You can convert your SP to Steem in 13 weeks, but I suggest you to keep your Steem Power high, because it will increase your revenue in future. If you don't want to write on Steemit anymore, you can convert SP to Steem and convert it to SBD or Bitcoin directly to take money. People are saying Steem price will go up, so it's good way to send SBD to bots to increase your Steem Power.
Your welcome, I'm happy if I can be helpful. I calculated it more detailed. You've sent 2 SBD, they sent you 0.352 SBD. It means you paid total 1.648 SBD. And now it shows that you got 3.42 dollars vote. 25% of it will go to curator which is 0.855 dollars. Other 75% is 2.565 dollars.
You will get half of it as SBD which is 1.283 SBD.
You will get other half as Steem Power (but money will get divided according to Steem/USD price, it's 1.84 dollars at the moment). It means you will get 0.697 Steem power from that vote. If you try to take it back as SBD to calculate your revenue, SBD= 1.92 USD.
0.697 Steem will be 0.668 SBD
So in total you will have 1.951 SBD. You paid 1.648 SBD, you get 1.951 SBD. Difference between those two numbers is 0.303 SBD. If you calculate revenue percentage, you will get 18.38% revenue total. And bonus reputation level increase as well. It was good deal, wasn't it?
In the other hand, you will get 1.283 SBD for 1.648 SBD. It means you lost 0.365 SBD. Or you can look at full side of the glass, you spent 0.365 SBD to get 0.697 Steem and it's really good deal :)
I just sent minnowbooster 2sbd and i got back 3.46sbd. So I have a loss right?
You didn't lose any money, you just turned your SBD to SBD+Steem Power and you get extra reputation level :)
Yes, I understand, thank you !
It takes 13 weeks for me to convert my SP to SBD right?
You can convert your SP to Steem in 13 weeks, but I suggest you to keep your Steem Power high, because it will increase your revenue in future. If you don't want to write on Steemit anymore, you can convert SP to Steem and convert it to SBD or Bitcoin directly to take money. People are saying Steem price will go up, so it's good way to send SBD to bots to increase your Steem Power.
Thank you for your advice!
Your welcome, I'm happy if I can be helpful. I calculated it more detailed. You've sent 2 SBD, they sent you 0.352 SBD. It means you paid total 1.648 SBD. And now it shows that you got 3.42 dollars vote. 25% of it will go to curator which is 0.855 dollars. Other 75% is 2.565 dollars.
You will get half of it as SBD which is 1.283 SBD.
You will get other half as Steem Power (but money will get divided according to Steem/USD price, it's 1.84 dollars at the moment). It means you will get 0.697 Steem power from that vote. If you try to take it back as SBD to calculate your revenue, SBD= 1.92 USD.
0.697 Steem will be 0.668 SBD
So in total you will have 1.951 SBD. You paid 1.648 SBD, you get 1.951 SBD. Difference between those two numbers is 0.303 SBD. If you calculate revenue percentage, you will get 18.38% revenue total. And bonus reputation level increase as well. It was good deal, wasn't it?
In the other hand, you will get 1.283 SBD for 1.648 SBD. It means you lost 0.365 SBD. Or you can look at full side of the glass, you spent 0.365 SBD to get 0.697 Steem and it's really good deal :)
Yes, thank you for explaining in detail to me.