i wouldnt be surprised if posts like that in the nearby future introduce a downvote function in steem
Topic: What do you think of STEEM? - page 3. (Read 4400 times)
i wouldnt be surprised if posts like that in the nearby future introduce a downvote function in steem
I was looking into steem today and came across below post, which i copy pasted as the link does not seem to be working outside of steem.
There seems to be a lot of plagiarism going on and use of bots & anti-bots (also bots used by whales to upvote a select group of users regardless of their content)
https://steemit.com/steemit/@anyx/an-open-letter-to-the-steemit-community-on-content-plagiarism-and-the-cheetah-bot
An open letter to the Steemit community on Content, Plagiarism, and the Cheetah bot.
19 hours ago by anyx in steemit
Photo credit.
Note that I wrote this while quite frustrated.
The Bot.
As you might know, I am the creator of @cheetah bot. I created this bot because I, personally, was sick of seeing articles completely plagiarized and posted to our website. I have no divine authority, no permission, and no permit to have this bot issue replies; but in its form, it is no different than any other bot that people have made like @wang -- it sees a post, and it occasionally issues a reply.
There is nothing stopping me from doing this on this platform, as there is nothing truly stopping other bots, and that may be a bad thing.
The Articles.
Cheetah has commented on hundreds of articles. In the time it took me to write this blog, he has made about 20 comments.
Most of the posts cheetah comments on are completely ripped from their source, and in most cases the source is not even given, or if it is, it is usually edited in after cheetah responds. These posters do this with dollar signs in their eyes, as previously, this copied content has hit the front page and earned thousands, being upvoted by whales. (Possibly accidentally, as it is still quite hard to detect plagiarism).
In some cases, these articles are even previous steemit posts from other users (examples [one], [two]).
Granted, there are some mistags, double comments, and other issues. I have been actively monitoring my bot all week long and am aware of it. If there was version control for cheetah bot updates, I might need to use a long instead of an int. It is still not perfect.
The Issues.
As you may already know, @cheetah bot is not free. I pay for it. I am not only talking about only the server running it, nor the week of labour I have already put into it, I am talking about search APIs. Fortunately, I have claimed a bounty, and received some generous support from a user. (not sure if they want to be mentioned, but you know who you are!) So that is not an issue yet.
However, there are still issues with cheetah in it's current form.
1.Authors with previous blogs who join the site (some of which react aggressively).
•Until they are whitelisted, at least.
2.Comments on cheetah posts have continuously been hostile.
•Note I have recently reduced the message, again. I encourage further feedback on the message.
3.Personal abuse and attacks at me, not just indirectly through the bot. I will avoid examples as I do not want to brigade.
4.Anti-cheetah bot, bots.
•You may notice there is currently a bot running rampant with massive text walls, this user is trying to destroy our site. This user is also auto down-voting cheetah responses. Cheetah does not have enough power to upvote himself with enough weight to avoid this in many cases.
5.Cheetah bot often gets down-voted and hidden by the plagiarist.
If we don't do something about this NOW, the future of Steemit will be compromised.
The website will continue to be overrun with copy-pasta, unoriginal or plagiarized content, and even straight up identity theft (See these three examples, which @cheetah is helping to catch: [one], [two] [three])
As it stands, I am close to hitting Control-C on cheetah bot, returning the bounty & donation, and sticking to posting my photo blogs. I am sick of the above issues, I am sick with the content flooding steemit, and have very little incentive to continue content curation if steemit continues to degrade this way. Four-post reward change in the upcoming hardfork will not help much, I fear. I am not the only one tempted to give up on curation, @neoxian is also fed-up, I encourage you to read why here.
I fear the community no longer cares. the #doyourpart tag is still empty, spam floods in. And people are fine with it, and unhappy with @cheetah.
I think the developers need to take serious action, and this needs attention. Cheetah bot is not a solution, it is a band-aid. We need to figure out a better way to stop this from happening in the first place. Please write your thoughts below. Link me your or others' articles on this topic as well. I want to see what the community has to say on this issue.
Further reading (other people's fantastic articles, not my own):
On permission:
https://steemit.com/photos/@thecryptofiend/posting-photos-and-art-without-permission-is-not-ok
On verifying yourself:
https://steemit.com/newcomers/@acidyo/what-verifying-your-account-in-introduceyourself-means-and-what-it-doesn-t-necessarily-have-to-mean
#doyourpart
There seems to be a lot of plagiarism going on and use of bots & anti-bots (also bots used by whales to upvote a select group of users regardless of their content)
https://steemit.com/steemit/@anyx/an-open-letter-to-the-steemit-community-on-content-plagiarism-and-the-cheetah-bot
Quote
An open letter to the Steemit community on Content, Plagiarism, and the Cheetah bot.
19 hours ago by anyx in steemit
Photo credit.
Note that I wrote this while quite frustrated.
The Bot.
As you might know, I am the creator of @cheetah bot. I created this bot because I, personally, was sick of seeing articles completely plagiarized and posted to our website. I have no divine authority, no permission, and no permit to have this bot issue replies; but in its form, it is no different than any other bot that people have made like @wang -- it sees a post, and it occasionally issues a reply.
There is nothing stopping me from doing this on this platform, as there is nothing truly stopping other bots, and that may be a bad thing.
The Articles.
Cheetah has commented on hundreds of articles. In the time it took me to write this blog, he has made about 20 comments.
Most of the posts cheetah comments on are completely ripped from their source, and in most cases the source is not even given, or if it is, it is usually edited in after cheetah responds. These posters do this with dollar signs in their eyes, as previously, this copied content has hit the front page and earned thousands, being upvoted by whales. (Possibly accidentally, as it is still quite hard to detect plagiarism).
In some cases, these articles are even previous steemit posts from other users (examples [one], [two]).
Granted, there are some mistags, double comments, and other issues. I have been actively monitoring my bot all week long and am aware of it. If there was version control for cheetah bot updates, I might need to use a long instead of an int. It is still not perfect.
The Issues.
As you may already know, @cheetah bot is not free. I pay for it. I am not only talking about only the server running it, nor the week of labour I have already put into it, I am talking about search APIs. Fortunately, I have claimed a bounty, and received some generous support from a user. (not sure if they want to be mentioned, but you know who you are!) So that is not an issue yet.
However, there are still issues with cheetah in it's current form.
1.Authors with previous blogs who join the site (some of which react aggressively).
•Until they are whitelisted, at least.
2.Comments on cheetah posts have continuously been hostile.
•Note I have recently reduced the message, again. I encourage further feedback on the message.
3.Personal abuse and attacks at me, not just indirectly through the bot. I will avoid examples as I do not want to brigade.
4.Anti-cheetah bot, bots.
•You may notice there is currently a bot running rampant with massive text walls, this user is trying to destroy our site. This user is also auto down-voting cheetah responses. Cheetah does not have enough power to upvote himself with enough weight to avoid this in many cases.
5.Cheetah bot often gets down-voted and hidden by the plagiarist.
If we don't do something about this NOW, the future of Steemit will be compromised.
The website will continue to be overrun with copy-pasta, unoriginal or plagiarized content, and even straight up identity theft (See these three examples, which @cheetah is helping to catch: [one], [two] [three])
As it stands, I am close to hitting Control-C on cheetah bot, returning the bounty & donation, and sticking to posting my photo blogs. I am sick of the above issues, I am sick with the content flooding steemit, and have very little incentive to continue content curation if steemit continues to degrade this way. Four-post reward change in the upcoming hardfork will not help much, I fear. I am not the only one tempted to give up on curation, @neoxian is also fed-up, I encourage you to read why here.
I fear the community no longer cares. the #doyourpart tag is still empty, spam floods in. And people are fine with it, and unhappy with @cheetah.
I think the developers need to take serious action, and this needs attention. Cheetah bot is not a solution, it is a band-aid. We need to figure out a better way to stop this from happening in the first place. Please write your thoughts below. Link me your or others' articles on this topic as well. I want to see what the community has to say on this issue.
Further reading (other people's fantastic articles, not my own):
On permission:
https://steemit.com/photos/@thecryptofiend/posting-photos-and-art-without-permission-is-not-ok
On verifying yourself:
https://steemit.com/newcomers/@acidyo/what-verifying-your-account-in-introduceyourself-means-and-what-it-doesn-t-necessarily-have-to-mean
#doyourpart
I am trying to think of a name for:
Is eSteem the best name for that?
Quote from: myself
A very finely grained like-mindness, crowd rating system. With rewards to those who produce highly ranked content within like-minded coteries.
Is eSteem the best name for that?
Zuckerberg called it facesmash--but missed that it wasn't that users were rating girls "they knew", but that their ratings determined the outcome and gave them control of the outcome. He Also didn't monetize it, but tried to backend advertising schemes on it years later to the disappointment of his base (who were quite happy with free popularity grabs).
I named it coopital:
https://www.namecheap.com/domains/whois/results.aspx?domain=coopital.org
But I think there might be a catchier name.
Like steemit? The lead's there, anything you start will hinge on its failure, rather than it being supplanted by a better, but still similar, implementation. You also have to consider that a hundred other developers are chomping at the bit if this things looks the slightest bit wobbly.
But putting all that aside, what is coopital? I was thinking captcha.com would be catchy, but it's owned--though captcha.club is 59.99 and not so terrible.
I am trying to think of a name for:
Is eSteem the best name for that?
Quote from: myself
A very finely grained like-mindness, crowd rating system. With rewards to those who produce highly ranked content within like-minded coteries.
Is eSteem the best name for that?
Zuckerberg called it facesmash--but missed that it wasn't that users were rating girls "they knew", but that their ratings determined the outcome and gave them control of the outcome. He Also didn't monetize it, but tried to backend advertising schemes on it years later to the disappointment of his base (who were quite happy with free popularity grabs).
I named it coopital:
https://www.namecheap.com/domains/whois/results.aspx?domain=coopital.org
But I think there might be a catchier name.
I am trying to think of a name for:
Is eSteem the best name for that?
Quote from: myself
A very finely grained like-mindness, crowd rating system. With rewards to those who produce highly ranked content within like-minded coteries.
Is eSteem the best name for that?
Zuckerberg called it facesmash--but missed that it wasn't that users were rating girls "they knew", but that their ratings determined the outcome and gave them control of the outcome. He Also didn't monetize it, but tried to backend advertising schemes on it years later to the disappointment of his base (who were quite happy with free popularity grabs).
I am trying to think of a name for:
Is eSteem the best name for that?
Quote from: myself
A very finely grained like-mindness, crowd rating system. With rewards to those who produce highly ranked content within like-minded coteries.
Is eSteem the best name for that?
What I think of the STEEM? It sells Sex. Dan sells Sex.
This is completely correct. The Larimers are now no better than pimps. They are absolute trash.
just pimpin TiTs for now ... @imnotback ... I think your math is spot on ... and the buyout play is not a bad pitch ... $50M cash up front would buy a large slice of the Steem pie.
What I think of the STEEM? It sells Sex. Dan sells Sex.
This is completely correct. The Larimers are now no better than pimps. They are absolute trash.
What I think of the STEEM? It sells Sex. Dan sells Sex.
They r successful cuz they do it.
~CfA~
They r successful cuz they do it.
~CfA~
I'm personally just amazed at Larimer's ability to create intricate Rube Goldberg machines. You have to sit there and stare at the wall for hours and hours to go through all the endless variables in your brain that can affect his systems...
...Then you have to get into all the economics of the system and how that's going to work out, or if it's "fair" with original entrants turning it into a pyramid scheme. You end up trying to analyze something that's (borrowing the Anonymint phrase for criticising of Ethereum) unbounded complexity. You just cannot look at a Larimer system without your brain exploding.
...Then you have to get into all the economics of the system and how that's going to work out, or if it's "fair" with original entrants turning it into a pyramid scheme. You end up trying to analyze something that's (borrowing the Anonymint phrase for criticising of Ethereum) unbounded complexity. You just cannot look at a Larimer system without your brain exploding.
*Will read over the Steem stuff in a sec. Anything Larimer related always has some type of crazy controversy to it.
Ok, for Steem, economics is basically the study of pump and dumps and rent seeking behavior, culminating in the end game of - if you aren't a slum lord, you aren't doing it right, and Dan likes to read economic-type books that spell out lessons such as this. It's not surprising he tries to integrate tricks to fool the users since that's all economics is is fooling people into becoming your servants in rent seeking behavior. It seems Larimer might be an evil genius.
Ok, for Steem, economics is basically the study of pump and dumps and rent seeking behavior, culminating in the end game of - if you aren't a slum lord, you aren't doing it right, and Dan likes to read economic-type books that spell out lessons such as this. It's not surprising he tries to integrate tricks to fool the users since that's all economics is is fooling people into becoming your servants in rent seeking behavior. It seems Larimer might be an evil genius.
Here is some math on the Steem Rube Goldberg machine:
https://bitcointalksearch.org/topic/m.15686485
Making your scam overly complex is the oldest trick in the book. It is done for the sole purpose of obfuscating your objective of robbing your victims blind. Neither of the Larimers are any type of genius, good or evil. If they were truly smart, they would attempt to earn a living through legitimate means instead of having to resort to these pathetic scams which anyone with a IQ over 80 can see through.
I'm personally just amazed at Larimer's ability to create intricate Rube Goldberg machines. You have to sit there and stare at the wall for hours and hours to go through all the endless variables in your brain that can affect his systems...
...Then you have to get into all the economics of the system and how that's going to work out, or if it's "fair" with original entrants turning it into a pyramid scheme. You end up trying to analyze something that's (borrowing the Anonymint phrase for criticising of Ethereum) unbounded complexity. You just cannot look at a Larimer system without your brain exploding.
...Then you have to get into all the economics of the system and how that's going to work out, or if it's "fair" with original entrants turning it into a pyramid scheme. You end up trying to analyze something that's (borrowing the Anonymint phrase for criticising of Ethereum) unbounded complexity. You just cannot look at a Larimer system without your brain exploding.
*Will read over the Steem stuff in a sec. Anything Larimer related always has some type of crazy controversy to it.
Ok, for Steem, economics is basically the study of pump and dumps and rent seeking behavior, culminating in the end game of - if you aren't a slum lord, you aren't doing it right, and Dan likes to read economic-type books that spell out lessons such as this. It's not surprising he tries to integrate tricks to fool the users since that's all economics is is fooling people into becoming your servants in rent seeking behavior. It seems Larimer might be an evil genius.
Ok, for Steem, economics is basically the study of pump and dumps and rent seeking behavior, culminating in the end game of - if you aren't a slum lord, you aren't doing it right, and Dan likes to read economic-type books that spell out lessons such as this. It's not surprising he tries to integrate tricks to fool the users since that's all economics is is fooling people into becoming your servants in rent seeking behavior. It seems Larimer might be an evil genius.
Here is some math on the Steem Rube Goldberg machine:
https://bitcointalksearch.org/topic/m.15686485
You guys are delusional. Go check the facts.
Have you lost your mind
Get a grip on reality.
That is good enough for people who view it as an investment. You don't really need any innovative uses on the demand side for an alt to become a hit.
You neophytes need to get a grip on reality.
I read the white paper yesterday and the STEEM devs have really done an excellent job with their subjective proof of work design.
Have you lost your mind
Get a grip on reality.
Next phase is constructing a STEEM Craigslist. But obviously they have more work to do on their security so I would not expect STEEM BAZAAR to debut anytime soon. Currently the most useful thing you can buy with STEEM DOLLARS is BTC at Bittrex.
That is good enough for people who view it as an investment. You don't really need any innovative uses on the demand side for an alt to become a hit.
You neophytes need to get a grip on reality.
Steem is the first crypto where i can go online and see something happening. I can see the "blog" or whetever it is with activity related to the coin
Yup and this makes it accessible to a lot more people compared to regular coins which are mostly for nerds and techies. With Steemit you can get your girlfriend or even your grandma to sign up and they would feel right at home. I think this a great opportunity for crypto to open its doors to a wider audience. And more people getting into crypto means increased visibility for Bitcoin as well
Steem is the first crypto where i can go online and see something happening. I can see the "blog" or whetever it is with activity related to the coin
Is steem.it really profitable to Bloggers?
From what i have seen so far, yes it is. Buying steem power tho could end up being a terrible idea, even more so if steem team has a fat steem stash that they could sell while you are left holding the bag with your steem power locked monies.
They are adding 3000 signups per day. These new bloggers dilute the available money for payout which is roughly 3.875% of the marketcap per year (actually less than that, was $2 million total recently). This 3.875% is shared amongst all bloggers, so as the number of bloggers increases, if the market cap doesn't increase proportionally, then the payouts decrease.
Also the payouts are mathematically structured such that the most popular get quadratically more payouts than the average ones. So there are some blog posts with $100s of payouts, but the average is only a few dollars each (many only $0 or pennies per blog). And these payouts will decline per the math I showed.
Eventually there will be many pissed off SP investors (who can't sell while the price is crashing) and many pissed off bloggers who don't earn what they expected to earn.
It is not suprising that 3000 bloggers per day are rushing to signup to get their free $10 of STEEM. Because blogging is not a very profitable job any more in the general case (posting photos yourself and your vacation, nobody gives a fuck to pay for that). So by showing these $100s payouts for the few most popular blog posts, Steemit is creating a false expectation of hype that blogging has suddenly become an easy profitable endeavor. This has implosion of the fantasy written all over its future.
Dan is going to destroy the image of crypto-currency is the minds of bloggers. Their first exposure to CC will be being sucked into a lie.
You are wasting your time making a group to vote for each other. You can at most get 7.5% of your SP (Steam Power) holdings back as rewards+payouts (on average) per year.
The rep power of your group is limited to your aggregate SP holdings. So even if you vote for each other in a perfect way (and this is complex to explain how to do due to numerous factors), then you will not on average get more than 7.5% per annum ROI. Of course not counting up or down votes you might get from others.
And holding SP has a huge risk, because you can't cash it out except over a 2 year period. Thus you risk losing all your SP in a declining price spiral.
The rep power of your group is limited to your aggregate SP holdings. So even if you vote for each other in a perfect way (and this is complex to explain how to do due to numerous factors), then you will not on average get more than 7.5% per annum ROI. Of course not counting up or down votes you might get from others.
And holding SP has a huge risk, because you can't cash it out except over a 2 year period. Thus you risk losing all your SP in a declining price spiral.
this anouncement that they got hacked is gonna steem down the price fast...red dildos to come ))
))The downward price will remind those who converted to SP, that they need 2 years to remove their investment.
Those who invest and don't convert to SP, are losing 0.19% per day due to debasement.
The problem with Steemit is they have no income model, thus once the price is not going up, there is no valuation where it has an P/E ratio. And the system is designed to incentivize cashing out. I just don't see where the buying demand will come from except for a bubble while the price is moving up fast. There is no incentive to HODL this token.
If one is holding SP, you are I suppose betting that Steemit will manage some transition either to be acquired by another social network at some valuation per signed up user, or that Steemit will be able to develop an income model. We've seen that estimates of revenue per user from advertising for Facebook average around $15 per user per year.
So with a million signed up users, this will be $15 million annual income from advertising, so with a 20 P/E ratio then roughly a $300 million market cap (7.5% x $300m = $15 million divided by million users = $15 per user per year in payouts+curator rewards). At 3000 signups per day, they project a million signups (costing $10 per signup at least not including payouts) within 4 months.
But it is also not clear what the retention rate is given users on average won't earn that much from the site, and especially after the number of bloggers reach million users with only a $300 million market cap. In other words, at some realistic P/E ratio, then the payouts have to drop dramatically which means the usership might not be sticky, which then means the market cap valuation must be lower. And that begins the downward spiral because as market cap falls, then payouts fall, so usership should fall. Circling the toilet bowl all the way down.
Does anyone see any way this outcome can be averted? The math seems to show there is no way this can work out.
I am not an early adopter actually. I just started using Steemit 6 days ago: https://steemit.com/@coinhoarder
I don't care if people buy Steem or not. In fact, I suggest that you don't.... I sure didn't buy any STEEM.
I made posts and upvoted posts to earn what I have in my account, and I suggest you guys do the same too. It is easy money... I made about $115 so far.
I don't care if people buy Steem or not. In fact, I suggest that you don't.... I sure didn't buy any STEEM.
I made posts and upvoted posts to earn what I have in my account, and I suggest you guys do the same too. It is easy money... I made about $115 so far.
So $20 per day incentivizes you to spend some of your time on that site. How many minutes a day you spend to earn that $20? (Readers note that he is a college student)
Will you stay when that drops to $20 per year per my calculations above?
I just learned about www.steemit.com which is a new cryptocurrency and social blogging network that pays for quality posts. It has seen huge increases in value just over the past 7 days.
What do you think? Good or not.
What do you think? Good or not.
steam coin is very good and very nice coin
unique distribution with social media website distribution same facebook but in there all activity is paid
we are posting is paid we ara postingan is friend like is paid but paid use steem coin
How do they stop people from paying themselves in order to push their own posts up higher?
The upvote system is the same as reddit's.
Whales only determine who gets paid, not what gets seen (unless that has changed since I read that over on bitsharestalk).
Not advocating steem, just answering the question.
Jump to: