Does anyone have any data on how much of the reward pool is currently controlled by bid bot use?

in #steemit6 years ago

I'd also like to know conclusively how much SP delegated to bid bot use is controlling the daily reward pool.

I think bid bots are an interesting phenomena on our blockchain, but they are also detrimental in some ways.

Anyway, keeping aside personal opinions on the subject, it would be great if someone could point me to some conclusive data on the subject matter.

I'm sure the results will lead to some interesting debate on the subject on Steemit.

Thanks


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Hey @firepower,

I just found this related article: https://steemit.com/utopian-io/@firedream/24-hrs-analysis-of-bid-bot-usage-in-steemit

Bidbots use approximately %23 of the daily produced steem that goes into the reward pool. Even if all upvoted posts are spam bidbots are responsible of only %23 of spam in Steemit.
-- @firedream

Cheers

I'd appreciate if you checkout my project. :)

!up 30

It wouldn't surprise me if that is accurate. So much for good content being selected by the community. I appreciate some vote sellers distribute what they make, but some must be getting rich. I'm not buying votes and I don't look at trending

@steevc, the post is like one month old, so right now it's maybe a little bit less because of the steem value drop. So people right now don't see that much benefit in getting like 10% benefit.

I'm using it from time to time sadly, but it's not easy to get started and I want to promote my project which will help minnows. :) (*Advertisement) :D

But I totally agree with the statement that I don't spend time on the trending category at all.

!up 20

Thank you. I'll take a look at it now.

That's great @firepower,

let me hear what you think about it. I've also written you on discord. :)

Cheers

Only an eighth? Sounds low to me (and is far below anybody's guesses).

friend First of all you have to explain what is bid bots ???
then only i can help you... Hahaha

Bid bots are promo services where you can purchase upvotes on your posts/comments. People delegate their SP or sell votes in order to profit from their use. This has greatly reduced manual curation which is hugely detrimental to the growth and sustainability of this platform. You can use the search function and learn more about it if you'd like. All trending posts these days are upvoted by bid bots by purchasing votes. :)

Thanks brother...

100% corrects almost all posts are in trending with bid upvotes... and content quality doesn't matter now..

Thanks @firepower for the clarification to me a new person!

ha ha ha ha ha

One more question i want to know how to Rank up our profile.
because its sticky on 26... and i don't know what to do....

post good content regularly, get upvoted, dont spam, dont fight, dont beg for votes, rank up :)

@prakashghai Excellent point!

Thank you :)

Thanks for valuable advice. i will take care this things..

@tuassar11 there you go, ranked up a bit fairly quickly. :)

now its 33 brother... how this happens?
Great and thanks again..

you got an @firepower vote, the more votes the higher your reputation goes, downvotes make it go down.

yes brother i get it. and keep in mind. thanks...

looks like you are at 33

Before half hour it was 26 and now it is 33. so its miracle..

yup, at the beginning it goes fast but reputation is non linier, as it gets higher it takes more and more upvotes to move the number.

ok. slowly slowly i learn so many thinks.
Thank you friends.
one thing i want to know steem power is non refundable???.

Bid bots is so common nowadays and most of the trending articles were using bots.

.

Resteemed I would love to see your post on this.
FYI: Your future post on the data. Everyone has opinions it is the data that is nonpartisan.

I will probably post once i have the info I seek.

Excellent .. I have nothing against bots but something has to be done if the numbers show this. You are the first I have seen pursuing those numbers.
Since people are using it for trending it has gotten out of hand.

Funny the stats never occurred to me. In the end, the whales will decide if Steemit continues or not. Greed destroys, however with numbers no one will argue. Smart of you to do this.

No Bots = Better Rewards Distribution = Happy Steemians = Higher Steem Price = More Users Flocking in = Revolution

LOL, <sarcasm> yeah that worked well before bid bots. </sarcasm>

I have a list albeit a dated one I had compiled from SteemBotTracker for a previous project (calculating rep scores w/out bot votes) and I plan to get that rough figure. The last I heard it was somewhere around 30% of total voting power but that was a while ago.

I also agree that bid bots are detrimental to Steem in some ways with a few exceptions but I wouldn't put it so lightly personally. I tend to be against them for a number of reasons and think they are one of the biggest things that will hold Steem back personally.

I'll work on obtaining that figure and will let you know when I do. I may or may not opt to update my list but it was from a couple months ago so shouldn't have changed too much.

I think it great if m using bid bot but its against community guidelines?

No it's not against community guidelines.

There is no such guideline set by steemit. Yet, powerful people set their own rules. :)

Hey, I hope you don't mind me asking a (kinda) related question that you might know about bots? I thought I read somewhere that everyone who followers us was a "real" person but judging by my engagement on my posts, it seems like 80% of my followers must be bots!! Do you know if this it true and why bots follow us? Thanks for any help :)

its ok.... and thanks for reply...

Hey! A lot of the folllowers are unfortunately bots but also given the high attrition rate here, many stop using the platform intermittently so you may see a drop in your engagement. Engagement is at its highest when price is high, it drops with the price.

Engagement is also often higher if one is above the fold in a trending tag that's frequent by large number of users.

Bots might follow you for a number of reasons. It's hard to say why. Can be from voting early on your content expecting whales to vote you or to send you spam msgs for resteems, for follow for follow etc etc.

It's impossible currently to determine how many of our followers are bots or real accounts. However, the fact is that someone owns these bots and you cannot buy a follower base on Steemit at the moment unlike facebook, insta or twitter where you can manipulate your stats.

Interesting. Thanks for your insight. I guess I'll have to see what happens. In the meantime, I'm just keeping my head down, doing my best to create good content and engaging with my followers who take the time to comment and upvote! :)

ESta nueva modalida va a desmotivar a los escritores novatos lo cual en gran medida en el futuro podra minar la cantidad de usaurios.

Is it spanish?

I heard about it,but I have not tried to know all about it. Right now I am looking at the comments of your post to know it.

youu are wonderful thanks to your mind. help, we are all steemit users. thanks a lot please upvot me i long play stemeet but still beginner player :(

Bots are handling this pretty well, whether you like it or not you have to take their help :(

No you haven't. (I never did.)

You have made me proud by saying that we can survive without bots.

I'm not sure who it was, if it was @themarkymark or @buildawhale, or another witness, a few weeks ago, who posted something about Bit bot info and delegation and all that wonderful stuff, with graphs.

I don't use bots so I don't typically keep track of that info. If I see anything, I'll let you know.

The former posted the link himself, see the other comments. :)

Hehe nice. I'll check out his post then.

I have seen @reko post a graph of how much delegations there are total and another graphic that shows how much delegation the top recipients receive, not sure if there is a way to automatically separate bots from non bots or if you would have to go down the list but that might be a good place to start. I think we also need a way to see how many of the new users are actually new users and how many are just accounts that resteem posts and never post themselves.

I think I have seen a post on that topic one or two weeks ago, but I may be mistaken....

hay @firepower - there have been some links added already for posts I have done around bidbots. If you cant get the information you need from what is available let me know and I can run some specifics for you

To the question in your title, my Magic 8-Ball says:

Yes

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.