+1 man, This is really not how those bid-bots should be used. 100 USD bids are just plain reward pool rape.
You are viewing a single comment's thread from:
+1 man, This is really not how those bid-bots should be used. 100 USD bids are just plain reward pool rape.
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 :)
What's the point. He clearly doesn't understand the total vote value and doesn't care about fucking everyone else over. The rich will be richer, to beg for them to change is stupid.
If a single vote value is $100, and you bid $100, then most of the vote goes to you. The math it does is summing all the bids sent in and calculate percentage of each bid over the sum. You're right when you said high bid like that will kill smaller bids as he can afford to eat the loss, but a guy who saved up 1SBD or less will struggle to earn 1SBD or less again. Bid bots do not guarantee profitable upvote because it is a bidding process, checking tracker would show so many negative ROI. The bulk of those upvote belongs to him because he has the biggest percentage whatever the ROI is.
The biggest upvote bots have $1k-2k upvote values, sending in $100 SBD at $6-$7 per SBD = spending $600-$700 per upvote bot per post. So with the screenshot above, he effectively spent about $5000 just for upvote alone.
I wouldn't bother tell him to change, let them fight. We lay back, have a drink, make some wagers, eh?
These bots votes are worth way more than $100
And you get the idea. Out of 100 I will probably get a vote worth 200-300 and rest is split on smaller bidders as Im not the only one bidding 100. So yeah, you are wrong, but you are right in something: I just couldn't care any less.
Lmao. Ok, bud. Keep doing what you're doing. So now you're proving me wrong by saying bots are not $100 value? Lolololol. It's an example, I use $100 as an easy number to understand. You want real actual number? Here it is:
@buildawhale: vote value is $715.51. The current SBD price at this moment is $5.811/SBD. If you sent in 100 SBD, that's $581.1. Given that it is UNLIKELY anyone else can spend that much on a bid, you own the most of the vote. If the combined value of all other bidders is less than $581.1, you own more than 50% of the vote. Clear enough?
Assuming you own exactly 50% of the vote, that means you spend $581.1 to get a vote of $357.755 which is a LOSS. Everybody else in the same bid period also get the same percentage loss.
So yea, I'm right on both and I'm even more right on something.
Ps: There's a difference between vote value and SBD. Vote value is in USD.
Of course I will keep doing it. Maybe one day I will be the only one using Bid bots getting the 100% of votes, a man can dream. Thank you for explaining in detail. I understand your point, and others crying, now that you did. I keep forgetin that 1 SBD is NOT $1USD hehe That is what happen when you have so much that you just stop caring :) I will be more consider from now on and wont be sending 100SBD. What is the max that I can send without making others feels like their 1-2SBD is garbage?, thanks.
Nah, keep sending in 100 SBD bid, hell, just bid the entire amount or more. I'm so glad you understand the process now so you get better return for your money. Some dinero con opciones you are, how can you be a true whale when the only thing you got is a big wallet and nothing else.
Just remember 1 SBD is not 1 USD, OK? If you need a reminder, just send me $100 SBD and I'll explain again.
Good luck fighting grumpy. I'm rooting for you, mate. Know that.
Well, I dont have to know every lil detail about Steemit, do I?, We delegated Steem Power to small active users, what have you done for the Steemit community?, There is a reason while I have the money I have investing into crypto, and there is a reason why there are people like you that talk like they are so bright, and yet are struggling in life. oh boy lol Keep being smart, and yes, I will keep sending 100 SBD just wanted to make you feel special :D lol buen mamaguebo! :)
Ps: No need for me to send you 15.38SBD to explain something which I know as Steem and SBD each have their own price xD
10 SDB to 20 SBD is more than enough to get on trending
How it that actually work like that hacking steemit to earn more money i Don't know is just me talking blabla but do you know more bots that can upvote vote steem up your acount
Hehe, Indeed! 🍻😎