I am starting to notice that buying votes either evens out or makes a person lose money. For example if a person uses SBD to purchase the vote, the value the person receives from the upvote is usually not equivalent to the amount of SBD spent for that vote. Is there really a way to profit from buying votes and if so how would a person do that?
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show me how you came to that conclusion.
I've just used upvoting bots for a little while now and don't see it making a big difference to my account. Not that I've been using a lot of SBD towards it, but I've been trying it and It seems like everything has just been stagnant.
I took a look at your wallet. It looks like everytime you sent $ to a bidbot, you got back twice the value. Can you confirm this?
You are right that it does seem like double when you initially look at it, but I think about it after payout. I'm not really sure if it is worth it... that is kind of why I commented. For instance one of my posts came to $0.60, but after 7 days, it cashed out at $0.25 SBD and 0.09 SP. I mean SBD and Steem are usually pretty close in value, so I look at that as $0.34... that ends up being less than what it said it would be cashed out at. So in my mind (and my thinking may be wrong), I look at it as when it cashes out, it may end up being around half of what it says it is worth... which takes me back down to about what I paid for an upvote anyways. Seems to break even to me. If I am wrong in my thinking, please enlighten me.