RE: A Day In The Life: a short animation
Ah well, it is a veritable rabbit hole. The top six or seven I think it is bid bots rent out their delegations from pretty much one whale and that whale was one of the original steem pre-miners therefore didnt buy a bean.
It's not about getting a reasonable ROI for most it's about getting money which I dont have a problem with. ITs steemit that is why most are here. But I do hate the narrative that is painted to justify it when it isnt actually true.
The people using the bidbots to get exposure are actually facilitating the very system that denies them views and votes for free.
I am sure it will all change though. That is why we have the beta tag.
Also dont you hate the fact that most if not all bid bots actually offer a negative ROI? How cheeky is that, lol!
Yeah, it's all about profit. I tried different ones and got a reasonable profit because I bought at the right time (Together with some small boost to reputation). But that works only for people who understand where the market is about to go.
The fact that most of them give less than you pay is a super scam! And still, people buy - that I don't understand. They don't get anything in return (Only reputation).
Probably there will be some super changes in the future.
Fingers crossed!
Well done if you managed to make a profit! I thought it was near impossible these days. Then again, maybe less are using them with the lower price etc?