Okay Okay. I get that its a loss in the short term. But buying a lease for longer period or continue to buy/renew a lease will with the extra curations come out of head.
Buying a lease is a flat fee, but getting sp is not flat, it will continue to raise
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I totally get your point, but I'm not actually sure about that either.
I mean, take my example and multiply it by 10 or even 100. For long term.
You pay 66.66 Steem per week and you're able to get back 36.1 Steem.
10 weeks would cost you 666.6 Steem, give you 361 Steem back.
This however, is only based upon 10 self-votes per day, so I haven't considered the curation rewards. But, it seems highly unlikely that you'd be able to earn 40.56 Steem in curation rewards per week, with 10K SP, on top of the earnings from your self-votes.
If you don't talk about the growth of your account, long term, and that your upvotes will be worth slightly more each week due to that growth. But that still wouldn't really change the fact of what you pay versus how much you make for the actual delegation.
I mean, I would pay 66.66 Steem per week for 10K SP, but my total SP would be up to about 15K with the extra 10K so my votes would be worth $0,20 instead of $0,14. But, I would only pay for 10K, so I can't really include the earnings from my own stake in that calculation.
Well. I get it. It makes sense. But if you gets lets say 0.1sp back from upvoting one post, thats added on top of your sp which makes your vote more powerful.
If thats stabile which it isn't and you voted 11 times a day. That gives you 1.1 sp the first day. But the second may be a bit higher.
You might earn 0.101 instead of 0.100 in curations.
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Good point. I would definitely love some in-depth calculations for something like this. I wouldn't mind leasing SP if I could turn it profitable, or at least minimize the loss to only a few percentages. Judging by the numbers I have today though, it just doesn't feel good at all. lol
And what about the token value? That it also extra money you get from the same upvotes :D
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It might be a bit hard to do, since you have to take all of the curation rewards into it and that varies from person to person even with the same amount of SP depending on who and when you vote. But it would be awesome!
I have growing @worldhelper from 0 sp to 65 sp in 62 days. Thats 1 SP per day with only 2k sp leased.
And I am doing weekly updates now to grow faster.
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Yeah... I wonder what happens after the next HF. I guess all the numbers will be totally different after that.
Sure sounds like you've been having great results so far though.
I just think its worth it in the long run.
By growing fast I need less steem to renew it the next time and so on :D
So it give me the ability on my main here, to delegate out my own SP for upvotes on posts or dividends.
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