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RE: 4 Years From Today You'll Have Over $150,000 US - Worst Case Scenario - If You Keep Posting, Commenting and Curating Daily

in #steemit8 years ago

The shortest answer to your question is if you keep your earnings in Steem Power and not withdrawing it during following 4 years, you earn 0.6% daily interest on the amount you keep in Steem Power.

That means, the amount I received (which shocked me too, BTW) is not the pure product of 0.100 x 1462 days = 146.20 Steem Power.

It's 0.100 SP daily + compound daily interest of 0.6% for the total amount kept in Steem Power.

Take a look at the above article again, under the "All the rest is pure mathematics!" paragraph and see Day 9 and Day 10 again. I explained that there, but it apparently slipped aside from your attention for some reason.

Never the less, I will explain that in more detail in my next article, as you are not the only one who was confused with that part. 🙂
So, stay tuned! 😉

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Yes i did miss the part with the daily interest of 0.6% for the total amount keept in Steem Power. This is crazy honest to be... crazy in a good way don't get me wrong. As i told you i am new here and slowly slowly learning about all this "technical things". Well keep the blogs coming as i am following you!


I'll try to post ASAP although my real life obligations are squeezing my Steemit time heavily, lately.Thank you, @georgemales! - And yes, this is crazy good! 😁

You are welcome! Don't worry my real life obligations are doing the same thing when it comes to Steemit and spending time here... but looks like i always find some time to post! :)

LOL - Then you are better than me! 🙂