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RE: Bid Bots Demystified and Reasons Why You Probably Shouldn’t Be Using Them

in #curation7 years ago

This is an interesting thought, but isn't it akin to trying to time the market? You're then just using upvotes as a way of "trading" crypto. You don't really know where the market is going to go between the upvote and the payout.

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No, you didn't get what I mean. The rewards pool takes the average price of the past few days, so there is a delay. So when the market went up a lot today and yesterday but goes down tomorrow, the rewards pool will still go up tomorrow!

Gotcha. Thanks for clarifying :)