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RE: [AskSteem] Can Someone Explain SteemIt Payouts?
was that the initial purpose of SBD?
Yes, it was intended to be a smart contract which would always be worth about a dollar. Obviously, that hasn't worked as well as they would've liked.
Is the dollar value listed on every post/comment suppose to be a USD representation of payout?
Yes, assuming SBDs are worth exactly $1.
Can you help me figure out why the post payout, 75 percent of approx 99 sbd only paid out approx 37.5 sbd and 9.5 sp? I had put 45 sbd into the post, and did not lose any of the bids. So how did i end up losing money?
The posts are listed in sbd, so it should have been 75 percent of 99 sbd. Im confused.
https://steemit.com/informationwar/@miss-j/trump-signals-time-limit-on-swamp-shenanigans-while-ex-cia-brennan-sends-threat-to-the-president-again