RE: 🏀NBA Daily Pick'em Contest 12/6 | Chance to win SBD | Enter Today!💰 by berniesanders

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Viewing a response to: @sportsncoffee/nba-daily-pick-em-contest-12-6-or-chance-to-win-sbd-or-enter-today

· @berniesanders ·
$3.87
@sportsncoffee, I suggest you make things right with your users and pay them what they are due.  I will await your reply within the next 12 hours.
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vote details (22)
@sportsncoffee ·
Hey Bernie, I paid out half the liquid rewards in dollar terms as opposed to my traditional SBD terms because SBD's are trading abnormally high. The net effect was no effect on the dollar amount each winner received as it would be the same as the winner was receiving when SBD was trading more "normally". The only affect would be the amount of SBD received. The reason for this was because many of the SBD earned was converted to steem long ago, at lower SBD prices. Now if I covert it back to SBD at these higher prices, the math actually works out to where I would end up paying out more than was even earned on some of those posts. Which didn't seem all that reasonable to me. If this is deemed unacceptable by the community I will go back and pay out the full SBD amount. I tried to show my math for everyone who was paid this morning so they could see what I was doing.
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vote details (1)
@hendrix22 ·
$2.46
@sportsncoffee I don't think we all have to sit and wait for @berniesanders to reply to you. I think I can speak on behalf of the sports contest community in regards to this matter. I also asked you a question before Bernie even came onto this post which you have still failed to answer. Perhaps you didn't see it. 

The price that SBD's are trading at is irrelevant. Your contest states 50% of liquid rewards so you should pay 50% of liquid rewards. 

>  The net effect was no effect on the dollar amount each winner received as it would be the same as the winner was receiving when SBD was trading more "normally". The only affect would be the amount of SBD received.

I strongly disagree with your statement. This has a huge effect on the winners unless you expect them to immediately withdraw the SBD into another currency. That is in fact the only way it would have no effect. If they wanted to hold the SBD and the price comes back down to $1 value then they would've actually lost money.

> The reason for this was because many of the SBD earned was converted to steem long ago

If somehow you consider yesterday to be long ago.

![](https://steemitimages.com/DQmT1tcfZdke8oyFMykoZfHX3wXytQPiMSz9dyCURrEpket/image.png)

![](https://steemitimages.com/DQmSPB3PMQqWy3n8EnaZV56QUiCSdE6C622WynF2c3R9dtM/image.png)

Or 3 days ago...

![](https://steemitimages.com/DQma76DzM8EBk8KdKrxDikjdaZgydJv1MnPZrVsT8jWMu5T/image.png)

I'll stop now as I'm sure you get my point.

> Now if I covert it back to SBD at these higher prices, the math actually works out to where I would end up paying out more than was even earned on some of those posts.

I will speak for the community again when I say that I don't think the sympathy card is useful in this situation. You were paid SBD from Steemit and you were to pay the winners of the contest that SBD which was given to you. It doesn't matter how much extra you need to pay. You gambled with the SBD which belonged to other users and it backfired. 

It's time to pay the winners the remaining SBD that you owe. I think you could've used the $818.00 SBD that you transferred to Bittrex 5 days ago from your @steempickem account

![](https://steemitimages.com/DQmTkmCCMa6cvtvd8bySS5do6f7K2BgVH3Budza1Um1qEqF/image.png)

Or even the $450 Steem you sent to Bittrex 2 days ago from this account

![](https://steemitimages.com/DQmfCFWCGvJb5s17ABZPRRzi6CJ6GkrUrM6GZ7jtHWgjjK8/image.png)

Do the right thing man.
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vote details (5)
@miti ·
$0.29
Fully agree.  In the meantime..

![a.jpg](https://steemitimages.com/DQmaQw2hfcQJkFMBFDfThxJ6s4fiZFKXC88Euo74Tzkcgng/a.jpg)

![b.jpg](https://steemitimages.com/DQmbPfE4N3Nj9FgN91EjWcmM7q8ReuGdDXeuTRECuFe1P2V/b.jpg)

You lost my respect, @sportsncoffee
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vote details (2)
@neohodler ·
$0.22
I agree with you 100%. Doesn't matter what the price is 50% is 50%
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