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 

But doesn't steem seem that cheap because SBD costs 1,6$? If the sbd was lower, steem would be more expensive, wouldn't it?

hf19
7 years ago by

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      ·  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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        ·  7 years ago 

      This is super helpful. Thank you for the breakdown.

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        [-]
          ·  7 years ago (edited)

        Ok, tell me what Im counting wrong

        image

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          [-]
            ·  7 years ago (edited)

          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.

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              ·  7 years ago 

            I get your logic...

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

            Would you confirm?

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              [-]
                ·  7 years ago 

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

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                [-]
                  ·  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?

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                  [-]
                    ·  7 years ago 

                  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.

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                    ·  7 years ago 

                  Thank you for your time Sir!

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