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RE: SBI - Member Upvotes Drive Sustainability
Signed up a friend. Just checking with you guys. I was wondering if I get another share of votes?
Signed up a friend. Just checking with you guys. I was wondering if I get another share of votes?
As you sponsor more people, the upvotes that you receive will grow. You're currently in pool 3, so your upvotes are coming from @sbi3.
So I keep spending 1 SBD and for you to make money with only a single vote? And one that's not reliable? And you want me to sponsor more people? If your vote you gave me was worth something I can see it. But 1% of nothing is wrong. And when I have 2 shares in this project?
I want my SBD back. I want to opt out! And yeah go ahead and keep your votes if all you are is a leach sucking off the hard work of people.
I took your work on faith. And seeing the scam in action? Yeah. Not happy or interested.
Edit... Seems I need to vote you to make this work. I'll try this on auto-vote and see what happens. But I'm much more wary of this.
Thanks for giving us another chance. The upvoting bonus can take some time to build up before it becomes noticeable, but it will help you over time.
I would like to respond to your other comments.
According to Steemworld, you have received 19 1% upvotes from @sbi3 in the last 7 days. That's equivalent to a 19% upvote, which is currently worth 0.07 (yes, it shows 0.08 but I went with 0.07 to ensure that any rounding in the following calculations goes in your favor). It doesn't look like much on your posts because of your posting frequency.
source: https://steemworld.org/@sbi3
We currently upvote every member at 19 minutes, which means we give up 37% of our potential curation reward by voting early. That means that you keep 84% of every upvote that we give you.
If you post at 50/50, your 0.07 weekly is $0.029 worth of Steem and 0.029 SBD. At this moment, Steem is worth $2.50 and SBD is worth $2.79. So your weekly rewards are worth $0.11. And your friend gets a similar reward.
source: https://coinmarketcap.com/
At $0.11 per week, and $2.50 for STEEM (not SBD - we are very clear in every update that the enrollment fee is STEEM. If you choose to enroll using SBD, we accept it at our discretion), it would take you 22.75 weeks to completely recuperate the cost of your entire enrollment... Whether you post 1000 times or 23 times in that time period is entirely up to you. If a 228% annual return is a scam, your standards are too high.
We can point you to calculation breakdowns some of our members have done, which come to the same results. Our original goal is for every member to recuperate the entire cost of their enrollment within 6 months. Since you have 2 shares (one was gifted to you) the current time for full return on investment is actually 44.5 weeks. With STEEM and SBD in a slump, we sacrifice some short-term reward for long-term sustainability.
Obviously this analysis is dependent on relationships between STEEM price, SBD price, and USD - which are factors entirely outside our control. In addition, we rely a lot on leased delegation to deliver these returns. If the delegation market were to break down, we would cut down on the leased amount and the returns (relative to original enrollment fee) would decline. This is one reason why we don't promise any particular level of return; instead we promise a fair share of the voting power of the pool, and then we keep the voting power consistent relative to the number of shares.
Yeah so I'm at 2 shares then? And didn't see the sbi votes for a bit
And I get a 1% vote from sbi3... So I don't really get a vote worth anything. But you get curation on everything I post? So your making money off of me and giving me next to nothing? How is this fair? And if I have 2 shares? And only get one 1% vote from an account with no sp?
So not really seeing anything but a leech growing off me Content.
What actual service is this providing for me after I spent 1 SBD? I have to do what 1000 posts for a return?
Sorry but this when I actually have seen it is making me less than happy. I'd rather give a friend that 1 SBD.