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Vlog 215: Sticking to my investment plan + Could vote bots explain a high SBD price? by exyle

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· @exyle ·
$392.00
Vlog 215: Sticking to my investment plan + Could vote bots explain a high SBD price?
<center><a href='https://d.tube/#!/v/exyle/l75clqoq'><img src='https://ipfs.io/ipfs/QmeUQKZxd7rhJQgFLVt34A5dpEcztoLGGDCXqdLji6EoNJ'></a></center><hr>

My investment plan is still same.

I'm not buying any crypto until it's under my baseline that I set a week ago.

The only thing I bought is STEEM with some SBD.


# SBD price

-------

I read some interesting comment about the SBD.

One person said that the reason it's gone up is because they are used a lot in voting bots.

Now I always believed that voting bots would have a bad ROI.

But I did some calculation this morning on a post and I might have been wrong.

One person that is currently trending spend around 200 SBD on bots. (because this blockchain is so open you can see everything).

His pending payout is 200 SBD + 45 SP.

That's not a bad deal.

Of course for this to work STEEM price will need to be stable or go higher in the next 7 days.

If STEEM goes down the person will lose out but still will have visibility for the post.

Of course wether this is a reason for the high SBD price is speculation.

But if it is, I think it puts an extra positive side effect on bots for now.

I talk about it more in my vlog.


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-------------


#### I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote [here](https://steemit.com/~witnesses).

#### We build Steemify a notification app for your Steemit account for iOS. 

Get it Here:

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------

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πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 738 others
πŸ‘Ž  
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vote details (803)
@abdullahshoaib · (edited)
Sir your calculation is helpful and indeed if you said they are right to use than it should be, your work always do some massage which is worthy of me, at least the price going up and stable, keep sharing such stuff which valuable for the community, thanks and steem on
πŸ‘  
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vote details (1)
@abelito777 ·
all right!
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@abh12345 ·
$3.34
Hey man

I'm trying to power up, but also using SBDs to travel as well.

I did wonder the same about the bid-bots, but the SBDs they take are going to the pockets of a few (to pay the delegation lease etc).

I think that SBD are traded like the rest of the alts. and when the chartists/forums decide its time to buy, the price rockets as the rest do.

Of course, i hope SBDs remain here or rise, but at the back of my mind I still think $1 is coming at some point, and so if you can, buy that STEEM and power up!

Cheers!
πŸ‘  ,
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vote details (2)
@charitybot ·
$0.18
Over 90% of the volume is on one exchange from one country, if the price had anything to do with interest in using steemit then we would have already seen an explosion of Korean users utilizing the bid-bots, but we can see that this is clearly not the case and I think that it's just a convenient pump and dump tool for them because it's paired with the Korean Won, their fiat currency, and total SBD in circulation is very small.
πŸ‘  ,
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vote details (2)
@exyle ·
$0.18
I also hope they will stay high for a while. But in the end they are only worth 1 dollar worth of STEEM. Selling them for STEEM or something else (crypto or fiat) at these prices (or well anything above $1) seems to be the smart move. 

I'm also keeping some but that's just for speculation. Maybe they will pump again for reason X :)
πŸ‘  , ,
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vote details (3)
@phoneinf ·
$0.14
When you consider that the rewards on this platform is 10X already compared to other platforms it shows that there is lots and lots of earnings and growth potential. No other service gives you these amazing rewards just by posting helpful comments. And it's a fast system too. In the future maybe it will go down a bit to 3x as rewarding but that will still be way better than the other platforms that only chase followers and doesn't build trust and reputation. Because clearly the true value of Steemit is the trust and reputation built in system. :)
πŸ‘  
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vote details (1)
@abitofbutter ·
I am fully sure that the market will start to make a turn upwards due to the end of the chinese new year holiday. I have  accumulate my assets in order to buy coins that are low. My method is to not make a huge jump of profit but microprofits from many coins. Im holding 33% bitcoin, 50% altcoins and 17% fiat wish to make my $1000 into as much as possible.
πŸ‘  
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@abrahem ·
being a writer i have much potional for all new things and upcoming events that change my mind about life. @exyle thanks dude you made my day....
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@adnanrabbani ·
$0.03
Excellent video friend well i think investing in voting bots is not a good idea and it is not much beneficial for end user's but it is extremely beneficial for the owner's of the voting bots, so we all need to try and earn a vote instead of buying it and i hope we see much better results, well i still think that sbd will come back down at some point and converting sbd to steem now will benefit us more long run, thanks for sharing your nice thoughts with us friend, Stay blessed.
πŸ‘  
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vote details (1)
@afiqsejuk ·
I hope that SBDs stay high so that authors can have a handsome profit from their quality post. 

I personally use a voting bot called @buildawhale which originated from @themarkymark because its track record is superb, blocking people who exploit bot abuse from using the bot. For instance, people who churn out poor quality post.

In the case about SMTs, I am not sure about that. Hehe. Upvoted!
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@afrinsultana ·
good vedio..thanks.for sharing..
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@alimartopo ·
Bautiful @exyle i nfirasi  sukses
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@amanullah12 ·
waooooo! you rock @exyle. thanks for looking into this more.
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@andyx ·
I think yes but also the korean community and also that new exchanger helps the SBD price...
πŸ‘  
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vote details (1)
@ankita1 ·
Visit my blog if you like my blog ..then follow me.. thank you....
https://steemit.com/@ankita1
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@aqib-ashiq ·
@exyle I'm 100 % agree with your statics and facts that you share. yeah, its sometimes happens spending give you benefits and like that 200 SBD + 45 sp yes its good I think not bad at all. But  one thing that Steem gonna down and up sudden its playing like see say hope so its gonna up
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@arcange ·
Congratulations @exyle!
Your post was mentioned in the [Steemit Hit Parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20180211) in the following category:

* Pending payout - Ranked 7 with $ 457,43
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@astroame ·
Nice one, I've also got a baseline upon which I'll stock some Cryptos.
properties (22)
authorastroame
permlinkre-exyle-l75clqoq-20180211t122247092z
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json_metadata{"tags":["life"],"app":"steemit/0.1"}
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@asvil21 ·
Photos are very good and attract attention
properties (22)
authorasvil21
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json_metadata{"tags":["life","story","writing","exyle","dtube"],"app":"esteem/1.5.0","format":"markdown+html","community":"esteem"}
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@atagob ·
wow , amazing post
properties (22)
authoratagob
permlinkre-exyle-l75clqoq-20180211t134605865z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 13:46:12
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@atmosblack ·
$1.09
*Wohooo!* I guess this person would be me! πŸ˜€
Thanks for looking into this more! You rock!
πŸ‘  ,
properties (23)
authoratmosblack
permlinkre-exyle-l75clqoq-20180211t125440792z
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vote details (2)
@atmosblack ·
$0.04
Oh and btw @exyle when I mentioned the possibility to use bots with SBD in my comment on your last post, I didnΒ΄t mean this as something minnows *can do*, but as I see it at the moment, itΒ΄s the only chance to get seen. This is a problem in a way. So if your are not one of the big fish and post about Steemit as your main topic (no blame here - you are one of the few people, who do this in a very innocent and authentic way, which I love!!), then itΒ΄s hard. Even when you got your niche (which in my case is spirituality, meditation etc), there are simply not enough people here yet in this niche with enough SP to make this a worthwhile stay. I think, what most of the big fish are "doing wrong" is to focus their interest on very self-referential stuff and upvote only things that have to do with Steemit, Steem or the platform itself!
**I think, that this will be the main challenge, if the STEEM blockchain wants to grow - to broaden its spectrum of topics and donΒ΄t primary reward posts, that are about the platform itself.**
ItΒ΄s like in a new relationship - if the only thing you are talking about is your relationship, then it will soon be gone!
➑️Would like to hear your thoughts on that - maybe even in a new vlog. Consider myself as your personal idea contributor for new content. πŸ˜€Thank you!
πŸ‘  ,
properties (23)
authoratmosblack
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json_metadata{"tags":["life"],"users":["exyle"],"app":"steemit/0.1"}
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vote details (2)
@nurakhim ·
y2r8sb5uz
https://d.tube/#!/v/nurakhim/2qplt2q4

please like and subscribe
properties (22)
authornurakhim
permlinky2r8sb5uz
categorylife
json_metadata{"app":"dtube/0.6"}
created2018-02-11 14:06:06
last_update2018-02-11 14:06:06
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@atmosblack ·
Please stop begging and posting your unrelated links as a comment. People will flag you for this! Thank you!
properties (22)
authoratmosblack
permlinkre-nurakhim-y2r8sb5uz-20180211t142719533z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 14:27:24
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@ayurvedajoshi ·
It is hard to say,
But if steemit grow & get more interest then SBD can grow.
BUT some points are note Healthy in Steemit.
1) Downvote & Flag
2) Voting Bot
it is not fair many not so good Post get lots of SBD from Bot,
If you write or make Video talking Good about Steemit or Dtube Then Big Wahls give you Big SBD Vote. So they incourage you to make advertise 
Fair, Demokrati & good for People is somethings diffrent.
So it is kind of trick and if you are cunning inogh to findout a way to get mor Rich Vote is good for you. So many mambers will try to find a way to earn SBD. They dont give time to make a post what help
properties (22)
authorayurvedajoshi
permlinkre-exyle-l75clqoq-20180211t180458692z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
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@azizulhassan ·
$0.22
i really need to watch this ..look good
πŸ‘  
properties (23)
authorazizulhassan
permlinkre-exyle-l75clqoq-20180211t122156702z
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json_metadata{"tags":["life"],"app":"steemit/0.1"}
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vote details (1)
@babangsunan ·
I really like your post thanks for sharing the things I can learn from you
properties (22)
authorbabangsunan
permlinkre-exyle-2018211t19216908z
categorylife
json_metadata{"tags":["life","story","writing","exyle","dtube"],"app":"esteem/1.5.1","format":"markdown+html","community":"esteem"}
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@baizid ·
Wow nice your writing life story
Thanks for sharing
@exyle
πŸ‘  
properties (23)
authorbaizid
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json_metadata{"tags":["life"],"community":"busy","app":"busy/2.3.0"}
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vote details (1)
@bankthecrypto ·
$0.03
Steem and SBD price will go up and up as Steemit getting more and more users to the platform this is the social network of the future
πŸ‘  
properties (23)
authorbankthecrypto
permlinkre-exyle-l75clqoq-20180211t120857216z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 12:08:57
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vote details (1)
@barne734 ·
$0.09
o74mpi3l4
also i don't think people are paying attention to the ROI on these voting bots, I was watching the other day and a person paid 5 SBD for a $.15 vote, ridiculous, I don't think some people understand how these bots work
πŸ‘  
properties (23)
authorbarne734
permlinko74mpi3l4
categorylife
json_metadata{"app":"dtube/0.6"}
created2018-02-11 13:15:51
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vote details (1)
@bellalmoudjadj ·
good job
properties (22)
authorbellalmoudjadj
permlinkre-exyle-l75clqoq-20180211t122003608z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 12:20:06
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@bellekiss-31 ·
I am still very positive that i will someday learn and will earn here at this flatform, keep on following your blog @exyle to learn from the way you handle things here.
properties (22)
authorbellekiss-31
permlinkre-exyle-l75clqoq-20180217t081511314z
categorylife
json_metadata{"tags":["life"],"users":["exyle"],"app":"steemit/0.1"}
created2018-02-17 07:33:42
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@bestbroplayer ·
$0.50
17ogpm81g
Reason why I think some people complain distribution to be unfair is because some people have to take it out! People who are allready in a position were they can hodl steem power are getting richer. This is at the end of the day trickle-down economics based system. It is also so that those with alot of power don't realy upvote too many diverse topics, just ones they are familiar with. That forced-delegation is only thing that helps dumpen this problem.
πŸ‘  
properties (23)
authorbestbroplayer
permlink17ogpm81g
categorylife
json_metadata{"app":"dtube/0.6"}
created2018-02-11 14:10:18
last_update2018-02-11 14:10:18
depth1
children1
last_payout2018-02-18 14:10:18
cashout_time1969-12-31 23:59:59
total_payout_value0.496 HBD
curator_payout_value0.004 HBD
pending_payout_value0.000 HBD
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body_length456
author_reputation1,821,598,983,167
root_title"Vlog 215: Sticking to my investment plan + Could vote bots explain a high SBD price?"
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vote details (1)
@rajuahamed ·
nice post
properties (22)
authorrajuahamed
permlinkre-bestbroplayer-17ogpm81g-20180211t163601646z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 16:36:03
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@bisdak ·
I believe vote bots are here to help minnows gain momentum in the platform by gaining sp through vote bots. If that's so, they are more satisfied with a minimal profit margin.
πŸ‘  
properties (23)
authorbisdak
permlinkre-exyle-l75clqoq-20180211t135521797z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 13:55:24
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vote details (1)
@blazing ·
Great investment plans and this is the right thing to do at this time plus something new thing you shared about the voting bots i never tried till now and don't think i will try out ever even though they have such great ROI
properties (22)
authorblazing
permlinkre-exyle-l75clqoq-20180211t160418742z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 16:04:27
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root_title"Vlog 215: Sticking to my investment plan + Could vote bots explain a high SBD price?"
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@bloomberg215 ·
$0.52
Great video. I also selling SBD into STEEM. It seems crypto market is going to be under pressure for some time. I predict huge bounce starting in April, but hope that I am wrong and everything will skyrocket early. Anyway STEEM is the place to be.
πŸ‘  , , , ,
properties (23)
authorbloomberg215
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categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
created2018-02-11 12:13:33
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vote details (5)
@phoneinf ·
$0.07
True! This industry is just getting started. The more people that get involved the more emotions and the more people will find out about it! Especially when people make huge gains they will tell all their friends. Still the media has a bit too much power in controlling how the market is doing from day to day. But their influence will eventually decrease as people are searching out alternative media platforms. Will be harder to control humans since we are becoming more empowered now with these super computers!
πŸ‘  ,
properties (23)
authorphoneinf
permlinkre-bloomberg215-re-exyle-l75clqoq-20180211t122843683z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
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vote details (2)
@bluehorseshoe ·
I am not sure how much effect the bots have on steem price, certainly some.
What I do like is how bots can be used as an investment vehicle thru delegation of SP.
Good post, thank you!
πŸ‘  ,
properties (23)
authorbluehorseshoe
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json_metadata{"tags":["life"],"app":"steemit/0.1"}
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vote details (2)
@bluewinter ·
$0.48
Vote bot is a double edge sword!
πŸ‘  
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vote details (1)
@brainceo ·
if i had to invest very hugely in something i would definitely go only with steem power the greatest asset of all time
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@brettcalloway ·
$1.24
It seems reasonable to me that people are buying SBD on the market to use for bid bots. The bots are making a market in the SBD. I likely have seen the post you’re referring to. In this case they spent a lot of SBD to get this result. Other accounts I see investing smaller amounts such as 5-10 SBD aren’t getting the same RIO due to less visibility. So maybe there is a fine line between the investment amount, quality of post and ROI. I wrote an article today arguing that the trending tab is more of a promotion tab. It’s my argument that if you use bid bots, you shouldn’t be allowed to hit the trending page. You can check out the full article here:

https://steemit.com/steemit/@brettcalloway/steemit-s-trending-tab-is-misleading-the-community

Thanks for the post! All the best! :-)
πŸ‘  , ,
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vote details (3)
@cailliyork ·
wme7kkrns
I'm still super new to steem but I'm really interested to see were this site goes in the future! :)
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@calatorulmiop ·
There is an article by zombee that points out quite a lot of issues with how bots currently work: 
https://steemit.com/steem/@zombee/how-to-stop-almost-all-abuse-on-steem
I'd say it is worth discussing those issues with the community.
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@cityslicker ·
the bots are playing a huge role and they have the power too much this is something i was not aware of too much thanks for highlighting and explaining in your video
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@cj31bbe ·
personally i  earned over 250 $in 3 weeks  on bittrex :) and gues  how :)  i traded only SBD &Steem :)
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@corionersmex ·
I like your strategy in investing cryptocurrency. That is a good technique that you have a baseline because now it is crashed. I think this is the baseline now. Crptos seems to be bounced.
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@cryptocatz ·
200 SBD spend on bots ? 
Just, wow! I know it's done, 
but still, wow!
There's me happy collecting little bits 
here and there, untill I have 1 SBD 
:D
Happy Sunday all πŸ€—
πŸ‘  
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vote details (1)
@cutiepie ·
they are definitely playing a huge role in the uptrend of the sbd do you really thing it will come down any time sooner
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@dcj ·
$0.30
Thanks for the analysis!

With SBD at a price over $1 USD, it almost seems redundant -- why even have it exist when we could all just use Steem?

I'm an advocate of negative interest rates, that continue decrease until SBD reaches a dollar. Otherwise I think we should move towards only one platform currency.

Cheers,

@dcj
πŸ‘  
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vote details (1)
@digitokash ·
$0.02
czj45tr98
Thanks for sharing with us. Seeing whales keep calm thru the storm helps us all!

But I have to ask: How do you get the upvote from @DTube EVERYDAY? - Whats the secret man? lol make a video on that.

πŸ‘  
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vote details (1)
@eyelashe ·
might be the reason for the sbd going more higher than expected but content creators lived the way and making 4x money has given hopes a lot and boost to this platform
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@faizan-ashraf ·
$0.37
Few steemit users think that using bots for getting upvotes is a bad idea because even if they return the same amount of SBDs or even a little bit higher, they will be redeemed either to 100% SP or 50:50 scheme. For those I wanna say, to be successful here, you must focus on your SP, through bots, you get extra steem power as compared to if you convert your SBD's directly into SP. Though you cannot be cashed out in the short term, you'll surely end with good terms in the long run. 
and yes it could be one of the reasons for SBDs value to go up. Good analysis @exyle.
πŸ‘  , ,
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vote details (3)
@exyle ·
Yes, I agree, long term nothing beats STEEM or SP.
πŸ‘  
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vote details (1)
@faizan-ashraf ·
Thanks :)
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@faizii ·
You rock man with your studies and calculations, i always wonder how you do that...but you are a very wise man, You ahve set your goals on how you will buy the cryptocurrency, in my opinion it is the best that you set goals for your personal lives, by that a person a=can be very successful indeed...
I will wish you best of luck to achieve your goals successfully :)
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@faruk1 ·
Thanks
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@financialadvisor ·
Why ? Are You fear :)
πŸ‘  
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vote details (1)
@flauwy ·
$0.33
8y0p98yq1
It is not so easy to leave all my SBD in the system by powering it all up because I am a full-time Steemian and I live from my earnings here. I try to keep as much here as possible but I also have to take out to pay my bills and I take out some to invest in other cryptos which have a great potential like EOS. So in the end only parts of my earnings end up being powered up into my account.
πŸ‘  
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vote details (1)
@funbobby51 ·
that's what is great about STEEM and SBD is that unlike other currencies there is a economy for them to be used in created by steemit.
πŸ‘  
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vote details (1)
@funworlding ·
$3.36
When I calculated the bot investment, I found worst result than you stated above. I would invest on SBD instead of giving my SBDs to the bots. I believe investing on your own SP, will get the much better return in the future! Thanks for this very informative post you shared here. You are excellent guide as @clio said!
πŸ‘  , , ,
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vote details (4)
@exyle ·
Yes, I agree with you. Investing in SP I consider the better long-term investment. And cool that you found my mom on here! She has become a true Steemian :)
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@funworlding ·
Your Mom dear @Clio is like my teacher here! When I write something and if she likes it and responds, I feel great! :) Loves from Spain!
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@futuremind ·
I've just now begun to understand the fundamentals of how the Steemit platform works on a minimal basis. I was able to pick up on my early mistakes relatively quickly. I'm not able to invest my Fiat into Steem because of the stringent policies where I live, so I have been forced to work hard for my minimal success, and I don't mind this, because it derives a feeling of success within me. I've sinced opened up a discord server with an incentive to help new users grasp the basics. I also host a daily dogecoin giveaway, and try to give back to the community. I am of the mind to hodl every bit of Steem power I obtain right now. Especially, with a growing user base, and where the value of Steem could be potentially headed. I think it's a users responsibility to educate him or herself. I've even pondered some intuitive ideas for the steemit platform, such as a reward base training program, that you can earn SDB for passing. If users have a reward base incentive for educating themselves, they certainly would take the time to do this. If their serious anyways. Well that's my 2 cents, in the form of a 1cent upvote, so I guess I owe ya one. Thanks for your time and insight. I followed you. @futuremind
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@gabiino · (edited)
@exyle

thank you so much! reading this thread is helpful for new STEEMIT people just like me and the STEEMIT Community I'm on right now and coincidentally we are planning on investing.

on Behalf of my Community, THANK YOU! KUDOS!
![27849364_1828500493887189_1560932520_n.jpg](https://steemitimages.com/DQmVFhsPjCftq2g1F67Hv1S76xqSF5Dy91ieCEmXBvtVDyd/27849364_1828500493887189_1560932520_n.jpg)
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@gabrielpayne ·
$0.66
je3wzkz9u
what does he say @1:38? Especially when "SPwhat comes out"?
πŸ‘  ,
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vote details (2)
@exyle ·
Sorry about that. It's a bit unclear. 'When SMT's come out'. More info [here](https://smt.steem.io/)!
πŸ‘  
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vote details (1)
@gabrielpayne ·
eebcki7d5
oh it's SMT... smart media tokens
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@gadrian · (edited)
I've seen Stemians who have reached a good reputation say they used bid bots to grow. I see others on their way up doing the same thing. Maybe some use the bid bots for profits, but in these cases I think it was a clear situation of using bots to get visibility, increase reputation and power up at the same time. I haven't used them yet and I'm still undecided whether I will in the future or just take the longer road.

As for SBD value, by its definition should be pegged to US dollar, but I've seen many agree that this mechanism is broken (plus the evidence is clear). This opens up the possibility of high volatility for SBD as well, which I think is exactly what pegging was trying to prevent. In this case, is SBD necessary going forward?
πŸ‘  
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vote details (1)
@george-topalov ·
$0.31
I used bots quite often before and usually you make your investment back but get slightly more visability. Helps you get to that hot page or maybe even trending. With autoupvoting bots out there and used so much I feel like the bots giving votes for sbd are quite alright for new or undervalued posts to be used on.
πŸ‘  
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vote details (1)
@gundogdu ·
The boots seem to be fraudulent for me. because there are no equal conditions for other people. It's not correct !!😐
πŸ‘  ,
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vote details (2)
@habib1978 ·
nice post
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@hesaid ·
Seeing steemit as a platform for worldwide socialization, learning, sharing ideas and supporting one another while earning says bots are not good investments! Please keep on posting.
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@hms818 · (edited)
$2.13
No matter what the real reason is behind SBD pump, high SBD prices are keeping many authors and curators active on this great platform, making it more profitable... Let them pump SBD even harder and if possible, i would request @blockbrothers to come up with some kind of SBD voting bot...
πŸ‘  , , , , , , ,
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vote details (8)
@exyle ·
I don't think that will happen, man. We like to concentrate on other development instead. Steemify, Steemturbine ect. The SBD price is helping @blockbrothers paying for our 5 servers and external dev at the moment so that's another plus to the price.
πŸ‘  
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vote details (1)
@reidlist ·
$0.03
I'd say leave the bid bots to people who aren't able to contribute in bigger ways. You keep doing your thing.
πŸ‘  
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vote details (1)
@kofibeatz ·
Same here. @blockbrothers have some fresh ish and I would also like to see what product yall able to deliver. I want to support too..
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@nagavolu · (edited)
$0.03
i support your idea. upvotedhttp://lessonpix.com/drawings/9342/100x100/yes.png
πŸ‘  ,
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vote details (2)
@hms818 ·
Thanks!
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@phoneinf ·
The real reason behind it is because it’s working. As long as something is profitable people will keep do it more. If it’s good or bad for the platforms who knows. Clearly it will benefit everyone that invested early so many doesn’t want it to stop. Since this industry will be extremely profitable the upcoming years we will see many interesting pumps happen.
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@reidlist ·
$0.03
Yep, I think the owners of bid bots are making more money on here than just about anyone.
πŸ‘  
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vote details (1)
@ilyastarar ·
I see SBD's low supply as the only reason of its price spike. Anything with that low supply can be pumped easily.
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@izge ·
Thanks for the important information, this issue is just somehow. Crypto up and crypto down down down.
properties (22)
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@jackie2017 ·
I do think that the bots add some value to steemit. And as more value is added to the platform more people will become interested to join the community.  And then the community grows and the value of steem is increased. So I think it will be a win/win all around. Thanks for sharing.
πŸ‘  
properties (23)
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vote details (1)
@jlufer ·
Excellent post dear friend @exyle, invite a reflection, I have never used this service, I am from the idea of the organic votes, however as you say it is a question of analyzing
Thank you very much for this data,
I wish you a rough Sunday
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@jou ·
tnk you @exyle for this expository. SteemUp. I been praying that things turn around to make the value of steem rise although I don't fully understand the factors responsible nor even the concept. I believe faith works though.
πŸ‘  
properties (23)
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vote details (1)
@journeyoflife ·
$2.32
I can’t imagine it falling , we would have no other way to get Steem than to buy it. I feel like we should switch our sbd to Steem while we have a chance now
πŸ‘  , , ,
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vote details (4)
@kamchore · (edited)
i also don't know about the increase in SBD price but it provided a chance for lot of user to convert their SBD into Steem. I would love to power up my account. about bots i have no idea, but i don't like to use bots as i don't think it's great idea to get reward by bots. you have to believe in yourself? I earned $0.09 in my last post but still i don't like to bot upvote me.  Lets us hope for the best @exyle
properties (22)
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@kamesh ·
I saw lot of people now taking help from bot. I too take bot help which is profitable. Now i want to you one question @exyle. Why promotion is expensive then bot vote. Today i promote my content by not even get a single upvote or traffic. I think bot is more profitable then Promotion. Small users have no other choice. Please check my post which i used to promote and tell me is anything wrong in this post because i even not get even organic steemit users. https://steemit.com/cryptocurrency/@kamesh/the-best-way-to-buy-altcoin-at-cheap-rate. I always get $0.02 on spending  0.01 SDB on bot and some time $0.03. but today i promote with 0.018 SDB and get nothing. Even my hard work not get even attention. I am broken now. How i can stay here.
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@kapable ·
Your calculations are clear and understandable, I have wondered why the fall in price of sbd for some days now. Now I have realized the reasons for the fall in price. Thanks @exyle for your wonderful observations and thanks for sharing
properties (22)
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@phoneinf ·
SBD have actually gone up the last couple of days. Almost 50% increase the last couple of days! About a week ago you could get 0.8 STEEM for each SBD. Now it's 1.1! And I seen it in the past to be as high as 1.3! So Steem Dollar is doing extremely well as of lately.
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@kdforlife ·
i basically agreed with you especially now in the cyptocurrency market which SBD price is higher than steem. a living experiences is on airhawk- exchanger and olamax exchanger , SBD is majorly brought and sold.  but since is a choices one anyone , we are all free to spend or sell on free market. i for example like to buy SBD than steem due to the same reason state above.
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@kingcoins ·
Realy nice explaination and thank you for sharing your experiment with all Steemians. 
*Take Care*

**Peace&Unity**
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@lab.steem ·
bziwa1c1t
The lack of information on the central exchanges is my most likely culprit for breaking the peg.  1% of traders care enough to start using every (any?) asset they are trading on a crypto-exchange.  I would put the steem bots as secondary, as actual users of any crypt-asset are going to exploit the markets when possible.
properties (22)
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@lasseehlers ·
$0.44
xjoywxu4a
Appriciate you are keeping people informed about Steem. I think I heard ones that your girl friend or wife is from Brazil, well my sons mother is too :).. Anyway I guess you still didn't wake up to the Flat Earth, I made a song combine the topics of: FLAT EARTH and ANARCHO CAPITALISM , I didn't sleep the night before the recording, so the performance I guess is not my best... The lyrics are perfect in my view and I am very proud of those.

Your vote will be appreciated: https://d.tube/#!/v/lasseehlers/z8ojl173
πŸ‘  
properties (23)
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vote details (1)
@lets-tech ·
The reason is vote bots and other things like Steembay
πŸ‘  
properties (23)
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vote details (1)
@livelifefullest ·
$0.08
Mhhhh, this is not an easy one,... if you already have doubts and together with the @blockbrothers you had a discussion of how it will be in the near future for the distribution of steem power, then it is indeed a very difficult question, but sure a very good one. At least we have to figure out a bit more about the SMT and the capabilities, the way to use them due to those points; How we let SBD and STEEM(power) grow.....
πŸ‘  
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vote details (1)
@maanabdullah ·
I agree with you Sir (Website Designer , Crypto Expert)
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@make-it-happen ·
Very interesting... I hope that sbd always up with small correction :)
πŸ‘  
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vote details (1)
@markzuckerbergs ·
$0.07
Investing and holding steem dollar is poor choice. Rise of bid bots have surged in recent weeks, SBD has become a rejuvenated internal currency within Steemit armed with increasing utility but still it is pegged currency witnesses are discussing to enforcing it to 1$.It is very risky to hold steem dollar now a days.
πŸ‘  , ,
properties (23)
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vote details (3)
@phoneinf ·
$0.03
Very risky? Most people have earned the money on the platform already so it’s money that been generated on the platform. So they would be fine if it even went to $0 in value. It may even be worth it to gamble a little. But the witnesses will probably peg it to $1 so we could get some stability again. And it would reduce the amount of just in it for the money people we would have on this platform.
πŸ‘  
properties (23)
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vote details (1)
@marpemusic ·
5qkypxw5r
Useful information. Thanks a million
properties (22)
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@mdamanulla69 ·
**very informative post. thank you for share.**
properties (22)
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@mendiyusuf ·
crypt money downward..but the future is very bright..countries are taking very positive steps in the name of it ..let's follow the news well @exyle
properties (22)
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@meritigbunu ·
$0.09
The price of Steem and SBD is just changing dramatically. It's amazing though but you just have to have a strong mind to bear the fluctuating price of SBD
πŸ‘  ,
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vote details (2)
@phoneinf ·
$0.03
As long as you have in mind that Steem Dollar should be valued at 1 dollar then it will just be a party when it's above! The question is how high it can go in value before the whole system will collapse! If that is even possible! Now when people experiment with money anything could happen. These market prices are fun to watch since it could change 50% from day to day. For serious companies and investors that will be risky since they can't predict the future price!
πŸ‘  
properties (23)
authorphoneinf
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vote details (1)
@minoti ·
Very nice story, beautiful writing, excellent post,  thanks for sharing
properties (22)
authorminoti
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@moneyinfant ·
$3.40
I hadn't considered the possibility of the demand for SBD from the bid bots as being behind the current rise in SBD price. I suppose that depends whether users are buying SBD on the open market to fund bid bot purchases. While I have nothing against bid bots I don't think I would ever buy SBD to use with them.

Regarding the profitability issue, I always thought if I was near break-even on an SBD basis I was still profiting with the SP I received in addition. And since SP was what I really wanted that was a very good scheme. Not to mention the visibility, although that requires far larger vote buying than anything I ever engaged in.
πŸ‘  , , ,
properties (23)
authormoneyinfant
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vote details (4)
@exyle ·
>  I suppose that depends whether users are buying SBD on the open market to fund bid bot purchases.

Yes, I agree. It's speculation wether this is the case. But I do like to explore and find reasons why things are happening. Although finding the answer is not always as easy as I would like.
properties (22)
authorexyle
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@hrissm ·
What's the best way to buy/sell SBD on the open market? I'm located in the US and I've been trying to get on Bittrex.  For selling, would you just recommend doing so through the options availalbe on Steemit?
properties (22)
authorhrissm
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categorylife
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@moneyinfant ·
$0.07
Never hurts to speculate and sometimes your initial ideas lead you down roads you wouldn't have normally explored. I believe the initial pump came from South Korea a couple months ago, but price has found a much higher floor than previously. It's a bit surprising considering the increased SBD production (I believe), which should serve to lower the value of SBDs.

Perhaps SBDs are becoming somewhat similar in crypto to the Yen in fiat (i.e safe haven). More speculation :)
πŸ‘  
properties (23)
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vote details (1)
@safetony ·
$0.03
Of course people are using bots/sock puppet accounts it's just difficult to quantify would be interesting to drill into the blockchain and find out as a % how much sbd is being transferred to these type of accounts.

Hopefully steem can overcome this as spammy post's are as bad as advertising in my opinion wasting click space and revenue
πŸ‘  ,
properties (23)
authorsafetony
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vote details (2)
@muktamoni ·
- I profited by your advice. Thanks
properties (22)
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@monira71 ·
No matter what the real reason is behind SBD pump, high SBD prices are keeping many authors and curators active on this great platform, making it more profitable... Let them pump SBD even harder and if possible, i would request @blockbrothers to come up with some kind of SBD voting bot...
properties (22)
authormonira71
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@muktariza011095 ·
follow and vote me
properties (22)
authormuktariza011095
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@murtalabuwah ·
Follow and vote back
properties (22)
authormurtalabuwah
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@nagavolu · (edited)
# really
https://steemitimages.com/DQmf84t6h3Ds3PRaKvNgnSgL9WZuWzphjXhBKJDfpGDun4g/Exyle%20logo%20final%20_%20RGB-04.png
πŸ‘  
properties (23)
authornagavolu
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vote details (1)
@nayyabsipra ·
I like it and thanks for update wonderful stuff.
This nice about #SBD and coinmarketcap rating not balance.
All the best
πŸ‘  
properties (23)
authornayyabsipra
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vote details (1)
@nehemiah9 ·
I have gained from your advice
properties (22)
authornehemiah9
permlinkre-exyle-l75clqoq-20180211t223743599z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
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@nurakhim ·
qch4nmfuv
https://d.tube/#!/v/nurakhim/2qplt2q4

please like and subscribe
properties (22)
authornurakhim
permlinkqch4nmfuv
categorylife
json_metadata{"app":"dtube/0.6"}
created2018-02-11 14:05:42
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@ohona ·
Very nice blog Dear @exyle
properties (22)
authorohona
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categorylife
json_metadata{"tags":["life"],"users":["exyle"],"app":"steemit/0.1"}
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@onnovocks ·
$0.03
jqb19hghi
I think the SBD is used for bots because of limited visibility. There are 720,000 people on Steem right now that I will never ever see unless they use vote bots, or spend $100k to buy SP. On the other hand they will, in all likelihood, never see me for the same reason. Groetjes!
πŸ‘  ,
properties (23)
authoronnovocks
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vote details (2)
@paul.atreides ·
In addition to vote bots, the excellent tip bots out there could also increase the demand for SBD.
properties (22)
authorpaul.atreides
permlinkre-exyle-l75clqoq-20180212t174421315z
categorylife
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@petrovych ·
The only way to live well is to leave right away where it's bad
properties (22)
authorpetrovych
permlinkre-exyle-l75clqoq-20180211t223218326z
categorylife
json_metadata{"tags":["life"],"app":"steemit/0.1"}
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@phoneinf ·
$0.03
Will be very interesting to see how this Bot thing works out in the long run. Now when we are making money digital clearly there is no going back to not have Bots running. Because it will be impossible to detect if it’s a Bot or Human in this digital world. Perhaps you can try to confirm some accounts that it’s real physical humans but it would take too much man power to control all. Would needs lots of outside money to be able to pull that off. 

The high price because the demand increase as people get massive value in return. That spread fast to other people. So much money floating around now that there is lots of emotions evolved. Very exciting to see how the upcoming years will be in this space. 

The old is still true that fast returns usually doesn’t last and that the long term strategy will always work out the best. For me even if Steem Dollars goes down to 1 dollar again the platform still gives massive value in return. Because of the potential to network more and build real connections.
πŸ‘  
properties (23)
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vote details (1)
@pouchon ·
$0.35
Steem is an engine by itself that need all of us to go forward.
I am constantly learning how to use steem and all applications connected to the blockchain.
Keep on steemin'
πŸ‘  ,
properties (23)
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vote details (2)
@practicaleric ·
$0.30
I have seen some posts lately regarding upvotes from bots and I think bots are great for minnows. I plan to test it out and see how it goes. Thanks for sharing :)
πŸ‘  
properties (23)
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vote details (1)
@prettyprecy ·
steemit, sbd, curators etc all need the platform. If it's not profitable, no one will invest in it.
Time is money and so no one wants to waste valuable time on nonprofitable things. 
Please, sbd should keep rising. Biko
πŸ‘  ,
properties (23)
authorprettyprecy
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vote details (2)
@pwangdu ·
 remarkable!
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@qino ·
Keep going guys, you can do it, i hope release it I'll waiting guysπŸ€—πŸ˜˜
properties (22)
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@resteemhorizon ·
Bot has lots of impact nowadays on steemit. It might be one of the cause of SBD price fluctuation. 
Steem On :)
properties (22)
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@resteemy ·
Congratulations, you were selected for a random upvote! Follow @resteemy and upvote this post to increase your chance of being upvoted again!
Read more about @resteemy [here](https://steemit.com/resteemy/@resteemy/introducting-resteemy).
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@riskyheavy ·
one guide to success in steemit thank you @exyle
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@rockoboy ·
Interesting theory.  Thanks for posting.
properties (22)
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@sadcasm ·
many are fake there in steemit and after the payout is given you will always end up on the losing site
properties (22)
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@sadiq689 ·
Really Nice
properties (22)
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@sajannair ·
Sigh! Well those bot don't seem to be voting on my posts :-D
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@salma-akanda ·
Great post sir @exyle.
Upvote and resteem.
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@salvador985 ·
I'm agree with you
properties (22)
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@samueloption ·
This is informative
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@serkagan ·
$0.68
I completely agree with you on your investment plan and at any opportunity we certainly need to buy the Steem. With regard to the use of bots, it reminds more of the casino, since you can invest in any amount and calculate how much to pay at the moment, but no one will give you a guarantee that your investments will make a profit, because the purchased increase can partially be disposed up to 7 days payments, and here the end result is only the bot itself, this is roulette, lucky or not! Thanks Mark
πŸ‘  , ,
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vote details (3)
@reidlist ·
$0.03
The bid bots have become very risky. More likely to lose than win from what I've seen.
πŸ‘  
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vote details (1)
@shabana1234 ·
thanks for information on steem and sbd 😊
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@shameem007 ·
People all are selling SBD. Dont know the main reason but some are not interested in investing thats why crypto market going down and some investors trying to hold it up.
properties (22)
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@shello ·
This is an interesting take @exyle. Until very recently xD I didn't even consider that bidding on bots could be driving the SBD price up. Having visibility is nice, and I guess that this is an interesting way to keep the currency on Steemit itself. 

Good realization c:
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@shwemon ·
I think , sbd is great.
properties (22)
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@silla ·
Good writing content Thanks for sharing
properties (22)
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@sirstacksalot ·
$3.95
Funny, I never had much success with voting bots (as far as making a profit).  It always worked to increase my visibility, but never in the area of coming out ahead.
πŸ‘  ,
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vote details (2)
@sojib24 ·
Very good information about sbd price!❀
πŸ‘  
properties (23)
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vote details (1)
@sqamemal ·
Voting bots are only good for visibility, at least that's how I use them. Shouldn't expect a ROI at all from them, but there are still people that swear by them and use them for all of their posts and comments.
properties (22)
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@phoneinf ·
$0.03
But now people are doing insanely good returns from them 45 SP is extremely nice to get! So clearly there is many lucrative opportunities out now that people can explore. So Voting Bots can be good for lots of different things. Clearly being seen in this online world is great. Once you have eyes looking at you it can be super profitable!

People will use stuff that makes them a profit. Since many still live in scarcity. And with a world population going up to 10 billion stuff is about to get even more competitive. At the same time that abundance also is on the rise. Big part of that because it's easier to exchange value and get higher returns and make others happy at the same time!
πŸ‘  
properties (23)
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vote details (1)
@starboye ·
this could be that successful i never imagined that too much ROI possible but not a good way to generate that
properties (22)
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@starving ·
don't know in much details like you do but one thing is for sure they will come to one dollar mark but when no one knows till then enjoy this sbd pump up party :)
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@steemero ·
$0.16
The simple rule is that if the market goes up you are a winner and vice versa.  I do not know now almost all bot shows negative ROI. To me, All are concerned about steem power rather than SBD
πŸ‘  ,
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vote details (2)
@steemphotography ·
don't know much about the bots system how they work but certainly something which is not even looked too much but thanks to you man for sharing about in details in the vlog
properties (22)
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@sulemankhan ·
hmmmmmmmmmm veeeeeeryyyyyyy good wish you best of luck
properties (22)
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@surfermarly · (edited)
$5.49
4n13x85mn
I fully agree with you that it's hard to re-distribute power towards smaller accounts if those are not powering up all they have. According to your own wallet, you're currently selling your SBD, too. I guess you're considering to re-invest back into Steem, which is what many others also do. Maybe you're not, who knows. 

To judge people who power down is too easy, you always need to know what they're exactly doing afterwards. Steem users are very loyal, and even though not everybody is in a financial situation that enables them to power up 100% all the time, they may be able to do that in the future. 

In the beginnings nobody ever dared to criticize people like heiditravels who used their Steem to travel the world and make this platform popular, so why judge people who use Steem as a currency now?

These were the biggest transfers out in 2017 (Source @paulag):
https://steemitimages.com/0x0/https://res.cloudinary.com/hpiynhbhq/image/upload/v1516917253/togfozfjsgvimprlx6vq.png

She added:

> 65.2 M US$ worth of STEEM was transferred into Steemit in 2017 and 98.8M US$ was transferred out. Many of the steemians that transferred STEEM out of STEEMIT also transferred back in. 

It's always important to look at the big picture. 

Steem on! :-)
πŸ‘  , , , , , , , , , , , , , , , , ,
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vote details (18)
@aqib-ashiq ·
OMG! Now I got my point thanks for sharing valuable facts @surfermarly you right well said it happens really at the beginning I'm also facing this. But can you guys help me out from that!
properties (22)
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@reidlist ·
$0.03
Hopefully we start to see more money coming in than out!
πŸ‘  ,
properties (23)
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vote details (2)
@tanzim ·
I am not an expert. but people like me who are new in this community learns a lot from people like you. And yes I totally agree with your opinion. People always need to know what they're exactly doing. judging people who use Steem is not very good idea though !
πŸ‘  
properties (23)
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vote details (1)
@ayurvedajoshi ·
you are right, also Down vote and Flag without explaining also not good.
Maney good paid Posts are Due to Bot ( You pay money for Rich Vote)
or you write what Big Boss of Steemit Like ( You make a advertise of Steemit or Dtube)
properties (22)
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@svetlanaartist ·
You smart, Im follow you. I invest too in crypto😎
properties (22)
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@talatawan ·
You are rock.... you got a huge steem in a very short time... Please help me out how I can improve myself...
properties (22)
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@tamsguitar ·
$0.66
Correct. I observed this too and stopped usin the bots since whenever steem price goes down the loss is significant amount and for a low steem power account like mine it's quite a loss. But if it goes up then indeed it's a good deal. I used to upvote 6 days old posts to avoid the fluctuation but they have recently stopped voting old posts so it's kind of a gamble now. 
:)
πŸ‘  
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vote details (1)
@tasauver ·
I feel like I belong to different world, now that I have come here😏
πŸ‘  
properties (23)
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vote details (1)
@teutonium ·
$0.33
Im always powering up my SBD to SP, i want my vote to be at least 1$ so that i can start making a difference in some of the minnows posts
πŸ‘  
properties (23)
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vote details (1)
@esilio ·
pe6lv3k7c
Me too :)
properties (22)
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@teutonium ·
Hopefully we will both be big whales in the future and help future minnows :)
properties (22)
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@theguruasia ·
$0.66
@exyle,
I wish to write a strategy behind vote bots! I assure you it's not very profitable! Because, most of vote bots are cheating the customer by showing high ROIs, but when we do the right calculation the end result is just a loss. Personally I am using vote bots sometimes, but it depends on the time that I am using the bot! 
As you said, if STEEM went up it made a nice profit and vice versa can be happened as well!
Great thing to discuss about this topic!

Cheers~
πŸ‘  ,
properties (23)
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vote details (2)
@travellingwomen ·
Good writing content Thanks for sharing 
Keep it up 
I wish you all the best
πŸ‘  
properties (23)
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vote details (1)
@virusteem ·
good information, follow @virusteem
properties (22)
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@waltliquor ·
Thanks for sharing and I will definitely buy some I gotta put it in some bots myself
πŸ‘  
properties (23)
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vote details (1)
@wandering ·
Market don't know what is sbd and what are its main use they just see it as an alt right now which i don't think to be coming back
properties (22)
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@waqarh44 ·
upvote
properties (22)
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@xerovlade123 ·
nice idea right there, thanks for sharing
properties (22)
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@xnx ·
can i get follow ?
properties (22)
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@spaminator ·
$0.67
Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.


[Your Reputation Could be a Tasty Snack with the Wrong Comment!](https://steemit.com/steemit-abuse/@spaminator/updated-your-reputation-could-be-a-tasty-snack-with-the-wrong-comment)

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properties (23)
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vote details (1)
@yakuhi ·
My guess is that activity on trading sites are responsible for high sbd prices. While SBD is supposed to be pegged to a dollar, what exactly does this pegging? Being traded as a crypto almost on trading platforms and also being a currency with an actual applicable use gives Sbd a value of its own, making it a viable speculative investment.  Just my thoughts, still pretty new to all this :D
properties (22)
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