RE: Delegate SP to @randowhale the OG insta-vote bot and receive SBD!

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Delegate SP to @randowhale the OG insta-vote bot and receive SBD!

in steem •  7 years ago 

You're welcome. It does assume perfect management and semi-consistent capture of upvote value. In practice I think the ROI would be much slower. I delegated 100 SP at the time we started our conversation and have had one payout that implies a much slower ROI.
I will give it some time and see how it goes, but the ROI I got from delegation to @msp-bidbot the same day was 3x as much.

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So my model is incorrect as it isn't paid out by curation but rather by payments.Anyways I have delegated 100 SP and receive an average of around 0.063 SBD (right now) which puts the expected time until I make an equitable amount of money in ~819 days. Since 100SP is roughly 0.013% that means that there is roughly 769230.769 SP delegated to him. Meaning if you delegated exactly that much (and got 50% of the profits) it would take you nearly 2000 days (not payout periods) to get your money back. I know these are rough estimates based upon ~36 hours of data but still.

Yeah, that's why I said in practice the ROI would be much slower. I didn't realize you were actually considering it, or I would have shared more of my data. that 0.063 is actually one of the higher payments I have received. 819 days to payout is fine by normal business standards, but that's an eternity in crypto.

I should have used the data from you, and honestly I have more than enough SP to do what I want to do and still be able to invest the rest. Since the payout is every 12 hours I am getting more from this than I would from curation form upvoting other posts.

Since the payout is every 12 hours

I had missed this part. If this is the case, it's actually doing better than I thought.

I am getting more from this than I would from curation form upvoting other posts.

Especially since curation only pays out in SP, and the real value in post rewards right now is the SBD side.

Well we do not know exactly how his system works.