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RE: DON'T POWER UP YOUR POSTS WHEN SBD IS WORTH MORE THAN USD!
Let's try this another way. Let's say it's 50/50 and you are getting 50% STEEM and 50% STEEM POWER. STEEM = $100 US each, and your post payout shows $100. You will receive 0.5 STEEM and 0.5 STEEM POWER.
Now, let's say you receive SBD instead of STEEM. You will receive $50 SBD (expected to be worth about $50 US) instead of $50 worth of STEEM (or 0.5 STEEM). HOWEVER, that SBD is worth $2 USD instead of $1 USD. So you now have $150 US worth of STEEM POWER instead of $100 US once you exchange it for STEEM and Power UP to STEEM POWER.
Yes, I get that. Forget that part.
BTW, I just used the internal market and lost approx. $2.50 as compared to if I had traded outside. I got 10.394 Steem for 15 SBD with internal market.
According to Coin Market Cap, I should have received 11.827 Steem.
19 days ago I Paid 12.159 SBD for 14.144 STEEM (note more steem than SBD).
Today I paid 15 SBD for only 10.394 Steem (note less steem than SBD).
Forget the split thing. Just look at these numbers on their own.
Coin Market Cap is a bit tricky, so it's best to go directly to an exchange. As I wrote in my latest post, poloniex does appear to be processing STEEM/SBD again, and it does seem to be offering a better rate than the internal STEEM Market. But that's a completely different question. If you find an even better exchange rate elsewhere, by all means go for it! Just remember though, poloniex has had many issues lately, and there are still additional trade fees involved. But leaving all that out, here are the numbers I got.
$15 SBD / 1.4430 (internal market) = 10.395 STEEM
poloniex
pay to exchange SBD to BTC for around 2450 currently
from BTC, buy STEEM...
15 SBD = 0.0099885 BTC
STEEM = 0.00078621 BTC * 0.0099885 BTC = 12.721 STEEM (22.4% premium!)
(less exchange fees)
So basically it's implying that SBD is trading at an even greater premium at poloniex than it is on STEEM. Just make sure the people who've had their SBD and STEEM stuck over at poloniex have finally been made whole again first before considering it though!
I figure by the time exchange fees are added in it probably works out near the same. Plus its simpler using the internal market and I don't have an account with any exchanges anyway. I'm hoping by the time I'm ready to actually use my Steem, I can buy stuff with it just the way it is! 1 wallet and that's it! Simple; just the way most people would like it.
Have you figured out that I had 2 distinct and separate issues regarding my original question? The 2nd one has nothing to do with earning more or less money, nor if you take it as Steem or split it. It has only to do with SP and how easy it is or is not, to earn it.