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RE: Officially SBD price is lower than steem ; at market

in #market7 years ago

I think people are unlikely to do 100% steem posts bcuz until SBD is above 1$ and steem 5$ it's still more profitable 50%\50% rewards .

Ex : steem price now is 5$ & SBD 5$ and you have reward of 10$ after curation cut ok ;

then 50/50% reward looks like this. ...

1- 5 dollar's to steem & if (1steem = 5$ then you will get 1 steempower )

2- 5 dollar's to SBD & (on steemit SBD is pind to 1 dollar so you get 5 SBD )

So your reward looks like this ( 1 steem power + 5 SBD ) then you go to market and sell SBD for steem
Like this. 5 SBD to 5 steem .
Now you have 1 steem power & 5 steem = 6 steem power from 10$ post .
And it's still profitable like this until SBD = 1$ & steem still 5$ .
I know that some people are still converting SBD directly to steem by their wallet and missing out on this big profet !!!!

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yup, you are right. I was messing up in the mental conversions.

I did to on a 50$ payout it just hurts to remember haha