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RE: An Objective Look at Vote Buying Bots and Some Other Steemit Stuff

in #steemit7 years ago

I don't use the bots myself, but it's just my understanding that the financial returns aren't really there, so I'm not sure if they are a valid reason to use them, really.

So, I'm just assuming that it's the advertising aspect of it all.

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Well pretty much all the posts I've read have said the maths not longer works out, i.e. you don't make a profit. But, it can easily look like you do.

I used a simple bot for a couple of weeks that paid me 3 times what I paid it so I thought I was making loads. Then a friend of mine showed me the maths and I was actually losing money every time so I stopped and haven't bothered again.

It can look very attractive financially but it doesn't seem to work out well for most people.

Once that was known there seemed to be a shift to the marketing argument for using them and, as I say, I'm not convinced that works either. 😁

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