The amount next to your post or comment is not the exact amount you get. To make things easiest to explain; lets assume that the comment you posted goes to 13.00. You get 75% of that back for being author. 13*.75=9.75 in payouts that belong to you. Next we divide that in half. So you would get 4.87 in SBD and 4.87 to allot to Steem. When the system rewards you in steem it does it at market price. So you would get 1.0xx Steem for your 4.87 at current market price(4.06 USD per steem). If the price of steem goes down to 2USD per steem then you would get 2 Steem for the same payout. If steem goes to 8 USD you would only get .5 Steem for same content. Us new folks benefit from low steem and high SBD. Hope this helps clarify.
RE: STEEM and SBD are coming down... Hint: its a good thing for us newbies
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STEEM and SBD are coming down... Hint: its a good thing for us newbies
Excelente explicación. Gracias, Albert. Pero, sigo como un poco tapado.
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ok cool, thanx for the explanation.
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It was my understanding that you were paid the SBD in amount pegged to $1. So if the author reward was $1, you would get 1 SBD even if the price of SBD were $5.
Is there a place where this information is listed?
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They split the author reward 50/50. 50% you get at as a 1:1 exchange for SBD. 50% is allocated in steem which is purchased at market price. Steem.supply/@yourusername gives the current price of both. So @themanwithnoname in your example of 1$ you would get 0.50 SBD and around .125 SP at current price of steem.
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Brain fart. Yes, I knew that half was paid out in SBD and half was SP. I didn't know why the SP amount wasn't .5. It's because that part is based on the current price of Steem. You're getting $0.50 worth of Steem.
The cool thing is that you still get 0.50 SBD which at today's rates is actually 1+ Steem if you exchange it. That is why it doesn't make sense to have "powered up" articles right now.
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yes... exactly... and why it also makes sense to use the services like @bumper @earthnation-bot and @lila-wish-genie... they guarantee a return of your money by being 3x or higher which means after curation you will get your SBD back, plus extra steem and sbd for your effort... the only issue that can hurt you is if STEEM and SBD drop a lot in a short period (but since that is what you want for the long haul its something to cheer).
I had a couple of bad days a few days ago, but it really got good the 3 days after that.
I fill my limit of 3 x 0.50 on bumper every day
0.20 on lila-wish-genie
0.05 on earthnation-bot
all are no brainers to me
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thanks for the help... jump in anytime.. I can't always get to it quickly and you have it down cold! :)
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@royaleagle has this down... did you understand? Essentially it a tough concept to initially get your head around, but when you do then you realize you want 2 things to happen... 1 STEEM to go lower and 2 SBD to STEEM RATIO to wide (higher SBD to lower STEEM is the best)...
I will be writing an article about it soon...but royaleagle has it right
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