Steem Bot Tracker - Major Update Regarding SBD Prices!

in #utopian-io7 years ago

U5dswgN5GsnZwjC8TEk7tnkFxEP2wG4_1680x8400.jpg
I am happy to announce that I have just finished a major update to the Steem Bot Tracker Tool!

Broken SBD Peg Makes Things Complicated
As everyone reading this undoubtedly knows, the price of SBD has broken free of the expected peg to $1 USD and is now trading for around $12 on bittrex which is the largest SBD exchange by volume.

All the post reward values shown on steemit.com and other Steem frontends, as well as those previously shown on the Steem Bot Tracker use the assumption that 1 SBD = $1 USD. Since that is clearly not true anymore, the post reward values that are shown are confusing and misleading.

Additionally, some bots are now accepting STEEM in addition to SBDs, since STEEM has sort of switched places with SBD as far as the "stable" currency goes. All of this now makes it overly difficult to figure out how much of what currency to send to the bid bots and what your actual USD return could be.

Using USD Instead
In order to address this, the Steem Bot Tracker Website will now show all vote values and total bid values in USD using the latest price data for both STEEM and SBDs.

The Max Profitable Bid column will now show the max profitable bid available in SBDs and/or STEEM depending upon what currencies each bot accepts.
U5drrbqvQokJGySDMJ4kbDzgX24z8vz_1680x8400.jpg
In the screenshot above you can see that while it is not profitable to send SBD bids to the @postpromoter bot it is still profitable to send STEEM. This is information that was not readily available on the site before.

Pick Your Currency
If you don't want to see the values in USD - don't worry! There is a new drop down list in the settings section that lets you choose what currency you would like to see.

You can choose to view values in USD (default), SBD, STEEM, and POST REWARDS (which is what we're going to call the now incorrect and misleading way post reward values are currently displayed on steemit.com and other front-end sites)

U5drD34T5AP74HdEHMpNnrrqma1zeTa_1680x8400.jpg
Details View Updates
The vote values shown in the details view for a particular bot have also been updated to show in USD or the chosen currency in the settings. The bid amounts now show the currency used for each bid and a new column has been added to show the USD value of each bid as well.
U5duEUgC7NjBRnnDwQrYdVUtDQexPBJ_1680x8400.jpg
Vote Calculator Updates
The vote calculator now allows you to choose which currency you want to use for estimating vote values. It will now also show the USD value of the bid amount you entered based on the current conversion rate of the currency you chose, and will show the estimated vote values in USD too so you can easily compare them.

U5du7m1ALYNmK93rtcoxnnfNgs7fc7D_1680x8400.jpg
In the screenshot above you can see that a 1 SBD bid sent to @booster is worth $12.18 USD but the value of the expected upvote is only $10.78 - a clear loss. If instead you send 1 STEEM the upvote value remains the same but the USD value of the bid is now only $1.72 which is a huge gain!

More Accurate Information
As a result of these updates we feel that the tool now provides more clear and accurate information about the true value of votes and will enable even novice users to make smart bids and take advantage of the awesome opportunity presented by the increased price of SBDs!

Here are links to the relevant code commits:
Started working on currency conversions
Finished currency conversions update
Some final changes for currency update

Posted on Utopian.io - Rewarding Open Source Contributors

Sort:  

Votre post à été flaggé pour la/les causes suivantes :

  • Copié collé

Ceci est une erreur grave.
Article original : https://steemit.com/utopian-io/@yabapmatt/steem-bot-tracker-major-update-regarding-sbd-prices

Ceci n'est pas dans un but de censure, mais d' amélioration du contenu de la plateforme.
Si vous pensez que c'est une erreur ou que vous voulez simplement discuter, répondez à ce commentaire.


Merci pour votre compréhension,

Congratulations @mehdiharrazi! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
You made your First Vote
You got a First Vote
You made your First Comment
You got a First Reply
Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Encore un plagiat très très hardcore. Si tu as besoin de conseils n'hésite pas à nous contacter sur le Discord de @francosteemvotes ici --> https://discord.gg/XFGr4jG . Par contre encore une fois obligé de flag ton article c'est vraiment de l'abus un vulgaire copié collé (pied de page Utopian compris). A bientôt et @teamsteem merci de retirer ton vote de cet article c'est pas très glorieux pour un witness de voter pour du plagiat aussi vulgaire !!

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.028
BTC 76556.14
ETH 2925.60
USDT 1.00
SBD 2.61