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8 years ago by soddenguru (41)
$0.07
- Past Payouts $0.07
- - Author $0.06
- - Curators $0.01
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Its basically because you suck,
JK.
The dollar value listed is based on a rolling average of how much steem has been worth all week. As it changes, so do the dollar amounts.
When you load the post, is sets a dollar amount right then. It recaluulates when you upvote.
So the rolling value of steem just happened ot go down a little bit while you read the post.
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Is there any way to directly track those sort of value changes without having to apply an ad-hoc hypothesis to my own local interactions?
Is there an app for that, yet?
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you can look at the price feed on steemd when you load the post then again when you vote
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This web site shows the current dollar value of Steem: http://www.steemdollar.com/steem.php
And here you can get an excellent chart over time of Steem vs. Bitcoin price (which you can infer dollar price from if you really want to): https://poloniex.com/exchange#btc_steem
Basically Steem has been in a gradual downtrend since late July.
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I've noticed this too and was initially puzzled by it, but it makes sense after a bit of thought. Every day there is a fixed amount of Steem available to be distributed via votes. Keep in mind the total number of votes across the whole platform will vary day to day, and constantly be changing over time. If a vote decreases in value, I think it represents the fact that some other people have voted elsewhere, re-distributing some Steem away from your votes and towards others. It's a massive back-and-forth process until the payouts occur. So if a vote comes in early in the cycle, right after a payout, the pending payout will look large and gradually lessen over time as more voting is done on other posts. Of course there is also a maximum limit to how much of the pie a vote can contribute, depending on the voter's Steem Power, so that plays a role too.
I'm relatively new here and still learning about Steemit, so take the above with a grain of salt, but this is my working theory for now.
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this can happen, but there isnt a fixed window... so its not like theres ever a beginning of the vote distribution day where the first post lookslike its going to get a ton of money.
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It just stuck out as odd to me after testing across a few posts and noticing the decrease was regular - but I didn't bother to track it against my "value" by checking whether the decrease was proportional in each vote.
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I've noticed that too... The post you voted on was probably either flagged or someone cancelled their upvote since the last time the page was refreshed, thus the decreased value.
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Thank you all - more proof that a decentralized block chain of people sharing data can solve seemingly difficult problems very quickly :)
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