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Bernie's downvotes have zero effect on rep (positive or negative), but the bots that go along with him do. He does, however, still have an effect on wallet. I wrote a post explaining it recently.

I see Rep as a self ego meter, wallet is what everyone wants. If that one guy was still making $300+ per post and was Rep 25 do you really think it would cause him to quit posting?
Yet it goes the other way as well if his Rep was 78 and he made zero on every post he made, he would go away quickly.
I think more ego's are hurt by his Rep being 76 than by his being up voted the $300+ every post.
There are a large hand full above 65 who got to their Rep the exact same way except more than one supported them, are we going after all of them?

I don't think rep plays a big factor in that turmoil. When it started, his rep was pretty low. That being said, it is an ego thing and people love it. It's stupid and meaningless, though.

Right and once his post started to go to $300 a small handful decided to flag him. Now he is one of the highest Rep's on the platform and in place of those with the power flagging we are looking to build a super flagging account. This problem can easily be corrected if those with the power do their part.
Easier to use the flags each account has and not waste more delegation that can go to smaller users and other accounts. We are already having all of the delegation that is extra being sold to bots from minnow sized accounts to @minnowbooster to @freedom sized accounts to bid bots.

Where does delegation stop being sold to advance those with money or hurt those getting up votes stop and start going back to tiny people trying to make an account here like everyone else?

yes, but it hasn't much effect depending. this is why one TA keeps climbing so fast. Yeah, who cares about rep...

Would love to get a trial going but it is hard to get anyone to commit. Ancaps ;)

Start with taking the money, if you have 15 of the top 100 agreeing and delegating to the project just have them follow the account with a 1% flag as well. Helsing takes the money and whales chip at the rep until bad behavior is stopped.

yes, that is an option too but I would rather have them delegate fully as it engages them better.

Just tossing idea's. It is better to have more thought's to think about and opinions gathered. I'd still like to see a flag bot made where people can buy flags and enter a reason for the flag. The flag get's reviewed and if it deserves a flag by consensus the buyer get's a small refund if it is malicious the buyer loses it purchase price all proceeds going to the promote button and not someone's pocket.
It is easier to have all eyes looking as a handful can only see so much at any given time.

I am glad this idea wasn't killed off and is being talked about. Lot's of lower level VP is being wasted as small people are trying to correct what they see with no effect.