1.) Do you live under a rock? Why isn't it possible for you to ASK WITH RESPECT?
2.) Do you understand how bid-bots work? Do you understand that every bid is a gamble? We only removed the chance of massive loss due to bidding - we didn't make it 100% profitable.
3.) You received a 10.25$ vote for 5 SBD. 75% author rewards are 7,6 STU. Out of that you will receive 3.8 SBD and 2.2 SP (based on the current price - `SP can be more or less).
That means you paid 5 SBD but will receive about 6 SBD back (STEEM converted to SBD with current rates.)
This doesn't sound like a loss to me. You made a nice profit in addition with your visibility gain.
I have no problem to answer to questions that are asked nicely even though my time is currently very, very limited, but taking shit from ungrateful people like you? No thanks.
Not sure where you're getting your math, but apparently it is not the same math that steem.supply uses for their charts. And at first you say I get 3.8 SBD. Then you say 6 SBD. Wha? Listen, I don't expect a profit, but I do expect that if I'm paying $2.44 USD for a vote that this visibility you speak of would be a bit more. I don't think you've solved the "big losses" problem with bid bots. As a matter of fact I distinctly remember being offered a guaranteed 233% to 266% ROI on steembottracker.com. It's why I started using smartmarket and smartsteem in the first place. Now I notice that that has decreased, and at the same time the minimum bid has increased to 5 SBD. That hurts. Not a nice gesture.
Hi Mike, just to let you know that figure you got from steem.supply doesn't make sense. The $10.27 value you got from steemnow is correct and if you use @therealwolf's math above you will end up with roughly 6SBD. 3.8 paid out in SBD and 2.2 in SP.
Hope that helps.
And please try to do less fingerpointing initially until you have a clear understanding.
SP is not SBD. One is liquid one is not. One is calculated using Steem, the other using USD. One benefits only the recipient, the other benefits the whole community. Unless One were to power down. I'm not powering down. Those who use bid bots are mostly concerned with how much SBD is lost (converted, whatever). Regardless of this, your explanation doesn't cover smartsteem increasing it's minimum bid while simultaneously lowering it's guaranteed ROI. Not really a customer friendly move, which is the real reason I made the comment in the first place. I just didn't realize that smartsteem had done this until part way through this conversation. It explains why I got such a lower return than I'm used to from this service. It's why I complained. If I had taken time to go look at the new ROI on steembottracker I would not have used the service at all. What sucks is that I used to be able to send a smaller amount, and by raising the minimum I discovered the ROI was less by losing a bigger amount than I would have normally. That's what hurts. If @smartsteem feels it needs to make these prices adjustments that's fair enough. But don't expect me to continue being a user. And fingers are being pointed because this is definitely something smartsteem did, they made the adjustment. I simply became aware of it in a rather unpleasant fashion.
As a second point, if I were to think of the SP as some sort of profit from the bid bots, then it's much more profitable to wait for SBD to be worth more than STEEM, then just convert it and power up then it is to use a bid bot. Using bid bots really shouldn't be "profitable" anyway. They are for promotion. But the amount of SBD I paid for what smartsteem delivers no longer weighs out. So goodbye.
5 SBD x $1.77 = $8.85 USD
That's how much I paid for your upvote.
$6.41 USD is how much I got back
I lost a total of 1.15 SBD on a 5 SBD send.
I don't think the promotion your upvote grants is worth $2.44 USD. LOST
NEVER AGAIN
1.) Do you live under a rock? Why isn't it possible for you to ASK WITH RESPECT?
2.) Do you understand how bid-bots work? Do you understand that every bid is a gamble? We only removed the chance of massive loss due to bidding - we didn't make it 100% profitable.
3.) You received a 10.25$ vote for 5 SBD. 75% author rewards are 7,6 STU. Out of that you will receive 3.8 SBD and 2.2 SP (based on the current price - `SP can be more or less).
That means you paid 5 SBD but will receive about 6 SBD back (STEEM converted to SBD with current rates.)
This doesn't sound like a loss to me. You made a nice profit in addition with your visibility gain.
I have no problem to answer to questions that are asked nicely even though my time is currently very, very limited, but taking shit from ungrateful people like you? No thanks.
Uh, the charts don't lie man. I'm not here to gamble. I'm here to promote content.
Math doesn't lie either.
Not sure where you're getting your math, but apparently it is not the same math that steem.supply uses for their charts. And at first you say I get 3.8 SBD. Then you say 6 SBD. Wha? Listen, I don't expect a profit, but I do expect that if I'm paying $2.44 USD for a vote that this visibility you speak of would be a bit more. I don't think you've solved the "big losses" problem with bid bots. As a matter of fact I distinctly remember being offered a guaranteed 233% to 266% ROI on steembottracker.com. It's why I started using smartmarket and smartsteem in the first place. Now I notice that that has decreased, and at the same time the minimum bid has increased to 5 SBD. That hurts. Not a nice gesture.
Hi Mike, just to let you know that figure you got from steem.supply doesn't make sense. The $10.27 value you got from steemnow is correct and if you use @therealwolf's math above you will end up with roughly 6SBD. 3.8 paid out in SBD and 2.2 in SP.
Hope that helps.
And please try to do less fingerpointing initially until you have a clear understanding.
SP is not SBD. One is liquid one is not. One is calculated using Steem, the other using USD. One benefits only the recipient, the other benefits the whole community. Unless One were to power down. I'm not powering down. Those who use bid bots are mostly concerned with how much SBD is lost (converted, whatever). Regardless of this, your explanation doesn't cover smartsteem increasing it's minimum bid while simultaneously lowering it's guaranteed ROI. Not really a customer friendly move, which is the real reason I made the comment in the first place. I just didn't realize that smartsteem had done this until part way through this conversation. It explains why I got such a lower return than I'm used to from this service. It's why I complained. If I had taken time to go look at the new ROI on steembottracker I would not have used the service at all. What sucks is that I used to be able to send a smaller amount, and by raising the minimum I discovered the ROI was less by losing a bigger amount than I would have normally. That's what hurts. If @smartsteem feels it needs to make these prices adjustments that's fair enough. But don't expect me to continue being a user. And fingers are being pointed because this is definitely something smartsteem did, they made the adjustment. I simply became aware of it in a rather unpleasant fashion.
As a second point, if I were to think of the SP as some sort of profit from the bid bots, then it's much more profitable to wait for SBD to be worth more than STEEM, then just convert it and power up then it is to use a bid bot. Using bid bots really shouldn't be "profitable" anyway. They are for promotion. But the amount of SBD I paid for what smartsteem delivers no longer weighs out. So goodbye.