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Should We Fear Investors Leaving Because Delegating To Bid Bots Is No Longer As Profitable As Before? by markkujantunen

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· @markkujantunen · (edited)
$11.05
Should We Fear Investors Leaving Because Delegating To Bid Bots Is No Longer As Profitable As Before?
https://steemitimages.com/0x0/https://i.imgur.com/rvvl2bk.jpg

The answer is we don't know because we don't know how savvy delegators to bid bots are at utilizing other ways to earn passively. All I can say is that there is at least one such way to earn passively. The obvious choice under the 50/50 author/curation reward split is to set auto-votes on content created by authors who are likely to earn high author rewards. The trick is to front run most of the voting power spent to upvote each post. Earning 70-90% of one's vote value is really easy unless your stake is so massive that without using small fractions of your voting power at a time, you'll have difficulty finding sufficiently large chunks of voting power to front run. In that case, you may need to do some digging to find authors who post consistently and who already get some support to do your voting in smaller pieces at a time.

https://steemitimages.com/0x0/https://i.imgur.com/Bqme0EU.jpg

The best part of this is that you don't even have to vote abusively to earn nicely by curating. What I recommend that you protect the long term value of your investment by steering clear of bid botted crap or voting circles posting trivial content to milk author rewards. Instead, go through trails by reputable curation projects and find authors worthy of rewards and set your auto-votes. If your stake is really large, you'll just need to find a number of authors who already receive regular support larger than most people do and front run that regular support. Then you can go fishing or whatever it is you like to do instead. There is no need to power down and dump your stake at this kind of low price. That would be like selling BTC at $100.

Another way that does much less harm to PoB than delegating to content-agnostic bid bots is to delegate to @ocdb that distributes 10% of its rewards to whitelisted authors under constant quality control and 90% to its delegators.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 44 others
πŸ‘Ž  
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@crypticat ·
$0.30
Don't need these sort of people anyways. If they leave because if this they were always going to leave or sell their profits.

Posted using [Partiko Android](https://partiko.app/referral/crypticat)
πŸ‘  
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@markkujantunen · (edited)
$0.28
If they dump, the timing couldn't be worse as the STEEM price is rapidly approaching 15 cents.
πŸ‘  
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@crypticat ·
$0.28
Great, I want to buy a little more.

Steemit Inc. is not going to be selling this month so hopefully it evens out. I'd rather have a Steem where newcomers who produce quality don't leave because of a lack of curation and interaction. The previous rate of return was unsustainable.

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πŸ‘  
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@whatsup ·
$0.30
At one point making money on Steem was pretty easy, investors and posters were able to take advantage of that.

We are deep in an alt coin depression and everything is harder.  There is less money.  Some may leave, but most will adapt to the new economy.

The reason I feel confident is even in this depression, they are still earning steem with their steem and there are very few coins where that is possible.

I think we are not far away from some major growth, but it isn't going to come as easy as the first rounds did.  
πŸ‘  
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@argentsilver · (edited)
$0.29
I wouldn't call them investors, they're more akin to dumb money. A real investor would look at Steem and what it's future potential is, look at the current price, look at the charts, and then proceed to jizz in their pants at the risk/reward opportunity that's coming. Better to get rid of the weak handed ~~investors~~ leeches now, and not when altcoin prices get yanked into the stratosphere by Bitcoin.

Of course, I can't help but thank these people at the same time, because it is their frantic overmilking of Steem that has brought the price so low and inflated the supply, so I should be thanking them for presenting the opportunity. 
πŸ‘  
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@markkujantunen ·
A dump may still cause a temporary depression in the price.
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@smartsteem ·
πŸ‘
*~Smartsteem Curation Team*
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@minnowspower ·
$0.02
$trdovoter 25%
πŸ‘  ,
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@trendotoken ·
Congratulations @minnowspower, you are successfuly trended the post that shared by @markkujantunen!
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@tomb0171 ·
Good post

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@kaminchan ·
So, there are always legit way to corner the system. But the value of Steem is very low, big fish are powering down too. Perhaps they will all leave because of negative returns! 
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@markkujantunen ·
Who’s powering down?

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@kaminchan ·
Can’t remember their names. But I did check out some big fish and dolphins! They have been powering down! 
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@steem-ua ·
#### Hi @markkujantunen!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 4.093 which ranks you at **#3618** across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 118 contributions, your post is ranked at **#39**.
##### Evaluation of your UA score:

* Some people are already following you, keep going!
* The readers like your work!
* Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!


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