What's a post worth in USD right now?

in #crypto7 years ago (edited)

For right now here's the tl:dr: Take your post payout listed on steemit.com and multiply by 5.5. That will tell you how many USD worth of Steem and SBD you're going to get for your post at the time of payout. If you multiply by 5 this will give you a rough estimate of what it's worth in liquid rewards.

Here's the deal

When you look at a post and see the value that's not actually USD (even though there is a dollar sign there). That number references post rewards, which is a combination of SBDs and SP that are going to be rewarded by the blockchain. It's pretty complicated how it works so I thought I'd break it down for you so that'd you know what a post is worth.

I'm going to take my last post to payout as an example: https://steemit.com/mspwaves/@aggroed/minnow-mayor-town-hall-live-in-90-min

The post payout was 142.01. I'm going to call the units here Pay (post payout)

As the author I received 113.79Pay.
As curators folks received 28.22Pay

From those author rewards due to conversions in the system those 113.79 Pay turn into 56.895 SBD and 33.448 Steem Power.

(you'll notice that SBD is at exactly 50% of Pay is dolled out as SBD rewards, "Rewards" when you post initially says 50/50 but conversions set by the witnesses distort it from that)

SBDs are worth $12.8 USD at the time of writing this. SP is worth 1.8.

So, from SBD I earned $728 USD. From SP I earned $60USD. For a grand total of $788.46.

So, if you're looking for a fast way to figure out what it's worth to you in USD simply take the post reward shown on the post and multiply by 5.5 and that will tell you roughly how much it's worth in USD (this number is undergoing a lot of change right now because SBDs and Steem values are bouncing a lot). If you want to know what the liquid portion is worth just multiply post reards by 5.

Here's a spreadsheet to help you see the USD value of a post when it pays out will be

https://docs.google.com/spreadsheets/d/18FOyy7ngm5Ar-7TWyaW0b46SYYFX4gqZgQhLZ7YlagY/edit?usp=sharing

This thing is subject to change so don't take this as certain forever. Edit. It would also seem that people like to edit google sheets to the point they are unusable...

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Steem dollar is worth more than it used to be, the only problem is how long it is going to last. Hopefully forever :)

Hopefully steem dollar will last forever my friend. so that people would be very happy to have it. Merry Christmas in advance.

Steemit!!

This is something I was looking for.Thanks for sharing

Holy Moly. I am not doing math right now. I am posting like crazy to get more sbd. This is shocking. I am really a weight loss and social media blogger here to take advantage of the alexa ranking, sell books, spread my message etc.

But now???

Oh my goodness. Let me just post another post and a few more comments and then sleep and get up and keep doing it. I can't believe my luck to be here.

Thank you for the calculation. It will make me happier as I work.

I am little here, but I do have one post coming with $50+ payout on it right now. I am so happy. I live in Thailand because I love it, but I am here because it is cheap. This is a miracle.

I live in thailand too! -

Imagine making an extra $20 a day on here? wooohooo!

Trust me - I am completely beside myself now. My rent and bills are $300 a month. I am posting as fast as I can!

I'm in bkk out by mrt sutthisan. How about you?

Near Udon thani at the moment.(north).

I have lived in various parts- on and off, since '93 ish.

( I now have 25 thai words in my vocabulary. lol )

You and me both! I can grunt in Thai and they think I can talk. But grunting and ten other words are it. I feel like such a loser. So glad to meet another one.

I was living outside of Amphoe Pehn last year for a few months. What a fantastic spot. I would definitely go back. All I need in life is wifi, healthy food and peace and quiet. I sure got it up there with the cow for my neighbor lol. Lucky you. You are now a very rich man in your part of the world :)

losers of the world unite!

I'm not a rich man in any part of the world! lol

Keep posting and you will be! This is a wild ride.

it's magic, yo

money.gif

It really is amazing at this time! The value has shot yo. I still have no idea why SBD which is supposed to be tied to the USD is at such high levels!

Wow, it looks like I am going to get $200 for this post which for me is an all time high for me. It says $36.

Steem and SBD are now more strengthen, good for the community

you are right :) , sbd and steem now beautiful :)

Thanks for doing the math. Steemit never fails to bring out the best in people who care.

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