With the SP delegations they are giving, you need to upvote yourself 10x each day for 90 days just to get back your initial investment. Not worth getting SP delegation this time in my opinion. No wonder it is not as hot as before. 4 hours in and it is not yet sold out. Whales and dolphins dont like the ratio being given.
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Thanks for the info! How did you calculate the 10 self-votes/day? When I take my SP + deleg. SP and I upvote myself 3+ times per day (at the current price of $4/STEEM) I will have my investment back easily - of course when Steem prices will drop under $4 I would need more upvotes. So from my calculation everything above 3 self-upvotes a day and higher STEEM prices will leave me in the plus - but maybe I just calculated it wrong...
Just go to steemworld.org and then type your username on address bar starting with @. And then click on simulate SP button and write the SP you get with delegation and it will show you how much your vote will be worth at 100%(calculated on current prices of steem, it can vary if steem prices go up and down). Multiply that by 10 (if upvoting 10 per day) then divide that by 2 because half payouts are paid in SBD's and half in SP. And see if you can have profit by doing a little bit of maths. Hope this helps. This is how I understand it.... :))
Thank you! I did it very similarly, but to make it more real, I would also need to subtract the SP I originally had and take the current STEEM price into calculation. What I came up with is, that from 3+ upvotes I´ll have a positive ROI - but again, since the prices are fluctuating very much, I can only hope that the STEEM price over the next 3 months will be above the current $4.
Yep just calculate on the basis of delegated SP exclude your own SP. But at the moment, it takes two and half a month to cash your investment relying on self upvotes(10 votes per day at current prices of steem). 3 votes per day is pretty less, the profit ratio will be very little and may be you just secure what you invested for getting the delegated SP on the course of 90 days of your delegation(at current prices of steem). Let me do some math for you.
At the moment, for 25 SBD you get 231 delegated SP(vote weight at 100% 0.06).
0.06 x 10 (10 i.e votes per day) = 0.6
0.6/2 (half sbd, half sp) = 0.3 sbd one day payment for 10 self upvotes.
0.3 x 90 ( 90 days delegation)=27 (2 sbd profit) calculated on current prices of steem and SBD.
At the moment, if you only think about SBD, the profit is less. But if you bring the SP you get by self upvoting in account, it is still profitable to get delegation at the current prices offered.
Wohooo! Thanks for doing some math for me! I guess, I will self-upvote more than 3 times then, but I also think, that the Steem and SBD prices will go up over the next 3 months. Thanks!
I hope too they go up soon. You're welcome.... :))
Where can I read more about self voting? Also how the community feel about people self voting themselves?
As for the community; most accept that people upvote their own posts as long as it is real content. The community is a bit more divided about upvotes on own comments.
Thanks