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RE: 4 Years From Today You'll Have Over $150,000 US - Worst Case Scenario - If You Keep Posting, Commenting and Curating Daily

in #steemit7 years ago

Dear @troyvandeventer, you must be mixing something as this what I'm talking about doesn't have anything to do with our Steem Dollars or even less with our Savings (that you showed from your Wallet screenshot).

But, I will tell you right away how you may check what I'm talking about.

I would just kindly ask you NOT to Redeem any new rewards that would come your way in next 24 hours (just to be able to see it even better).
Although it could already be seen. 😉

Your screenshot shows (at the time of taking it, what was 2 hours ago) that you have 211.208 Steem Power.
Now, when I checked it already raised and current stats are 211.209 SP (0.001 more than 2 hours ago, having in mind that you didn't redeem anything in the meantime, what is also very important to prove my case).

So, your current total is 211.209 SP and I checked that at 10:15 pm (UTC+2).

If you are not going to redeem any new rewards for the next 24 hours (just leave them in that greeny box for that time) - you will see that, tomorrow at exact same time (10:15 pm (UTC+2) - your SP wallet would be in total of 212.476 SP.
In other words, 1.267 Steem Power more than you are currently holding.
What is exactly 0.6% daily interest that we receive for keeping our earnings in Steem Power.

If you agree to participate in this proving/checking experiment, and tomorrow after the 24 hours pass, you are going to Redeem for the first time your (in the meantime accumulated) rewards it would be added to your new 212.476 SP total, and day after tomorrow evening your SP interest would show additional 0.6% interest calculated on (212.476 + Redeemed amount).

I hope this would clarify to you the whole thing. 🙂

Sort:  

Thanks for the clarification.

Any time! Glad if it helped! 🙂

Hey @ana-maria, looks like this calculation has a flaw somewhere. It is more than 24 hours after posting that comment so as per your opinion @troyvandeventer's SP should have been 212.476 but it is currently 211.224 only. It surely has increased but not by the rate of 0.6%. What's your take on this?

Yes, you are right. The rate of 0.6% is not valid anymore, and it turned out it was only for few first months upon launch of the platform. Not to repeat myself all over again, please take a look at my Follow Up Post.

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