It's time for a Steem experiment. Trying new things is always a good idea right? So here is what I am planning to do.
I am spending at least the next week (maybe longer if the experiment is successful) sending a bid to @buildawhale of at least 10 Steem or SBD for one post every day. The funds being used for these bids, at least in the beginning, will come from my Power Down payouts and my current pending post payouts.
The general idea are these:
Do I garner more followers, or more people who decide to unfollow me due to my use of the bid bot?
In addition to point one, do more votes come in after the bid bot vote to increase the value of the post in question? I.e. does using the bid bot help me garner more or less votes as a whole.
Can using the Bid Bot create a self feeding loop, in which one can use the post payout from one bid bot payout to pay for the next bid bot bid while also building an account SP?
i.e. if a bid of $10 pays out at least 10 SBD plus the Steem Power portion of the payout, then you have a loopable event. That bid has bought the account more Steem Power and a new bid meaning that consistant use of the system in this way is an effective way to build an account's SP.
This last point is probably the most interesting one to me, as it could mean any account with a decent "starting stake" can build up their account on a daily basis through the use of bid bots.
Why Specifically am I using @buildawhale?
I feel it is necessary to restrict the bids to one Bot in order to have some sort of consistency in the experiment. I have spent my time in Steem watching @themarkymark build his bot and create the rules and ethics that his bot abide by. I am sure there are other Bot Owners out there who hold to some of the same principles, but I know that the general mission of @buildawhale aligns with my own views more than many, so if I am going to pick one bot to patronize, then it might as well be @buildawhale.
Results?
I'm not a big query builder or anything, so my results will be based on the eyeball test. Unless someone wants to step up and run some reports for me to give some context to the results a week from now.
I will be posting on various subjects, with various effort in the posts. There may be some memes thrown in, along with some reviews I have been writing for various events and attractions I visited in New York City a few weeks back, some crypto, and other various posts I may come up with over the course of the week. The bids will be placed at various times of the day as well. The only consistent pieces at this point are the bid of 10 Steem or SBD going to Buildawhale on 7 posts over the next 7 days.
Starting with this post. Let's see how the experiment goes shall we?!?!