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RE: Case Study on Bid Botting - A Steemit Bootcamp follow-up module, a cheatsheet and why I probably won't use it
We see eye to eye. paid bidbots for the purpose of ROI are not something I am fond of. It makes things "unfair" for people that relies on their on quality content to gain rewards and becomes a "money need to make money" scheme where things quickly become competitive and weird.
Now there is a bot tracker, soon some entrepreneurial spirited programmer will definitely come up with a bot that helps choose the highest ROI votes as a service. "Dont trouble yourself with constantly being up to date!!" they'll say.
I rather keep it old-school. even if at my expense.
Totally agree. It's somewhat gambling already. Plus it also makes us feel like a fake sometime.
I mostly use it to get my post to trend more, but that too, I realize need a lot of amount to be successful. After a while, will just give up. :)
One will never know how much has one accomplished by constantly relying on the bots to upvote them and push them to trending. People may think so and so author is doing great for a post but only the author (and the knowledgeable Steemians) know that 80% "rewards" of the post have been paid upfront.
I think for them, their thinking is like, as long as I'm making money, who cares? Hopefully their ROI is met lar. Usually for a bigger amount, the risk of having negative ROI is higher.
The "scarcity mindset", that is true. And yes they will need to bear the risk negative ROI as well as the free matket's reaction to a subpar post having high payouts.