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RE: Steemit Guide : How Vote Value Is Calculated on Steemit and Factors Affecting Vote Value
thanks @jbn. That's a great explanation and I've made a not of the link. I find all the figures difficult to get my head around so I learn a little bit here and little bit there.
These are 3 things I tooknote of from your post:
- The value you are seeing against your SP is actually the amount of Steem that is required to purchase the amount of vests you have right now.
- The steem price is calculated as number of SBDs it takes to buy one steem.
- the blockchain will always consider SBD of 1$ Value no matter if it is being sold in open market for 100$.
Yupp.. all three statements are correct..
If you could point out that what part did you not understand, i may be able to give you a detailed answer on that particular portion.
Let me know.. cheers..
That's kind. Thanks!
It's more that with that much information my brain just seems to shut down so I learn little bits here and there and overall move forward with my understanding. 😊
haha this totally reminded me of my response in physics class in high school.. my brain used to just shut down without any warnings whatsoever. :p
I will tell you this, you are free to read this as many times as you would like to. Even if the post is past 7 days, you can always state your queries on the subject and i will be happy to answer them..
Thank you. I've have already copied the link so I can find it easily. I'm surprised your brain shut down with physics since you can understand all this stuff. They are in the same category as far as I'm concerned!
Well, we all go through some phases in our lives. I was destined to become an artist. So by default, i was never interested in either physics or chemistry or even maths in high school...
But then... life happened... :D