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RE: Who Is Lucky Today?

in #steem6 years ago

I am sure you'll answer me first, I have been asking around the following:

I was wondering if you can weigh in here a little bit on something...

Lets say today, I earn an average of 5 steem a day....

if steem goes to $3 then that is roughly 6x the STU price, which, if im right here, will result me to earn 6 x 5 = 30 steem a day.. at $3 so $90 a day? if this is true wow lol I am in for some nice weeks when we get to over $3 again

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If you make 5 steem a day and the price goes up 6X per USD, you will still be making about 5 Steem a day.

I hope this clears things up for you.

it does not clear this up at all because you completely disregarded how the STU price effects the reward payout

on the top right you have the STU price which is the average price of steem every hour over the past 3.5 days...

as this number rises so does the number of rewards... so if the STU price was $4.70 I would more or less see an author reward today of 12.65 steem and 27.67 of sp author reward so thats 40.32 x $4.70 so $189.51 a day...

we would have to be in an epic bull market to sustain those prices long term though because people with a lot more sp than me will be selling out a lot bigger rewards

Forgive me if I misunderstand, but it seems like sbd should be considered.