RE: Beyond the Bitcoin Hysteria - A Look at the Underlying Blockchain Technology

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Beyond the Bitcoin Hysteria - A Look at the Underlying Blockchain Technology

in bitcoin •  7 years ago 

You just lost 70 SBD ~ $420 on promoting this post, congrats.

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Please explain this to me.
This is in USD dollars the system sees SBD as $1

I am not including the 25% for curation but check this out.

50/50 split is 120.5
Now that is 120.50 SBDS now if you convert it to current market value you would get $821.81 Please tell me how I lost.

u will get 37.5% in sbd, 37.5% * 240 = 90 SBD

u spent 160 SBD on promo so u down 70.

Never make bids for like 90SBD oO.

All round goes to trash and everybody who bid loses money because you overbid.

I lost as well thanks to your bid - not that much luckily.

Ok, what can also happen is during next couple day Steem price increase to 11$ (not likely), then you will be even.