How lucrative is @Randowhale?
So. Let's do some math.
@Randowhale has 650K steem (power)., which would cost you 650k STEEM =1.3M USD to get.
People vote 2500 times a day for 2 STEEM each.
So that is 5K STEEM a day (10.000 USD)
So return on investment is 120days, although that will be significantly shortened by curation rewards and VESTS increase I would guess.
So if you have a million or so lying around and don't mind the risk of investing in steem, it is quite a good investment...
Happy to take any comments on the math, possibly i got something wrong.
I am wondering if I will get a free @Randowhale vote out of this :) hahahahaha... keep on voting Rando!!!
That is pretty wild when you think about it.
Sometimes risks pay of big time
Sounds like a great deal of fun.
What ppl pay @randowhale for an upvote is $2SBD, not 2SP. But yes, 5KSBD is about $10,000US. This is a pretty good amount of money. I wonder how @randowhale utilize those SBD. Convert them back to SP so that the SP pool gains more power over time? Or cash out a little bit everyday just to keep the profit?
Thanks for marking the typo on SP. I corrected it :)
Most of the money it is cashed out to an account called @randowhalefund. You can just open up the wallet of both accounts (or look at steemdb.com) and see all transactions.
You are correct about that... this is a good investment... upvoted for you...
yes !!!! make me a @randowhale2 !!!! :P hahahaha
It's definitely worth investing in Steem. We have to invest now.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by cantribute from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
Thanks for your calculations. I would like to use this approach to save the forest in Cameroon.
I would like to inform you that I have been activated (1. level) to plant trees.
USE ME and plant with me.
0.1 – 0.5 STEEM/SBD transferred to @treeplanter + link of post in memo = upvote approx. 1.5 times your donation.
Each $1 = 1 TREE PLANTED IN CAMEROON.
Thanks a lot!