RE: Why is my introduction worth $100? - Explain to me like I am 12 please.

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Why is my introduction worth $100? - Explain to me like I am 12 please.

in question •  9 years ago  (edited)

The payout value directly follows the market cap. Coinmarketcap is a bit distorted though, they substracted Steemit's stake from the total amount. Real market cap is at 26.8M at this very moment.

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9 years ago by

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      ·  9 years ago 

    And an increase in market cap would add or reduce the value? I assume reduce?

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

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        ·  9 years ago 

      No, add of course :D In the end, you receive Steem in one form or another. That amount is decided on by the blockchain, dependend on the votes. When a Steem is worth more, your payout is too.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
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