Important Announcement for minimum bids ($2 min)

in #buildawhale7 years ago (edited)

Due to the number of bids coming in, price of steem, and our total Steem Power, we need to switch to 2 SBD minimum bid. The voting cycle is taking forever which is slowing down how fast we can vote and recover due to the high demand due to the price of STEEM.

Effective immediately, the minimum bid is now 2 SBD. We are currently voting and when that is finished, it will be locked down to 2 SBD only. I don't like raising the minimum bid as it limits who can use it, but it is something that is out of my control at this point. We really should make it 5 SBD as that would totally fix the issue, but I feel that is just too high.

If you sent 1 SBD already, just send another 1 SBD with the same exact memo and it will combine them into a 2 SBD bid. As long as it is in the same bid window, they will be combined. The next window will be slower due to the all the 1 SBD bids.

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Great work gang this account has some serious influence. Keep using your powers for good!

What about those of us that bid $1 an hour ago, before we saw this post? do we get an upvote or a refund?

same here, did a bid 4.5h ago

I took care of it in another comment.

Yes, I have fixed everyone I have seen, I don't see any for you though when looking at your wallet.

2sbd is not something every minnow can afford :(

There are literally dozens of smaller upvote bots. Just use the smaller bots until you can compound the profits and afford the bigger bots.

Agreed, the amount of SP we have caused very long voting cycles with the number of bids we received due to the increased price of STEEM. It was causing our voting windows to take far longer than normal and drian more voting power.

By changing to 2 SBD, we can try to normalize our windows again and prevent this from happening.

yes, you are right, I think $1.5 sbd is a fair amount. sir, please change minimum bid to $1.5 sbd instead of $2 sbd

What he is saying is that having it that low right now is impossible. Too many bids. If too many people bid 1sbd bids, it would 1. it may be too low a percentage of vote to actually vote and 2. it is taking too long to complete the process which wont work. It isnt about be greedy. There are smaller bots too out there that might fit you better. upmyvote is good too. or randwhale.

in the end it is just business ¯_(ツ)_/¯
who can afford shall climb the escalator while other takes the stairs.

What he is saying is that having it that low right now is impossible. Too many bids. If too many people bid 1sbd bids, it would 1. it may be too low a percentage of vote to actually vote and 2. it is taking too long to complete the process which wont work. It isnt about be greedy. There are smaller bots too out there that might fit you better. upmyvote is good too. or randwhale.

There are options for 1 SBD or fewer bids. There are technical reasons why we just cannot do it anymore. I only raise the minimum bid when I absolutely have to.

Yep I understand ! Hopefully I will be earning more to bid with you again :)

@buildawhale @themarkymark Dear sir, please decrease the minimum bid to $1.5 SBD as $2 SBD is very high and the upvote will not be profitable anymore. Please decrease it to $1.5. Thanks

The vote will be profitable, we have over $1,000 upvote.

I understand that, unfortunately, due to the number of bids we receive due to the price of STEEM and the fact we can vote for over $1,000, the 1 SBD was causing out voting cycles to take 5-10 times longer.

There are lots of other bots that handle smaller bids gracefully, but with how much Steem Power we have it just isn't possible to keep a 1 SBD bid minimum.

I am working on a few new bots that work differently.

I am very happy to read your post, will this interesting offer. thank you for making this announcement. btw, I've sent you 10 sbd with the link

does the percentage you get per vote change? or just the minimum amount you can bid? thanks

asking real questions here !!

The vote we give is based on how many people bid in the window, how much they bid as a whole, how much you bid, and the price of STEEM.

In short, every bid window is different and there is no way to predict.

it's a bidding system. So one window i one 100% vote broken into smaller parts based on everyones bid.

hello sir, i did a bid 5h ago, i didn´t read the blog before doing so because i was busy at work, i know it was my fault, but i wont be able to get the other sbd until the last 12h of the post i bid... could you please consider upvote this time only for the close the bid was done to the time of the adjustment? :c

I sent you 1 SBD back, just use 2 SBD for future bids.

thank you sir, i will, sorry for the inconveniences

Nice pict :)

Good idea @buildawhale
You guys are doing just well

nice job..
but i sent 1 sbd almost 5 hour ago.
didnt recieve upvote yet.
post link:
https://steemit.com/city/@mdnafis/the-world-s-safest-city

We still voting, once the voting is done I will check and see but it should come through.
I am making some changes to the next round that will dramatically speed up voting.

The amount of tiny bids is making our voting cycles take forever.

yeap.. thnk you for voting..

Thanks for the update @buildawhale I paid $2 for the last round so hopefully see the results soon. my post was https://steemit.com/travel/@derekcowan/why-people-and-places-get-a-bad-name-by-tourists
Great service! cheers

I transferred 1.100 SBD to you neither did you vote nor did you refund please do not cheat me
https://steemit.com/steemit/@maney/my-cute-selfi

there are no refunds.. lost 6 SBD with no refund. Gross.

There are no refunds for user errors due to how the bot tracker site works. I am working on a new system that would allow us to enable refunds again. Right now I am working on making changes so the bid windows don't take so long due to all the tiny bids.

We don't offer refunds not by choice, but because of the way a third party site effects us. Users bid based on the transfers going into @buildawhale, they don't know or care about refunds and bid solely based on how many bids are in the window.

Understandable

That's ok. I mean I love the service but at the same time 6SBD at that time was worth $66 dollars. When I contacted about it I was just told "no refunds", just "sorry".

so I mean when you tell someone your funds were lost and they know about it, and don't give a shit leaves a bad taste in your mouth. Love buildawhale just weary to use it anymore. Minnows need every SBD they get ;)

I hear you, and I really don't like it either. But with the bot tracker any refunds come out of our pocket, as it comes from money others have bid. It's not like selling a product that gets returned and we can resell it. Our voting power is used, and it is distributed to other voters. They never even know there was a refund, and bid as if there wasn't.

For example, say we have a 20 SBD profitable window, you bid 5 SBD and I refund it. It means we make 15 SBD. Next window there are no refunds, people will bid near the 20 SBD. So we don't make more or less by keeping anyone's money, but we do lose money with refunds.

There are also a few scammers going around abusing bots that give refunds using multiple accounts.

I am working on testing a new system that will allow us to turn refunds back on, but I need to do more testing before switching over.

I am genuinely sorry, I've given 500+ refunds manually before the bot tracker site came online. Although it does a lot of good, it also introduces unique problems for us.

Respect bro! I have been able to make thousands of dollars from this platform and to be honest if it wasn’t for upvote bots most whales wouldn’t give a shit about me. You gave a very respectable answer. Thanks for your attention; you are a solid guy.

I don't see any errors on your end, I believe it might have got caught in the node issues that happened yesterday. I am sending a refund for 1.100 SBD. You can resubmit the post (but remember our minimum bid is now 2 SBD).

Hello sir, I transferred 1 SBD 3 hours ago. But has received no upvote yet. Please consider and upvote.
https://steemit.com/blog/@mawattoo8/what-about-usdcad

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

Hi,buildawhale i have sent 1.5 sbd 3 hours ago please upvote or refund me
https://steemit.com/photography/@wasimk87/this-is-the-awesome-scenery-in-carribean-bay-in-south-korea

the minimum fees is 2sbd now so no refunds :/

You mentioned that earlier. He got a vote, we cannot refund on user error, but if someone submits 1 SBD they can submit it again with another 1 SBD with the same memo and it will be combined into a 2 SBD bid if it is in the same window.

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

Obviously its required

Dear sir I send you 1.4 sbd if you not upvote me then please refund my sbd https://steemit.com/love/@rajorajiten/travel-in-maharastra

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

Hi buildawhale I have sent 1.5. Sbd 5 hours ago plz upvote or refund me

https://steemit.com/news/@sampadhali/the-peak-is-frosty

There are no refunds :(

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

i am send 1.100 sbd yesterday but not received upvote now please refund my sbd
https://steemit.com/cryptocurrency/@aliakbar2017/very-beautifull or upvote my this post https://steemit.com/nature/@aliakbar2017/happy-new-year-2018

Already responded.

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

One solution would be to delegate some SP to a small bot that you set up. The small bot could cater for smaller bids and then you could have a higher minimum on the main buildawhale bot.

Dear @buildawhale ,i did a 1 sbd bid 6 hours ago can upvote my post
https://steemit.com/steemit/@kulikan/deutsch-polnische

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

Hi I have sent 1.0sbd 6 hours ago and still not get a upvote. Please check and upvote or refund me.
https://steemit.com/kr/@shinternational/7bmleu

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

Hello, I send you 5.100 SBD to this post but the post was not upvoted. Please check it.
https://steemit.com/love/@pradeeprajora/107-love-quest
Otherewise please rufund it.

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

With all due respect I've transfered 1SBD 6 hours ago and didn't get yourupvote.
https://steemit.com/funny/@alan-walker/the-worse-day-of-this-week-
Time of my post is almost over 6days. Please upvote as soon as possible or refund

I see an upvote. The voting was taking longer due to the large amount of 1 SBD bids submitted, that's why we had to go to 2 SBD minimum bid to bring our windows back to normal.

Thank you for your great response @buildwhale looking forward with you. And please its a request for everyone's good keep the minimum bid 1sbd. It is helping low sbd owners like us a lot.

Unfortunately, due to technical reasons, I cannot. The small 1 SBD bids are causing a big backup in our voting cycles due to the demand with the price of STEEM/

Sir @buildawhale I had send you 1 SBD BY MISTAKE, JUST I HAD REALISE THAT YOU HAD NOW CHANGE THE MIN BID. SIR PLZ REFUND MY 1 SBD
here are the transfer details.
Screenshot_2018-01-05-23-02-46-333.jpeg

Just send another 1 SBD and it will fix it if it is in the same bid window. Make sure you include the same url (exactly)

this is pretty good friend,
@buildawhale I have sent you 3 SBD, please check my post.

i am send 1.100 sbd yesterday but not received upvote on this post
https://steemit.com/cryptocurrency/@aliakbar2017/very-beautifull please refund or upvote my this post https://steemit.com/nature/@aliakbar2017/happy-new-year-2018

I believe I responded already, the post is too old. We cannot vote past 6 days 12 hours, the blockchain won't allow it. I don't recommend sending bids in for posts older than 6 days to prevent that.

i am sending 1.100 sbd yesterday but not received upvote please now upvote my this post
https://steemit.com/nature/@aliakbar2017/happy-new-year-2018

Your post was too old, the Steem blockchain does not allow votes past 6 days 12 hours. Due to our 2 hours 40 minutes bidding windows, we recommend not submitting anything older than 6 days.

You can read about our refund policy here.

They were in different windows so they didn't get combined, I'll send you the first 1 SBD back just rebid with it for the same post you just bid the 1 SBD for and they should get combined.

ok selesai, saya sudah melakukannya.. @themarkymark

@buildawhale @themarkymark sent 1SBD about 6 hours ago. Didn't notice your memo here until just now. Can I get a refund and I'll throw 2 SBD back in the next voting window? Memo: https://steemit.com/travel/@shoogie/travel-with-me-disney-animal-kingdom-and-resort

I sent you 1 SBD, please use 2 SBD or more for future bids.

Got it and followed up with a new bid. Thanks for the support!

i send you 1 sdb with my memo https://steemit.com/steem/@bruzzy/winner-announcement-of-nhl-and-nba-daily-contest-for-the-01-04
and i just check you change the price can you refund me i can t send a other 1 sdb thank

Resolved in another comment.

Resolved from another comment, sent the last 0.500 SBD.

Hey @themarkymark I sent a 1 SBD a few hours ago (I hadn't seen this post). Can you refund it please?

https://steemit.com/science/@gruffalo/winter-storm-pummels-the-east-coast

I will send 2 SBD bids in future.

Sent 1 SBD back, please use 2 SBD+ for bidding.

Thanks, much appreciated

Hi team, I sent a bid with 1 SBD about 9 hours back and it was almost 12 in the night for me, so I bid and slept. Now the voting window is crossed, so will I be still getting an vote if I send another SBD with same link or refund?

Hi @themarkymark, @buildawhale team, can I get my refund too as you have done for others recently?

Sent 1 SBD back, please use 2 SBD+ for bidding.

Thank you, I will do, appreciate that.

Dear @buildawhale, will I get back the one SBD I transferred to you earlier today, not aware about the change? I have no problem with sending another SBD, but it would be outside of the same window! Is that OK? I don´t want to send a second one in vain.

Sent 1 SBD back, please use 2 SBD+ for bids.

I sent 1sbd, if you can not vote my post https://steemit.com/spanish/@emily61/proyecto-caribe-1er-concurso-fotografico, please return it to my account. Thank you

I sent 1sbd, if you can not vote my post https://steemit.com/spanish/@emily61/proyecto-caribe-1er-concurso-fotografico, please return it to my account. Thank you