What's up Steemians, did that title just get your attention 😅
Here is the deal, we all love to use "Vote Bots" on our Steemit posts to give it a lift up from time to time. Heck, I even use them at times.
Why haven't I used the "Voting Bots" recently? Because if you are using them, you are losing tons of money right now! 😳
You see, the last few days... one of the Asians exchanges picked up Steem and SBD and it's insane! Did you notice that each Steem buck dollar is worth over $10+ now on Bittrex?
Yesterday, I was able to transfer $59 SBD to Bittrex and sell it for $12.50 EACH making a total of $735! Where did I get my SBD, it was from one of my posts that I did 7 days ago. 🤑
In other words, my post that I did 7 days ago was actually worth $800+ and that is just plain nuts. 🥜
We are not sure how long this will last, so in the mean time... STOP spending money on Upvote Bots right now, you are losing tons of money. EACH $1 SBD is worth $10+ ... you can start using them again when SBD drops back down!! 😳
Just keeping my STACKERS updated on what currently is going on. I want my peeps to start making way more money! 💰
Hope this helps and be sure to have an awesome Friday! 💞
P.S. For those who are interested in following my "Daily Activities" that I do in very "short form". Follow me here: @charles-fuchs.
Hey @stackin - I completely agree that it makes no sense to spend SBD on a vote bot right now! Some vote bots accept STEEM though which actually makes them a REALLY good value because you get 50% SBD as your post reward.
So it's a way for you to sort of trade STEEM for SBD at a really good rate. The two bots I know of that accept STEEM right now are @postpromoter (which is my bot) and @booster
You can check the site I created http://www.steembottracker.com to get all of the info you need about the bots including which accept STEEM bids.
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.. and smartsteem - but yabapmatt's site shows that too. Amazing site you've build!
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Good tip;) it may also be a good time to buy steem and power up -SMTs are coming :)
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The future looks bright for all crypto :)
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Well, the price increase is too rapid if you ask me.
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Indeed it does :) Let´s see where the rocket will take us :)
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You da man @stackin! Enjoy! And thanks for the info :)
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well, they upvote you in $, and you send them steem eheh
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Most vote bots owners are not going to be very happy with you.
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It's just temporary haha
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(00.00SBD )on my account ;(
Your post came to late for me - unfortunately
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Never to late, its still $10 :)
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Well said!!
Resteemed for visibility
Keep on staking
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Thanks @stakin for looking out for us and giving us the good information!
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Thank you. My husband and I both boosted our accounts nicely this morning. You are the first person I have seen who offered any explanation for what is going on, that is VERY exciting!
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learning and growing, my crypto wallet that is.
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I try haha .... maybe lots of people are trying to keep it quite and take advantage of high SBD's for themselves haha
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You are absolutely right,using vote bots even no so long ago wasn’t really a good choice in my opinion, and now with SBD being able to be exchanged for 12$ is even more important to treasure every steem dollar you earn here!
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Not sure how long we have at these prices. If you have 30 SBD, you can sell it for $400+ now lol
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Thanks for the info. I wasn't aware of this, so you've saved me a lot of money. Tnx 4 that
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Check now, SBD is $14 lol
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Thumbs up for the update. I never liked using bots anyway
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Not a problem, helping my fellow friends on Steemit! haha
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thanx for this information..many of us dont know about SBD price and still sending 1 sbd for upvote bots...
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I got to tell my fellow STACKERS! haha
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Thats a whole lot of value, did you say $12 for 1 sbd? Really the rate here never exceeded $8 at all.
However good for you. You got quite well.
However you are right i have stopped using bot
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It's on Bittrex, past 24 hours... $11-$13 :)
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Yeah the current price of SBD is just insanely high. I´m really curious how long it´ll stay that way but agree that it´s definitely better to sell them right now rather than to use vote bots.
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The vote bots are making huge bank right now lol
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Oh yeah I wish I´d own one myself :D
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its like giving 10 x the money away hahah
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you.
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Thanks for the update!
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I got you :)
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thanks for sharing your information. it a huge jump the rate of SBD.
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Insanity :)
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Good advice SBD price is going crazy! Payouts are still paying 1 SBD as $1 with no adjustment for the price surge.
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Getting nuts lol
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Thank you....as always, great advice from you!
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Helping the community :)
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Thank you for the advice @stackin, it is really a helpful advice.
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No problem bossman :)
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Looks like it is 8 dollars right now, but the idea if im long on steem would be to sell to sbd to btc, then convert to steem and power up my account by a 10x my sbd value? Could actually be a good way to finally get above 1000 power for me once my current payouts come in.
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I compare what you say with the var in the soccer hehehe i share your idea we have to read and see the post to upvote no just use a bot. Regards
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This is a fair advice and we all should understand this.
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absolutely right
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exactly charles that is true, dont use SBD to bots for uppvote. your guidance is much helpful through your article. Thanks for updating.
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If everyone quits using big bots though you could miss out on spending 1SBD on a bid bot for 125$ upvote. I think use bid bots with more caution is better advice.
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thank's for sharing
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Thanks for the tip
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@stackin , i am not understanding one thing my post are getting 0.01-0.03 upvotes but when 7 days are completed the post says "payout *time ago" and i receive nothing please .help me what should i do 😭
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yeah but you get 50% of your rewards in sbd, and upvote bots can bring along more votes and rewards with them...
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does anyone understand WHY this is happening??
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They know. It's a good time to adjust their values and algorithms to reflect the markets and community demands. That's just how business goes.
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I am still buying votes and seems to working great for me.
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My mistake guys, it's $14+ NOW!!!
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Wow! So normally I use SBD to buy Steem and then immediately power up. Is that still a good strategy now?
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So, Is it time to buy STEEM using SBD and power up or buy more SP Delegation from @blocktrades etc or Cash out ?
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Awesome tips
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That was my thoughts on vote bots too. It is not a winning idea for anyone to use vote bots right now.
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That is indeed a smart move and doing that but in the inner market of Steemit .
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THANK YOU SO MUCH!! this was great information that I have already used to convert $6 into $60 -how awesome is that?? I was so excited that I wrote an article about it and mentioned your name and linked your article! I Just Turned $6 of SBD into $63 of Bitcoin Instantly!! - thanks again
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If I only knew this would happen. Then I wouldn't had changed my sbd into seem a while ago. :) Good writing. :)
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It was $14 when I reported on it yesterday. You can dump them for Litecoins. Litecoins are going up.
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I agree, because of the sudden growth of sbd value it is not that profitable to use upvote votes for now.
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steem on steem
thank's for your news..
@RESTEEM
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This is a very good heads-up.. Thanks much
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Well I just got here and am learning already! :) I have no clue what a vote bot is but do understand the exchange rate...wow! Great advice, Thanks
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I will stop using Vote bots now. Thanks, but the only two vote bots I use (originalworks and steem-untalented) don't seem to be working right now. Glad you shared this though...
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Could someone be manipulating SBD prices to starve the bots? That'd be freakin' hysterical ☺
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Yup! - I checked and sure enough - SBD is selling fro just over $10 on bittrex - I created an account previously but it wouldn't let me transfer anything until I verify my account with bittrex ( that I've never used) - thanks for the advice!
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We are looking for Bot Builders
http://shaivitetemple.org/Forum/topic/blockchain-bots-that-benefit-people/
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Good tip;) it may also be a good time to buy steem and power up -SMTs are coming :)
Thumbs up for the update. I never liked using bots anyway
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