| json_metadata | "{"app":"Musing","appTags":["steem","bid-bots"],"appCategory":"steem","appTitle":"Will steem bid-bots ever die?","appBody":"<p>While I may not be able to see into the future, I see steem bidbots usage and influence reducing in coming months, if not totally out of business.</p>\n<p>Bidbots is having a counter effect on the the main aim of the blockchain, as a place where you get rewarded by others like you (not bots) based on your creativity and contribution. Bidbots is taking that away.</p>\n<p>It makes the steem blockchain looks like a Ponzi scheme of some sort, paying money to earn more money. This has reduced the creativity and strive for it considerably.</p>\n<p>I like the fact that these bidbots created out of greed are getting greedier and at such their influence are waning. The larger percentage of their customers are minnows who their 'self vote' value amount to almost nothing.</p>\n<p>A lot of these minnows have realised that they are not getting real profit from buying votes. Most people still see the light and prefer having $0.something in their post reward rather than paying a bit to return a marginal profit or loss.</p>\n<p>To make this possible, there has to be efforts from the team to empower dapps and other community projects to be more valuable and 'dutiful' to investors to invest in to invest in for profit in curation and cutting off some blood from this bidbots.</p>\n<p>People will have enthusiasm investing in these projects that are contributing to the growth of the blockchain that houses their investment while making curation of that..</p>\n<p>Though i believe their influence will wane and more people will see the threat they pose to the blockchain but steem has to make decisions to reduce their influence and speed up their death.</p>\n<p>My opinion....</p>","appDepth":2,"appParentPermlink":"p3rxlj79x","appParentAuthor":"kid4life","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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