RE: @tipU STEEM POWER Delegation Profitability Check - 10.08.2018

[tipu]

Hi @improv! Here is your @tipU service user data:

• deposit for sending tips and @tipU upvotes: 0.0 SBD
• delegation status: 500.0 STEEM POWER delegated
• investment status: 71.666 STEEM POWER invested: 0.029 STEEM and 72.787 SBD
• pending payout: 0.218 SBD + 0.021 STEEM, next scheduled payout in: 5 hours
• total @tipU STEEM POWER: 836479 | Your share: 0.0683% | Your reinvest ratio: 100%
• voting status: active, profit will be increased with each vote :)
• Profitability: 0.453 SBD + 0.036 STEEM (0.51 USD) per 1k SP delegated or invested, APR: 17.62% (data from yesterday)

Comments

[improv]

@tipu: status

[tipu]

Hi @improv! Here is your @tipU service user data:

• deposit for sending tips and @tipU upvotes: 0.0 SBD
• delegation status: 500.0 STEEM POWER delegated
• investment status: 0.826 STEEM POWER invested: 0 STEEM and 1.0 SBD
• pending payout: 0.064 SBD + 0.019 STEEM, next scheduled payout in: 20 hours
• total @tipU STEEM POWER: 842574 | Your share: 0.0594% | Your reinvest ratio: 100%
• voting status: active, profit will be increased with each vote :)
• Profitability: 0.42 SBD + 0.033 STEEM (0.4 USD) per 1k SP delegated or invested, APR: 13.86% (data from yesterday)

[improv]

So... SBD is worth more than SP right now, why does 1 SBD equate to less than 1 SP, @cardboard?

[tipu]

SBD price: 0.$99
STEEM price: $0.96

I do not set the prices, sorry.

https://steemit.com/market
https://www.livecoinwatch.com/price/Steem-STEEM

[improv]

No, that's my point exactly. The SBD price is above the steem price, so for one SBD, I should get more than 1 STEEM. @cardboard

You sassy-pants, check your math ;P

[improv]

FYI, not trying to throw shade, I like @tipu, I just think there must be a bug now that steem is worth less than sbd. That should mean that an investment of sbd should give me more sp than the number of sbd I invest.

[cardboard]

Aye, the STEEM price is taken from STEEM blockchain (internal price) which is a 3-day moving avarage. Yoy can check it here: https://steemblockexplorer.com/

Im not yet sure if I should use STEEM price from exchange as STEEM blockchain calculates the upvote profit from internal price, not exchanges.

[improv]

Right... But the prices you posted are sbd 99 cents and steem 96 sense. 99/96=~1.03... so for every sbd I invest, it should calculate 1.03 sp invested. Instead, as you see above, it was 80-odd cents of sp... Do you see my reason for thinking it's wrong?

Posted using Partiko Android

[improv]

Unless, are you saying that there was some weird spike recently that sent SBD value down far enough to throw off the whole average (or STEEM up far enough?)

Because the day before, when STEEM was 1.03 and SBD was 1.02, I invested 1 SBD and got .99 STEEM, which is right, and far closer to what even right now is right than .82!

Do you see why I think there's a bug? @cardboard @tipu