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RE: Steem Daily Forecast 09-07-2017
The system is trustless such that by design, the reward pool is funded each day by a calculation of the price.
People who claim or cash in their rewards are simply claiming from the reward pool. They do not necessarily have to sell for bitcoin or whatever. Just thee allocation of the daily funds to authors and curators.
"Sat" is 0.00000001 Bitcoin. It is the smallest unit of Bitcoin.
Thank you, I understand now