People love you, Brandon:) Great and informative post.
But would you really get more SP from botting versus just transferring it to steem and then powering up? I don't think so. It's a gamble isn't it. Am I missing something? I think advantages that comes from botting is a higher rep score ... which kind of takes the value out of rep scores and if you spend enough getting on the trending page. Investing in bid bots will of course bring you some value.
I would like to add a third camp to the bid-bot debate ... some are for it and some are against it and some of us just want to see a better balance struck with the influence that bid-bots have on the platform versus the power more 'organic' users have. Some of us just think the balance is off and a little more power needs to be given to the ground forces, so to speak. You do this with minnow fund, but I do think the changes need to be more systematic. We don't want to chase off big investors but we absolutely don't want to discourage everyday users. We want to keep eyes on the platform and grow the platform. Steemit is a great place but it can be even better:):):)
Wishing you a wonderful weekend.
Thanks @prydefoltz 😊
And you’re right. It really depends on what bot you’re using and the current bidding round. I now only use about 4 or 5 bots. One has so much SP that it’s almost always a positive ROI. So it just depends on which ones you use.
And to your other point, I believe what you’re referring to is just the way the platform is setup. It’s not really a bid bot issue. What I love about bid bots is that they’re a tool that anyone can utilize. Prior to bots you had to know a whale who was willing to sell their vote, build their trust, and pay them behind the scenes. Now it’s available to all and super transparent. Plus, some bit owners are using their earnings for initiatives like you mentioned.
But I’m with you when it comes to helping new users gain momentum faster. I believe @ned hinted to some ideas (and changes) that might be coming in the future on his last post. I’ll have to dig that up and look over it again.
Yeah ... I always figured that vote-buying would go on off-platform if not for bid-bots and so there is not point in banning them ... but another front and for future episode ideas ... do you know about click farms and how they have been linked to FB and post boosting and are you are aware of the burn off level for upvotes on steemit. A comment or post that earns below a certain payoff ... receives no payout. I think more people need to be made aware of that:)