@krakonos sometimes writes posts that remind me of litanies or psalms if those were about minnows wandering in the virtual ocean. In the recent post, he proudly stated that he earned more Steem Power than he expected… only to be able to complain that Steem’s price decreased and that his vote is still worth less than one cent.
The point is that cheap Steem actually helps us to earn more. The rewards are calculated in US Dollars and paid out in Steem Dollars, while 50% or 100% of Steem Dollars are exchanged for Steem Power. Steem Dollar is usually more or less equal to the US Dollar. Steem (and Steem Power) is much more volatile.
Imagine expensive Steem, let’s say $ 100 per one. To make my example easier, I won’t take in consideration curating rewards and use Power up post, for which you get Steem Power only. Under that circumstances, you will need about one hundred posts worth $ 1 to gather 1 SP. The exact number of posts depends on current Steem Dollar value, but as I mentioned above, SBD tends to keep the same value ignoring most of Steem’s volatility.
When I am writing this, Steem costs $ 1.05 and Steem Dollar costs $ 1.03 according to coinmarketcap.com. That means that if you create a post worth $ 1, you get 0.98 SP. Yet again I ignore curating rewards and use Power up post as an example.
We have a great chance to be here and publish in the beginning. Alas, not the very beginning yet. But still, getting Steem Power is much easier than it will be in next months and years. And temporally cheap Steem is actually a bliss for the authors.
image by @thefinanceguy
Jak nám levný Steem pomáhá růst
@krakonos občas píše způsobem, který mi připomíná litanie nebo žalmy, kdyby ty pojednávaly o malých rybách ve virtuálním oceánu. V nedávném článku hrdě prohlásil, že si vydělal víc Steem Power, než očekával... jen aby si mohl postěžovat, že cena Steemu poklesla, a že jeho hlas stále nestojí ani cent.
Vtip je v tom, že levný Steem nám ve skutečnosti pomáhá vydělat více. Odměny jsou počítány v amerických dolarech a vypláceny ve Steem dolarech, přičemž se 50 nebo 100%Steem dolarů mění ve Steem Power. Steem dolar je obvykle víceméně stejně drahý jako americký dolar. Steem (a Steem Power) je velmi volatilní.
Představte si drahý Steem, řekněme 100 USD za jeden. Aby byl můj příklad jednodušší, nebudu brát v potaz odměny kurátorů a budu počítat s Power up článkem, za který dostáváte jen Steem Power. Za těchto okolností budete potřebovat asi sto článků s odměnou 1 USD, abyste shromáždili 1 SP. Přesný počet článků závisí na aktuální hodnotě Steem dolaru, ale jak jsem uvedl výše, SBD má tendenci udržovat si svou hodnotu a ignorovat většinu výkyvů ceny Steemu.
Zatímco tohle píšu, Steem stojí 1,05 USD a Steem dolar 1,03 USD podle dat coinmarketcap.com. To znamená, že za článek s odměnou 1 USD dostanete 0,98 SP. V tomto případu znovu ignoruju kurátorské odměny a počítám s Power up článkem.
Máme skvělou příležitost být tady a publikovat na začátku. Bohužel ne na úplném začátku, ale stejně je získávání Steem Power mnohem jednodušší než bude v příštích měsících a letech. A dočasně levný Steem je ve skutečnosti požehnáním pro autory.
@originalworks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @godfish to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To nominate this post for the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good... I needed this explained. Resteemed. How do the Curation reawards work ? If I resteem this post and it goes on to earn $100 Steem what amount do I earn for curation? Or do I only earn curation rewards if I am 1st to upvote this post ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
To make a long story short: You get curating rewards when you upvote post that gets another upvotes after yours. The more upvotes come after yours the more piece of cake you get. However, your Steem Power is important too.
You get nothing for resteeming.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ahhh thanks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Unless you upvote 1st and resteem to your 2,000 followers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Even the 10th or 20th upvote may generate quite good curating reward. You have almost 500 SP, which can make you nice curating rewards anyway.
Yes, it makes sense to upvote and then resteem so your followers can upvote the same post after you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I let my Steem Power drop really low so my upvote is almost worthless
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Take a rest then :) See you next week ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 0.78 % upvote from @drotto thanks to: @banjo.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 1.04 % upvote from @booster thanks to: @godfish.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Fish from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Díky za reklamu.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Resteemed to over 4000 followers and 100% upvoted. Thank you for using my service!
Read here how the new bot from Berlin works.
@resteem.bot
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit