RE: I Tested Steem Bid Bots For A Week - Here's What I Learned

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I Tested Steem Bid Bots For A Week - Here's What I Learned

in steemit •  6 years ago 

so this is ok with the makers of steemit? and is guaranteed ?

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so this is ok with the makers of steemit?

I don't know what you mean by that :)

and is guaranteed ?

nothing is guaranteed. Not only in Steemit, but in life, generally speaking.

and steemit is not steem and there is no one in charge of a blockchain, per se.

I still puzzle over how people get here and don't look into what they have signed up for. Like, money is involved. Do some research maybe about what you are getting involved in?

From what I read there is a crypto currency involved that is convertible to money? right or wrong? If you feel someone is wrong you can explain not just barrage them with insults because you are aware of something they are not.

I'm asking are the bots something that is ok to use for the average user not anything that is from a third party that might get a steemit account closed?
I know nothing is guaranteed but you pay a certain amount and your money gets used correctly is what I'm trying to say (they are going to generate attention or steem) prob I've misunderstood parts.

Steemit closing your account would be like Satoshi closing your Bitcoin wallet. It can't be done because steem is a decentralized blockchain and your account is a crypto wallet on that blockchain.

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ok thanks I'm still trying to get my head around the decentralised concept.

Well, kind of. If you opened your account through steemit, from what I understand,they can "recover" your private key. I am not totally sure, but I'm guessing this meansyou gave them authority to change your private key. So yes, they could close your account, if this is true... I Would appreciate some clarification, actually..