Why is steemit not showing the correct market Value of steem?steemCreated with Sketch.

in steem •  7 years ago 

Hi

When i want to buy steem power it show the correct cost of 1 steem = arround 6$

But when we post it still calculates with the old 3$ price.

So why is the delay and do we get toe correct amounts back from change point?

Hope you understand what i mean.

Back in time is was instant showing now it seems to have days of delay on price changes.

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Yeah I also realized this.
The wallet doesn't update very fast.
You have to use other websites or calculators if you want to know your actual worth of your wallet.

I can recommend the app 'Blockfolio'.
The app is very clear and gives a good overview about your portfolio.
Check it out!

Maybe u should try to see if blocktrades price diff is bigger than other exchanges. It should not btw

yes bitcoin goes up again

looks like abot

Good post bro.

Correct @dowha i really don't know what happen there now the steem price is around 5.8 and in steemit around 3.19, maybe the delay comes from the blockchain and the followin hardfork. Regards

The way I understand it is
The price is the general estimated average price over a long period
This is good - it gives the best general value for STEEM for that momnet because of the big fluctuations of cryptocurrencies
I think you will find that if the price has been rising for a long time and that is the general momentum, then you will see the price will be higher or 'right'