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RE: Steemit 2018 Power Up Project Streak Extended: 6 in a Row!

in #steemit7 years ago

This would not be a good strategy right now, because SBD are high... meaning you would get more SBD's than you would Steem, and you could use these SBD's to buy more Steem, than powering up alone.

To give you, and anyone else here an example, in case this doesn't make too much sense.

Lets say for the sake of simplicity that a final payout was supposed to be on a 50/50 5 Steem - 5 SBD (its never this easy, but this is an example)

If the valuation of SBD vs Steem is 1.3 (its currently around there right now) you could get 6.5 Steem for your 5 SBD.

In other words, doing a full power up would cost you 1.5 Steem, or in today's prices $9.75 USD approx. That is a good subway meal right there...

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Not trying to be a jerk, but is any subway meal "Good?"

The last time I had subway and enjoyed it I was homeless, and that was a good two meals, considering I was a dumpster scavenger.

You make a very good point hahah a... I don't love subway, but it saves the day every now and then, when I'm super hungry and home is too far away...

I can respect that, for sure. It just threw me off seeing "good" and "subway" in the same sentence.