I wonder why this thing doesn't exist. Or maybe it exists but people don't talk about it.
So on steemit, you can create a post. And then you can pay bots to upvote your post. Because of the way steemit works, those votes earn rewards which sometimes are immediately profitable.
(And then let's not talk about the chance that you get trending and earn rewards from random people seeing your thing and liking it organically.)
An example: let's say you pay 50 STEEM to a bot to promote a post, and then that bot upvotes it to earn $55 in STEEM rewards back (at 75% curation). That's a 10% profit at the end of the day.
So...
Why isn't there a bot that automatically monitors the SteemIt bots, waits until the last 60 seconds, and then bids on the vote only if it's profitable?
A "guaranteed profit" voter. Then that bot can just let the unprofitable ones pass until maybe in the middle of the night when they're profitable.
I mean, it seems so obvious. If there's $2 profit to be made every 2.5 hours, someone should automate that. It's like $20 per day on autopilot.
Of course, as soon as someone does this, it's means the profit goes away. Online automated arbitrage only lasts briefly.
Just a thought.