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RE: Steem Price under Massive Pressure as more Whales Power Down.

in #steemit6 years ago

@bycoleman as always your posts are so right in time!
Most of the time I read then till the last line!

Thanks for sharing your knowledge and putting it in simple explanation for all of us to understand.
I was waiting for quite a while for shake like this to steemit platform, It felt due...with all that irresponsible boting (and we all guilty of that) , the trending page garbage, the "steemit wars"...etc...all that is taking us to a certain direction, not saying it is bad, but it is not a "creativity haven" either...

Perhaps as you mentioned all those power downs are not only a bitdown to the STEEM and SBD price, but it is also a leadership change...a "a willing Coup d'état" if you may...

For all of us that love this platform, we should just hold on...keep making great content and hope that eventually we all will find a way to balance our capitalistic tendencies with the will to create an awesome social network - like no other before it.

Thanks for an great post my friend, as always you managed to teach, inspire and put everything in perspective.

Great job! :)

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Thank you so much for the kind words!
Sorry for taking so long to get back with you, I really wanted to finish up this series of reports today.

I truly believe if we do not take action quickly against some of these bidbot abuses, we will loose our platform.

but it is not a "creativity haven" either...

For all of us that love this platform, we should just hold on...keep making great content and hope that eventually we all will find a way to balance our capitalistic tendencies with the will to create an awesome social network - like no other before it.

Yes, you are so correct, HOLD on and be patient and then power up when you feel it is time. I'll be doing some more analysis on this in the future.

Blessings!

You are welcome my friend, your posts truly deserve the compliments!

I agree 100% regarding the bots, it's one thing to "boost" your great content to reach some additional audience, but it is completely different to push some shitty post you written or a single image of a beautiful flower....i understand the need for exposure....but perhaps if we wouldn't rely that much on bots, then we could actually have people wanting to read and genuinely comment.

It seems that nowdays every single posts over 10$ was pumped by that bot or another...and thats is ok and all, but once the curation becomes auto-botted (it should be a word :)) we are starting to loose our platform (as you said)....

I think it still can be fixed, I believe some of it happens due to the lack of ability to properly filter the content on the feed...there are tags, but thats about it...users are gathering on separate channels on discord to try to "meet" some other like-minded people, find content that they like to read and share their own with people with similar interests...

But it is not organized, nor is it part of the steemit eco-system....being a Curator for MSP on the topic of sustainability , every week I look for quality posts on the topic of my curation, and I experience first hand the difficulty to filter and find that content...I need to go through a plethora of posts just to find few on the topic I am looking for....

I believe that if the platform will have a better way to filter the content, a better way to find content you are actually looking for, It will help users to get more eyes on their posts and perhaps will reduce the need for Bots...

Anyhow, I believe we are still in the infancy of this platform, we still have a long way to go...lets just hope the will for making this platform "Great again" :) will rise above the "need for greed" ( hmm this is a great movie title ;) ).

You're a deep thinker my friend, I really appreciate hearing from you.

On the content filtering and sorting, I so much agree. That is what started @introbot. I plan to have additional bots that attack other tags, but they will not make a dent if Steemians do not have a wiliness to look at the big picture. Quality articles, properly curated and categorized has immense value. Remove any one of these and you have chaos.

Perhaps your team at MSP will find some ways to educate or even provide a new front end that helps people make better choices as they post and curate.

Its a big task trying fight against the rising influence of money, so we need to find a way to let the money tide lift everyone equally as it should.

Yup, some of the best movies found greed as their theme, pretty much sums up our treasures.