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RE: Why A Broken Steem Dollar Peg Likely Occurred
Im not sure what the context of this is about. If we are talking about delegating sp to a bid bot, then the delegator is paid out in terms of the bids submitted by those requesting upvoting service and therefore has nothing to do with how the vote affects a post. That said, the bidder maximizes his value in hoping the bid pool does not exceed the value of the vote (if it does, results in negative roi for bidders and even greater gains for delegators)
If the bid pool is getting bigger than the vote value, the bidders are just losing out collectively since the vote value is determined by the amount of delegated steem power to the bid bot. The bid pool is just how much bidders are willing to pay for that vote.... it has nothing to do with what the upvote's value will be. This is why the delegators to the bidbot prosper even more when there is negative ROI to the bidders.
Got a new follower🏃🏃