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RE: Why A Broken Steem Dollar Peg Likely Occurred

in #steemit7 years ago (edited)

If the bid pool is getting bigger than the vote value, the bidders are just losing out collectively since the vote value is determined by the amount of delegated steem power to the bid bot. The bid pool is just how much bidders are willing to pay for that vote.... it has nothing to do with what the upvote's value will be. This is why the delegators to the bidbot prosper even more when there is negative ROI to the bidders.

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  • thanks yo I get it. So the power is all in which you hold in your wallet. Not the amount of bidders.

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