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RE: Million Dollar Challenge #2 : How to use the XLS-file
Great. Thanks for responding by providing the details. That makes sense to split votes across the whole day. I have created an excel where in you can key in initial amount & interest rate and it calculates the compounding interest and the total amount for 7 years (2555 days approx). My charged upvote seems to be 7c for now it seems.
Cheers!!!
How many USD and Steem do you see after 7 years? What daily interest rate are you calculating with?
Assuming 100$ is the account balance in SP;
Interest 0.4/day returns 1003249.98$ in 2309days i.e. 6.32years
Interest 0.8/day returns 1000864.11$ in 1157days i.e. 3.16years
If any future hardfork raises the current interest to 4times then
Interest 1.6/day (0.4*4) returns 1012148.691$ in 582days i.e. 1.59years
Here is the link to the file which could come handy;
https://ufile.io/el4zi
(above file URL will expire in 30 days)
Let me know if you have any suggestions. Thanks.
Will check it out. Basically confirms what I have been saying all along. Just stay with it, sooner or later either steemit will collapse, or you have caboodle on your account.