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RE: Do ALL BIDBOTS Actually Make You LOSE Money? Why Are 50/50 Payouts Not Paid In 50% SBD/50% SBD Worth Of STEEM?
Steem vs SBD bidding experiment.
okay, so I just bid a little over 15.813 steem, and got 41.39 STU. so far, it would seem like at a small 8 dollar profit. 42.11 x .75 = 31.5825
then 31.5825/2 = 15.79125 SBD (X 3.06) (48.32 USD)
then 15.79125/3.52 = 4.486 SP (15.79 USD)
64.11 USD
unless it pays out in Steem somehow, rather than SBD.however, the post's total values for everyone seem to gradually reduce every day, until the payout, 7 days later, so any of the small profit it does have now, will likely get reduced to almost zero by the time comes to pay it out.
I will try to compare with a SBD bid tomorrow and see it side by side. We can analyze what happens to them both through the week.
how does that make sense?
