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RE: Dear the greatest Bid-bot owner on Steemit...
The problem i view is the understanding from people that bid-bots are not there to give you a good return - that is purely what your content is for. In using a bot you should not expect to increase a return and in doing so is exactly whats causing the increase of abuse and spamming.
Using a bid bot in my eyes is merely a marketing tool, which in any other industry you would pay for. Its an opportunity to get your content noticed in trending sections. If i personally use one and manage to break even on my investment its a wonderful bonus.
If you look deeper into what @grumpycat is doing you may struggle to understand how someone can promote anti-abuse of a system, yet self upvote hundreds of dollars for 3 word comments.
If Ned can do it for 2.5k, then the cat can too. And sweetsssj is paying herself 30k a week via multiple accounts. You can choose to use your stake as you wish, even if it's not going to win any self sacrifice awards.
Agreed Bots are promotion tools, but over bidding the ROI reduces promotion....
I respect your opinion my bro, but with that ideology then anyone can rightly do anything simply because someone else is doing it.
What you're actually saying is anyone with enough power and money can do anything - which will only create a bigger gap of inequality, and destroy one of the many philosophies of steemit that makes its concept so beautiful. In reference to @ned, as CEO its a huge shame that someone with that much responsibility chose to abuse his power and engage in petty politics, and i think he has pissed off a lot of people (inc. larger stakeholders) with his actions.
From my perspective overbidding is a good thing. It will deter those who bid purely for profit as they wont be making any. Those that are willing to take a small hit to their promotional investments are backing their content and will ultimately create a larger following as their exposure increases along with their upvotes from genuine followers and similar authors. We shouldnt be looking to make money from bots, steemit is a community effort built on people's engagement.
I don't. I think embarassment is a pretty strange emotion. I don't really understand it.