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RE: Make Your Own Bad Luck Ned Scott

in #funny6 years ago

I couldn't help myself. I just had to evaluate the profitability of this post. Referring to @transparencybot statistics:

For a total calculated bidbot upvote value of $405 STU, $852 USD before curation, with approx. $101 USD curation being earned by the bidbots.

Currently, this post is earning $364.91 STU, If we minus 25% curation, the author is left with $273.68 STU. This equates to a loss of $131.32 STU (-32%). There is a downvote from @beanz whose vote is worth $11.67. There could be other downvotes too but it is not obvious.

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Yup, vote buying has been at a loss with the downtrend in price. It can swing the other way in an uptrend. This post was suppressed for a few days as well then had that downvote removed. So it did lose exposure and a chance at more organic upvotes.

As a money making venture the post was a flop, in the hopes that a meme would catch on it was also a flop. I still had some fun though so I regret nothing!!

Ok. that explains it. As long as you have fun - that's all that matters.

Often the author does take a loss, but what also has to be taken into account is the change in SBD/Steem price after @transparencybot creates the comment. In this case, the price has dropped somewhat, so this has skewed the figures you are using somewhat.

Also, you would need to determine the cost of the votes (author's wallet), to determine ROI.

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