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      "permlink": "re-cryptoarabia-how-to-stop-almost-all-abuse-on-steem-20180211t081705034z",
      "title": "",
      "body": "@@ -43,16 +43,17 @@\n d. Bots \n+(\n and also\n@@ -73,16 +73,17 @@\n ep users\n+)\n  flaggin\n",
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      "permlink": "re-cryptoarabia-how-to-stop-almost-all-abuse-on-steem-20180211t081705034z",
      "title": "",
      "body": "@@ -43,16 +43,46 @@\n d. Bots \n+and also a few high rep users \n flagging\n",
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      "body": "There is also some downvote abuse I noticed. Bots flagging down minnows that start to get noticed and make some dollars on grounds of having copied parts of other articles without giving attribution. But then you see some of the whales copying entire articles without mentioning the source and making hundreds of dollars from it and nobody says a word about it.\nFor me, there is a lot of abuse going on in the voting system, and it's what scares people away from participating more on Steem.\nMaybe it should be better if there were no bots at all and people would start voting freely whatever they liked and felt useful. I think that was the spirit of the voting platform in the beginning, wasn't it?",
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      "parent_author": "",
      "parent_permlink": "steem",
      "author": "cryptoarabia",
      "permlink": "how-to-stop-almost-all-abuse-on-steem",
      "title": "How to stop almost all abuse on Steem",
      "body": "http://cdn.ahchealthenews.com/wp-content/uploads/2015/09/child-abuse.jpg\n \nHow to stop almost all abuse on Steem\n\nToo often I have read posts about abuse and reward pool rape. Some users try to exploit Steem and get more than they actually deserve. I am talking mostly about bot upvote abuse. The solutions so far didn't really work.\nWith some users trying to exploit the dMania bot as well, I have to deal with it somehow. I want to shed some new light on the problem and make it clear for everyone where the actual problem is.\n\nWhy only bot upvote abuse?\nhttps://steemitimages.com/0x0/http://cf.chucklesnetwork.agj.co/items/1/2/0/2/0/not-sure-if-bot-oh-no-its-definitely-a-bot.jpg \nI would argue that bot abuse is the only real abuse that exists on the platform atm. Every other post that receives high rewards was upvoted by some real person. That person invested a lot of money so that he is able to make those high upvotes. He can use those upvotes however he likes. If he likes to upvote his own comments to $200, that's his choice. It's probably not the best idea or a good strategy for an investor, but it's his choice.\n\nIt isn't any different when a low stake user upvotes his own posts and comments all the time. Nobody complains about that, but it is actually the same thing.\n\nIf some user upvotes content of the same user all the time (@haejin or others), it's not abuse either. Looks like it and a lot of people don't like that, but not really abuse. Some users with a high stake choose @haejin as their special friend and upvote all his posts. They have invested a lot in the platform, so they can do that. It's their choice. It's probably not the best thing to do if you are interested in the long term growth of the platform, but if they think @haejin posts are their letters worth in gold so be it. \n\nPeople can use their own stake to fight that kind of Steem Power use or they can let it happen. Again it's their stake and they should use it as they see fit.\n\nWhere the real problem lies\nhttps://steemitimages.com/0x0/https://i.ytimg.com/vi/650DYdeiGvM/maxresdefault.jpg\nMost people don't  realize where the actual problem is. For me it is as clear as day and I wonder why I haven't seen any posts about it. The only real abuse that happens on Steem is by paid upvote bots. Not their existence, but how they are designed at the moment and the amount of power they have on Steem.\n\nPeople normally use paid upvote bots to boost their posts a little and make them a little bit more visible. Nothing wrong with that. On Steem there is already a feature for that -> Promotion. The problem is that nobody really uses it. Mainly because of the way it was designed. Promoted posts on Steemit are only visible in their separated tab. There are a lot of ads and stuff by ICOs. Most people don't want to look at that. The quality of content is lower in general on the promotion tab. \n\nOther platforms had the same problem and they integrated ads and paid posts into the regular content. That way those posts would get more exposure and people would only see ads/paid posts from time to time. Bad design by Steemit in my opinion.\n\nThat was one of the driving factors why paid upvote bots came to existence. There was a demand for it by the users. They are willing to pay so that their posts receive more exposure. New users don't have many followers and it's hard for them to get started on Steemit. I had the same problem at the beginning. Paid upvote bots can help you with that. They provide a valid service to their users, so there is no real problem for paid upvote bots in general.\n\nThe actual  problem\nhttps://steemitimages.com/0x0/http://we-viral.com/blog/wp-content/uploads/2017/09/seo-agency-problems1.jpg \nThere is a big problem if people use paid upvote bots who don't care about the content and just want the rewards. They just create random posts and use paid upvotes to collect rewards. \n\nSome upvote bots received a shitload of Steem Power in the last few months. The reason is because they are  money printing machines for their creators and everyone who delegates to them. The rewards that those bots generate are huge. It's hard to find the actual numbers, but you can guess from the amount of Steem Power that those bots have. The big upvote bots generate tens of thousands of USD every day. That is more than any witness, author or app on Steem receives.\n\nBy delegating Steem Power to a paid upvote bot it becomes suddenly legit for whales to self vote all the time. Before they had to create posts and upvote them. If those posts provided zero value, it would be visible to others. Like I said before not real abuse, but probably not the best idea. People who don't like that could downvote them with their stake. Normally people would never upvote with 100% of their stake themselves all the time. Almost nobody does that. No whale would do that who is interested in the growth of the platform.\n\nExcept with paid upvote bots that sort of behaviour is suddenly legit. People delegate to upvote bots and receive almost 100% of their investment, without getting the bad repuation of exploiting the reward pool and selfvoting. That is the real problem and it's bad, really bad. Can't be the only one who sees a problem there.\n\nWhat can be done?\nhttps://steemitimages.com/0x0/https://www.sandler.com/sites/default/files/styles/blog_main_image/public/images/blog/problem%20solution.jpeg?itok=c1yF2fYS\nThere is no way to stop or regulate the paid upvote bots. They are part of the system now. We have to deal with it. People who delegate to them should ask themself if that is  really in the best interest for the growth of Steem.\n\nThere is one simple change that would resolve the issue of abuse with paid upvote bots: Reduce the amount of Steem Power delegated to paid upvote bots and make the use of paid upvotes more expensive.\n\nThe price of paid upvotes depends like everything on an open market on supply and demand. At the moment the supply of Steem Power for those bots is very high. So high that using them on any content can generate profits for their users. If the supply would be less, the price of paid upvotes would rise and there wouldn't be any auto profit anymore. People who want to use paid upvotes would only use them if they think their posts are valuable and will generate future rewards for them. Abusers would loss money if they use them at random content.\n\nSo all it takes is a few whales to stop delegating to paid upvote bots or just delegate less. One simple click for a few users to stop almost all abuse on Steem. Easy as that.\n\nI hope that some whales see this post and think about what they are doing and how bad those actions are for the Steem platform. Stop thinking only about short term profits and think about the future of the platform.\n\nFinal words\nI am on vacation now and I actually don't want to deal with stuff like that atm. Nevertheless I think it is very important that people understand where the actual problem is. \nI am pusing this post with paid upvote bots for maximum visibility. Like I said not the paid upvote bots are the problem, but the amount of Steem Power they have.\n\nTo stop abuse of the dMania bot by paid upvote bots, I could ban all of them. That would solve the problem on dMania, but not in general. Like I said paid upvotes provide a valuable service and are important to new users. A ban isn't the best solution.\n\nYou don't stop abuse by punishing the abuser. The only way to stop abuse is to make it impossible in the first place. Like I said, just reduce the delegations. One simple action that would change everything. Paid upvotes should never generate auto profit for anyone.",
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      "title": "BCH Wallet ‘Handcash’ Enables Bitcoin Cash NFC Transactions",
      "body": "https://news.bitcoin.com/wp-content/uploads/2018/02/BCHcover.jpg\n\nOn Saturday, February 10 a new bitcoin cash (BCH) wallet was announced called, Handcash, an SPV client that enables Near Field Communication transactions. The wallet’s initial release is still in beta form but is available to download for experimentation on all compatible Android devices.\n\nhttps://news.bitcoin.com/bch-wallet-handcash-enables-bitcoin-cash-nfc-transactions/",
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      "title": "U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines",
      "body": "https://news.bitcoin.com/wp-content/uploads/2018/02/Dsaclos.jpg\n\n\n                                                                                          House Representative Jared Polis: \n                                               ‘Government Employees Should Report Any Virtual Currency Holdings’\n\nU.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure GuidelinesU.S. bureaucrats are ramping up efforts to try and regulate the decentralized currency bitcoin and the slew of other cryptocurrencies that exist. On February 5, the House Representative Jared Polis who is known as “bitcoin-friendly,” submitted a request that urges the House Committee on Ethics (HCE) to provide guidance on how politicians can disclose their digital asset holdings. Polis states that in a lot of U.S. territories digital assets are defined as securities or commodities, and U.S. politicians are already required to declare traditional assets. Polis says it is “critical” that the HCE provide this type of guidance to government employees.\n\n“Members of Congress and covered employees are already required to report certain asset holdings over certain amounts, including reporting any commodities holding over $1,000,” Polis argues in his petition to the HCE.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.cryptocompare.com/coins/guides/how-to-earn-steem",
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      "title": "How to Earn Steem?",
      "body": "https://www.cryptocompare.com/media/351332/steemitheader.png\n\nSteemit is a new social media platform where you can get paid to write and upvote content. Steemit is powered by its value token Steem and all the payments are decentralized and blockchain based. \n\nSteemit has three value tokens: Steem, Steem Backed Dollars (or Steem Dollars) and Steem Power.\n\nSteem is the liquid value token that can be bought and sold at exchanges. Withdrawing Steem from Steemit is automatic.\n\nSteem Backed Dollars are dollar pegged tokens that are worth around 1$ each. They exist to protect content writers from volatility and Steem's inflationary nature. Steem Dollars take 5 days to be converted into Steem.\n\nSteem Power is Steem locked in a vest fund. It is used to curate (up or down vote) content and can only be withdrawn over the course of 104 weeks.\n\nIt is also important to note that Steem has a yearly issuance rate of 103%, which makes it an extremely inflationary cryptocurrency. The Steemit platform itself is also very new and has already been hacked once, though all the funds were reimbursed to the respective users. With any nascent technology there are many unknowns and so an extremely heavy dose of caution is advised.\n\nThere are many ways to earn Steem, Steem Backed Dollars or Steem Power in the platform, and today we want to show you how to do it! We can only show you how to use Steemit, then it will be up to you to create new quality content or to curate quality posts, by doing so you'll help yourself and the Steem ecosystem.\n\nWhere does this money come from? When mining steem 90% of the block rewards are allocated to a vest fund (Steem Power) that pays content creators, curators and miners. The other 10% are kept as Steem, which can be sold and bought at any time, and are used to reward content creators in Steem Backed Dollars.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://heathstylecom.wordpress.com/2017/12/20/ripple-xrp-price-prediction-for-2018/",
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      "title": "Ripple XRP Price Prediction For 2018",
      "body": "https://coinlist.me/wp-content/uploads/2017/11/ripple.png\nRipple has been garnering a lot of attention in the cryptocurrency world. Just like other cryptocurrencies, Ripple’s cryptocurrency, XRP also uses the blockchain technology. However, unlike other cryptocurrencies, it is regulated and facilitates fund transfer for banks.\n\nRipple has seen a surge of 4000% in the first half of 2017. Today, the market cap of Ripple is more than $100 billion. Ripple claims that there were more than $11 billion worth of transactions in the second quarter of 2017. Currently, it is listed on 30 exchanges.\n\nWhy Is XRP Expected To Perform Great In 2018?\nRead Also: 5 Reasons To Buy Ripple XRP Coin\n\n1- Operations :\nRipple is working with some of the biggest financial institutions around the world. Ripple aims to power the whole financial sector by making instant transactions possible at a fraction of the current costs. It provides a frictionless experience for global fund transfer using the blockchain technology. In future, it is expected to act as a liquidity solution for the cross-border transactions. Banks and Payment Providers can use XRP to settle multi-currency transactions to minimize the overheads.\n\nRight now, SWIFT facilitates most of the international payment transfers. Whenever we make any cross-border transaction, we need to provide the SWIFT code of the branch of the bank. SWIFT has a monopoly over cross-border settlements. It has more than 11,000 financial institutions and 200 countries on its network. Ripple is associating with big financial institutions and working with many banks to incorporate its blockchain technology. It’s hard to say how soon or whether Ripple will be able to take SWIFT down or not. However, it can indeed break the monopoly of SWIFT over the international fund transfer.\n\n2- Powerful Technology :\nRipple can process 1500 transactions per second, which is huge as compared to Bitcoin. Bitcoins can handle up to 7 transactions per second. Ripple’s technology is powerful enough to replace international payment systems such as VISA while reducing the cost and allow instant transfers.\n\n3- Trust :\nA large number of banks from around the world are actively working with Ripple to implement its technology over their payment infrastructure. It makes Ripple trustworthy, and investors find XRP to be a comparatively safer bet as compared to other cryptocurrencies.\n\n4- Cryptocurrencies As Safe Haven :\nCryptocurrencies performance during 2017 will be a determining factor for their demand in 2018. 2017 saw the price of XRP surging rapidly during the first half. Other cryptocurrencies won’t find it easy to copy the market development of Ripple. Investors interested in the digital currencies as a haven for the uncertain times will find Ripple as a promising candidate.\n\n5- Familiarity :\nBitcoin and Ethereum are the most traded cryptocurrencies. A large percentage of cryptocurrency traders and investors are still not familiar with Ripple despite its promising technology. Once, a few institutional investors join the network and Ripple permeates the mainstream investor’s community like Bitcoin and Ethereum, an influx of trend followers can make the XRP prices shoot through the roof.\n\nRead Also: 5 Tips To Protect Your Digital Currencies\n\nPredictions For 2018\n– Looking at the latest developments and increasing interest towards the XRP, by the end of 2018, the Ripple price is expected to cross the $7 barrier at least.\n\n– Trading Volume of XRP is nowhere close to the most popular cryptocurrencies, BTC and ETH. Trading volume is expected to grow in 2018, and a rise in speculative activity on the Ripple cryptocurrency can even raise its prices to $7-$10 mark as well.\n\n– Though the overall price of XRP is expected to witness an upsurge, not all months of 2018 will be the same. A lot of cryptocurrency enthusiasts don’t like the idea of banks or any financial institution or a company regulating the cryptocurrency. In the long run and as long as banks exist, XRP is likely to prove as a solid investment, but its prices can see a downward trend in some of the months.\n\nShould You Invest In Ripple?\nIf you want to invest in Ripple, XRP as a long-term investment that you would like to hold for years to come, Ripple seems to be a promising investment. A paradigm shift is happening, and we are moving towards digitization of all currency. In the world where money exists in the digital ledger of banks, cryptocurrencies like Ripple have a special place as they are not anti-bank in nature like many other cryptocurrencies. Instead, they are developed to let the banks utilize the evolving blockchain technology.\n\nIf you want to invest in XRP for quick gains within a few months to an year, it seems promising. In 2018, it is expected to see a sharp upsurge in prices. It is projected to cross the one dollar mark at the very least.\n\nIf you are a day trader, XRP’s trading volume should grow as well. With increased trading activity, fluctuation in prices will be seen as well.\n\nFinal Verdict\nWith a promising financial technology for future and growing network of banks, Ripple’s cryptocurrency looks like a promising long-term investment. With more investors becoming aware of XRP and a growing awareness towards its technology, XRP’s prices are expected to rise in 2018. In the first half of 2017, XRP’s price surged up to 4000%. As the trading volume of this cryptocurrency is nowhere near the most popular cryptocurrencies, BTC and ETH, it is expected to witness at least one-fourth or half the spike as seen in 2017. Therefore, it is predicted to rise above $7-$10 in 2018.",
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      "title": "Ethereum  price Prediction  \"february 2018\"",
      "body": "https://www.ccn.com/wp-content/uploads/2016/03/Ethereum-launches-1.jpg\nShould I invest in Ethereum CryptoCurrency?\" \"Should I buy ETH today?\" According to our Forecast System, ETH is an awesome long-term (1-year) investment*. Ethereum predictions are updated every 3 minutes with latest prices by smart technical analysis. Q&A about ETH projections.\nAt Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Ethereum. If you are looking for virtual currencies with good return, ETH can be a profitable investment option. Ethereum price equal to 809.630 USD at 2018-02-11. If you buy Ethereum for 100 dollars today, you will get a total of 0.124 ETH. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-09 is 6304.270 US Dollars. With a 5-year investment, the revenue is expected to be around +678.66%. Your current $100 investment may be up to $778.66 in 2022.",
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      "title": "Will bitcoin rise again?",
      "body": "https://i.onthe.io/vllkyt38jvdus4d14g.10a2e954.jpg \n\nMany will say yes but the real facts about Bitcoin is hidden from us. I will try me best to revel some real facts of Bitcoin. I think, by knowing those facts you can easily find out whether you should invest in bitcoin for long term or not.\n\nNo one regulate Bitcoin and no one can control it. Any one can create an artificial market crisis and the Bitcoin price can rise. We all know Gold have price because there is demand. In a similar way, If there are Bitcoin crisis in the market then Bitcoin price will rise.\n\nBut if some one buys and hold Bitcoin in his wallet in a huge amount( nearly 1 hundred thousand million dollar of Bitcoin) then there will be an Bitcoin crisis in the market. The demand will be more than the available bitcoin in the market. The price will rise sharply. The same thing is going no now so Bitcoin price is rising.",
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