Why does the money value of my blogs go down after being up...???steemCreated with Sketch.

in cryptocurrency •  8 years ago 

I can't understand what's going on... I see money being added one day then watch it going down the next... I'm still not sure how Steemit works... Does anyone know why or what I do that might cause the values to go down...???IMG_0161.JPG

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8 years ago by

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      ·  8 years ago 

    The price of steem fluctuates.

    https://poloniex.com/exchange#btc_steem

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    6 votes
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      ·  8 years ago 

    Thanks for your most helpful link to poloniex... Pocket Change

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      2 votes
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        ·  8 years ago (edited)

      I had the EXACT same thought just now. Was more for me yesterday. Now it's a lot less, thought voting etc, was taking money out of my pocket to give to other, but that wasn't the case. I watched @dollarvigilante LIVE just now and he said it doesn't come out of your pocket. So must be fluctuations in price of STEEMIT like below said.

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        4 votes
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          ·  8 years ago 

        Thanks for turning me onto the dollarvigilante... I added him to my list... Pocket Change...

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            ·  8 years ago 

          steem is sorta its own currency. the $ value listed (i.e. $0.10) is just what it's currently worth as of this very moment.

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            2 votes
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              ·  8 years ago 

            Thank you for that information... You've been very helpful to my understand how Steemin works... Pocket Change

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                ·  8 years ago 

              the price/value of steem goes up and down so yes it will change from time to time :)

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                2 votes
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                  ·  8 years ago 

                Thank you for your comment about the price/values of Steemit... Have a nice day... Pocket Change...

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                  1 vote
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                    ·  8 years ago 

                  P.S. I stopped up clicking on my own posts... Not sure if it makes a difference or not...

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                    1 vote