Bid bot reform request

I believe in the use of free markets to allow selling products of worth. On this platform an up-vote has value. I know many accounts are using bid bots to grow. I know this because I participate trying to do the same. It has got real easy and sort of fun to participate. The bid for up-vote bot is a great concept offering a fine service to help accounts improve that are willing to invest in a posts ability to earn.

Turns out many are willing, it has gotten really popular to use these services. Unfortunately these auctions don't really follow the old standard of auction. In a standard auction the value of the item purchased has a known fair value at the time of bid. Value of a bid bots up-vote changes as bids are submitted.

After the auction the value of what has been purchased is revealed. Ultimately the biding investor does not get the value of the bid offered at time of purchase. This is because bid bots take all bids offered reducing the value of their vote. Their vote is often worth less then what was paid. A negative return on investment (ROI) for the investor.

To fix this drawback please write into the programming of the code a cut off of accepting bids when the value reaches a predetermined announced stop. You offering the up-vote service decide what that amount that should be and announce it. I would suggest keep ROI value positive as the lowest standard.

You can argue that it is the responsibility of us investors trying to improve our accounts to be selective where we bid for up-vote. Its the chance we take using your services.

I would counter that the bid for up-vote bots can more easily correct this issue by not selling negative ROI up-votes. That making the change protects the accounts using the service. This change will really help the community get stronger and still be profitable for buyers and sellers.

I believe continued use of up-vote bid bots that limit bids taken to prevent negative ROI will promote platform growth. That seems like a win-win.

Discovered while searching past results for screen shots to go with this post that there were a few more that had positive ROI at the time of the search. Do wonder if some demand has decreased due to overwhelming amount of negative ROI. Buyers in free markets do have some ability to correct. In this case sellers can help by setting the lowest value to be sold.

This bid result was a loss for all participants.

This one benefited all participants.

This one was still selling when screen shot...ouch