You are viewing a single comment's thread from:

RE: 100% power up or 50-50 ???

in #steemit6 years ago

Great advice, thanks.
I might be wrong but I think there's an error.
you said:

37.5 SBD = 0.93 × 37.5 = $34.875
37.5 SP = 0.63 × 37.5 = $23.625

What I think it's happening is that to receive the SP the steemit calculates how many SP could you buy with 37.5 SBD.

Which results:

The atual price is 0.63 SP gives you 1 SBD
37.5 SBD ÷ 0.63 SP = 59.524 SP

37.5 SBD you could get 59.524 SP

So, the payout will be 37.5 SBD and 59.524 SP

Because of that I think there's no difference in which payout you select. Just if you want to cash out it fast, or if you want to invest in your SP.

Please, correct me if I'm wrong.

Sort:  

hi
if you divide 34.875 by 0.63, it will result 57.2 which is roughly what you said in SP
did you get the point?

No :s sorry
But my doubt is that there's really a considerable difference in the price since the SP amount is higher.
The conversion maybe will result in the same amount as the post payout but in different currencies.

I read very contradictory posts here.

Posted using Partiko Android

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 66543.69
ETH 3327.31
USDT 1.00
SBD 2.71