I don't think flagging is the answer, particularly as it leads, in the present incarnation, to even more centralisation of power ( @B flags @K, @D flags @B and there is no more discussion, just the loudest grunt from the caveman with the biggist club). What I think helps, is what @abdullar is doing here, a human voice saying enough. It is not just #kr, and HF19 has highlighted the problem, because so many more accounts now have the power to reward themselves. There was an article or a video last summer, something like "Steemit's not a bubble, but it could be" -- the more this kind of behaviour goes on, and the more whale influencers allow it to happen, perhaps mistakingly thinking that the fact that author X is earning thousands of dollars for highschool writing is good publicity, then the more bubble-like steemit will become.
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I didn't mean to flag them down to 0$ and invisibility but just reduce the rewards so it spreads out to others more, but yeah. Let's see how it will evolve, I think quality posts have a much better chance at seeing higher rewards lately.
The problem as I see it is that the underlying causes of over-voting aren't addressed. Whilst there are bad-actors, I'm sure that most cases of this kind of abuse come about because people just don't get it. The highest rewards will come in the long-term due to a sustainable rise in the price of STEEM. Does the technology warrent a +$10b market cap, like etherium? In which case $45 STEEM is possible, but I'm sure we can only get there with some kind of a consensus on behaviour. Yes, I am optimistic, mostly, but there is a lot face-palming going on at this particular keyboard.