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RE: Fairer Price Calculation

in #smartsteem6 years ago

Median Price is artificially inflated due to the SBD debt rate. You're paying with 26 cents STEEM but are getting 40 cents STEEM calculated on the blockchain, which would essentially lose you money, everytime - guaranteed.

But with the new changes, of taking the real median price (without the SBD debt limit), you're getting the correct ROI, and are not losing money.

You're welcome.

PS: Read this post: https://steemit.com/witness-category/@oflyhigh/why-is-medianhistoryprice-no-longer-the-median-of-feed-price-my-investigation

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Ehhh, I am aware and I fully understand the median price mechanism and what impact it has to determine vote values. I was always under the impression that you used USD prices and not the median price feed.

I am just disappointed that it took you days, weeks to notice there was a change to the median price feed because of the SBD Debt Ratio hitting 10% ...

Positive thing is, it's now fixed for the future, it will not happen again.

Steem On!!!