Hi Dave, could you please explain what you mean by "getting almost double the amount of STEEM on each post"?
Can you give an example? Thanks!
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Hi Dave, could you please explain what you mean by "getting almost double the amount of STEEM on each post"?
Can you give an example? Thanks!
The amount next to your post or comment is not the exact amount you get. To make things easiest to explain; lets assume that the comment you posted goes to 13.00. You get 75% of that back for being author. 13*.75=9.75 in payouts that belong to you. Next we divide that in half. So you would get 4.87 in SBD and 4.87 to allot to Steem. When the system rewards you in steem it does it at market price. So you would get 1.0xx Steem for your 4.87 at current market price(4.06 USD per steem). If the price of steem goes down to 2USD per steem then you would get 2 Steem for the same payout. If steem goes to 8 USD you would only get .5 Steem for same content. Us new folks benefit from low steem and high SBD. Hope this helps clarify.
Excelente explicación. Gracias, Albert. Pero, sigo como un poco tapado.
ok cool, thanx for the explanation.
It was my understanding that you were paid the SBD in amount pegged to $1. So if the author reward was $1, you would get 1 SBD even if the price of SBD were $5.
Is there a place where this information is listed?
They split the author reward 50/50. 50% you get at as a 1:1 exchange for SBD. 50% is allocated in steem which is purchased at market price. Steem.supply/@yourusername gives the current price of both. So @themanwithnoname in your example of 1$ you would get 0.50 SBD and around .125 SP at current price of steem.
Brain fart. Yes, I knew that half was paid out in SBD and half was SP. I didn't know why the SP amount wasn't .5. It's because that part is based on the current price of Steem. You're getting $0.50 worth of Steem.
The cool thing is that you still get 0.50 SBD which at today's rates is actually 1+ Steem if you exchange it. That is why it doesn't make sense to have "powered up" articles right now.
yes... exactly... and why it also makes sense to use the services like @bumper @earthnation-bot and @lila-wish-genie... they guarantee a return of your money by being 3x or higher which means after curation you will get your SBD back, plus extra steem and sbd for your effort... the only issue that can hurt you is if STEEM and SBD drop a lot in a short period (but since that is what you want for the long haul its something to cheer).
I had a couple of bad days a few days ago, but it really got good the 3 days after that.
I fill my limit of 3 x 0.50 on bumper every day
0.20 on lila-wish-genie
0.05 on earthnation-bot
all are no brainers to me
thanks for the help... jump in anytime.. I can't always get to it quickly and you have it down cold! :)
@royaleagle has this down... did you understand? Essentially it a tough concept to initially get your head around, but when you do then you realize you want 2 things to happen... 1 STEEM to go lower and 2 SBD to STEEM RATIO to wide (higher SBD to lower STEEM is the best)...
I will be writing an article about it soon...but royaleagle has it right
Did you understand @royaleagle's answer or would you like me to explain it further?... He is right btw.
All clear, thanks Dave!
awesome... it took me longer than you to get it, so good job ;)
The best time to buy in actually. Post good content so you can start gaining some good traction. Once it stabilizes it should be worth more in the end. Since you earning STEEM and not dollar, if I'm not mistaken.
Ah, I see. Thanks for the explanation @royaleagle. Have an upvote from me :).
Eso creo que lo puedo entender, pero dónde puedo corroborar u observar eso?
not entirely sure what you mean but create good content. I'm trying different things to sharpen my skills, i'm not a writer, though I can listen and talk...which is why I started podcasting and start curating where it goes in every episodes. As for observing, just deliver something of value I suppose. Like this post from @davemccoy, an idea I would have loved to talk about but I wouldn't need to... this seems good enough and I wouldn't improve it.
keep making comments like this in the other authors posts and you will go very far. Its exactly what you need to do. "listen and talk"... the more you do it, the more people you will connect with. I'm now connected to you simply because I can tell you are genuine. I try to make a minimum of 50 genuine comments a day. That is how you get to know people and (in my opinion) how you get traction here on steemit... Its a long term platform and the relatonships are real.
Thanks for reply to @zullusex, he's a great guy who is just trying to figure this out... I've tried to help him, but I don't speak much spanish so I think I have a language barrier to helping him.
Thanx for the kind words. Figuring things out is my specialty. 50 post a day is insane though. Here I think, type, rethink, go for a two day walk, come back retype... it’s a process. Though I’m making progress.
As for the language barrier, since we online, there’s google translate. I only speak and understand English and Afrikaans (Dutch derivative) but will try my best to translate and understand what people are talking about in their native language. You never know, you might just find it interested it interesting enough that you’d be hooked in translating most of the posts and comments since most of what I’ve seen sofar are something of substance.
lol not 50 posts, but 50 comments. much different.. But I'm talking like your comment here. Its not one sentence long, but it certainly didn't take you hours either... :)
And I think that is a great point about google translate, I even browse sometimes from chrome just so I can have it auto translate for me on steemit... very cool... I have made friends in korea and russia by doing this.
Oh right, sorry, morning brain. Awake now doing my ritual. I'm not a writer so I'm starting with that notion but... doesn't mean I can't convey a message although at times it feels so. I mean I'm not a podcaster or youtuber but I certainly am working hard towards it for the last two weeks. And as for making friends, yeah I try and do the same.
Steemit is a great social media tool although it's a bit tough getting into navigating around and keeping track. I'm not spending too much time here which is what I should be doing. instead Im learning voice enhancing skills and editing skills for when I do the podcasts.
Coincido contigo, hermano. Sé que Dave es excelente maestro y tiene mucho que dar. Particularmente yo tengo mucho que agradecerle.
gracias my friend... I didn't understand much, but I do recognize its a compliment :)