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RE: How to NOT make money on Steemit!
This is a weird rule. It is not difficult to write a bot that posts at exactly 30 min instead of earlier. What exactly is this accomplishing. This post has been up for 15 mins and I have to wait another 15 before upvoting it?
As a matter of fact, I might need to write something that reminds me to go back and vote on posts so I don't forget about them.
its taking away the bots advantage.. ie giving others an opportunity to see and vote on the post before the bot does.
So if the rule wasn't there, the bots could jump on a post as soon as it came out, and take all the curation rewards for both successful and non successful posts before anyone had a chance to even see it.
with the rule in place yeah the bots can vote at the 30 minute mark, but others can get in ahead of them slightly earlier. , with almost full power. they can adjust backwards, but hurt % when they do.... so there's a balance of power.
it would be an interesting game theory model to figure out when the best timing was, and how to players could alter their strategy to optimize for competitor strategy.
very true, that doesn't make much sense either but it might be the lesser of two evils...
I agree with you on that one, it feels a little dumb some times knowing a post will be popular but there are many others thinking the same, let's wait for 25-30 minutes, then boom bots appear.
But then again, with more users, and same rules, people will start making bots to trigger at 29 minutes instead, or 28, or like many right now already are doing to support the author more, they upvote on 15 minutes and share curation rewards. Some users do it before 15 minutes, while I bet many are already making bots to do the same.
In the end it won't matter too much I think, with more users and SteemPower in more users wallets, people will distinguish bot upvotes from user upvotes and choose what to reward themselves thus creating 2 groups of voters.
Or the rules will just be adjusted over time and come up with something better, thats what's so awesome about open-source. :)