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RE: Understanding “Moneyness” in options trading.
Hello, I have no problem with bidbots and promoting content.
This just seems a bit over-rewarded.
How are the votes purchased?
Let's start up the bidbots right, with some standards and allow people to both profit and promote excellent content! I would welcome them back if done well.
Hi,
I am using the Steem I bought to pay for the bidbots. I agree that it is a good way to promote my posts.
In terms of the rewards, as you are aware curation takes 50% of the rewards, and since the blockchain is very transparent, you may also know that an additional 1-4% of the reward is returned to the reward pool by early voters. I think, If you take into account these factors I am getting the cost of the votes back and sometimes a modest profit. The profit is proportional to the investment, but it’s not a guaranteed profit.