Insider Trading and Front Running - The Latest Takemyvotes eventsteemCreated with Sketch.

in #takemyvotes7 years ago (edited)

It's called insider trading

When someone knows a stock will skyrocket at 11:00 am tomorrow. The insiders buy as much stock as they can, wait till the peak of the buying spree at 3:00 pm or so and sell for a killing. This, unfortunately is illegal for some of us. It is also highly unlikely any of us would get that kind of info with that much notice.

Stay with me, I am am developing an idea here... You are Still gonna #takemyvotes

What if the insider info were published on CNN about an hour before the stock went up?

I think, the stock would shoot up as soon as in info were published.

They above is the example ^^ - Next comes the idea.

It's called front running

and it happens here on Steemit. I do it. bots do it, any voter can.

Somebody (me) knows when my post will be hit by a massive vote, because I am paying for it!

You can vote on my post and get higher rewards later because whales will be here to vote soon.

There are also bots watching for posts like this one, they vote after you do and add to your rewards!

The last thing to happen is a huge vote coming from @booster.

Part two...

Tomorrow, I will find the best comment on this post based on number of votes.

Votes

Then I will pay @booster to come back and vote on that comment for a huge comment reward.

This is front running because we know that @booster will come (with some delay).

In this case, I am CNN and I am telling people that I have programmed @booster to vote here.

We can all win knowing what is going to happen before it happens.

incerase

I won't know the exact time he will vote but it will be worth between $20 and 35

but totals can reach $150 or more

As everyone knows, the first people who vote on this post before booster comes are all winners.

We are doing that on purpose. Fun and everyone wins.

Older contests I ran.

I used to delegate large whale votes to winners but now, I have moved my SP to an exchange where it's not so public.

For a look back at the contest see...

March 20, The Announcement.
March 21, The first run.
The March 26, The second run.
June 6, The third run.
June 8, The fourth run.
June 10, #takemyvotes FAQ post.
June 11, The fifth run.
June 14, The sixth run.
June 18, The seventh run.
June 21, The eighth run.
June 26, The ninth run.

The above were vote delegations
(I have lower SP to make direct votes currently, but I can pull in paid whales like @booster)

I have given away thousands in free whale votes in the last 200 days ! And I don't mind more giveaways of other kinds.


Part 2 comes when we choose a top comment and give that lucky winner a @booster vote.

Wham & Double Whammy

#Join now - just upvote and comment.



Edit: Notified whales and frontrunners. 1:00 pm Eastern

Edit : Booster is on the way now 2:20 Eastern

I sent a payment to @booster (Total was $34.00)

  • others saw that payment and wanted to vote before @booster did (called front running) Total was $64.00
    • @booster voted as expected and the vote total for this post went up to $79.00

Every big increase on the post total also increases curation rewards for the early voters.

let's wait and see how you did next week when the payments come in for you all.

Sort:  

I miss your beautiful voice on @steemspeak, come back soon :)

I liked this cool article, I noticed it on the @booster wallet. You are right, frontrunning is something everyone can do, specially with the public knowledge in full transparency when someone pay to @booster then vote on it and make more money in curation-rewards by voting before @booster does.

Over at @frontrunner we have perfected the art of frontrunning @booster, almost 500 members makes it profitable to even front run the frontrunners. To join deploy accurate information on http://frontrunner.steemspeak.com on a good SP account that is only for business & making more money on your money.

Great work @htooms, let's talk soon :)

Sounds good. I will go there.

Nice

@btu hey sir kindly view my stuff if u have spare time .and dont mind please

wow ,, this is so cool.
you do not make any posts,
but you have become a great person and have a high reputation.
This is very cool .

@btu

Thanks for stopping in! I had been sick for a while, now I have family visiting from the USSA. I have popped on Steemspeak a couple times, then I changed to a newer computer. I need to install discord. I have it on my phone but it's not the same. I hope all is well where you are and that the flooding is no longer an issue.

Woo-hoo! #takemyvotes is back...I asked you about this on your last post and here you are!!!
If I win this one, all will be used to support my steemit iron chef contest which i am running for more than a month now.
@htooms rocks!

Good morning! Yes, I am back.

One way or another everyone who is voting and commenting will get double their money vote back! Get your friends here !

First prize comes within the next two hours/ Second prize is for highest voted comment (awarded probably tomorrow - or when the comments slow down a bit)

This comment has received a 9.40 % upvote from @booster thanks to: @htooms.

Thank you for posting @htooms.

This is the @htooms....Steemians know and look forward to hearing from....bringing an energy to Steemit for e'spirit de corp.

Wishing you all the best....do hope you are on the mend. Cheers.

NB Apologies for missing the 30 minute mark. ^_^

Well Said !!

giphy.gif
Steemians would indeed have much to benefit from this.
Weldone @htooms

This comment has received a 9.40 % upvote from @booster thanks to: @htooms.

First prize: Everyone who voted on this post is a winner. There will be some whales stopping by to place their tons of SP here on this post.

Second prize will be a pack of whales assaulting the most popular comment with very weighty votes.

This comment has received a 9.40 % upvote from @booster thanks to: @htooms.

This post has received a 15.58 % upvote from @booster thanks to: @htooms.

Second prize comes...

Tomorrow - October 6 (approx 1:00 pm Eastern) Booster will be voting on the most popular comment.

Nice to see you back around @htooms!

It looks like Steemit was under attack last night and the site was down.

See this blog

As far as the contest goes, we have part two coming. The most votes on a comment here on this post. It looks like a tie, but steemit is down. Not sure if what I am seeing is correct. As soon as Steemit is up and I "Steemd.com" is working again I will award a prize (prizes?) for the contest.

Hopefully later today.

Missed the 25 - 30 minute mark.

Not too familiar with how this works. If we comment then there's a chance of winning? I do appreciate any upvotes given. :P

You are still in the running. First prize is for everyone coming in the form of whale votes in the next few hours. 2nd prize is for most votes on a comment here on this post. Keep them coming.

Yay would love whale votes

I missed the half hour mark but here's a joke...

A horse walks into a bar. The barman says

hey, why the long face?

You know, if I got a whale vote I think I would spread the love along all those I follow and all those who follow and comment on my posts. I would also sprinkle a dash on people who had less than 50 rep to let them know they were loved!

Good to see you @meesterboom.

Yes...Why the long face which @htooms is sure to erase.

Thinking of you and your family.....Cheers.

Good to see you too@bleujay!

Thinking of you and yours too this week and next :0)

Good one! This contest doesn't require voting within the first 25 to 30 minutes.... But, it you vote AT 30 minutes, you maximize every vote that comes in after yours (to your own benefit).

Get friends in here - get comment votes on your comment!

Lol. I would love to but have a terrible sense of fairness which is always my undoing. I shall be organic and let the votes fall where they may!!

:0)

This sounded like a good experiment. Too bad I missed it. Followed :)

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