2k auction results, and thoughts on delegation price

in #delegation7 years ago (edited)

Congrats on my 2k auction winners:

Lot 1: 42 SBD @zeartul
Lot 2: 36 SBD @cerebralace

Feel the power you two! You've both got 2K delegated power for one week.


(screenshot from Big Trouble in Little China)

Ok, lets look at what we learn about the price. Let's average those two prices of 2k: 39 SBD .

The price of steem ranged from 1.58$ to 1.80$ during the action. We'll average that to 1.69$ .

It would be best to price delegation in Steem, rather than SBD (even if I still want to receive SBD for delegation.)

39 SBD is about 49.14 USD or about 29 Steem.

Conclusion: For now, 2K rental of SP for one week is worth around 29 Steem.

If the price of Steem goes up or down, I'll be able to scale the price accordingly. Warning! there may be other economic factors the affect the price, supply and demand, the value of SBD, my mood for the day, etc.

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The Knight of Nightingale was the amazing story ever.
There are no witnesses that can tell the truth story.

I'm missing all the action here. 29 Steem sounds reasonable. Steem On!

Thank you very much @neoxian - this was such an awesome auction and I'm so glad to have participated and won one of the lots! Congrats @zeartul on the well deserved win on Lot 1!

Awesome Ace. Congrats on this.

Thanks Dev my friend!

You're welcome!

So manymany bright idea of neoxian. Congrats to winners!☺

Congratulations to you, it is a beautiful operation that you realized there. I will follow you because you are a very intelligent person.

Congratulations to the winners! It's a fair cost

Congrats to both winners. Thanks for the post.

Thanks again Sir. Appreciate these auctions. Hope to catch the next one.

I guess the price is more than fair if those who won have a plan on how they would most utilize the new found power :)

Enjoy it ^_^

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