This post has received gratitude of 7.65 % from @appreciator thanks to: @ghasemkiani.
RE: ENGLISH IDIOMS: in over one’s head
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ENGLISH IDIOMS: in over one’s head
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@ghasemkiani you do realize that your large last minute vote lost you money after you taking into account curation. The rewards get proportionally smaller the larger the value of voting that happens. If you would have just voted 1 or 2SBD we all would have made money.
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Thank you for your suggestion. That could be said for any other bidder of course. If they had not put their bid, the others would have had a higher profit!
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I know if everyone had more of a group mentality and just put in low bids everyone would get more then enough return on their biding. (200% easily) It is mainly the bot owner that benefits from those larger one off voting. Yes 30% profit on a 9SBD is likely more for you then a 300% profit on a 1SBD vote but with the lower voting strategy the STEEM gets spread more evenly through the community and the bot owners are not concentrating the wealth as much. The difference is are you only looking out for yourself or are you wanting the community to grow as a whole.
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OK, ... I bought my steem power with $45,000 out of my pocket. I think it may have had an effect on the growth of the community. What do you think?
Of course, your content is also valuable and I enjoyed your latest post on attributed risk. I am sure I will be a reader of your blog.
With the recent increase in the value of steem dollars, I may revise my current strategy. My bids were not considered high before. Now you may have a point.
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https://steemit.com/@rkkk
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