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RE: Beyond the Bitcoin Hysteria - A Look at the Underlying Blockchain Technology
Please explain this to me.
This is in USD dollars the system sees SBD as $1
I am not including the 25% for curation but check this out.
50/50 split is 120.5
Now that is 120.50 SBDS now if you convert it to current market value you would get $821.81 Please tell me how I lost.
u will get 37.5% in sbd, 37.5% * 240 = 90 SBD
u spent 160 SBD on promo so u down 70.
Never make bids for like 90SBD oO.
All round goes to trash and everybody who bid loses money because you overbid.
I lost as well thanks to your bid - not that much luckily.
Ok, what can also happen is during next couple day Steem price increase to 11$ (not likely), then you will be even.