PSA: If you are seeing value disappear from your posts right now, it is because Steem is experiencing a correction (dont freak out)

in #steemit7 years ago

Hi all, @sensatus here, I was recently looking through coinmarketcap as I do every day before I head out and trade, and I noticed something odd; Steem has taken a 7 percent dip in the last 24 hours, though considering its rapid growth this was probably inevitable

https://coinmarketcap.com/currencies/steem/#charts

chart.jpeg

I do not personally think that it is a bubble, there are too many things currently going for Steem for that too happen. And with most of the whales money in Steem power, I do not believe we are experiencing a dump. In any case, the reason I titled this PSA is because I have noticed that since Steems value has gone down, post payouts are fluctuating with that and I would like to prevent a noob stampede and panic sell. So if your 100$ post just dropped to 93$, that is why :)

So keep calm and steem on

@sensatus out

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I did notice that my blog amounts went down. good to know..still a newbie so I welcome this information. I also noticed that the amount on the blog amounts have faded can you share why this is? I believe today is day 7 isn't there supposed to be pay outs on day 7 or does that actually happen on day 8? when I first joined I went crazy upvoting all the articles I liked..clueless to what I was doing..(read the white pages duh!!) and then suddenly I was being told I could not blog cuz my voting power was to low? is this connected to why I haven't gotten a pay out? a lot of questions I know..thank u in advance if you decide to help. bless.

Thats a good question... I honestly do not know what happens when voting power goes to 0, though it should regenerate after 24 hour... As for the payout, curators get a 30 percent cut or something, so that is why youre getting less than what it says the payout is

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