NettyBot is now NettyVoter (UPDATED TERMS)
(NettyVoter is a modified version of DrOtto originally created by @inertia186)
Terms
- Minimum Bid: 0.1 SBD
- Vote Weight: 50%
- Vote Period: 1.2 hours
Current Bot Stats
- Total SP: 12,236
- Vote Reward: ~$1.00
How to Use
- Copy/paste a SteemIt link to a post or comment you wish to have @nettybot vote on
- Send a transfer of 0.1 SBD or more to @nettybot with the link in the memo field
- If anything goes wrong, your transfer will bounce back into your account
Questions/Comments/Issue
If you have any of the above you can find @netuoso on https://steemit.chat and send him a direct message. Be sure to include a screenshot of your issue if you can.
Notes
- This is a public bid bot that accepts all bids for 1.2 hours and pays out each bidder at each time period end.
- If Alice bids 0.200 SBD and Bob bids 0.100 SBD, Alice will get a 33.33% upvote and Bob will get a 16.66% upvote for a total of 50% vote power of the bot.
- All users that bid will receive some % of the vote.
- The more users that bid, the less the % of vote for each user will be.
Vote for @netuoso as Witness
- Go to the witness voting page on SteemIt.com
- Scroll to the bottom of the page.
- Click the up-arrow next to @netuoso to vote.
- Give yourself a high-five for making such an awesome decision
I think its a great idea, works just like @buildteam buildteampot, this stuff is so cool to see!
Hello nettybot. Let's try you
A 100% upvote is currently $1.63 worth. Right now two people have bid $1 and $0.5. That makes it already not profitable anymore due to the curation reward. How is the potential profit of 700%-1000% calculated? If just one person bids 0.25?
So lets say the bot has 0 bids.
Alice bids 0.5 SBD.
Bob bids 0.25 SBD.
And lets say the bot vote is worth $2.
Alice will get a vote for 66% that is worth about $1.33.
Bob will get a vote for 33% that is worth about $0.67.
Alice profited 532%
Bob profited 268%.
at $1.63 value with one bidder at 0.250 SBD that returns 652%
at $2 value with one bidder at 0.250 SBD that returns 800%
So yes, you are absolutely right and wise to notice that the bidders that are placing $1+ bids with so many in the period are likely to not get a return.
It is like a casino/gamble but it is entirely transparent.
It votes at 100% power, so you can calculate when it will vote.
The bids are public.
The votes are public.
It can be used wisely ... or it can be used in a way that benefits the bot manager.
I wouldn't discourage you from writing a program to watch the bids to the bot and perform that calculations and bids automatically to optimize returns. That would be a lot of effort that deserves a reward
Thanks for the clarification. So it is basically a @booster or @bellyrub with less SP and 2 hours instead of ~2.4?
Sadly I am no programmer.
That is my bad!! I meant to put 2.4 and wrote 2 over and over. Fixing it now!
Another amazing tool for me to use thanks @nettybot
Join us in Discord.This post has been resteemed by @minnowsupport courtesy of @netuoso from the Minnow Support Project ( @minnowsupport ).
Upvoting this comment will help support @minnowsupport.
Do we really need more bots? The spam on steemit is bad enough as is.
This bot actually pays users. It isn't just some ridiculous, useless spam bot.
You could potentially send it 0.250SBD and a link and get a vote for $1.50 or more. All depends on how active the bids are.
The word "bot" shouldn't freak people out. They are not all bad, and this system relies on many of them.
I don't mind bots. Just voting bots. I use them for publicity sure. Just the fear of another bot to be abused. Making it as easy as just spending 0.25 to earn $1 leads to lower quality content. We should be trying to improve visibility for real accounts. Not letting them get lost in all the spam. I get this is a way for you to make $$ I just hope you don't let it be abused like others.
EDIT: Paying others is what creates spam btw
EDIT EDIT EDIT: lol I arrived here accidentally btw. Not my intention to slander you or anything close. I can see how the "EDIT EDIT" may appear as so. I just meant you cant go bringing up another bots problems and then release yours a week later. It would seem like you were doing it for slanderous reasons to promote your own. EDIT EDIT: Also kind of explains why you didn't care about the @promoted bot that's causing all the spam.
Well, no I dont have a problem with @promoted. I don't have a problem with people earning money on subpar content either. If the bot gets abused, it will be less of a benefit to everyone and I can tweak the settings if that happens.
Everyone is clearly on this platform with money in mind. Like you said, I can potentially make some money from running the bot, just like minnows can potentially make money from sending it a bid. They provide me with SBD and liquid STEEM so I can support my development for the network.
You will never be able to agree with someone 100% on all of their actions, but I am very open and transparent about mine.
Bots run this world. You are essentially complaining about automation.
When I go to Amazon and add an item to my cart and I get a notification that it's price decreased by $0.10, that is a bot that did that for me. Not a human. Bots improve systems in ways humans cannot.
When they get abused, they need to learn how to now get abused. Programming and hacking are very cat and mouse. When a flaw is discovered, it gets fixed. It is absolutely and utterly impossible to seal every single point of attack from every single attacker in the world.
People like me putting things out there that we can learn from help us build better systems. Btw, not sure if you were aware, but I wrote a bot controller platform that controls many accounts for minnow support. It helps their entire team use accounts in ways that benefit SOOOOO many more people than with just one person.
I think bots are what will make STEEM succeed. They just need to be good bots.
Which reminds me, I was going to make a platform where users could see how a bot operates, VOTE on the bot as being good or bad, and when the bot gets enough good results, it will get extra votes to support its growth.
If it gets too many bad votes it will start receiving automatic flags.
I don't have an issue with bots. Only an issue with the bots that create spam. Don't need to reiterate that. You know what my exact issue is. I pointed out a flaw with a simple fix and you choose to just ignore it. It continued and took another Steemian with foresight to start flagging. Wasting his SP that could go elsewhere because people are too greedy to let the platform thrive.
Yes most people are here to make money and bots like @promoted which encourage spam should be destroyed or fixed. NOT IGNORED
We are not talking hypothetical's here. All those posts that make authors with actual content disappear into the background is not good for Steemit. That is a fact.
I brought this issue to you because like you said. You know bots.
I don't know why you think "I ignored it".
I actually just started posting a new series today about people spamming in memos. Perhaps you should check out the effort I put into automating that before thinking that I am just ignoring the problem.
The ENTIRE reason the blockchain works is due to its decentralized and censorship proof nature. You seem to think that it is my duty to supply flags to abusive users.
I would go to https://steemit.chat #steemitabuse #steemcleaners-linkdrop or some other dedicated channel for exactly that for the best results.
I have $45k in my wallet. I am not prepared to start a drama filled flagging war. If you want to convince a whale with $500k+ to help with that, I think you should.
I know bots because I am a programmer and I know how to code. I don't handle every little issue like this one you are bringing up. I take notes and when things get horrible I take action. I am just one person @gnimeets..
I know you are just one person. What you can do is limited. You could of easily done more than you did though. Just choose not too. I consider you ignoring it because you read the post and decided it was no big deal. I explained to you why it was a big deal and you never replied. You are part of the Dev community so you would of been able to understand the problem and understand what it takes to fix it. You want to be a witness and promote Steemit. Then don't ignore issues and wait for them to become bad. You could easily prevent it.
EDIT: I never asked you to flag anyone. I recommended the other steemian not waste his SP. I asked you to help fix the problem
The voting bots are great. It doesnt lower the quality, quite the opposite. If a bad blogger writes trash content and promotes it, it's still trash content. Sure he will make a little bit more money. But for those who write good content it's a great tool to get more traction and a lot more votes.
But it doe's lower the quality. It is not a trash blogger that is my concern. It is people who abuse those bots and it does happen. I have clearly pointed out how to you.(In the past)
EDIT: whoops just presumed it was netuso I was replying too.
check this out : https://steemit.com/steemit/@gnimeets/am-i-the-only-one-who-is-bothered-by-all-the-spam-on-steemit-no-one-cares-i-found-a-clear-spam-exploit-whats-up-with-that
And what about those with great content who use bots to reach more people? Is that wrong too, according to you? It doesnt really matter if someone with crap content uses bots to earn more. He won't get any more engagement because..well, his content still suck.
My issue was with spam. Please actually read the link I provided.
Figured I'd test it out. Sent 0.50 SBD to nettybot as seen below. No vote yet.
It is a bid bot that bids in batches of 2 hours with 100% votes. It doesn't vote on every transfer.
Hope that makes sense.
It's vote is worth around $1.50-$2 right now. So minimum bid of 0.250SBD to get a chance to get that vote. If a ton of people bid, the bid might get too high to profit a lot, but the top bid would have to be a good bit.
Also, someone might bid 0.501SBD and beat yours. It's a public auction with set time endings.
Good luck!
Interesting. I clearly did not digest the whole post. Then again its like 3am I should be sleeping lol
I'm curious about "potential profit" which is vague. There are no details about what that means, which could be that the vote is divided between all contributors during the 2 hour period. That could also lead to a "potential loss". Complete details please with all caveats.
Please check the post now for more details. All users will receive some % of the payout.
How much depends on the activity during the bidding period. It is possible, but a bit unlikely, that a user would lose money bidding around 0.250SBD. If a user comes in and bids $10 he would take the majority of the vote from everyone else, but he would be losing money himself.
I urge everyone to do their own math for the period the bot is in. I am going to make a very simple website that shows when the bot is going to vote next so users can use that and the transfers sent to the bot to determine if it is wise to bid during that period.
The website would be helpful if it shows what the competition is for the 2 hr. period and the strength of the vote that is current. I have only tried using @treeplanter a few times because I like their project but their vote comes in quite weaker at times than what they promote. I think I may have lost a bit with them because some votes didn't come through. Have read complaints of a couple other services too.
This post has been ranked within the top 80 most undervalued posts in the first half of Aug 09. We estimate that this post is undervalued by $13.48 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 09 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
This post has been upvoted and resteemed in the name of free speech. I may not agree with what you say, but I agree with your right to say it.
Your post was mentioned in the hit parade in the following category:Congratulations @nettybot!
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