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RE: Question to Steemit: Why does an upvote cause the value to go down? (answered!)
This is my understanding:
It has to do with the market value of Steem and nothing to do with your upvote.
Between the time you loaded the page and clicked the upvote button, Steem might have dropped. This makes the equivalent value of SBD lower. So your upvote still raises the Steem that will be reward, but the lowering price of Steem on the markets = a lower amount of SBD.
Someone please correct me if I'm wrong.
It also relates to the total number of people voting too as an extra variable. When you vote the initial value is based on a prediction which may or may not be wrong depending both on the price of Steem and the actual number of votes cast that day.
That's possible I guess. Steem has been dropping but I don't expect to see 10% drops in value in the period of like... an hour. But I've personally seen that happen to a post without any flags.
Read my initial response. It is not just the price but the number of people voting vs the prediction algorithm which determines the initial value of the vote. The monetary value of the vote is constantly changing on the basis of these two factors. There is no mystery behind it.