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RE: Bidbot ROIs - Steemit Business Intelligence

in #philippines7 years ago

Hello @vallesleoruther. Thank you for your feedback. Actually @minnowbooster is not categorized as a bidbot because once you send SBD to it to upvote your post, I believe you always get at least twice of what you sent.

Bidbots are different. It's where multiple people send different amounts to the bot and when the bot reaches 100% voting power, it distributes its votes to the senders proportionally. The immediate case that comes to mind where bidders lose is when the total amount sent to the bot is bigger than the bidbot's vote value.

In this case, it's only the bidbot that wins and most of the bidders lose.

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