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RE: Sorting out the values of Steem
So basically it's best for the price of both steem and SBD to stay as low as possible for us to earn the most.
So basically it's best for the price of both steem and SBD to stay as low as possible for us to earn the most.
Actually, with a low Steem price and a high SBD, one would do really well because trading the SBD at the assumed value of $1 USD when earned is then sold for more Steem and thus more SP. I should have done an example of that on the spreadsheet so it's easier to see.
I believe you can r-click the image to open it in its full size to see it better.
Using the same $2 pay-out, it would break down into a dollar worth of SBD and a dollar worth of SP. However, when you sell that 1 SBD, you can buy 6 Steem with it! 6 Steem converted to SP = 6 SP. Plus the one SP given as SP, grants you a total of 7 SP for your $2 earning!
Not all that long ago we saw something like this when the SBD was worth several times what Steem was worth. I believe it was 5x or something close to that. It only stayed that way for a few hours and then receded over a number of days.