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RE: @tipu Profitability Check - 09.07.2018

in #steemit6 years ago

I think you misunderstood some parts of the delegation system. The differences between the different days shown above are because of the steem price which is going up and down. If it rises the % will rise and if the steem prize goes down it will go down a bit.

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Thanks for trying to help, but that explanation doesn't make sense. I believe the reason is something different.

Ok how can I explain it hmmm
Let me explain it with an example. Tipu gives out 100% of the sbd it gets for the upvotes. Lets asume there is only one who delegates and that tipu upvotes for 200% of the sended sbd:
Poeple are buying upvotes for 100sbd for that day and tipu upvotes for 200$ until it reaches the vote% limit and cant upvote anymore.The delegator gets 100% of the sbd so he gets 100sbd.
If the steem prize rises so does the vote amount do, so that tipu can upvote more until it reaches the vote% limit and cant upvote anymore. The more tipu can vote the more sbd will be earned.

You dont get a fixed apr for a delegation time, it just depends on the steem prize and the amount tipu upvotes for.

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Okay here is the problem. We certainly were not on the same page. I though delegation comes like a package, like an 18 days package or 36 days package etc, which seems like it's not. And no one can actually say how much APR they're going to give. The rate shown here is essentially the avg of ''Last'' 6, 10, 18 and 36 days. tipU can't say how much APR they'll be able to give for ''next'' 36 days as the price fluctuates.

So clearly, you misunderstood my problem and what made me ask that question. And I definitely misunderstood the system a bit and maybe still need to learn more. Thanks for your time anyway.

Confirming that you can delegate as long as you want, but note that recalling a delegation takes 7 days although the account you sent it to will lose it immediately. During this time the delegated amount is in a holding limbo where no one gets to play with it.
Also be sure to not delegate so much that you can't perform actions like undelegating.
The APR and times are strictly for performance review. An x and y axis.

Anyway, you can delegate for as long as you want and the payouts will be made as long as delegation is active :)

Correct me if I'm wrong, but I don't think the APR is based on SBD/Steem price either. Wouldn't it be based on how much people used the bots and then the bots disbursement rate of that received amount? Price fluctuations would indeed change the voting value of the bots, but afaik affect all bots proportionally to their SP.
So say if people decided to boycott one of the voting bots and their activity dropped to 0 then the APR would also drop to 0.
Likewise it's true that it's not predictable, only helpful as a benchmark of past results. With delegation you're picking your pony and so far tipu has been a steady bet.

So say if people decided to boycott one of the voting bots and their activity dropped to 0 then the APR would also drop to 0.

Yep. But the STEEM/SBD price still matters because it determines the vote value and some services are more profitable for vote buyers and some less. Also the important factor is how much in fees the services takes.