To Bid or Not to Bid. That is the question.
Bid bots and spam are big topics on the steem platform right now. While spam isn't a new subject, bid bots are still finding their place. So here I want to break down what the current atmosphere is at this time and how to use bid bots properly and with less risk. Everything here is my own opinion and is not of @buildawhale or any other bot or service's opinion.
History of bid and upvote promotional tools.
Prior to HF19 everyone had a total of 40 upvotes a day, instead of 10. Each 100% upvote at that time took only .5% of your Voting Power (VP). After the hard fork a full 100% upvote became 4x stronger but took 4x more VP. This and the change to linear rewards changes a whole lot. I personally think this really hurt steem greatly.
This is why. When the votes became stronger two things happened: 1. It was more enticing to upvote ones self for a larger payout and 2. they could use up more of their VP on their selves without having to post 40 times a day.
This brings up a memory of a good indicator that this was going to be bad. I remember this very well because I wrote a lot about my feelings on the upcoming fork. This indicator was a video by the beloved, hehe, Craig Grant. He talked about the fork and what it was going to do and what his plans were for it. I remember having to correct his data a few times at this point. Remember at this time he was a Steem saint. He grew from a few thousand total investments to hundreds of thousands in a matter of months. This was from both steemit and from bitconnect. OK OK back to the video....
So in this video he explained what he thought this fork would be like. He explained the change to amount of votes accurately and actually predicted how all whales would vote from then on. So what he said was that instead of using 2 or so upvotes of 40 a day on him self at 100% and a few on his wife and friends and the rest on the public, he was going to start using 6 100% upvotes (at 4x the power) on him self, 2 or so on his wife and break up the last 2 in very small increments to upvote his followers comments. At this point in my steem life I was one of his 14 or so that he followed. I had been receiving upvotes from him and others.
So what happened after the fork?
Just as Craig predicted and planned on doing him self, whales stopped curating the minnows and dolphins of steem. They started upvoting them selves for a lot larger percent of their VP and good steem users suffered because of it. Now let me make this clear, there are a lot of Whales and Dolphins out there that do not even upvote them selves at all. But in general this just changed the whole atmosphere.
How does this relate to the bots?
So back to how I see the bots coming into play. After this fork, a lot of things happened. People needed a new way to be promoted and get their posts upvoted. Not only that but the change in amount of a single upvote allowed voting bots and bid bots to become a thing. I believe there were some less successful attempts, but the big one was @randowhale. This was not a bid bot but a random upvote between one a certain percent and other for a set rate. This changed multiple times in the first days and day even so it is hard to be too specific. After that a couple bid type bots came around and eventually @buildawhale.
While this is far from a comprehensive history, it is just how things happened as I remember them.
Spam
So what is steem spam and why is it so important when it comes to bid bots? Even though steem is amazingly fast, thanks Dan and graphene, it can still be slowed down with crap. Have you seen those "Your post is great, followed" and "follow for follow?" Even the notorious @sneak is trying to create a movement to downvote all small (under 15 byte) comments. But the problem gets real bad when people are creating alt accounts left and right and spamming the network and using the bots to upvote them. Trying to define spam is hard. We all have a different definition. This is something @themarkymark and I have been debating for a while now. Not only us but he has been debating this with a lot of the bot owners. One big issue with this is that these users or sock puppet accounts are taking away from the limited amount of supply for rewards ona daily basis. So you might say then we should get rid of bid bots right?
One of the most difficult things about this subject is the difficulty of keeping up with the creation of these spam accounts. @patrice has discussed one such case where one or a few people have up to 20,000 alt spam accounts in their control. Read more about this here. The idea that a small group of people can take advantage of the delegation used to fund new accounts is ridiculus. That is why there is account verifcation first, isnt it?
Supply and Demand:
This wont happen with the current fork of steem. Bid bots arent going anywhere because there is a large demand. But one thing that can be done is help make the bots more of a promotional tool and less of a cash machine (as themarkymark calls it).
Blacklist Movement
The bot owners and others that are influential members of the steem community have been working on changing how they work and effect the steem platform. @themarkymark in particular has been working on a global blacklist project, among other things to improve the atmosphere we strive for. The idea is that people taking advantage of these promotional tools should be banned imediatly and thus wouldn't be unable to take advatage of any of them again. If the junk (spam and worse) is blocked early by the people running these projects it will do two things. First it allows good content to be promoted and seen without having to compete with the junk and second this will give less incentive to post this crap spam and effortless junk.
Themarkymark has worked very hard finding these extremely low effort posts and has been drastically increasing the blacklist for @buildawhale and @ipromote. Other projects are following in his footsteps including @upme, @appreciator and @postpromoter as well. Hopefully many more will follow suite. The blacklist is roughly 250 or so accounts and growing fast.
Curation
If you do not know me then let me explain my part in this. I am the Curator in Chief for the Curation Digest for @buildawhale. One of the biggest struggles as a curator is trying to find good content from the users of these promotional tools within the spam. We can get 1000+ bids a day which is 1000+ posts to check out. Now this isnt possible. It's worse than looking through the trending page for good content 😜. I have been working on my own curation blacklist as well as coordinating my list and the worst offenders with the actual blacklist. My list is around 400 or so accounts. This list removes them from even being viewed for possible curation by the @buildawhale team...AND MY LIST IS ALSO GROWING FAST. While this is strictly for curation, it is doing wonders for for good content and curation.
Check out what we are doing.If you love curating content and are interested in helping out, let me know on discord(nic).
What I want
My goal is for Steem to be long term. To be successful. To be the best crypto blogging/ social media site for many years to come. I believe that by this happening I will be successful in turn so I that is my first priority. I will fight daily to help accomplish this. I do not have much power but I have changed how I do things. I have personally seen the effects of the HF and of the bot abuse. I have seen how my posts used to be $100 + and then after the HF couldn't get $2 naturally. The first step was starting my blacklist then working with @themarkymark on improving his list. I have also stopped self voting completely as I feel that my votes are better used for good content by other users. If we do not vote for others, what is steem good for?
The History of Buildawhale
Buildawhale wasnt the first tool accepting bids for upvotes but it was the first to do a few things. It was the first to give back way more than just an upvote to good content. It was the first to really give a shit about the platform and people surrounding it. It was the first to curate its users work.
Curation became something very important and amazing about this service. It is unlike anything else on the platform. We are a group of people who really care and our intentions are to give back and appreciate good content. This is why @themarkymark has given so much back to the community. From meeting up with other influential people and working to make big changes to donating steem/sbd to steemcleaners and the like.
This promotional tool, @buildawhale, requires users to send in a bid of 3 SBD or more to get an upvote from the account of almost 2 million steem power. Each bid value is computed every 2 hours and 40 minutes (window) and one 100% upvote is distributed based on all bids for that window. By using buildawhale one not only gets a great promotional upvote, but they also have a chance to appear in one of the Curation Digests written by our team.
Who should be using these tools and why
So this is what I think this type of promotional tool (@buildawhale, @ipromote, @upmyvote Etc etc) are for and how they should be used sucessfully for our selves and for the sucess of steem in whole. They are a tool primarily. A tool to promote your posts, to get them viewed by more users and to push them to the top of the Hot list or Trending pages. I think good content creators should be rewarded for using them and effortless posters should be punished (banned) and not rewarded. At buildawhale, ipromote and upmyvote we aim to bring this to fruitition. We want steem to be full of good content and not junk. We want the platform to grow and not fail. We want people to want to come and read the blogs of steem and not shy away because all they see is crap.
Thank you for reading this. If you want to help steem grow, use @ipromote on good content. Not your own but others. I do this often. If my upvote cannot satisfy what I feel a post deserves I will use one of these tools on it. Ipromote's minimum bid is only .5 SBD. Consider this next time you fall in love with a post or author on steemit.
Latest news fighting spam, plagiarism and junk by @buildawhale, @ipromote and @upmyvote:
@buildawhale blacklist update
Uncovering and blacklisting a massive spammer with over 50 accounts
@buildawhale will not accept bids from posts flagged by SteemCleaners
Report Abuse
Know of any users or accounts abusing these steem promotional tools (bid bots)? Report them on the Buildawhale Discord Click #abuse
IMHO, your blacklist has been one of the most productive things I have witnessed so far on this platform. In addition to Bernie and others regulating what they can. More users should be giving kudos to the buildawhale blacklist efforts. If you haven't done this already or if I missed it, it may be helpful to let ppl know where they can submit potential blacklist candidates to. Thanks again.
Good idea on the link for abuse. I was thinking of adding this a few minutes ago but you verified the need. The only problem is that the only thing these blacklists do is stop the abuse of promotional tools. But i think this actually has a HUGE effect. I agree that what @themarkymark is doing is amazing for our community. Adding a link to the buildawhale discord below. There is a Abuse channel there.
Buildawhale Discord Click #abuse
Thanks for noticing.
Thank you for this helpful post. A lot of history I didn't know about!! I appreciate and have used @buildawhale. I'm a fan, y'all! Just one thing that I didn't quite understand. At the very end you said, "If you want to help steem grow, use @ipromote on good content. Not your own but others." I didn't quite catch the difference between @buildawhale and @ipromote other than the price.
I say use ipromote b/c it's minimum bid is .5 where as buildawhale is 3 SBD. Most people arent willing to use 3 SBD to promote another persons post. But .5 is more reasonable. Ipromote still qualifies for possible curation.
Ok, so you're saying @ipromote is a tool if you want to "bless" a friend and help them promote their account? I have a few friends I could imagine doing this with, but I know when I first joined Steemit, a friend of mine transferred $5 steem to my account so I can start promoting my posts. And when a friend of mine joined I did the same thing to bless them and get them going. Is there a reason why using the @ipromote tool would be better than doing what I mentioned? Just trying to learn here. Appreciate what you guys are doing.
That's exactly what I am saying. I actually use it more on people I do not know then friends. I think it can be used as an extension of your upvote to value good content.
Ahhh! I see. Nice.
By the way, on another topic, is there more information about how this "pre-votes" work for @buildawhale? Just wondering cause I promoted a post this morning, but I didn't seem to get any prevotes like it's done in the past, so just curious. Here's the post: https://steemit.com/travel/@leaderinsights/84hnhztb
It isn't always guaranteed
Gotcha. Ok, gentlemen. Have a blessed day and thanks for the context on the previous questions.
@ipromote can be used for others or yourself, the difference between @buildawhale is it is a smaller bot and does not require 3 SBD minimum bid (only 0.500 SBD+). Both will give you a chance to be featured in our daily Curation Digest.
Gotcha. Appreciate those explanations. Tell you what, Steemit really is a fascinating place. I've only really started taking it seriously in the last 3-4 weeks, actually. There's quite an ecosystem happening under the hood. I'm committing to this place, though. I want to see it flourish and grow as well and to become a place, in my humble opinion, like Medium, where quality content is all over the place. Right now, yeah, not quite like that. I read a post earlier today from @wadepaterson where he talked about his sense that @steemit has a little of an identity problem; as if it's not quite sure what it wants to be when it grows up. I tent to concur with that. Anyhoo, just thought I'd share my perspective. No need to respond to all that ;)
@ipromote is smaller as not everyone can afford to send 3 SBD to promote their posts, but @buildawhale has 2 million steem power and due to rounding errors with Steem we had to raise the bid to 3 SBD to prevent issues. So @ipromote is a smaller bot that can handle users who can't spend 3 SBD on their posts.
Gotcha. So @ipromote is an easier way for most people to get their foot in the door for promoting their own posts, due to the cheaper price basically, right? I assume there are limitations concerning max bid on @ipromote since it's a new tool?
@buildawhale has a max bid of 50 SBD, @ipromote does not but it isn't as big so maximum bid hasn't been an issue.
Very true, we should work on steemit, for long term. Steemit is more than just about money, it is a community, and it should be treated as one instead of just a money making factory! people using fake accounts should most definitely be banned!
Agreed!
So many people seem to see this place as an ATM that shoots money at you. It's a shame because there is a potential here to build real community and reward creativity.
Hopefully through the community standing up to the thin content, low effort, spammy, leeches there will be a future for Steemit.
If we do nothing then the platform will surely wither and die.
Have you had any experience with super fast upvoting of your posts as soon as you post them?
I have made a few posts that upvoted within a second from and commented some nonsense comment and I'm wondering if this is a bot after curation rewards. Anyway great post! resteemed
They are probably bots and spam. They are irritating and just spam the network. Upvoting that early wont reward them with curation rewards though.
Ya I didn't think so which is why I wasn't sure what the point was other than just being annoying. Well I hope the blacklist movement succeeds anyway, the spam and bots are getting brutal
Blacklists are a good first step but i think it's going to make the spammers create even more spam accounts so that they can spread out their bids and keep each to a minimum.
As soon as an account gets blacklisted, they'll activate another one. The only way to beat them is to make spam economically unviable and that would need someone like steamcleaners to come in for a 1-2 combo.
I disagree. I believe that a blacklist can make it difficult enough to stop a lot of the abuse. Though some would continue to make more sock-puppet accounts, this is happening already anyways at an extreme level. Some of the HF19 changes need to be reverted as well. If stinc would work on this aspect more and less on SMT's then we would be in good shape.
Yeah it'll probably stop the small time spammers.
Nice one
It is really a great concept.....i mean this much had happened in the past....it is really great hearing what happened...some misconceptions cleared....thanks...i believe post's header shud have been history hove steemit evolved itself....
Great info here ....resteemed....nice keep bringing stuff like this appriciated......
I used bots, I haven't any succes with them. Sure, I need to write enough quality at my posts. Have a nice day, so!
I warn you that I have naughty pictures and I'm real. Damiana is the QUEEN.
Do you guys (the bot running group) have a circle-of-trust shared blacklist?
While i believe that a wiki style would grow quicker, the potential for abuse by scammers and those with hate boners is far too great. However, if you and a select few that trust each other's judgement made a collective blacklist and allowed any new botters to incorperate it, that could be quite a boon to the community.