If you watch your vote value, dear reader, you will see that it goes up and down in relation to the price.
Your vote can be above, or below, the dust cut off while the price remains the same.
For you newbs, and/or mathematically challenged minnows, this variation is a direct result of how much the whales are voting.
Your vote goes down when a whale votes.
Cheering stinc delegations and begging whales for votes is cutting your own throat.
Steem is a zero sum game.
The daily rewards are capped.
Divided ~20k ways it doesn't add up to much.
It doesn't add up to much, period.
About 10,000 usd per day.
So, dear reader, let's do some math.
30% of that goes to the bid bots.
30% is controlled by the top 15 voting accounts.
~38% for the balance of the top 100 voting accounts.
The rest of us are fighting for crumbs that fall from the gaping mouths of the greedy.
Most of those folks do just fine in life.
They just like taking candy from babies, I guess.
Add to this that you arent getting a whale vote anymore, unless you pay for it, and there isn't much incentive to play this game, anymore.
The lottery facet of steem has been removed.
Before linear rewards the n2 hindered this abuse.
Just going back to the 4 post soft cap on rewards and doubling votes to 20 per day would help, but then stinc, et al, couldn't suck up as much as quick, so that is out, eh?
We were intentionally handed this by stinc, et al, so they could stretch out their money grubbin', imo.
They said enabling proof of wallet would save us from the greedy whales.
They hurried up and forked the community response out.
It was containing the abuse by flagging abusers.
Does it matter if it is a scam or ineptness that collapses the price?
Here we are irregardless of what recriminations can be borne by whom.
So, what do we do?
We beg our coder overlords to give back proof of brain?
We beg the whales to contain those that abused it?
Wait for 10 cent steem, buy a bunch, and be a bag holding orca?
You got to decide for you, dear reader.
