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RE: The REAL story behind the Fluctuating Steemit Payouts Explained

in #steemit7 years ago

It doesnt explain to me why one posts priced earlier gave me ~SBD3 and 1.5SP but now 2 posts give me that(assuming that each post had same likes with same weight). On exchanges the steem and SBDs are traded and therefore if you exchange them you will get more/less USD for them. But this is double whammied. You get less SBD and SP and when you go to bittrex you will get less money for them cause Steem is worth less. If you meant we are still getting same dollar value thats also not the case I dont think 3 Sbd before the drop are the same value in USD as 1.5 SBD after the drop. By now if you look at steem and SBD they have nearly gone back to their previous levels (maybe not fully) but have the payouts improved?
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I haven't been able to examine your payouts specifically, but if you're actually receiving fewer SBD and SP then will have to take a look again. From my end I'm receiving roughly the same, but the price of STEEM has just dropped from around $2.70 from a couple weeks back down now around $1.80. But it was at below $1.50 a couple days back, which is what it seems Steemit seems to be valuing it at roughly. It will take some time before it values STEEM at a higher value since their moving average appears to be a few days behind.

I'll continue to keep tabs on this to see if in fact our rewards have dipped as well as the price. Thanks for letting me know.

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