STEEM VALUE DOWN HAS DIRECT IMPACT ON POST PAYOUTS
Hello everyone
If you are like me you would have seen your post payouts down and your vote value fluctuating but more down than up. This is because the value of Steem is down. A few weeks ago it was valued at around $3.00 and now is hovering around $2.00.
What this has done is cut every ones vote value by a third so if you had the same number of people voting on your posts with the same vote value you would be down by roughly a third. What you have to do is keep going and don't slacken off this will happen. Just keep growing and when Steem goes back up you will be in a stronger place and have grown. It can't be a boom period every day and we have to ride the waves. Steem could hit $10 by the year end and you will only kick yourself if you haven't grown in the quiet times. Don't lose hope we are all in the same boat.
Personally, I would prefer that SteemIt showed vests related to our votes rather than a dollar figure derived from vests as I think it would give us a better figure to judge our performance on.
Hi yintercept. Agree but if you go to https://steemd.com/@yintercept you will be able to see your vests. Also another good site showing your graph is https://steemdb.com/@yintercept. This shows your posts and vests on one graph. I find they help and keep me on track.
Thanks for the Steemdb link, I've been visiting Steemd.com regularly.
I admit, I prefer raw data to formatted data. Raw data gives us a clearer picture of what is happening.
My current voting power is 15. Which I understand is worth 30,000 VESTS. I voted on your reply at 86% voting power. I suspect that this threw 30,000 * .02 * .86 = 516 Vests in your direction.
This has to be multiplied by the current value of SP to VESTS before applying it to your account. Apparently this figure is below the rounding error; so the value of the vote is 0.00 SBD, 0.00 STEEM, 0.00 SP which adds up to zero.
Anyway, since the votes of new accounts is worth less than the rounding error. The data associated with the votes is actually more interested than the formated figure.
Absolutely. Now is the period to enjoy the platform, make friends and build towards the future
Totally agree. Grow while it is low and come out the other end stronger.
I remember when Steem was 10 cents!
This is the lowest i have known it and can see the impact it has on post payouts. Just got to keep going and not look.
Really it is! I am trying from the starting and now I have the reputation of 50. Don't give up!
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STOPTo support your work, I also upvoted your post!
Thank you for your information!
No wonder the numbers have gone down quite a bit!!
Cheers.