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     7 years ago 

    https://steemit.com/steemit/@themanwithnoname/steem-basic-income-profitable

    Thanks for the write-up! I think the 0.01 per day is rounded down from a little more, but it definitely sounds like we're in line with the 180 day target. It's hard to be precise with the prices of STEEM and SBD constantly changing.

    Based on that post and on that comment from steembasicincome it still should be a return time per Steem per share of 180 days. Getting one share, receiving 1 Steem back over 180 days.
    With a sponsor for sponsor and bonus shares you can get it down to roughly 45 days I assume. Basically four shares (2 from the sponsor for sponsor and 2 bonus shares.) are paying in that moment for the investment of one Steem.

    But still based on every investment opportunity one has on Steemit this is by far the best. It's well managed, you don't have to deal with bid bots and the potential of a lost there and it's not limited like the buying votes from @smartmarket or @minnowbooster.
    All of them are short term investments (per post), @steembasicincome on the other hand is a long term investment.

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     7 years ago 

    There is some variability depending on STEEM/SBD prices. With SBD settling back toward $1 the value premium from publishing 50/50 is decreasing, which makes 180-day target unsustainable.

    We try to maintain a balance between ROI and sustainability, and expect the ROI to gradually decline over time as the program (and the entire crypto ecosystem) matures.

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    2 votes
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    [-]
     7 years ago 

    Jeah, the post with the profitability is three months old, right in a time, where the SBD price was through the roof.

    But based on the new summary from the spreadsheet the simple return (Dunno over which time period, 180 days?) is still at 67.07% and with the bonus at 134.14%.

    So Steembasicincome's return are still amazing and I'm pretty sure they will stay awesome, even with a decline in the overall return. The basic support and endless payout period makes it the best investment opportunity on Steemit. That's quite a nice unique selling proposition. 😎

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    1 vote
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    [-]
     7 years ago 

    We try to maintain profitability per share as relatively constant across pools.

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