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RE: To Bid or Not to Bid. That is the question.
Thank you for this helpful post. A lot of history I didn't know about!! I appreciate and have used @buildawhale. I'm a fan, y'all! Just one thing that I didn't quite understand. At the very end you said, "If you want to help steem grow, use @ipromote on good content. Not your own but others." I didn't quite catch the difference between @buildawhale and @ipromote other than the price.
I say use ipromote b/c it's minimum bid is .5 where as buildawhale is 3 SBD. Most people arent willing to use 3 SBD to promote another persons post. But .5 is more reasonable. Ipromote still qualifies for possible curation.
Ok, so you're saying @ipromote is a tool if you want to "bless" a friend and help them promote their account? I have a few friends I could imagine doing this with, but I know when I first joined Steemit, a friend of mine transferred $5 steem to my account so I can start promoting my posts. And when a friend of mine joined I did the same thing to bless them and get them going. Is there a reason why using the @ipromote tool would be better than doing what I mentioned? Just trying to learn here. Appreciate what you guys are doing.
That's exactly what I am saying. I actually use it more on people I do not know then friends. I think it can be used as an extension of your upvote to value good content.
Ahhh! I see. Nice.
By the way, on another topic, is there more information about how this "pre-votes" work for @buildawhale? Just wondering cause I promoted a post this morning, but I didn't seem to get any prevotes like it's done in the past, so just curious. Here's the post: https://steemit.com/travel/@leaderinsights/84hnhztb
It isn't always guaranteed
Gotcha. Ok, gentlemen. Have a blessed day and thanks for the context on the previous questions.
@ipromote can be used for others or yourself, the difference between @buildawhale is it is a smaller bot and does not require 3 SBD minimum bid (only 0.500 SBD+). Both will give you a chance to be featured in our daily Curation Digest.
Gotcha. Appreciate those explanations. Tell you what, Steemit really is a fascinating place. I've only really started taking it seriously in the last 3-4 weeks, actually. There's quite an ecosystem happening under the hood. I'm committing to this place, though. I want to see it flourish and grow as well and to become a place, in my humble opinion, like Medium, where quality content is all over the place. Right now, yeah, not quite like that. I read a post earlier today from @wadepaterson where he talked about his sense that @steemit has a little of an identity problem; as if it's not quite sure what it wants to be when it grows up. I tent to concur with that. Anyhoo, just thought I'd share my perspective. No need to respond to all that ;)
@ipromote is smaller as not everyone can afford to send 3 SBD to promote their posts, but @buildawhale has 2 million steem power and due to rounding errors with Steem we had to raise the bid to 3 SBD to prevent issues. So @ipromote is a smaller bot that can handle users who can't spend 3 SBD on their posts.
Gotcha. So @ipromote is an easier way for most people to get their foot in the door for promoting their own posts, due to the cheaper price basically, right? I assume there are limitations concerning max bid on @ipromote since it's a new tool?
@buildawhale has a max bid of 50 SBD, @ipromote does not but it isn't as big so maximum bid hasn't been an issue.