Steemit : Why your Estimated Account Value decreases day by day

in #steemit7 years ago (edited)

Have you noticed that your Estimated Account Value has been decreasing day by day.

As am new on Steemit that started to worry me ! I I went from $136 three days ago to $124.70 today.

Now that's enough to worry anyone don't you agree ? So I made some research on the matter and here is what I found out.

Steemit made some technical changes for the past weeks which affected the major exchange platforms that sell Steem.
People could sell steem but not buy for some days. It affected its trend on the market, and of course, many people started to sell as they were seeing steem going down.

The problem was quickly solved for "Bittrex" after a few days but "Poloniex" which is the most value exchange platform for steem TOOK WEEKS to fix the problem.

So people got scared, sold out all their steems and this is why the Curve keeps going down and affecting your Estimated Account Value, even if at this time, everything seems to be fixed.

But there is no need to woryy, on the contrary you should seize the opportunity to buy some steems as it is very low today. 1 steem is worth $1.19;

Things will get back into order. Steemit has very promising days ahead of it.

Hope this helps you to understand what going on with your EAV.

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Thanks for the tip

So they say... still waiting for this downward trend of STEEM to reverse.
Of all the times for this to happen, now, when all the other coins are jumping up, STEEM is losing steam.

True ! Let's wait and see !

Yes, people should seize the opportunity to buy steem. Thanks for the information.

It may fall to 1 before recovering.or less but hope it will then go high.

Yes and there will be no stopping it !

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Thanks for this article. This is helpful to understand how the platform works.

i't's too good to know

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