How can bots benefit the long term interest of the steemit community when they are used to generate profits for the authors regardless of the quality of the content posted (i.e. reaping the reward pool)?
RE: Steem Bot Tracker - Send bids directly from the site!
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Steem Bot Tracker - Send bids directly from the site!
well, it depends on the perspective from which you see it. Many times i have had some quality posts that received no audience. I then took it personal and decided that upon publication, i will boost the post to enhance its visibility. I must say this, it worked. Not only did it attract more audience, but more rewards. Most of those boosted posts of mine got listed on many places based on amount of rewards in 24 hours. See its good idea.
I am also motivated to write more since there is a means of getting my publications out there.
Moreso, it is a paid service; if you can afford it, use it! I ain't gat nothing against it.
Well, opinion they say, is like the belly button, everyone is entitled to theirs. I rest my case.
Lets Steemit!
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Think about it this way :
-> As of today, bid bots are generating direct income to bot users because there are not enough authors and steemit users.
-> Second step is when steemit will go mainstream. Bot will be used as they should be : an advertising service. You won't have an ROI from the bot but you will generate income from curators or from the product you are selling and which needs exposure.
Steemit bots are one year ahead of their time.
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How would you differentiate between a curator and a bot, both having the same steem power, in order to generate income to the author from one but not from the other?
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This is a great question, and it's important everyone understands how post promotion services - like the voting bots - can be a great thing for the platform overall. You can read my thoughts about it here:
https://steemit.com/bots/@yabapmatt/why-voting-bots-are-great-for-steem
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is great i like to bit .............
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I agree with bots being used as a promotion mechanism for which authors had to pay.
However, the author also makes a revenue as a result of the upvote received from the bot, many times higher than the payout made to the bot, therefore generating a ROI for the author. This results into steem inflation for content which might be just garbage.
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This is not true in most cases anymore. The vote buying market is getting more and more efficient which is driving the direct returns down. Many bid windows are slightly on the negative ROI side which is about where I think they should be.
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Indeed, ROI should be negative for the author when using bots. The other thing which drives ROI on the positive side is the market value of SBD, which is internally considered as $1 while on the free market it is much higher.
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