There has been new improvements made in SteemBotTracker.com to help you better select your bid-based voting bots. If you are using voting bots you absolutely need to look at this website and compare the data you see at the time of your bid, so you can be as close as profitable as you can be.
You may be interested to read my three previous posts about bots: How I Use Voting Bots! & Is It Still Profitable to Bid for Steem Upvote Bots? & How to Select your Bid-Based Voting Bots!
New Improvements in Steem Bot Tracker!
SteemBotTracker.com is the website I am using to select my bid-based voting bots as many other Steemians, and I don't know how I would do without it! It was created by @yabapmatt.
Now, let's see the different additions that were recently made to the site.
The first thing is a STEEM & SBD ticker right at the top of the site that you always see when scrolling down the page, because it was previously very difficult to locate. We hope to see it in green really soon.
The second thing is that you can favorite the bots you use frequently like shown in the image above. There is a clear separation with the rest of the bots.
This is how you can favorite your favorite bots.
You can also choose to hide certain bots you don't want to use and it will show how many bots you have hidden at the bottom of the list.
You can unhide bots by clicking on the link "Unhide all bots."
When you want to filter bots as I explained in my last post about bots, it will only filter bots that are not in the favorite section.
The "Max Age" section was changed by a "Min / Max Age" section because bots can now set a minimum. For example, the first bot will upvote your post if it is more than 20 minutes old. As its next vote is in 21 minutes, if you just created the post, by the time the bot votes it will be more than 20 minutes.
If the post is younger than the 20 minutes, you will receive a memo saying that the vote is moved to the next round just like this one.
The next column is also very useful as bot owners can set a ROI limit in the settings of their bot, which then shows here.
It is more profitable for bot owners and investors delegating SP to bots when the ROI limit is set to "none" because people still continue to bid when it's already not profitable for them.
Bots that have set "-10%" or "-15%" ensure that if it's not profitable, the loss will be at this maximum. The bot will stop taking bids when this limit is reached, or move the bid to the other round, which I am not sure about.
This is what can happen when there is no ROI limit set to a bot.
As you can see this bot had a round going to -88.42% ROI!
The total vote value is $42.29, but people put bids on it up to $274.
What do you think happened?
This is my 1 SBD bid when the bot was still profitable in a middle of a round.
Then, someone put a bid of 114.66 SBD after that.
When I saw that the return on my bid was so small, I did some digging because this was the first time this had happened.
I went to the bot's profile and looked at the last post to see comments from other users.
This is what I saw.
This honest mistake, that anyone can make if not careful enough, cost everyone who participated in the round.
The bot owner made a partial refund to that person, but what about everyone else?
I did ask the question and got my 1 SBD back.
All the other users haven't had a refund I believe, they might have not noticed the issue anyway, and this is in fact not the fault of the bot operator, but one user.
This to say that if you do not want to risk a bid on the potential honest mistake of someone else, it's maybe better to use a bot that has a clear ROI limit and I think "-10" is perfectly reasonable.
I hope that in the future more bot owners will use this ROI limit because this is also for them a nightmare when this happens.
One last improvement that is not obvious on the site is the addition of a link to the "Terms of Service" for the bots that have them.
For @buildawhale the link leads to a post on Steemit: What is buildawhale and our Terms of Service
I hope this post is useful for you to better select the bots you want to use.
Would you upvote this post and follow me for more because this will encourage me to write more posts on Steem bots like this one?
Would you please help @jerrybanfield become a top 20 witness because you can help funding projects to build Steem as explained here? Vote for jerrybanfield as a witness or set jerrybanfield as a proxy to handle all witness votes at https://steemit.com/~witnesses. Read the 5 reasons why I'm voting for Jerry Banfield as a witness and how to vote in my post.
Michel Gerard
I wish all bots used the ROI limit.
It would make the bidding more safe but the bot owners are looking to make a profit so we can't expect them to do it
Wololo!
(RandoHealer has healed this post because you have been randomly selected from the whitelist. Lucky!)
Thank you.
Since some bots are using ROI limit and people prefer that limit.
Hope other bots will use ROI limit sooner or later.
I believe they will go for it. It's a new feature and it will take some time. Users should be also more responsible when bidding.
If it's implemented properly it will save a lot of money.
Wow ... Thanks for sharing....
My pleasure @syedihsanshah.
Thanks for sharing the post!
My pleasure @gomovies.
Thanks for the guide :) @tipu upvote this post with 0.04 sbd :)
Thank you very much.
Hi @gmichelbkk! You have received 0.04 SBD @tipU upvote
from @cardboard !
@tipU! upvotes with 220% profit and pays 100% profit + 50% curation rewards to investors :)
Lol, gifs are randomly picked :D
Additional options in steem bot tracker help to analyze more before making bid. You illustrated negative ROI issues in a fantastic way.
Thank you @gmichelbkk for your effort to make awesome post! :)
Thank you @rezoanulvibes. I am glad the post is useful for you.
Ultimately I think self upvoting is completely entrenched in the Steemit ecosystem at this point. I dont know the history of that development but I must say that I feel it completely harms the content as it makes money for people regardless of what they are posting. So Steemit becomes a giant "circle jerk" or even masturbatory self-upvoting machine, but actual content and dialogue and profiting from social interaction become secondary or are even made to be impossible by this bot model. What's your feeling about that?
I think that self-upvoting is good because if you don't think your post is worth your upvote who will. Now every system is abused so I believe self upvotes should be capped per day and per amount.
Upvoting bots are just a way for minnows to get more visibility for their posts as they don't have money to buy 100k SP and give themselves that exposure.
Thanks for the information @gmichelbkk. It was really helpful.
Please, I want to ask you when is the appropriate time to use "voting bots" at https://steembottracker.com/ for profit purpose.
There is never an appropriate time to use voting bots for profit because I believe they are designed for advertising your posts, not making a profit. I haven't made any return on my Facebook ads! That said, the goal is to minimize your loss and if you get a small profit then it's all good. Just monitor the number of bids during the day, and see when there are less people who bids. I found the morning is best for me in my time zone. Thank you for your comment and question @amanze-trillion.
Impossible
Everything is possible!
Thank you so much @gmichelbkk, i followed your previous posts on bot bidding, just last week i tried using 3 bots though at low rate.
But i don't still understand what this ROI means, please can you explain more on it?
ROI means Return On Investment.
Thank you for the comment and question @cherylsonty. ROI is Return On Investment. If the vote gives you more than what you paid, then your ROI is positive. If it gives you less, then it is negative. It is more often negative, but it has to be reasonable, the goal is to get exposure for the post, not a profit or a huge loss.
I understand better now, thank you very much for the clarification.
nice
Thank you.
I like the publication, I want to learn how to use this tool and be able to use the bots in a favorable way
Thank you @victor26, I'm glad my post is useful for you.
Thank you.Very nice and informative post for me.Being a newbie the term "ROI" WAS SO CONFUSING for me that i had asked many bloggers to ans this Q , some did not ans and others ans which i did not undstd.As a result i had developed my own theory of Roi which told me to never bid a bot which has ROI in negative....lolx...poor me and honestly i never did.
But now the scenario is opposite.
Thank you for your comment. I am glad my post is informative for you.
Really funny to read about the 114 SBD bid. I see quite often things like this happen. So I guess there are a lot of people that can't calculate got twee things supposed to work and make dumb mistakes.
Yes, these things do happen. We have to be so careful when sending a transfer not to click that small green link that populates the whole amount.
Btw, why are you advertising for Jerry as witness? I'm just a curious person that needs to learn a lot. And I thought he is popular enough from his own.
I am recommending Jerry as a witness because he is giving back to the community more than others. It is important that he becomes a top 20 witness so he can have a say in Steem's evolution and give back even more. You can read the article I linked that explained why I vote for him.
I have to admit Jerry is probably the best (let's say top10) to vote on for witness.
Personally I still hope Steemit will have a long term future. But the way some things are right now, I doubt it will exist in a few years.
One of the things I don't like Is the paid upvote bots. And Jerry is quite a fan of those.
Also I wonder if you can easily interact with him? Or that you need to pay for that somehow? For example buy a subscription at his website.
I don't see a reason why Steemit won't be there in a few years because there are so many transactions daily and so many apps created. Upvote bots are necessary for us little fish because we do not have the money to buy enough SP to upvote ourselves or exchange votes with other whales. I think that without using them for more exposure on my posts, I would certainly have given up producing these tutorials here.
Jerry can't keep up with all the comments he gets daily. You can interact with him in his free Discord channel and now he is doing a Question/Answer Live stream on DLive every Wednesday.
There are really many reasons why Steemit is not always working properly. Which in the end causes that no one will invest in the crypto currency. And I would say that could be the point where it will become useless.
On the other hand it could continue for years. But then there is always a chance there will be a better competitor in the market. Let's hope that will be the real Steemit version instead of this beta.
Nice work 👍, I'm the guy who opened an issue on github, then a few hours later you made the fix plus added this massive update.
haha, you must have been sitting on this update for a bit 🤔
Thank you for your comment @kirkins. I'm only a user who likes the website, not the creator.
great job sir,,,in steem bot
Thank you @rahmanmdriad.
you welcome sir
wow,,,thanks you sir for share
I am glad that you like it @mdriadrahman26.
What are your thoughts on @candyboy and @spydo?
I don't know @emdesan. Have you had any good experience using them?
thanks again for your superior tutorials. My daughter @littlescribe is now one of your followers and is going through your tutorials as I write! Blessings. Resteemed
Thank you very much @mistermercury for your kind comment and the resteem. I'm glad that your daughter also find my tutorials useful.
Thanks a lot @gmichelbkk, for valuable detail about upvotes from bid bots. this article is very helpful while using them. I appreciate your effort with fully support.
I am glad that you like the post, thank you @rabeel for commenting.
Great post, i enjoyed ..!!
do not forget check in the best post of @zia pase,, thank :) :)
Thank you.