The Daily Bidbot Summary for Yesterday 4/25/18 - Who's paying the most for Bidbots?

in #steemit5 years ago

The list below represents the 25 largest net transfers to bid-bots for the promotion of articles posted on Steemit yesterday.

Due to formatting restrictions, only a few columns can be displayed.

Note: Due to the complexity of certain promotional tools and their associated refunding mechanisms, some smaller refunds may be duplicated or missed.

What is this report?

Many authors choose to promote their posts via Bid-Bots. In return for direct payment, the bots will upvote your article. This service is fully "legal" on Steemit and used by minnows and whales alike.

There are many reasons why an author may want to purchase votes.

  • Give the impression that the article is of substantial value and perhaps you should think so too.
  • Cause the article to make it to the "Hot" or "Trending" category where it gets more exposure and more votes.
  • Cause the payout to increase so that anyone that votes on the post will share in a higher curation pool.
  • Attempt to make a direct profit on the vote by receiving a vote that nets more than the cost of the bid.
  • Increase the authors reputation by receiving large SP votes. High SP votes move the reputation quickly.
  • Support another author or entity indirectly through a Bid-bot.

The list is sorted with the highest NET amounts paid to the Bid-bots on top in descending order.

  • From = The user who sent the payment to the bot.
  • Gross Bids (SBD) = The total of all bids sent to the bots in SBD or Steem for this single post.
  • After Refunds (SBD) = The net total of all bids sent less refunds received back in SBD or Steem for this single post.
  • Article Payout = The total STU (SBD/SP) payout value of for the entire article (not just from bots). This is the total paid to the author and curators. (This is the $ value which shows on the bottom of every post.)
  • Link is the direct link to the article that has been promoted via the bid bot.

Largest Net Bids sent to Bidbots and and other post promoters

DateFromGross BidsAfter RefundsArticle PayoutLink

Sometimes great articles get to the top because they are great articles.

Sometimes other articles get to the top because there was sufficient money to pay for that placement. It is up to the community to judge if the rewards pool is being properly managed and distributed in a fair and honest manner.

The wonderful thing about Steemit and the Steem blockchain is everything is transparent

allowing you and all those who care about this platform to be educated on how to properly use the platform as well as how to protect it.

As a result of digging even deeper on the longer term problems associated with bidbots, I have launched a new tool called @transparencybot, which seeks to bring more transparency and education on the use of bidbots to everyone.

You can read more about this mission here.

Please resteem this post if you think this information might be useful to the Steemit community.



Hi @botreporter - I'm loving your work. But I'd like to suggest some improvements - or maybe a weekly Bot Report.
Firstly, the Article Payout is not fixed until after 7 days, so why not report on the highest payments for bidbots after payout? Authors often pay for more bidbots several times during the 7 days after posting, so that would give a more accurate tally.
Secondly, I think it would give a more accurate picture if Article Payout value was given in SBD and SP instead of STU, as the STU value is constantly in flux due to changing market value of SBD and SP. For example, as I write, the Article Payout value for @happymoneyman is already less than the value listed in your post.
Finally, it would be great to see the After Curation values for these posts, as that would give a more exact picture of how profitable bidbot use is.
Anyway, thanks for providing an excellent service with this and Transparency Bot.

Thanks for the reply and great feedback.

I was doing a weekly bot report, but the problem is that people prefer to know about articles before the payout closes. They can vote on them (up or down) and make a difference.

This report does not show P/L just what was spent. The "Refund" amount is the total amount spent on the bots after all refunds back from the bot (bids that were not accepted.)

Your suggestion to change STU to SBD is useful, but I'm afraid I would really confuse people if they looked at the payout here and saw a wildly different on on the blog.

There is no perfect way to present this data, so I am always looking for ways to improve it. I may just leave out the bids column since it is confusing.

I also have a monthly summary coming as soon as I can get a bit of time to finish it.


Interesting informations. This I didn't know. Thank's for sharing.

You are very welcome.

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Hey, so I'm curious about what you're doing. I'm torn on the issue of bid bots. I see pros and cons. But someone just informed me that you are going around rewarding people for not using them by upvoting their content.

I think if we are to bring the platform back to a more organic and content-based reward system, then this would pretty much be the only way to go about it -- by incentivizing people to avoid bid bots.

However, you're too small to make even a dent. I get you're trying to grow, but do you have bigger plans? I'd be interested in hearing them. Come DM me on discord.

Also, here's my channel:

Maybe we could collab on something. I don't have a lot of SP or money, but I do have plans to grow. Maybe there is something we can brainstorm.

Yes, I am very small indeed. But the movement is not.
Check out @nobidbot and you'll see what is coming.

Sorry, I don't discord much, but am happy to discuss these issues and love feedback directly here on Steemit. I really love transparency.


Very nice.... Keep it up

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