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RE: YOU MAY WANT TO CHECK YOUR STEEMIT WALLET PAYOUTS NOW

in #steemit8 years ago (edited)

You were paid in SBD and Steem Power. If you're going to look into Steem Internal Market here: https://steemit.com/market you will see that at the moment the value of Steem Power is $2.984925 so the Steem Power value you see in the payment it's the value in the market at the moment of payout.

Payouts

When a post is receives a payout it takes the form of 50% STEEM backed dollars, SBD, and 50% vesting STEEM.

You can find more interesting details here:
https://steem.io/getinvolved/posting-rewards/

Late edit (i'm sorry):

I do not know if the founders , which I believe are @dan and @ned know about this

You can be absolutely sure they know about this, they programmed it that way.

I would also like to suggest there be a way to contact someone with problems like this.

Just do a post with the issue, there will be always someone to answer. But I'll recommend you to read first some docs and, why not, the whitepaper (I strongly recommend to start with the whitepaper).

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The rate used in the steem wallet are not the open market rates, steem wallet says it uses a trailing average

There is a disclaimer at the end of the rewards section:

Disclaimer
Any numbers or equations presented above are notional and may contain errors. The actual rewards are defined the by the open source software. It is your responsiblity to review the code or hire someone to review it for you.

I disagree the price of sbd and steem on bittrex at the time of @halo first payout and @halo last payout are almost the same so I don't see how it could be 35% less on her last one and 31% more on her first.

Who said anything about bittrex ?
When her first post payout recurred she received

halo author reward: 0.765 SBD and 0.008M VESTS for @halo/hi-i-m-halo
10 days ago

Please observe that the Steem value were about same with the SBD value.
That was her first payment at a market value of 0.0035 BTC (converted in USD at the BTC-USD for that moment).
Total payment for the first post

total_payout_value 4.341 SBD

was split between multiple payments of different market value for steem.

As the Steem market value is increasing, and thinking that 1 SBD ~ 1 USD (maybe a bit more) and Steem market value at this moment is $3.85 please do the math for yourself.

So again please read and try to understand before disagreeing.

Edit: please try to vest now some SBD to Steem Power and see the rate of conversion.

Or I might be wrong, please someone correct me if so. :)

OMG. I quit.

$55.15 her payout should have looked like this.
27.575 in steem dollars and 27.575 in steem power

What is the value of Steem in Steem Dollars ?
Answer yourself to this question and the enlightenment will come upon you.

Edit:
From the well read white paper:

The terms of the convertible note allow the holder to convert to the backing token with a minimum notice at the fair market price of the token

As per your "pertinent" comment:

people need answers from the founders , not from people on here who may or may not be trustworthy or even know what they are talking about

let me answer it like this:
The founders have added everything a common user needs to know in the white paper and release documents and in the source code. You can find the answer to all of your questions there.

You cannot see that in the source code then:

It is your responsiblity to review the code or hire someone to review it for you.

No piece of paper can be folded in half more than eight times by human hands.

I have read and understand what you are saying and I still disagree. I have read the white paper and I do not see anywhere in there about what you are saying. In my opinion everyone here replying to @halo post about this is just guessing me included. That said I still disagree with what you are saying in my eyes if her last post was supposed to be paid $55.15 her payout should have looked like this.
27.575 in steem dollars and 27.575 in steem power . I believe the market value is already figured in to the payout before it is payed out. I watch the price of peoples payouts fluctuate when there is no voting taking place to change it. And your comment about just ask someone on here for an answer is not subpar , people need answers from the founders , not from people on here who may or may not be trustworthy or even know what they are talking about.

so you tell me what was the value of steem in dollars on her first post and what was the value of steem in dollars on her last post. and you tell me why the first post was payout closer to 50 50 ratio and the last payout was not close at all

@razorwave8 please do your own research in the market. This way you'll understand better.

I have and I come up with they are about the same price at both payouts that is why I don't agree with what you are saying , you may be right , you yourself even said you may be wrong . I am just trying to get the correct answer for sure and this is exactly why they need to have a way to contact them everyone on here has an opinion and who's opinion is correct im not saying I am correct , I am just saying I come up with the value being almost the same on both post and one was paid 35% less and one was paid 31% more , one was paid at a ratio of amost 50 50 and the other was pad out no were close to 50 50

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