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RE: Rebuilt! MultiCoin via @BlockTrades, 20% ROI, Anti Abuse/Plagiarism. Open Source! Steem Promotion Done Right.

in #bidbot6 years ago (edited)

The 10% ROI is generated on what the Bid.Bot can handle with its own voting power + 10% magic credits which are generated internally. Bids proxied to other bidbots are either break-even or profitable. Obviously when magic credits are used, there is no liquid transfer, so those won't count as delegation shares. Cool thing is, also delegators earn magic credits on top of their liquid shares, allowing them to still access and use partially their voting power.

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Also, are the rep limitations still in place? Why have a minimum rep requirement at all when rep can be bought. Seems kind of superfluous to me. Also, I saw in your earlier thread some link to a $1k+ post that made me laugh my ass off, so thanks for that.

I see that 50k SP gets around 4.14 STU, so shouldn't the max bid be a lot lower?

Rep limitation has been removed. Non whitelisted users get their bids always manually verified. This is how we assure no weird or illegal things get promoted :)

I see that 50k SP gets around 4.14 STU, so shouldn't the max bid be a lot lower?

As stated in the post, if you send a bid that is higher than what @Bid.Bot can handle, the bid is proxied to other bid bots, by calculating the exact moment they become profitable :)