You are viewing a single comment's thread from:

RE: ELI5: Am I Really Making Money Right Now?

in #steem • 8 years ago (edited)

The dollar amount is a calculation of what would be paid if the payouts went out today. Between now and then(July 4th) the amount could increase or decrease depending on the number of votes, the price of steem or the total number of posts that will split the 10%.

8 years ago in #steem by
$0.00
    1 vote
    Reply 3
    Sort:  
  • Trending
    • [-]
     8 years ago 

    If I have $1000 post right now and suddenly STEEMs market-cap goes from $10M to $20M.... will my same post without new votes jump to $2000 value?

    [-]
     8 years ago 

    That is correct.

    $0.04
    • Past Payouts $0.04, 0.00 TRX
    • - Author $0.02, 0.00 TRX
    • - Curators $0.02, 0.00 TRX
    2 votes
    Reply
    [-]
     8 years ago 

    What's the algorithm for calculating the value of a post? What causes a post to go to the moon and others to chill like cucumbers?

    $0.00
      1 vote
      • and 1 more
      Reply

      Coin Marketplace

      STEEM 0.17
      TRX 0.16
      JST 0.029
      BTC 61438.76
      ETH 2384.57
      USDT 1.00
      SBD 2.58