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RE: ❓ Answering Common Questions: An Easy to Use New User Resource Library ❗

in #steem-help7 years ago

For me it's pure visibility, getting this in front of people (in this case new users who tend to look at trending). Personally I'm ok just breaking even. Though I don't use them often.

I'm not really a fan of using them with ROI as the main motivator.

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Regardless of purpose, do you think that you'll be getting more than you invested at payout?

I think it's close to break even most of the time. If you want you can check it out quite easy most of the times someone uses the paid upvote bots.

How do you check it out? The curation rewards (the 30-minute rule, f example) and the different rewards (SBD; STEEM and VESTS [SP]) always confuse me when I'm calculating the ROI.

Via steem world.org you can check what amounts someone transferred to paid upvote bots. Or you can check his wallet, that provides of course the same info. And then you check his pending pay out.

Of you use steem world.org you can check power upvote the pending pay out value. That makes it a bit more easy to see if buying an upvote was profitable or not.

This time yes. I got a bit lucky with the 3.5 day average steem price going up after using the bots this time. However the last time I used them (Think this is my 3rd ever post I used the bots) I did loose some $ when the price went down.

And do you think it works? Does it attract new users?
In financial terms the new users won't really help you. As most of them only have very little SP. So I'm still not sure if I understand your purpose?

My purpose is to find someone to delegate me some SP. That enables me to see if I'm able to get the same high curation rewards as I do now.

And do you think it works? Does it attract new users?

To the site in general? It's possible when handed something like this versus just being told 'go read the faq' or the white paper or whatever. Does it attract me personally more followers...yes.

In financial terms the new users won't really help you. As most of them only have very little SP. So I'm still not sure if I understand your purpose?

My purpose is to help other users...new or not. For me using the bots isn't financial...they are solely a means to get the material into people's hands. I don't really care how much SP a person has. Whether or not using bots in general are financially beneficial...they can be. But there are multiple factors that prevent it from ever really being a 'sure thing.' (like steem price going down after paying for votes, getting flagged, etc).

My purpose is to find someone to delegate me some SP. That enables me to see if I'm able to get the same high curation rewards as I do now.

Unfortunately, I'm already at the max of what I'm personally wanting to delegate. Though getting more SP does help increase potential curation rewards...no doubt there.

Oh, interesting. I'll be trying to get more SP then, since I'm not getting curation rewards right now.

Oké now I fully understand your intentions and goals.

About my curation rewards I'm not sure if it's fully clear what I meant. At this moment I can earn 1% per week of my SP. So that's 0.150 SP in absolute terms. If I would have the same amount of SP as you my curation rewards could be close to 100 SP per week. While you now earn 0.5 SP.
So I basically want to test if this 1% remains steady or that it will be impacted by having a higher SP?

Ah...I would expect that you'd in general see that % go up at least somewhat.
My current curation rewards (shown on the rewards page) aren't really a good gauge right now since it's only giving 2 days of voting...I've had some Steemit breaks recently where I wasn't doing any voting.

Last I'd looked when putting out all my votes over the course of week was around 10-11 SP from curation rewards for me..just to give you some idea.

That sounds logical. As I found your current curation rewards very low.

If you go offline for some days you could use auto voting. Did you know that?

Yea...I've though about the auto voting. There are definitely some benefits, especially when I'm away and not voting for some days.

In the end though...I've preferred to stay manual up to this point, even if I do lose some potential earnings from it. (By no means telling others to do this...merely my own preference.) I get that extra 'joy' by clicking the button myself. :)