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Question answered on Musing.io by rehan12

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authorrehan12
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categorymusing-threads
json_metadata"{"app":"Musing","appTags":["Blockchain"],"appCategory":"Blockchain","appTitle":"What are the benefits of bid bots on steem blockchain?","appBody":"<p>In my point of view it is a total loss of your hard earned Steem/SBD&nbsp;</p>\n<p>Like, to think about if you use Smartsteem if you give 10SBD for upvote you will get 11.2 USD upvote and from that 25% will be deducted in Curation reward.&nbsp;</p>\n<p>So you will get USD 8.4 in return and among them you will get half in SBD and half in Steem. Which means 4.2 SBD and according to today's rate of Steem(0.80 USD) 5.25 Steem.</p>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmdtj1QcHbNTpzks9bHGVRR9zVCcgpLfMWHHE9jfuPsrSa/Untitled.jpg\" /></p>\n<p><strong>While if you exchange those SBD in Steem in today's market rate you will receive 12.4 Steem&nbsp;</strong></p>\n<p><em><strong>Apart from those calculation bidbots allows to boost up the reputation Score in Steem Blockchain whenever it upvotes a content of yours.</strong></em></p>","appDepth":2,"appParentPermlink":"f32jpc785","appParentAuthor":"saburisaburi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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