Bid bots are not reward pools. They are a services, those willing to bid more get more according to their bid, plain and simple. That is why bots have a Min and Max.
You are viewing a single comment's thread from:
Bid bots are not reward pools. They are a services, those willing to bid more get more according to their bid, plain and simple. That is why bots have a Min and Max.
You are really forgetting one major thing about this place! This is a Social network. What you are doing there is not very social. But hé, I won't flag or downvote you for it.
Just don't forget this is a social network, you can always write more posts if you want to get more rewards!
Your comment doesnt make any sense. So if I reply to comments in my posts I'm not being social?, I'm free to respond and speak my opinion as loud as I want, if you dont like people replying to your comments then delete you comments and dont comments in other's posts.
I am not talking about your comments. I am talking about sending 100 SBD at once to bid-bots. That's not social, other people don't have the room to bid anymore, or see their bid vaporise. And to your first remark. You really don't get the way Steem works. If you get 300 and 400 USD upvotes, someone is getting less because of you. That's how the reward pool works. And that's why I am saying you are not being very social! Ok? Get it?
Bid bots give you a Vote according to your Bid. If you send 1SBD they will give you a Vote worth 3SBD, if you send 10SBD then it will be worth 30+
This is a number/math game. You send a bit, you will get a bit, you send a lot, then you get a lot. Me sending 100 wont make a 10sbd user get less. You guys should really read the posts those bid bots accounts make. Bid bots doesnt work like you think they do. If you send 10 SBD it wont ever give you more than 30 in voting power, that is not how it works.
I rest my case man, you just don't get it! If you flood a bid bot with a 100 SBD upvote, you will get a negative ROI after curation, and the others too!
...
Oh man, I rest my case. It's hopeless
I think it's totally ok to send 100SBD to a vote-bot if you can afford to do so.
But you are wrong with your understanding of them!
The round-based votebots like booster vote every hour - And everyone participating gets their share of 100% according to the amout of % they contributed to the pool.
So if there is a total of 200SBD sent withing 2.4hrs and you sent 100SBD of it, you will get a 50% upvote.
In extrem cases of server issues, users have gotten 100$ upvotes for 1SBD.
So technically you are of course destroying the ROI for other users by sending such large sums after them.
But since I don't see boosters as a tool to get a good ROI but rather as a tool to advertise your post, I think sending large sums is fine too.
Yes I'd have no issue with it if it was placed at the start of the round or when the ROI was still positive.
But slapping $100 mid round or at the end when you know you are going to reduce a load of bids way into the negative, not cool at all.
Bid bots DO pay out of the reward pool.
yeah, he'll get there one day :)