I agree with almost all of this but not the bidbots part. I cannot see any way that they can be used without abuse and subsequent degradation of the community we have here.
If the idea were remodeled perhaps with posts being able to be promoted and marked as such and somehow selected in the trending algo so as not to take up the entirety of it but be interspersed with non promoted posts then that would work. Perhaps :0)
And I almost forgot, a burning of the rewards to prevent profit from it!
Yeah agree with the OP and with the feedback of your comment too 👍
But what do I know, I'm just a very handsome lad who makes drum and bass music 😏
Hahaha, nice one!!! :0D
I'm glad bidbots don't exist on hive for the most part. I would not want this to change.
Absolutely agree
All bid bots had to do was decline rewards, then vote selling impacts nobody but the buyer and seller.
I told them, and got shouted down.
Something about greedy f**ks gotta greed.
What if bibots use an opensource code that sends all the rewards received to @null, effectively burning them?
It's exactly the same as a native burn to promote in the blockchain. Except it relies on the opensource code being used.
If the bidbot owner stops using the code, we all downvote the bidbot, and voila.
It's not solely about the rewards, that's just a part of it. No one wants a trending page full of paid for posts. That's what happened last time and it was a clusterf*ck.
I can't see any positives in bidbots. Even if the rewards were entirely burned you would still get noobs piling on and upvoting simply because they thought it was popular. It distorts the organic view of what is popular and what is not.
Right, I had not thought about this.
So, what if, to use the bidbot, you must either decline payout or set rewards to @null. This could also be in the open-source code. People who send bids to the bidbots without declining payout/setting @null as beneficiary simply get refunded.
Edit - This way, delegators to the bidbot can even keep their reward! Good for investors (ROI and burn), good for visibility for people who want to rank high.
I think declined payouts still trend - If they ever returned there would have to be some major work to get around the issues it would cause.
Personally, I don't think it would be worth it. The community at large, hate the things :O)
I think you missed something this time. When bidbots were popular, people used them and the trending page was a mess because it was free to get on there.
If they have to decline payout, yes they still trend - which is the point, it's advertisement - but they have to pay to do so. No one would pay hundreds of dollars just to get a shitpost trending.
And if someone does, well, at least we all got paid for it.
Yeah but no one really wants to see the assorted stuff that gets promoted.
Why would you look at trending, if it was a big bunch of adverts? Especially an outsider.
I am open to promotion in some way but not back to that. I would be fine if different front ends sold advertising. That would be fine. It any other innovative, non platform destructive solution but not a tweak to the old way which trashed the platform's standing.