[Warning] Are you Buying Upvotes?

in upvotebot •  7 years ago 

There are many upvote bots on Steemit that will upvote your post at a price. The higher price you pay the higher the upvote. Some are instant upvotes and other are every 2.4 hours.

Some of the bots are so popular they have difficulty with scaling and need to change the rules every week or so.

It is great to get a $7.50 upvote from paying only $5. That is a 150% return on investment. But are you really getting $7.50 on pay day?

At the end of 7 days it is pay day for your post, but you don’t get paid $7.50. Why not? There are 2 reasons. You are sharing 25% rewards with curators and your post loses value over time because of the Steemit ecosystem. This is difficult to calculate because the more time it takes to pay out the more the value falls over time. That is why I try to buy on day 6, but 12 hours before day 7.

To calculate your real return, you need to subtract the $1.875 curation reward that goes to members from your $7.50 pay out. That leaves you with $5.625 author reward pay out. That gives me a return of 12.5% ($0.625/$5.00*100) and not 50% as you might expect to receive.

12.5% in 1 to 7 days is a great return, but that is on $5 dollars. What if I want to scale it? You can't, because the bot cannot scale. :(

Are you using a upvote bot? What is your return form your upvote bot after curation rewards?

Thank you for your comments. I upvote all comments.

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour in the near future.

Thank you. :)

PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2, when buying upvotes, do it on day 6, but 12 hours before 7 days run out.
PPS. Hot Tip 3, I upvote all comments below.

Thank you for your support.

Regards

Colin Brazendale

Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/

More information about me:

I am a successful bitcoin cloud miner and affiliate of Genesis Mining. I have been mining for the last 14 months. I am in profit and doubled my bitcoin in this time. So I highly recommend Genesis Mining to earn bitcoin and make money online.

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Nice post, personally, I don't buy votes, I believe one should earn the votes.

Thank you @rynow. Very true and well said. But buying upvotes helps us Minnows a lot up the Steemit ladder in the beginning. I can understand why you don't see money Whales buying upvotes. :)

LOL

I like it because... Honestly I dont have the skill to create good content I am trying atleast but it doesnt always pan out, but if I invest a little by buying upvotes I can grow my steempower giving more away and then getting more in return.

Its a win win situation even if its just for making a few dollarinos on the side.

Send me your blog before you post, I'll try and give you tips I'm a language person LOL.

Well it works xD

Thank you for information and tips, makes sense.

I agree !

Thanks for this, upvoted and resteemed! I think minnowupvote is a good one now because looks like lots of people are getting involved. These bots seem to have a lifecycle to them. I guess mine is 19 percent because I'm using minnowupvote so 44 minus 25. 😀 😃 😄

Looks like minnowupvote is not that profitable as I thought. Just remember to calculate the or subtract the 25% curation reward.

Still fun to get upvotes...

The idea of buying upvote is so foreign to me. I am truly new, to investing some of my sbd for an upvotes. I, Myself not a good mathematician, thus I am truly skeptical with the return of investment and such. Anyhow, since you mentioned about genesis mining, I am going to pass on this article to someone I know ^^-

Cheers!

Hi @macchiata, I highly recommend yo look into it but remember to do the sum too. I have bought upvote that turns out a loss. In other words I pay for the upvote $1 but get less than $1 back after 7 days.

Also have a look at @minnowpowerup and @bellyrubbank. Am using both and have a positive return on investment so far.

There seems to be two main groups or types of people here on steemit. Those who are here seeking money and those who are here seeking community. Enough said.

True, I love the community, but money is very important to me and my family.

Interesting.

A couple of corrections though.

Firstly, voting for a post that is more than 7 days old is not 'quite' a wasted vote. It simply adds 1 to the vote tally - and has no effect upon voting power or rewards (I just confirmed this by up-voting one of your older posts).

Secondly - you make some good points but I also feel that you may be overlooking the element of herd voter psychology. People are, for better and worse, more inclined to vote on a post with a pay-bot's reward showing.

Its a small but sure impact - just as it is evident that self-upvoters are advantageously placed as compared to more prudent non-self-upvoters.

Does this quite tip things in the bots' favor? Maybe so or maybe not - it is difficult to quantify psychological factors - but it bears acknowledging.

Otherwise - quite well said @colinbrazendale and your words should also be kept in mind by those chosing to pay steem or SBD instantly to a bot so that they may use their voting power and SP stake upon the rewards pool to potentially reward them.

Very interesting, I did not think about that. The voter psychology plays a big role.

Good point.

'Your post loses value over time' I think this is negligible, no? The currency fluctuations are probably more important over 7 days.

The value of Steem does play a roll, but the real reason the post loses value is because we only have x Steem available to share each day in the Steemit system. So steem is ''moved'' around Steemit as people vote and comment after your post.

Just pay 1SBD per post then you do that on 5 posts a day... it equals around 15 dollar upvotes on the post combined... because it give you roughly 3 dollars per post, then when it pays out you should get 2steempower or 1steempower and 1sbd. Depending on your payout.

So that means its roughly around 5 dollars a day profit...

Yes, just keep in mind that 25% of the value of the post goes to the curators on day 7. To prevent dilution of your upvote, do it on day 6 and 12 hours before day 7 ends.

Yeah I saw that stuff happening, im going to do it aswell on the 6th day

I just bought an upvote from @minnowbooster for $5 and got a $8.22 upvote. In 22 hours it is payday. I should get about $8.22 * 0.75 = $6.165 after curation rewards. That is $1.165 profit. But you can only do this 3 times a week or once every 2.33 days. :(

@minnowbooster is the only upvote bot that will give you positive ROI after curation rewards. That I know of.

You have collected your daily Power Up! This post received an upvote worth of 1.66$.
Learn how to Power Up Smart here!

Thank you Minnowpowerup

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

Good job, thank you

@colinbrazendale got you a $8.22 @minnowbooster upgoat, nice!
@colinbrazendale got you a $8.22 @minnowbooster upgoat, nice! (Image: pixabay.com)


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