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With EIP systems new 50/50 split they expect the users who leave will be met with new users who want more of the curation rewards. I've heard people say users are replaceable. So this doesn't seem to affect people making the choice.

Curation rewards are insubstantial now, and even doubling them as this proposes will remain insubstantial. People come here to participate in a social network that rewards them for contributing - which is why people join social networks.

The bidbot owners want to extract more rewards faster, and EIP makes that happen. It will be the last gasp of Steem, as the last bits of value are extracted before the profiteers move on to the next victim.

Users are the source of value for Steem. Anyone that says we can just get new ones just isn't interested in making Steem more valuable. Each user cost funds to get, and when they leave those funds are simply lost. Replacing them then costs new expenditures. The people you're getting this from are profiteers, and in order to grab the last scraps of value possible they need to get liquid Steem sold quickly before the price reflects reality. This will accelerate the rate of extraction and increase the USD price of the Steem they sell.

Bidbot owners are poison. Don't listen to them. They don't have the communities interests at heart. Just their wallets.

I flag trash. You have received a flag.

 6 years ago (edited)Reveal Comment
 6 years ago Reveal Comment

With 5k investment, you would earn more than 30 cents. Considering yearly is about 8% of sp powered up. Which is about $400 in a year, it's doubtful that most users would be targeted with downvotes. If anything bot votes would be the ones targeted. Since they get about 30% of all rewards.

 6 years ago Reveal Comment

Nope, way more than that.

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