegate to MinnowSupport, at least 1000SP currently, if I am not mistaken. You are correct it is difficult to get delegations since they don't pay anything, and the game theory of Steemit is now all paid delegations. Jerry also gave up much of his delegation to the JerryBot, forgoing rewards for some time and letting other delegators have his share.
See #5
You ask for a prevention of censorship, after asking for users to be censored in 40% of your other points.
I will generously chalk this up to the drinking.
PS - I thoroughly hate the (Steemit) game at this point, in case that wasn't obvious.
It is what it is. Broken system creates broken players.
Agree
Exactly. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
@jerrybanfield, we need both STEEM and SBD on a major multilingual exchange. Right now we have Bittrex (English Only) and Upbit (Korean Only). Binance doesn't count since they don't support SBD. Poloniex and HitBTC have disabled the STEEM and SBD wallets and don't seem to want the business. This has been going on for months.
Both STEEM and SBD are extremely undervalued because they are just not available everywhere like other currencies are. Other currencies have a staff that is aggressively pursuing every avenue to get their currency listed on many exchanges. I don't know if that this is the same for STEEM/SBD. I get the feeling that the approach is a Field of Dreams "Build it and they will come". With the massive amount of competition, I don't believe an approach like that will prevail.
Can you help support getting the right persons to fill out this form to get STEEM and SBD listed on KuCoin?http://kucoinform.mikecrm.com/tAssDWK
We also need Poloniex and HitBTC to stop holding the STEEM and SBD wallets hostage. Do you know what, if anything, is being done?
I like your constructive reply. I upvoted you. I think you should use some bots and try and rise to the top of this comment section. Please! lol
Agree with you .. I will sign it myself. If you have it in a special post , I willing resteeem it.
Thank you for asking and the support!Check this one out. The last week, the focus was Cobinhood. At least with that one, anyone can fill out the form. You don’t need to be a STEEM executive. https://steemit.com/steemit/@socky/you-can-boost-the-price-of-steem-and-sbd#comments
Thank you so much for your link
Gr8 link
@socky , your comment is specified and pointed,very good job bro.
FYI there is a .02 minimum payout on earnings so right now you basically wasted an upvote on yourself.
"Both STEEM and SBD are extremely undervalued because they are just not available everywhere like other currencies are. "
Do you have any evidence for this wild assertion?
The problem with getting Steem listed on exchanges is obvious. It's not just a sequence of characters for an address, is it? Exchanges have to run and interface with a fucking Steemit account. There is no wallet.
Be careful what you wish for. You really want your massively-below-average-volume-for-its-market-cap, perpetually inflationary, PR-problem crypto exposed to the big boys?
Click the Play button below and start listening to the audio version of this article.
WOW .. great service ... it’s a hidden gem 💎 how brilliant idea I think could benefit more inere written articles which has no video embedded!
Respect ✊
@Jerrybanfied,
You sound like a timeshare sales agent and it was a waste of time to read all your 25 "reasons" that actually put some cloud on real value of steemit as a compeeting platform of free speech. By referring to Bitcoin as "inferior " you expose yourself of a very shallow knowledge about it and seriously shattered my confidence to rely on your opinions for anything else that I would seek education for....
If you really want to inform your readers about steem stick at the values that steem has unique compared to any other crypto including Bitcoin.
Usability is not enough to make steem better than Bitcoin. Water is even more useful than all things you are talking here but it's abundant. SCARCITY is what you have forgotten here and I know that you keep doing videos from at least a year ago so that makes me thinking even for your integrity...
Homework :
Research the Bitcoin and Steem thoroughly, then come up with the best of both.
Please explain to all readers why would we need another crypto here at steem and what would make bitcoins unsuitable for payments within steem?
I will be happy to see your evolved reasons that by reading them would benefit the newcomers AND yourself for delivering better content.
I apologize for my harsh tone and limited English.
Love you back...:-)
And that's the problem with @jerrybanfield. Not only does he SOUND like a "timeshare sales agent" that's how EVERYONE perceives him and perceives Steem/Steemit because of HIM (except all of the ignorant sheep you see sucking up to him below).
He's just another scammy nobody who appeals to the sheep, his time will come here, just like it did with the DASH community...
What is Jerry’s history with Dash? Did he hire the lady in the g-string to promote the Dash N’ Drink branded soda pop dispensing machine? Many of us were writing about how Dash is a scam, but I wasn’t tracking the personalities involved with Dash other than when I inadvertently gave Dash creator Evan Duffield the idea for masternodes (after I inadvertently caused the Darkcoin price decline with my comments) and when I later rebuked him and discovered a high school level probability math error in their InstantX security calculations.
The people sucking up are hoping for that sweet sweet whale upvote.
Are you going to be running for office again in 2020?
What happened to the DASH community when compared to the Steemit community? DASH does not have a social blockchain network like Steemit, right? I think DASH is some kind of cryptocurrency. Is DASH declining in price right now more than Bitcoin?
"Usability is not enough to make steem better than Bitcoin. Water is even more useful than all things you are talking here but it's abundant. SCARCITY is what you have forgotten here and I know that you keep doing videos from at least a year ago so that makes me thinking even for your integrity..."
Excellent point and analogy. The whole crypto space often appears to ignore this economic fundamental. Deflationary projects are the dark horses who may win in the end. (Bitcoin is one that is deflationary, thanks to lost coins and strict cap.)
Every crypto has its own place. Steemit cant replace bitcoin because its not as secure and decentralised as bitcoin.
I was really entertained Jerry. I love the way you love thid awesome community. We need uplifting spirits like this post every time especiallt on a very depressing market like this time. I hope more people would ve reach because of this post. I have upvoted you and hope it can help to promote Steemit to all by supporting you
Steemit is good, but I don't think so
Your skepticism is well founded. I have written a point-by-point rebuttal.
Hi @jerrybanfield ! Your post is great including several of the most important live projects on the steem blockchain!
It would have been great to have as item 26, the @steem-ambassador guild and #promo-steem which as you know it is rewarding steem promoters/voluntarysts around the world who are spreading the word about the blockchain and onboarding thousands of users to the blockchain.
I even made a recent post for Steem Ambassadors - Have you Considered Voting for @lukestokes.mhth and @jerrybanfield as Witnesses - They are the 2 Witnesses Supporting the @steem-ambassador Guild for Now
Looking forward to your thoughts!
Regards, @gold84
Never heard of any of The two , but would really worth loo No into them. Thanks for increasing my knowledge 🙏🏼
Agreed @gold84 ;)
Great we realized about the same thing @starkerz ! Regards, @gold84
3rd that! ;)
vote
plz vote me brohttps://steemit.com/dmania/@nrbchowdhury333/a-beautiful-song-or-beautiful-dance-zg1hbmlh-dclxa @starkerz @windytram
Hello! I find a lot of interest in your comment. I did not know there was a program, if that's what you'd call it, that rewards people for promoting steem. I, myself, have brought about 5 new users to the steem platform. How does one join? I would like some information if you wouldn't mind sparing some time to show me the way.
completely agree with you, @ gold84.
yes,I'm agree with you bro, @gold84, his post included several important topics and very ,much informative
Greetings, Great Jerry
I do not understand you as much as you do about this blockchaim technology. But reading your writing, I'm very excited about it.
I had a little bit of money invested in bitcoin and other altcoins. I took all of their money and bought steem power, so I think of steemit as a way to work and I'm really investing here.
I'm very grateful for your idea of steem overcoming bitcoin, because, I imagine that all members of this community will be gratified, both for the increase of steem value and for the number of people that will enter here !!!
Thank you and good night!
I wish you will not remain highly misinformed. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
Do you really have any idea what are you talking about? The purpose of Steem and Bitcoin is totally different. You could compare between BTC vs Dash or some coin that serve similar purpose.
And look at your upvote value.. Don't you think it's pure self promotion? I saw a lot of blog post that got thousands of view but not a single reward. If steem wants to be no 1 platform for bloggers then it should change the way it rewards people.
Your skepticism is well founded. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign. I explain the flaws in the rewards algorithm.
thank you for posting
Thanks @jerrybanfield for a clear and upfront analysis. I have literally asked people (thousands) to look into the usage of steem blockchain . If utility drives the position then steem is already at number1 . The price is a market dynamic and i think that will soon catch up . Thanks again for wonderful work. I have done witness vote to you as well . Keep doing the amazing work.
You’re easily fooled I see. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
SHAME ON YOU JERRY!!
Your skepticism is well founded. I have written a point-by-point rebuttal.
steemit is already works as a platform we are seeing people actively posting and getting reward, and steemit is the largest transaction in cryptocurrencies. :)
I wish you will not remain highly misinformed. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
That would be nice.
That would be sweet and rewarding for all steemians that stick around and understand the value of steem.
steemit will take over social media in a few years
I doubt that Steem will exist by 2021.
If it will exist by then, both Bitcoin and Steem will barely bu usable by then.
Bitcoin's infrastructure's weaknesses were starting to show by late 2017.
With Steem, the problem is with its interfaces - on steemit.com this thread is practically not browseable, and the other interfaces charge their customers dearly, taxing their income, not only their profits.
My computer acts similar to POW mining when I open such steemit pages in it.
I am barely able to type this text.
In the wallet/transfers it is the same problem.
The STEEM blockchain with its excessive amount of spam is also unsustainable.
You got a 16.67% upvote from @proffit courtesy of @stimialiti!
You got a 12.50% upvote from @luckyvotes courtesy of @stimialiti!
You got a 15.17% upvote from @sleeplesswhale courtesy of @stimialiti!
That’s hilariously amazing
what a fat juicy up-vote XD
When these projection or i may call it prophesy of @jerrybanfield come into fruition, then its party time for the steemit world!
I cant wait for it to happen. 😊
From now on, lets do our best to accumulate more steem and be financially free come 2021 😉
You’re easily fooled I see. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
Agree 100%
Hi Jerry,
I don't have time to address all 25 points. But I would offer a few observations:
Yes, we are approaching 1,000,000 accounts. But we still only have a bit over 60,000 active per day.
Of the accounts that are active, we don't really know how many of them are genuine human bloggers aiming to produce the kind of content that will bring people here. As I've discussed elsewhere recently, there are rings of mutually-upvoting spam that involve many thousands of accounts per ring. I'm not experienced enough in pulling data from the blockchain (yet), but I think 1% of all accounts being semi-automated spam producers would be a conservative estimate. If they are all relatively active, then they could be a large chunk of our 'active' accounts. So maybe it's more like 50,000 active users.
Anecdotally, I've seen a large upswing in new accounts that really only exist to game the system, whether by automated means or not - usually through mutual upvoting or using low-effort comments or posts to farm bot votes.
The existence of bidbots is not necessarily a positive to either the economic or intellectual wellbeing of steemit. They potentially undermine both proof-of-brain and sweat equity. They also make delegation to community projects such @curie and @comedyopenmic less attractive. What's your plan for when these bots have absorbed the majority of the SP?
I think you understand the Steem economy quite well, but I'm not convinced you are being totally genuine. Our currencies need new money buying in to offset inflation and drive up demand. But we can't ever overtake bitcoin while the user base for steemit and all the other apps are so tiny. Nor can we overtake other social media with so few users. Eventually, this new money has to be buying ‘eyes on’ content. No corporate advertiser is going to risk tying up serious money in SP for a potential audience of 50,000.
I do not think we can survive in the long term if the majority of the community are all either bidbot investors or grifters. Sure, we can pump and dump plenty of times before anyone notices that all the actual content creators have left for another blockchain. But eventually, such a situation would come unstuck, and once the promise of new money dries up, it’s all over. In the interim, leasing to a bidbot is a great way to get liquid SBD or STEEM to sell, without the awkwardness of being seen to be powering down.
I could go on, but I have work to do that will earn me more than the few dollars I earn for the hours it takes to write a decent post.
very nice comment. your comment and thinking really good.
@SamuelDouglas, yes, agreed, understood, I sympathize, empathize, with Steemit problems. I don't like bots. I don't like spam. However, Facebook has bots too, called Facebook Ads. Facebook is already making billions of dollars off of us humans globally each year.
Steemit at least lets some of us humans on earth make some money some of the time, and Steemit is not perfect but it might be a little better than whatever Facebook might be.
Would Steemit really be better without bots? My question is asking about the alternatives we may have in life. Can http://Gab.ai or maybe http://Minds.com do better than http://Steemit.com or what? I like Steemit and I think real humans can maybe someday, if not already, outnumber, outpower, the bots or whatever that sucks. Life is full of spam, scams, bad stuff, but some of the good people and good things in life can rise up out of that mess of storms towards rainbows maybe, just maybe, eventually, potentially, someday, right?
Do accounts run humans outnumber bots on steemit? Absolutely!
Do accounts run by humans in order to post quality content outnumber accounts run by other humans that spam the network? I'm not so sure. I have seen one mutually-upvoting spam ring with over 7000 accounts. Do we really know how many more like that there are?
In any case, whether or not bots outnumber humans is the wrong question in a stake-weighted system. One account with a million SP is at least as influential as 100,000 accounts with 10 SP.
Would we be better off without bots? Probably, but that depends on whose measure for success you use. By purchasing votes from bots, minnows and plankton are fooled into thinking that the enormous divide in wealth that exists here isn't at all to their benefit.
As things stand, without bots we'd be begging whales for votes. But wouldn't getting a $10 vote be better if you didn't have to pay $9 for it. The whale who delegated the SP required could have not made the delegation, and just given you the upvote. But why would they do that when we tolerate them setting up a system where we now pay for something that they could give away for free if they wanted. If you are an investor who does not worry too much about the future, what we have right now is working just fine.
Steemit is better than so many alternatives. But it can't just be slightly better. People won't abandon their personal social networks and existing economic thinking for what we have here right now.
I'm not being negative for the fun of it either. I'd love for STEEM and sbd be worth so much that I could just hang out on steemit all day and make some decent coin off my writing. But unless we address what is happening, right now, I cannot see that ever happening. Even free-marketeers who are fans of bidbots, such as @yallapapi can see that.
Any proof? I highly doubt that. There are 8000 signups per day probably nearly all of them are sockpuppets to take SP from the STINC faucet for the benefit of insiders. Then those employed to upvote content of the cartel so they continue mint new SP to replace the STEEM they’re dumping in exchange for BTC. Continuously cashing out and minting more to replenish the swindle.
I think we may have crossed wires a little in our definitions of 'bots' - I was being more strict on the automation side - but if we use it to broadly to mean partially automated sock-puppet accounts, then yes, you are correct. They are certainly there to take SP from the faucet though not all operations require that SP.
Insiders? STINC insiders? I know @themarkymark implied that recently, but I was beginning to wonder. What's the benefit of minting new SP at the same time as dumping STEEM? Is it to artificially boost some market indicator? I'll have to think this over in the morning, when I'm less sleep-deprived.
not experience any precipitous falls.I was thinking about market manipulation as we approach the launch of SMT's. There's a question that, AFAIK, no one has asked @ned. I'm not going to bust it out quite yet - but I'll just say this: I suspect that for SMTs to be attractive to investors, STEEM needs to
(Sorry of this makes no sense - too tired to internet).
If I am not mistaken, the STINC faucet doesn’t mint new SP. It distributes SP they already own to new accounts. The purpose of distributing these to sockpuppets would be to obscure the fact that these sockpuppets are being employed to upvote their own content which pay rewards to the same entity. So in this way a large portion of the minted rewards end up in the pockets of this entity. This helps replenish STEEM that is being constantly dumped for BTC.
Regarding SMTs, the white paper is blatantly pointing out that one goal is to drive more demand for STEEM. And of course what is not spoken but is obvious to astute observers is that the issuers of an SMT can then duplicate this corruption that STINC is allegedly doing, siphoning off BTC continuously while surreptitiously capturing most of the rewards for themselves.
The fly in the ointment for these clever nincompoops, is that the entire rewards ruse is (as admitted in the Steem whitepaper) predicated on the psychology of fooling most participants into doing more effort than they’re equitably compensated for. Thus the success of SMTs is predicated on fooling the users and investors into believing this ruse. I doubt that non-crypto traditional social media sites can get the same enthusiasm from their users for this type of “proof-of-brain” rewards system as is the case for Steem. People come to Steem because they believe in the ruse. Thus I conclude that the SMTs will not be able to obtain sufficient interest except for new ICOs for new projects targeted to crypto audiences. Remember the early adopters of Steem were via word-of-mouth (bfs to their gfs) via those who (bfs) were already very enthusiastic and invested in crypto.
The whitepaper of Steem admits that the “proof-of-brain” reward system depends on being able fool most of the users into doing more effort than they will be equitably rewarded.
P.S. hope you caught up on your sleep. I’m experience that often also.
Aha, so it's a way of covertly converting their enormous wad of SP in to cold hard bitcoin without powering it all down.
Yes, the ruse. I had a few socialist friends when I was an undergraduate. I never read as much Marxist theory as probably should have (as a philosophy academic), but I did have enough intoxicated discussions of economics with those guys to reasonably channel what their take on the ruse would be - that it's not unlike the treatment of labour under capitalism in general. Now, I don't know if I'd go this far, but it does seem that people with the most ardent, but least critical, belief in free-market economics are those mostly likely to be taken in by this strategy.
It was that sort of thing I was thinking about when I responded to @littlescribe regarding our good friend Jerry Banfield - tldr; I suspect some of the ways he talks up the steemit community are intended to present us as 'bag-holders' to a certain class of prospective investors and/or condition us to exhibit that behaviour.
As for the SMTs - anyone with half a brain must be able to see that they are indeed intended to drive demand for STEEM. What mystifies me is that people see this as an endorsement of the success of steemit and DTube etc. I think it could be reasonably interpreted as just the opposite. While I (hopefully) have your attention, I may as well as voice the question that I can't let go of: What happens to the value of an SMT (or all SMTs) if the value of STEEM drops ?
Wololo!
(RandoHealer has healed this post because your blog was targeted for healing due to malicious downvotes!)
Agreed, focus on the love over the hate.
I really like steem...
But steem's mega inflation making it not a good currency.
But of course a good social network, till the user base growth is bigger than inflation.
While I do agree that steemit is a wonderful platform, don't you think this is pushing it a bit? Furthermore, steemit and BTC perform two completely different functions. It sounds like comparing apples to oranges.
Extoling the virtues of steemit is fine, but then to copare the two seems a bit dubious.
Why is Steem a wonderful platform and not a scam? I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign. I wish to read your reply after you read all the facts I have accumulated.
FUCK THIS SHIT WON'T BE HELPING ANYMORE WITH SHIT LIKE THIS GOING ON!!! THIS IS ABUSE AT THE HIGHEST FUCKING LEVEL ON STEEMIT. @HAEJIN SHOULD BE FUCKING FLAGGING THIS MOTHER FUCKER RIGHT NOW!!!
Steem Flag Rewards mention comment has been rejected. This does not meet our criteria for bid bot abuse / misuse, @steemit-abuse.
This post was submitted via our Discord Community channel. For questions / concerns, contact us at the
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Are you looking to counter 3000$ worth of paid upvotes?
How is this abusing to you?
A certain somebody used the service for a purpose for which it was not intended. Their approval rights have been revoked until further notice and unvote / comment edit will follow.
We do have people flag bid bot abuse on posts that would be considered junk without much contention but this obviously does not meet that criteria. (i.e. that pizza guy for example.)
I think STEEM could be a top 5 or top 10 crytpo for the long term, but nothing can replace BITCOIN!!
i agree with you ! power steemmm
Nice pump! You should do this every week. :) Good job! You deserve every penny you earned on this post.
Thanx for your research :-)
Fuck you Jerry. You made my friends poor by your greed.
So dumb, Steem is not going to replace Bitcoin at #1 spot. If you really believe that, you must be delusional. I'm sorry, but I can't see it happening
When researchers look back on Steemit, they'll mark this post as the day it began to die.
Indeed and well put.
It died, because he is actually illuminating the fact that Steem is and was designed to be a scam.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
absolutely fantastic to see your energy pumping the steem name in this way my friend. Steem has huge potential and all your points just give me chills for the future. huge love and thanks jerry for the hard work and effort you put in to really help make steemit successful
Pump and dump.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
Indeed its a great article which definitely help the whole steemit community .here you have cleared the future of steemit.it will inspire us for keep growing with this community.keep rocking , & keep helping us like this .
How are you so sure his comments are accurate? I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
What a good future!
Everyone needs to get on board with advertising steem. Let's each work to get 3 people signed up and then use exponential growth as those 3 will each sign up three. It will be like an MLM that actually works for everyone. The more people using steem the more valuable everyone's account will become :). Let's do this!
This post is no better than a Haejin post. A bunch of feel goodism that pays well. I love it. It is pure entertainment. The comments are so much better than the post. I didn't even need to get drunk to read this. Reality tv has nothing on a useless Jerry post. Wow! 2K to tell us what we want to hear. I love Steemit. Where else do we get an opportunity like this. Congrats Jerry. Buy your wife a new car or some shit. You deserve it.
Hi Jerry, here is a summary of your post in Chinese.
Thank you for writing such a wonderful and informative article, hope more people will read it.
https://steemit.com/steem/@inmylife/4offuu-steem
I learnt one thing for sure...Dlive buffers much faster than Dtube.
Did anyone else notice the same thing?
Does Dlive keep videos that lack enough upvote money? Does Dlive keep videos forever? Some people say Dtube videos are removed after a month if they don't make about ten cents or something and all Dtube videos are taken down after about 52 months maybe if they are not fed more money to the creators or to the video storage servers or something.
Not sure if these details are true but I wonder if Dlive is the same as Dtube in those regards assuming those things are true.
Steem is flawed because it provides no monetization for content serving. And Dtube appears to have leveraged that flaw into an excuse to monopolize. Thus the benefits of Dtube are exaggerated.
awesome posts ... thanks
No idea
same here@itstime
Hell of a job, Jerry! Your research is extensive and very much appreciated. The smart media token looks like it has the potential to accelerate the growth of Steem in new and exciting ways. I'm looking forward to the ride! :)
Are you qualified to analyze marketing plans? You claim SMT will be a great success. I have a different analysis.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
Your post & reward is proof that Steem will NEVER replace bitcoin.
That's it, actions speak louder than words, the proof is in the pudding.
whilst many people think that bitcoin will be replaced at number 1, I dont see why it will be Steem that does it. It’s far more likely to be EOS, which is already the 5th/6th largest crypto by market cap and doesn’t launch for 2 months. I think that @dan learnt a lot through the development of Steemand carried that through into EOS.
I also disagree that the use of promotion bots is a good thing. Bots will kill Steem/ Steemit.
Thanks @jerrybanfield . All time your post help my work . I follow your ewery post . Its help my work . Your content information is good . Thanks for share this information .
What dfk, are u taking bout. This is the most stupid post on Steemit, The only thing this prove is that we can buy ourselfs the way to the top. banfield is a shill.
I agree to that @jerrybanfield is a key player on steemit. Thanks for post
He's a KEY FUCKING SCUMBAG!!!
Yes@joy69, he plays an important role in steemit platform.
Transaction time per sec is a tremendous advantageous feature of Steem.
First of all,
STOP CREATING FUD @everyone!
Second of all,
@jerrybanfield is an active witness of Steem Blockchain. That means he is being rewarded/paid by Steem blockchain in its own currency. His "long and annoying" post is actually quite extensive and detailed Witness Update with listed dApps around #Steem is what 70% of #BitShares Witnesses never do (even that is actually part of their job/role of an active witness).
Third, and final for this topic,
Promoting content and paying upvote bots for it, is contribution to Steem. Steem does take fee from each and every post, and making posts to have greater Payouts, means Steem gets more tokens back to the blockchain so the funds are not being taken out completely from the blockchain.
I would appreaciate if community of a Steem would consider to take a bit less "passive-aggressive" and personal-based approach towards people/accounts/posts it doesn't like. There is a proper Flag button for following the rules and reporting someone who doesn't.
As far as i'm concerned, man is doing what he is paid for and should be cheered for it.
Cheers!
Luci
Cheered for disseminating deception to keep the greater fools coming in? Yeah I guess so. Good point.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
"Promoting content and paying upvote bots for it, is contribution to Steem. Steem does take fee from each and every post, and making posts to have greater Payouts, means Steem gets more tokens back to the blockchain so the funds are not being taken out completely from the blockchain."
You have literally no fucking idea how this works at all. Another Dunning-Kruger effect in action.
The only people taking "fees" from this post are the bot owners extracting their take. All of this you wrote is literal nonsense:
"Steem does take fee from each and every post, and making posts to have greater Payouts, means Steem gets more tokens back to the blockchain "