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RE: I Was Wrong - (About HF 20)

in #busy7 years ago

Minnowbooster and Smartmarket already adjust their vote size for when it's given and they do fine. It may be that the cost of votes from the dumb-bid-bots goes down a bit, because they don't. But in general the market will just recenter itself from the expectation of getting an early vote to the expectation of getting a late one, the bots will get bigger curation rewards, and they'll steem on.

I will place a gentleman's bet with you that if this goes through, in a month you will see the minimums for the big bots at 0% and the maximum's be 25 or 30% or more... maybe even as high at 50%.

I'm not clear on what these percentages are. The profitability restrictions on SteemBotTracker? I suspect @bid.bot may have killed the negative profits already anyway by making auto-bidding available to the general public, but it's also bound to bring the the price gap way down.

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I'll be happy to have the negatives votes done with, there is far too much time wasted trying to make sure we don't get sucked into a bad vote... So if @bid.bot can do that, then I'm all for it! I also like they look at the post and make sure it is legit too... that is helpful as well!