Value of my account

in money •  7 years ago 

I am not very good at new technology. I am looking for help in explaining my account. In my wallet it says my estimated account value is $30. When I go to steem supply it says my total account value is $161.

Why the difference?

What is steem power and what is the number underneath it in parenthesis?

And what is steem dollars?

Sorry, I am sure these are basic questions. Maybe there is somewhere I can find the answers to these questions.

I started on steemit a while back but then wasn't on for about 6 months. Just got back and have basically forgotten everything.

Thank you.

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Hello, SteemPower is how much your vote can produce gain in $.

The number above in parenthesis it's like a gift from the steemit to new users have a lil power of vote. But it's not for entire life, when u grow this will desappear.

Steem dollars, it's the base reward in $1.

Always when SBD is higher than $1 you are having profit.

If u have more doubts i can help you.

So the actual money I have is $30, not $161. The $161 number includes the value of my votes....is that right?

You should check out this post, I can't take the credit for it so don't upvote me.

https://steemit.com/steemit/@donkeypong/still-confused-by-steem-steem-dollars-and-steem-power-the-power-plant-analogy

Thank you.