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RE: Is GrumpyCat Abusing It's SteemPower?
Sorry man, but this is not sensible or friendly towards other users of the bid-bots:
You've ruined the ROI for 100's of bid-bot users.
Sorry man, but this is not sensible or friendly towards other users of the bid-bots:
You've ruined the ROI for 100's of bid-bot users.
+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! 🍻😎
I've definitely had a situation where I scrape together 1 or 2 SBD then have someone blow the bot's max out of the water with 10 seconds left on the timer. I don't really understand the behavior. I guess it's basically free money, but it sucks for those of us who are trying to use them to progress on the platform instead of ensure the #1 spot on the trending page.
Indeed. Clearly mr capitalist over here doesn't really care or doesn't actually understand that these over-sized bids kill any chance of promotion for the smaller guys.
Ah well, I've made my point.
I dont have time to be checking timers. The rich get richers guys, you need to keep that in your mind and never forget it. If sending 100 weren't allow by the bots they could have banned people for sending so much. As the name suggest BID means this is a competition and Im here to win, not to play nice. Understand @abh12345?, good kid, good. I'm a capitalist with big pockets to invest in Steemit for my community and I to earn money. I don't care about people that side with Whales that only think about themselves.
Pretty sure that I'm the only person in here delegating to other people 100% free. If you know about any other person doing that let me know :) Ps: You wont find anyone else doing that Hehe
Well, with that attitude, you will get downvote again again and again man! But hé, I really don't care. Just do as you wish, but it really isn't the smartest move!
I am doing it, 100% for free.
I know at least 5 people doing this, including myself.
I have a lot of reading to do to understand how all these works
The whole point of cryptocurrencies (originally) was that they were meant to be decentralized and that there was a "level playing field" for anyone to participate in the currency marketplace and/or mine the currency. Overwhelmingly what is happening is not decentralization. Rather a small group of people is controlling vastly more crypto than the rest, most of the mining power is in the hands of the rich, and the average small user has very little influence.
The fact that content visibility on a so-called decentralized platform can simply be bought is a massive red flag to the long-term health of the SteemIt platform.
The rich will get richer, there's no escaping that. For 99% of us, it's just about making steady progress here, which may involve a small promotion bid when you feel it's a good time to do so.
Increasingly though, my 'good' bids are turning out to be the opposite as reckless 'overbidding' is becoming more common by the few who can afford it.
It's not just the few that are overbidding. It is also the swarm of shit posters that want quick cash grab. If you use smaller voting bots, you'll see many small bids that would bid last minute as well. I don't mind this though because if they don't learn how to use it properly, then they deserve to lose money.
So for big bots, you get whales bullying smaller bids out; for small bots, a horde of shit posters competing with you
dammit. I guess I'll just have to try and create some top quality content :D
100% agree, and it's so demotivating and unfair for the people putting a lot of time into creating content but not getting any visibility because they play it fair ... :(
Dont be so ignorant man, do you even know how Bid bots work?, Do you really think that Im the only person that can send 100+ SBD to bots?, this doesnt affect others. That is why each bot has a different Min and Max. You should really consider looking into things before making yourself look like an ignorant person.
Clearly it is you who has no idea. Of course it affects others.
Again, you have ruined the ROI and promotion level for everyone else in those bidding rounds by sending stupid sized bids to promote your content.
I wouldn't be surprised if you are banned from some of these bots.
Why would he be banned? Looks like the bot owners make more money off of him than from other people and this is about money. Now I don't agree with voting bots, I don't use them (OK I use minnowsupport but that is free) and I think people should really vote what they like and not delegate their SP but that is just an opinion I have. One other thing if you bid with 100 SBD do these bots return more than that with one vote?
Yes, Bid bots give you a return of what ever you send. Each have a Min and max, but some ignorants assholes like @abh12345 dont know this, so they believe I'm abusing the bots. If I were I could be banned by now. But hey! stupid people will always be stupid :)
Some pretty ignorant statements there.
I talk to a bid bot owner regularly, and he has banned users for persistent over-sized bids.
Stupid size bids? Not my fault that I've enough money to bid big. There are many accounts bidding 100+ are they ruining the ROI as well? If anything people like us, big Bidders, help the bots grow as they use the funds to re invest into Steem Power. If everyone were to send the amounts you send:
These bots wouldnt exist hehe. Who will works for a few SBD here and there?, Look at this account and then comeback and talk to me: https://steemit.com/@purepinay/transfers
I use Steemit to grow my income, not to get cents.
In case you hadn't noticed, the rounds are generally filled by 100's of smaller bids. What you are doing is completely selfish and at the detriment of everyone else using these promotion services.
I understand you are here to grow your investment, but at the expense of 100's of other users will not earn you any credibility at all.
And promoting a 'rant' against a flagger, well, not sure how that's going to work out for you.
When you have money to throw around best thing to do is throw it :P Have a good day, son!
This is like a dream come true for low stake quality content creators which don't use bots.
You will never get on trending or many votes without bots. So good luck with your quality content that not many will see if you keep that mentality.
I simply have to agree with you @dineroconopcion on this statement because I’ve seen some really good content that got mere votes simply ‘cause they don’t use bots. This is like the case of capitalism and socialism. All’s fair and square. Even though I don’t get much on my average post but I’m positive. Ain’t gonna blame you just ‘cause you have the SBD power ... spread love <3
Thank you for leaving your honest opinion on the matter!
Not with that attitude, you won't.
Even if I don't, that's ok. At least, i'll be able to rest easy knowing that I'm not an overrated hack either.
I'm the only Steemit user delegating steem power to others. I've give many small users 200 Steem power, you can see that in my wallet. I dont use Bid bots to get trending, I couldnt care less about that. I use them to make a profit, like everyone else does. If you are capable of making the front end good for you. Sorry if I offended you wasnt my intention. Just a bit mad about all of thse and seeing many people siding with @GrumpyCat when they do know that down voting people just because is not fair.
I have never used the Down vote/flag button. Who am I to take earnings away from someone that probably need it?, have a great day.
@dineroconopcion,
Nah, you're good. No offense taken.
I don't hate the player. I hate the game and I guess, by proxy, not particularly fond of the actions of those that helped put it in place.
That's why we have so many useless reward schemes at the bottom because they are following the examples set by those at the top. First we had vote selling. Now we have vote buying. Corruption abounds.
Witnesses included.
By the way, I plan on creating a front end one of these days that purposely ignores all bot voted content. I think that has come potential because I know for a fact I'm not the only one with grievances about bid bots.
Damn yes, this is ridiculous indeed