Why I had to take help from bid-bots?

I joined Steem platform in March 2018 and so far I am satisfied with my journey. I have made 64 posts and more than 400 comments on other users’ posts and received about $25 equivalent SBD and SP as total reward amount so far.

I could earn this amount only after buying 75 Steem coins early this month. I converted some of those Steem coins into Steem power and SBD. I realized that without the help of bid-bots I cannot make my post popular or worth to pay attention because most of the time minnows and planktons are busy in up-voting some whales’ posts, or some trending post in a hope to earn some curation reward or to win whales’ attention. I saw many outstanding articles and excellent posts which should be popular but their total payout could not go beyond quarter or half of a USD. So, I decided to take the help of bid-bots. With my SBD and Steem, I bought up-votes from bid-bots. This really helped me. With this my posts could get some attention of fellow steemians.

Why planktons and minnows rush to up-vote whales’ and trending posts?

source

Planktons and minnows are mostly new users of Steemit. They wrongfully think that their every up-vote can earn them handsome curation reward. In fact they don’t know much about how curation rewards are distributed. They think that some post is becoming popular and lots of people are voting that post so they should also not let this chance to slip out of their hand. In fact they follow herd mentality. In a herd every member tries to follow the course which majority follows. They do not apply their mind and get nothing.

Do planktons and minnows really get handsome curation reward when they up-vote whales’ or trending posts?

First of all new users should understand how the system of curation reward works. An up-voter can get maximum 25% of potential payout as curation reward when he up-vote a post just after 30 minutes of posting time but this depends on sheer timings. If a user up-vote a post at zero minute of posting, he will get nothing as curation reward because this amount will be transferred to the author. If he up-vote a post just after 15 minutes, he would get the 50% of maximum curation reward i.e. 12.5% of total potential payout. Hence, the amount of curation reward increases linearly between zero minutes to 30 minutes from 0% to 100% after the posting time. That’s why minnows cannot get much amount as reward point if they up-vote a post just after posting. They will also get nothing if they up-vote when everyone has voted.

It should be also kept in mind that without having much SP, one cannot get much amount as curation reward. this can be seen in upcoming pictures.

Do big whales let others to share their potential payout?

Answer is simply no.
According to @themarkymark, (See) in big whales’ posts only 12 to 16 percent of potential payouts are distributed as curation reward while some minnow’s posts can pay much more as curation reward.
I experimented for two weeks and checked the facts mentioned by @themarkymark.
For this I, noted every up-vote of mine in an excel sheet and calculated the amount I received as curation reward. My experiment confirmed what he had stated. You can check this in following picture.
Curation reward.PNG

You can clearly see that the maximum amount which I could get was 0.012 SP, in spite of having 55 SP. So, you can easily imagine what may be the effect of someone’s up-vote if he has only 15 SP?

It is apparent that big whales mostly up-vote their own or some close one’s posts. Also they use bots which up-votes them much before anyone can up-vote them. So the minnow do not have greater chances to get handsome curation reward when they up-vote whales’ or trending posts.

Mostly big whales up-vote their own posts and comments?

It is true that they do up-vote themselves because they don’t have time to read others’ posts and then up-voting them. They also cannot up-vote comments on their posts because it becomes very difficult for them to up-vote hundreds of comments. Also, they can earn much when they up-vote their own posts. One can see how much they are up-voting himself or others by typing steemworld.org/@example on your browser’s address bar. Whales are doing what they should do but I am thinking about the minnows and planktons that are just following whales’ posts with herd mentality and wasting their voting power there.

In fact if minnow help one another, they can enhance their chances of earning much for their posts. @lucygarrod had given valuable advice to minnows in her following articles which every new user should read:-
https://steemit.com/mspsteem/@lucygarrod/advice-from-one-minnow-to-another
https://steemit.com/mspsteem/@lucygarrod/advice-from-one-minnow-to-another-part-2
https://steemit.com/minnowadvice/@lucygarrod/advice-from-one-minnow-to-another-part-3

Who are the real winners on Steem platform?

It seems that whales are the real winners here but some people are earning huge profit by just owning a bid-bot. Bid-bots earn huge profit when users pay them SBD or Steem to up-vote their posts. Bid-bots also earn handsome curation rewards by up-voting others’ posts. You can see in these screen shots of some bots which are earning huge amount as curation reward.

Hence, I came to this conclusion that bid-bots and big whales are the real winners on Steem platform.

Do you agree with me? If yes, please up-vote my post. I will also use bid-vote to promote my posts.

Disclaimer: screen shots are posted just for illustration and hence, should not be taken exhaustively.

Thank you!

@akdx

Who are real winners on Steem platform? | Ecency