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RE: 💲💵 Dash - The Cryptocurrency Challenge 💵💲| Date: (10 Aug 2018) | Win 50% SBD!

in #steemit6 years ago (edited)

@revelationquotes can not help the price of SBD at the moment. We do understand that the price has made for a lower payout for the contestants. However, we want to make everyone aware that @revelationquotes is the only one that is contributing to these Challenges (via voting bots) by investing Steem into each of the contests. If you check it out... We send SBD to bots to increase the payouts for the participants. If we stopped, the winners would get 1/20th of what they win now.
@revelationquotes is already losing account value by doing this. (The value has already gone from 1,300 to 800 Steem over the last couple of months). In turn, that means if we continue to lose value…our Upvotes will be worthless.

Yes, the payouts do look small compared to what the value of the post is reflecting (@revelationquotes is taking a loss with each bot investment). We are re-investing the Steem back into The Challenges.
We do propose this question… Would you rather receive 0.25 to 0.95 or would you rather get 0.003 to 0.012 for the winnings? We can stop the investing into the Challenges and you will see what the return of The Challenges truly are.

We do understand what you are saying, however, do keep this in mind. These are free entry Challenges and Upvotes are small by those that do participate. We are already trying to do our best and trying to improve the payouts. We cannot help the price of Steem or SBD.
Thank you for your understanding in all of this.

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First of all thank you for reading and responding to the suggestions. I understand better what you explain, it makes a lot of sense! I just wanted to let you know this concern that was very well clarified. Even so, I will continue participating in their competitions as I have always done.

Thank you for understanding. We are trying our best here. Even when the prices have dropped so hard. Just give it time. When BTC takes off again, so will Steem and SBD. Thanks for playing.