Why is steemit not showing the correct market Value of steem?steemCreated with Sketch.

in #steem7 years ago

Hi

When i want to buy steem power it show the correct cost of 1 steem = arround 6$

But when we post it still calculates with the old 3$ price.

So why is the delay and do we get toe correct amounts back from change point?

Hope you understand what i mean.

Back in time is was instant showing now it seems to have days of delay on price changes.

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Yeah I also realized this.
The wallet doesn't update very fast.
You have to use other websites or calculators if you want to know your actual worth of your wallet.

I can recommend the app 'Blockfolio'.
The app is very clear and gives a good overview about your portfolio.
Check it out!

Maybe u should try to see if blocktrades price diff is bigger than other exchanges. It should not btw

yes bitcoin goes up again

looks like abot

Good post bro.

Correct @dowha i really don't know what happen there now the steem price is around 5.8 and in steemit around 3.19, maybe the delay comes from the blockchain and the followin hardfork. Regards

The way I understand it is
The price is the general estimated average price over a long period
This is good - it gives the best general value for STEEM for that momnet because of the big fluctuations of cryptocurrencies
I think you will find that if the price has been rising for a long time and that is the general momentum, then you will see the price will be higher or 'right'

#bitcoin
So is it true that bitcoin prices go up again

Bitcoin is up a bit today, but it is still ranging and will do so for some time still and may quite likely go down more before it goes up much higher and over 20 000 USD again.
This is Bitcoin - it is how it works and behaves
Bitcoin has some great things happening this year
a few days ago Bitcoin had the first Lightening network transaction on its mainet - this is a super fast and almost costs nothing, transaction.
Very exciting times and Bitcoin is still a very promising investment.

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