steem is not $0.5, sbd which is supposed to be pegged at the dollar is not. Each sbd is nearly $3 right now, so you actually made more than 18
steem is not $0.5, sbd which is supposed to be pegged at the dollar is not. Each sbd is nearly $3 right now, so you actually made more than 18
if we make calculations based on coinmarketcap's prices even then rewards shown and received sbd/steem don't match.
what do you mean by that
I mean, right now Steem's price is hovering around $1.29 and SBD is $2.90 according to coinmarketcap. Based on these prices, I had received $26worth steem/Sbd for this article. And if you check this article it will show you Author's reward: $16.77. I just want to know why there is a difference and to be honest I'm not making any profit out of this because I used bots for upvoting.
sbd is steem backed dollars. They are always worth $1 of steem to the blockchain.
just because people are willing to pay more doesn't mean they are worth more to it. All it means is we should sell it as soon as we can
also don't use voting bots. All it does is give more power to the ruling class
yeah actually I have taken up this issue when I realized that I'm not making that much profit out of voting bots which I've calculated.
it takes the average price of steem at exchanges over a period of time and then ads the sbd