RE: You Would Be Insane Not To Power Up Right Now + HF19 Mindset Shift

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You Would Be Insane Not To Power Up Right Now + HF19 Mindset Shift

in hf19 •  7 years ago  (edited)

when you get 100% in SP, it takes the total amount and calculate it with the price of STEEM on the market. Let's say $2. Now if you take 50/50, it will do the same but then you can buy the STEEM at 1.47 instead. ( you increase your acquisition by 16%)

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This is super helpful. Thank you for the breakdown.

  ·  7 years ago (edited)

Ok, tell me what Im counting wrong

image

STEEM = $2
You have a post with $100 rewards

Scenario 1:
100% => 50 Steem in SP

Scenario 2:
25 Steem in SP ($50 worth)
$50 SBD (You can buy 34Steem because they are at 1.46)

Under scenario 2 you end up with 58 Steem rather than 50.

I get your logic...

Just seems to me my posts do much better when i hit 100%.

Would you confirm?

it may be the time of day that you post or any other factor.

  ·  7 years ago (edited)

But... would your SBD be worth that 50 dollars even it´s worth less on the market? Would you then get more sbd as a payout?

SBD contract is worth $1 worth of Steem in the payout system. But on the market SBD is worth more than a dollar. At this moment, it is trading at a premium of $1.51 worth of Steem. So take that SBD while it's worth more than a dollar.

Thank you for your time Sir!