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RE: Steem Experience Hangout: Let's Talk about Paid Voting Bots...

in #dsound7 years ago (edited)

While we are all here, and since I've seen at least one attempt at using bidbots as some sort of investment strategy today, there's another one I've been watching for a while that I'm wondering about:

  1. Set up an account and buy at least $20,000 worth of SP, as well as a good amount of SBD to spend on bots until the posts start paying out.
  2. Make some sort of self-indulgent shitpost.
  3. Upvote yourself.
  4. Have your friend upvote it some modest amount - say about $4.00.
  5. Leave enough time for some more observant punters to throw in a few votes.
  6. Pay for $90-$150 worth of upvotes from bidbots. (Making sure to never go so high that you get on the trending page).
  7. Receive delirious adulation from poor people who see the $120 payout figure and assume you are some sort of messiah.
  8. Repeat steps 2-6 at least once a day, every day.

Given the near-zero ROI on most bidbots most of the time, where's the profit here?