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RE: Bellyrubbank payments for this month complete!
Hello, First off it is 45% APR.
The price of steem does not matter because you invested steem not usd. If you invest 500 Steem you get back 500 Steem plus your 45% APR
Also @bellyrub has close to 500K steempower not 5k, The 5k is for bellyrubbank depositors, that is a bonus on your posts.
Profits are being generated by @bellyrub.
OK, so you're saying that the returns come from the voting pool?
APR stands for Annual Percentage Rates, so 45% APR is saying that you will return $450 for every $1000 invested.
On the chart you put above, you have put the top investor as investing 1000 SBD, ergo you are saying that you will pay that person 1450 SBD after 12 months.
How are you going to do that? How can you possibly guarantee that? Voting does not pay back 45% does it? Or have I seriously underestimated how much you can make by voting?
You are still being opaque, so for clarity's sake I will ask the following questions.
What happens to investors money after they deposit?
Where are the profits generated from?
How can you guarantee a 45% return
What are the risks associated with loss; is it possible to lose some or all of your investment?
I look forward to your answers to these reasonable questions.
Cg
The term is only 3 months as stated in the chart above effective RIO is 11.25%.
@bellyrub is a bidbot much like booster, again that is how the profits are made.
What happens to investors money after they deposit? -It Gets used for more SP
Where are the profits generated from? -@bellyrub (Bidbot)
How can you guarantee a 45% return -(again 45% APR for only three month term)
What are the risks associated with loss; is it possible to lose some or all of your investment?
-There is no possible way to lose any investment.
@bellyrub does not make the profits from curation if that is what you are asking, It is a bidbot users send in SBD as a form of a bid to get a % of @bellyrub's vote.
@bellyrubbank is an extension of @bellyrub.
@bellyrubbank is being advertised to @bellyrub users, hence they have the same name (besides the bank part) because they know what @bellyrub is.
"What happens to investors money after they deposit? -It Gets used for more SP" Is the steem/sbd used to lease sp or power up? @zeartul. I think that would be helpful to @cryptogee and I.
Now u know the answer right?
Guess so. RIP haha. I should have been more careful. You live you learn I guess.