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RE: Flash Sale 6th September: 15% ROI for @smartmarket
I'm kinda confused.
The "Detailed Payout" is showing me, that I would receive, for the exampled 20 Steem buy, 9.7 STEEM and 9.7 SP.
A loss of 3% right at the time of buying the votes.
The gif is showing that the 20 Steem produces a payout of 11 Steem and 11 SP. A 10% gain, but I guess, the gif is older than the flash sale.
So with 20 Steem and with the 15% ROI, shouldn't the estimated payout be 11.5 Steem and 11.5 SP?
(Adding a post link, even when that post has beneficiaries, only changes the curation % and the estimated Votevalues, the negative 3% is still the same, at least the ROI is really stable. 😂)
Hey @takowi,
the ROI is based on hands-on value. Whether the internal price is higher or lower than the external price (exchanges).
Taking the external price isn't possible due to the extreme fluctuations.
With that said: all promotion services take the same data, so regardless of which one you take, the negative downside would be the same. However, with @smartmarket, you're on the more safer side.
Hope this could answer your question.
All the best,
@smartsupport
Ah now I see where you are getting the ROI of 10% from. You are calculating the ROI in USD not in Steem.
But I don't see any reason to do that for this time though.
Buying votes from Smartsteem (or to be more precise rshares) is only possible in Steem and SBD. Right now with the 50/50 Payout in Steem and SP, it is quite easy to see the direct effect of a specific Steem investment and the (estimated) payout.
Today 20 Steem would yield 22.4 Steem, which is better than the advertised 10% ROI (in USD).
Shouldn't it be possible to calculate the possible payout in Steem with a given amount of rshares and to fix the ROI in Steem not in USD?
Even with a payout in part SBD, the internal market from Steemit would provide a direct price for SBD/Steem, without the hassle to go over USD.
What is the benefit of calculating a Steem Investment in USD and why are you doing that? Still kinda curious.
It is based on the fluctuation of price...
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So Smartsteem is guessing that the price will fall over the next 7 days by 16%?
But the ROI would still be negative, at the mentioned -3%. The payout is estimated at 9.7 Steem and 9.7 SP. Paying 20 Steem for that can't be a good ROI. 😅