Reputation can be directly linked to the amount of received upvotes

in #steemit • 6 years ago (edited)
6 years ago in #steemit by
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     6 years ago (edited)

    Unfortunately the assumption of STEEM price being fixed is going to make this estimation drastically inaccurate. For example, a large percentage of my reputation was earned during the time that STEEM was around $0.10. A large part of @haejin's reputation was earned when STEEM was @2.00+.

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     6 years ago (edited)

    The reputation received from a vote is independent of the Steem price, as the ratio of rshares to Steem power is independent of the Steem price. An account with a Steem power of 1000 SP has a vote of 40572847921 rshares, no matter if the Steem price is 0.1$ or 2 $.

    Thus, a vote influences the reputation independent of the current Steem price.

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    2 votes
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     6 years ago 

    What you said is true, but as soon as you try to convert to “SBD” it starts to include the price in the calculation.

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