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RE: Game Theory #5 – Steemit Bots

in #steemit7 years ago

I think the reason behind the changing of the max age for posts for the bots to 3.5 days could be related to this account I have seen going around and downvoting posts that use bots with a max age of over 3.5. I guess the account was getting fed up with people waiting till day 6 to pay for upvotes and thus avoid any risk of the change in price of steem, this is just my guess though.

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That does not make much sense. ROI on bots is just as likely to be negative as positive, take a look at the numbers I pulled together in the table. Even if the numbers are positive, 50% goes back into Steem Power. Most people will have less liquid SBD after post payout than before bidding on a bot. Also, why 3.5 days? 2 days makes more sense, that is around the time posts start to drop off the trending lists.

thats a good question. Still i think the account name was grumpycat or something like that so you may want to be cautious of using bots without this age limit, just a heads up