Hey Steemians!
So I have been slow for the past few weeks in terms activity on Steem. And what a bummer that I have been so, as this is the best time to be active on Steemit. Well, let me rephrase, Any time is the best time to steem, and now so more than ever as of yet.
Why? Well simply because of this..
1 Steem Backed Dollar is worth 5 times more than it's supposed to worth. Which means we are getting more value per post.
Just the other day I was checking on my payouts just to see how much are we getting as opposed to what we are supposed to get. I used one of my later posts that just got a payout as below.
You can see that Author Payout is about $7.16 USD worth of Steem and SBD, split in half in terms of the USD value.
So supposedly, should the price of SBD stays at $1 as designed. We should receive half of $7.16 (which is around $3.58) in both Steem and SBD. So according to the payouts, I should receive 3 dollars plus of Steem and SBD respectively.
However, as you can see I got around $3.58 worth of SBD. Which will make sense if SBD is priced at $1. But at current market price of SBD, I've gotten waay more than that!
You can see here. That's almost $18 dollars of Steem Dollars!! In short the reason why this happens is explained (with a bad analogy) in one of my earlier posts
Bonus Mindblow
And to put it into a Malaysian perspective, I've received almost RM 70 worth of Cryptocurrency!! That's food for 3 days!!! Like holy smoke!!
If you want to get your hands into blogging and be motivated or incentivized for it. Now is the time, this is the platform.
Seize the opportunity and just create something, let people appraise and see what you can achieve. There are no downsides and all the upsides. So just start, don't let anything stop you.
Stay Awesome!