reply on: Million Sat Madness is a Keynesian Beauty Contest \ stacker news ~meta

pull down to refresh

31 sats \ 8 replies \ @kr 20 Mar \ parent \ on: Million Sat Madness is a Keynesian Beauty Contest meta

are you seeing real examples of people trying to get larger rewards by gaming the system on MSM?

79 sats \ 5 replies \ @Undisciplined OP 20 Mar

This is largely anecdotal, but I have noticed much lower zaps on my link posts. People know link posts don't do as well, so there's a disincentive to zap them.

Personally, I intentionally increased my post zapping about a week ago. I had been rationing my sats a little bit, but realized that I was shooting myself in the foot. I'm not zapping anything just because of the author, but I am probably clicking on certain people's posts more often, which leads to them getting larger zaps.

I don't expect to see this really peak until next week anyway, as people sprint to the finish. I did see a comment in the saloon about someone checking out from stacker news until next week so that they can be sure to have resources at their disposal.

I'm not saying we have some huge problem. This is more an expression of concern that over time the behavior on SN will conform to the incentive structure and the incentive structure has a well known flaw that is beginning to show itself.

63 sats \ 4 replies \ @kr 20 Mar

fair enough, and appreciate you raising these concerns.

the daily rewards structure has its own flaws too, and on balance the key site metrics seem to be better in March (total zaps, items created, etc…).

the only metric that hasn’t really budged is new signups, but we’ve got a separate experiment planned for that shortly.

121 sats \ 2 replies \ @0xbitcoiner 20 Mar

I'll just say one thing, in the first week of April I'm going to do like Siggy and take a week off :) pura madness

53 sats \ 1 reply \ @Scoresby 20 Mar

I second this. Because of msm I'm doing a lot more here than normal (because, hey, who doesn't like a little competition?) but if it was a regular monthly thing I'd cut way back. Just don't have time to sustain this kind of effort.

21 sats \ 0 replies \ @0xbitcoiner 20 Mar

This is absolutely insane. From what I'm experiencing, I think I can get between 30-40 without this madness :)

79 sats \ 0 replies \ @Undisciplined OP 20 Mar

As always, I look forward to the new experiment.

64 sats \ 1 reply \ @Voldemort 21 Mar

The rewards might not be big enough yet - but in general people game the system to make money. It is common on all the other social medias.

Over MSM, I have been giving zaps more freely, and in general give them to anyone who replies to me thoughtfully. I will 100% reconsider this now that I know I would get more back giving them to highly zapped comments.

Maybe that makes me a jerk, but those are the incentives.

31 sats \ 0 replies \ @kr 21 Mar

that’s not exactly how the incentives work, but i get your point.

all else equal, zapping the most popular comment after everyone else has already zapped it is not going to move the needle as much as zapping an interesting comment which others haven’t yet discovered.