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RE: Abuse or Misunderstanding ? How to avoid ?

in #myanmar7 years ago (edited)

Thank you for using @slimwhale! Firstly, I did not tell you anything, this is the first time I am speaking with you. I am @slimwhale 's owner. Here is some context on how bid bots work.

The vote value depends on the amount of steem power @slimwhale has and the current price of steem. The current vote value is $0.08 as you pointed out. You bid 0.02 and for an upvote here, which represented the 33% of the bid pool. Then you received an upvote worth 33% of 0.08, i.e. 0.026$. This is simple maths, what's so unfair about it?

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Hello @prometheus21 Many thanks for your prompt response. The thing I don't understand is that I had 100% upvote for the same bid previously. That is why I mean the upvote amounts are not stable. May I know how you decide to give with the different percentage. Really sorry if my questions make you any discomfort but I am also a new one in using bots.

I don't decide anything :) The whole process is automated. If user A bids 0.02 and you bid 0.02 you both receive 50%. If there are three bids, 0.02, 0.02, 0.02 each receives 33%. Does that make sense? Please do some research on how bid bots work. I never vote, the process is automated.

I totally understand now. Many thanks for your greatest explanation. This info will help me a lot.

You got a 25.00% upvote from @slimwhale courtesy of @sawlwin!

Did you know you can make a passive income by simply delegating steem power?
@slimwhale offers the best return on your investment, at 95% of the bidding pool, proportional to your investment, after each round.
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