Haha well I have been using it rather a lot. I watched the video you made about it. But I don't really understand how the competition part works. Either way, you don't have to teach me haha 😂It's okay if you win becuse it's working good anyways
It is not about winning when you use @bellyrub or @booster. When you bid $5 and I bid $10 and nobody else participates then you get 33% upvote and I get 66% upvote. That's it. If 100 people bid each $1 then each one gets 1% upvote - and loose tons of money because the overall upvote value is just ~$35. To get a clear calculation of profit you have to take your upvote and substract 25% for curation reward. So to make a profit with a $5 bid you'll need to get a $6.25 upvote or you lost a some of it. But like I said, it is more about promoting. Be very careful using these bots or you may regret it. Overall I am very pleased with them but because I am very carefull and double check always the other bids first.
I understand , well then I should start paying more attention to it for sure. Regarding the 25 percent curation award how does that work exactly if you dot mind me asking. ?
Good to see it is working for you. I have now seen I competed with you several times in the same round. :D
Haha well I have been using it rather a lot. I watched the video you made about it. But I don't really understand how the competition part works. Either way, you don't have to teach me haha 😂It's okay if you win becuse it's working good anyways
It is not about winning when you use @bellyrub or @booster. When you bid $5 and I bid $10 and nobody else participates then you get 33% upvote and I get 66% upvote. That's it. If 100 people bid each $1 then each one gets 1% upvote - and loose tons of money because the overall upvote value is just ~$35. To get a clear calculation of profit you have to take your upvote and substract 25% for curation reward. So to make a profit with a $5 bid you'll need to get a $6.25 upvote or you lost a some of it. But like I said, it is more about promoting. Be very careful using these bots or you may regret it. Overall I am very pleased with them but because I am very carefull and double check always the other bids first.
I understand , well then I should start paying more attention to it for sure. Regarding the 25 percent curation award how does that work exactly if you dot mind me asking. ?
If you bid $5 you want to get +25% upvote in order to make a profit so $6.25+.
I see thanks for the info :)