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RE: Drip, Drip, Drip! Leaky Sink? No, It's Lifetime Income - Steem Basic Income Review
Oh I understand the weighted voting system they have very well. Some people think they can post 42 time in a day and make a killing from 1 share, not the way the system is designed and as it gets automated this potential for short term manipulation will be reduced even more.
Thought I had mentioned the weighted voting based on voting frequency. Thanks for bringing this up as it's a pretty important factor.
Actually kind of addressed it, but clearly not good enough:
as of now for one share will get you an upvote of around 0.01 if you post once per day and give a few upvotes to their posts each week.
You're right it is in there but a bit cryptical.
I wonder do they still keep 500 shares in each sbi pool? I thought that was at least their intention when they started.
Yeah I didn't explain that part the best. Problem when you promise to get something posted and then have your boiler explode during the busiest week of your business year...bad combo...lol.
They clearly aren't as I don't think that would of made the balancing of inactives pretty hard. Really the number in each pool shouldn't matter as long as there is enough VP to cover the added people. Think it would get crazy with to many SBI accounts to balance the leased SP.
If they kept 500 shares in each pool we could easily calculate our return (14% upvote per week per share). But if they don't this will just get a little more difficult.
That's at least the thing I find very interesting. What return do I get in terms of financial rewards to earn back the investment? And what difference is there between the different pools?
If I have some time in the coming days I might look into those questions. But if you already know the answer I would be happy to hear!?
Except that math wouldn't be correct due to all the inactive accounts.
Currently I haven't done the math to figure out the ROI yet or if it's different per pool. Just trying to get to 100 shares in all 6 pools....lol. j/k...well sort of kidding. Would be cool to have that many votes coming in. Plus it would mean I gave away 600 SBI shares which would help a ton of people out.
Just get a few and you will be hooked like me. I post 2-3 times a day and I'm adding sbi shares as fast as I can.
I tried to check, but it looks like you only have very few sbi shares right now. Is that correct?
And how do you add them? I mean so you organize a contest to select a Steemonian that gets a new sbi Share?
I think I have about 10+ now. I have not looked and I have a few coming.
You can give them away however you like. I did this recently:
https://steemit.com/steembasicincome/@fitinfun/presenting-the-second-bxlphabet-fitinfun-steembasicincome-giveaway-winners