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RE: Delegating to Bid Bots

in #delegation6 years ago

Bid-bot business is the most profitable business here. One just need to own a bid-bot for this, other users will do the rest of work for them. Bid-bot will ask for SP delegation, which many users will happily do. Then bidbots will earn even before making upvote in the form of bid amount, send by users to promote their posts. Bid bots don't have any effect if the value of payout diminishes with the time. it is the loss of the user, not of the bidbot which don't have to wait for seven days to receive payout.
Beside this, bid-bots also earns curation rewards.
They are always in profit. Every minnows is forced to take their help in one way or the other. Even a whale have to upvote his own post or comment (though, they prefer auto voting or SP delegation to bots) to earn reward but bid-bots have no such necessity. An average user cannot upvote every time with 100%VP (as he have to preform a lot of other tasks also, other than passing time here) but a bot can always upvote with 100%VP.
Therefore, I will say that the bid-bots are the real player of this platform.