The list below represents the 50 largest net transfers to bid-bots for the promotion of articles posted on Steemit during the last calendar week (Sunday through Saturday).
Due to formatting restrictions, only a few columns can be displayed.
Note: Due to the complexity of certain promotional tools and their associated refunding mechanisms, some smaller refunds may be duplicated or missed.
What is this report?
Many authors choose to promote their posts via Bid-Bots. In return for direct payment, the bots will upvote your article. This service is fully "legal" on Steemit and used by minnows and whales alike.
There are many reasons why an author may want to purchase votes.
- Give the impression that the article is of substantial value and perhaps you should think so too.
- Cause the article to make it to the "Hot" or "Trending" category where it gets more exposure and more votes.
- Cause the payout to increase so that anyone that votes on the post will share in a higher curation pool.
- Attempt to make a direct profit on the vote by receiving a vote that nets more than the cost of the bid.
- Increase the authors reputation by receiving large SP votes. High SP votes move the reputation quickly.
- Support another author or entity indirectly through a Bid-bot.
The list is sorted with the highest NET amounts paid to the Bid-bots on top in descending order.
- From = The user who sent the payment to the bot.
- BID (SBD) = The total of all bids sent to the bots in SBD or Steem for this single post.
- NET (SBD) = The net total of all bids sent less refunds received back in SBD or Steem for this single post.
- Article Payout = The total STU (SBD/SP) payout value of for the entire article (not just from bots). This is the total paid to the author and curators. (This is the $ value which shows on the bottom of every post.)
- Link is the direct link to the article that has been promoted via the bid bot.
Largest Net Bids sent to Bidbots and and other post promoters
Sometimes great articles get to the top because they are great articles.
Sometimes other articles get to the top because there was sufficient money to pay for that placement. It is up to the community to judge if the rewards pool is being properly managed and distributed in a fair and honest manner.
The wonderful thing about Steemit and the Steem blockchain is everything is transparent
allowing you and all those who care about this platform to be educated on how to properly use the platform as well as how to protect it.
Please resteem this post if you think this information might be useful to the Steemit community.
@bycoleman
https://ColemanAir.us
Craig
Hello brother. Hope you are well by the grace or almighty. You know, a couple of days ago I used a bot. They showed that they are going to vote me about worth of $35. I was checking the real time on SteemBotTracker. When the time is passed they just vote me $8.88. They lied to me. I lost my 5 SBD. You know I already don't have much. It takes a lot of time to earn this amount. You upvote my comments and I just lost it. I never the bot again. Feeling fedup and divasted. Keep me on your prayer. I am trying hard to shine on Steemit.
Very sorry to hear of this.
The bots are not reliable and often result in losses.
For smaller bids, use minnowbooster or smartmarket
Anyways, you will receive your funds back in time as long as you create quality content.
Blessings!
Oh ho. I see some of my faves back on the list. Once a user always a user (?)
FUR'd.
Yea, it is pretty tempting indeed.
As SBD drops in price there is less incentive to trash the place.
Blessings!
. God help us on this platform, the bigger one get the best while the smaller ones pick the scrambles.
We will get the. Regulations on the use of bot is just the best
Bots are now the only way to get your article noticed.
It is a real shame.
I just sent 20 SBD to buildawhale. It is a viscous cycle.
I have a bot in the works that will address some of this abuse.
Blessings!
Bid-bots are helping steemians to promote posts.Really informative.
Let the drums roll....
I only go to the trending page less than 5 times since I join. I would stick to reading my follower or people that I followed posts than reading from here. Thanks for sharing @bycoleman
Thank you!
That makes a lot of sense, the trending page is really just heavily promoted posts of which is mostly trash.
Blessings
Bid-bots have become an essential part of steemit environment. Users use them to promote their post, to increase their reputation etc. However, I think only bid-bots cannot make a post profitable because lots of people are using them and the voting share is divided to such an extent that the received value of the bot's voting becomes a matter of loss. But, these top paid users are earning a lot by other users' herd mentality. When people see that some post is becoming popular, they also upvote that post, in a hope to get some curation reward. But they don't think that curation reward depends on the timing. The last voters do not get much.
If I am wrong, please correct me.
You're exactly right.
Yes, they have become essential, but should they be? How do they actually help the platform.
The herd mentality and curation effect is the primary reason bots are used and will continue to be used.
The greed is simply out of control.
Makes me feel a bit better knowing that I just need a bot to increase my upvotes, and it's not that my content is bad lmao.
Unfortunately you are correct. Good content often goes totally unnoticed.
Oh, this report is really shocking because the bidding amounts reflecting really huge and some are still facing the loss while payout. Thanks for sharing and wishing you an great day. Stay blessed. 🙂
Bid bots are often more profitable now due to the drop in price. Many do not have any spare SBD to throw at their trash posts.
True, but i never used the Bid Bots, what's your experience if you used it before?, can you share your opinions?
I sometimes use minnowbooster for my article that I feel has high quality content, as you mentioned, sometimes quality articles are unoticed, for those reasons I think bot is worth to use. However, I never used for my poor content articles. I think I would loose my morality boosting something that ain't benefit to the community. Ironically, many use bot only to make money without meaningful contribution on their writing.
Sure, posting quality articles is the key. Not sure why you have any "poor content articles" to begin with?
Using the bots for a small boost is one thing, sending 100's of SBD is pure abuse of the rewards pool.