You are viewing a single comment's thread from:

RE: Could someone explain to me what's the relation between STEEM, STEEM POWER and STEEM DOLLARS seen on the wallet?

in #steem8 years ago

Great post explanation!
I'm confused about the ratio of Steem to Steem Power. If I try to buy Steem or Steem Power from blocktrade, it appears 1 BTC will get me the same amount of Steem or Steem Power. (the get estimate result). If there is a conversion rate in powering up, this shouldn't be the case. Shouldn't I be able to buy more Steem for 1 BTC if 1 Steem Power is equal to multiple Steem? (current steem_per_mvest = ~ 223; mvest = SP).

Coin Marketplace

STEEM 0.22
TRX 0.21
JST 0.035
BTC 98705.91
ETH 3342.47
USDT 1.00
SBD 3.14