You are viewing a single comment's thread from:

RE: Changes to our trail upvotes

in #steemit7 years ago (edited)

I wrote it because I thought you meant "average" when you wrote "average".
As it is, aggregate ROI decreased at least for the short term, but is not nearly as bad as what would have happened if you used the average like you wrote.

There is another thing that bothers me for a while:
steemcondenser.
It does not redeem its reward, which is usually 0, and rarely 0.001 Steem and never more and it votes at less than 100% out of already less than 100% of its already less than pathetic VP, and just spams the blockchain and increases the chance of preventing far more valuable frontrunners from occupying the first places in a vote and maximizing their curation rewards (expectancy).
And then, its reputation is negative, and it does not even increase the votee's reputation by the most minimal amount.
steemcondenser should be retired, its SP should be powered down to 0, and using a temporary delegation moved to another account, for the good of all.
When I see the first 5 votes done by accounts which will not make more than 0.001 in curation rewards, and probably 0, I struggle to find a reason to buy another vote which will come after you.

Another issue that is already solved in some bidbots, is equality between chronological order of bid and chronological order of vote.
Your bot has a tendency to favor last moment bidders, exactly opposed to how it should act.

Sort:  

I will look at steemcondenser and retire it if needed. I’m not sure what you mean by equality of the bid and vote? All bot votes go out within a couple minutes of each other, the sequence doesn’t matter. All Frontrunners votes go out in the order the bid comes in. The only caveat is that the bot will wait until the post is at least 17mins old to vote with Frontrunners as this maximizes their curation.

What I meant is that the chronological order of votes should be the chronological order of bids.

Since you mentioned maximizing their curation, think about what happens when a bidder places a bid immediately before the cycle closes (when your VP is at almost 100%), and then your supposedly randomized ordering favors the last moment bidder over an early bidder (this is the order of votes which I complained about, another complaint was about steemcondenser's participation) .
One of many problems with steemcondenser's participation which I already enumerated in my previous reply is the earlier a frontrunner votes the more it enjoys the later votes, and steemcondenser happens to occupy the first places too often, and yes I know it is random-like.
I also mentioned other problems caused by using it.

This comment has received a 90.91 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

Get Upvotes, Join Our Trail, or Delegate Some SP

You got a 100.00% upvote from @greengrowth thanks to @stimialiti! You too can use @GreenGrowth by sending your post URL in the memo field to the bot. Minimum bid is 0.01.

If you feel this post is spammy or not worthy of @Greengrowth you can contact a moderator in our Discord Channel https://discord.gg/6DhnVTQ.

This comment has received a 38.46 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

Get Upvotes, Join Our Trail, or Delegate Some SP

You got a 100.00% upvote from @greengrowth thanks to @stimialiti! You too can use @GreenGrowth by sending your post URL in the memo field to the bot. Minimum bid is 0.01.

If you feel this post is spammy or not worthy of @Greengrowth you can contact a moderator in our Discord Channel https://discord.gg/6DhnVTQ.

Coin Marketplace

STEEM 0.18
TRX 0.18
JST 0.032
BTC 87512.19
ETH 3031.52
USDT 1.00
SBD 2.72