okay... if STEEM was at $0.50, I would get 0.75 SP on a $1.00 post. Now, comparing that with a 0.089 SP outcome when STEEM price was at $4.21, growth rate equals...
calculating...
wow... a whooping 842.7% increase in growth rate!
Tell me I'm right
You are viewing a single comment's thread from:
$4.21 price of STEEM = 0.089 SP
1.00 x .75 = 0.75 /2 = 0.375 SBD
1.00 x .75 = 0.75/2 = 0.375/4.21 (current price of steem) = 0.089 SP
$0.50 price of STEEM = 0.75 SP
1.00 x .75 = 0.75 /2 = 0.375 SBD
1.00 x .75 = 0.75/2 = 0.375/0.50 (0.50 price of steem) = 0.75 SP
Yes you are exactly right.
Now would you like the price to go higher or lower?
Aww yes!.....definitely lower haha!
so when you are worth millions of dollars of steem then maybe you will want it to go up. but until then, you will want to get as much as possible so you always get more if it is lower.
did I help you understand that?
yes you did @davemccoy thanks!