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RE: Analysis of Steemit Bidbot Business - Steemit Business Intelligence

in #utopian-io6 years ago

That is some solid procedural analysis right there.

We ought to be able to use the same code to analyze historical data, as well. All of the queries involve time bounds, so nothing really keeps them from having the balance shifted by a week or longer, or even longer periods for aggregation. Which might be useful to see if there are trends already visible in the blockchain.

Certainly it would be premature to make any sort of assessment on anything less than the last historical three-month period. Given that would span quite a lot of the rapid descent of the steem evaluation, that would be amazing and possibly revelatory.

It's also hard to say whether this is a reasonable amount of valuation to be stuck in bid bots. Given that the mechanics of curation are so heavily geared to rewarding behavior which can only be executed by an automated system, I think we need to know more before we can make a judgment there, too. And I really want to be able to make a judgment about that.

Otherwise, well done.

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thank you @lextenebris - the bad news is that as I was testing the model I did look back at previous data and the use of these bots have been growing

That much we could assume, but by how much?

I may have to actually dig into the transfers between bots. That sounds – weird. And kind of interesting. I wonder if they have enough SP in motion between them to define their own ecology, separate from any manual activity occurring elsewhere on the blockchain.

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