The only way that it would have been profitable is if this bot account would have been owned by one of the bidbot owners.
That's actually a pretty disturbing theory when you think about it. The idea that bot owners creating fake customer account to abuse and making it appear they are getting more business than they really are and/or securing their delegator payouts somehow.
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I only checked this for one bot. So I wouldn't consider it sufficient evidence for anything. I will check the other bots at another time. It requires a bit of manual stuff since there are bitbots and an abuse-network from which funds are received or sent.
People get so upset over rewards. Steem still remains the best data chain in existence. You can do so much more than just social media.
MOST disturbing.
But it is the most (only?) rational explanation
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It could just be plain old incompetence :P
I realised yesterday that there is a fairly easy way to check if a bidbot owner is performing some kind of ROI-control by using an automised Alt account. The bid placed by the Alt account would have to be placed after most of the bids have been placed. This is checkable.
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