Why does the value of all your active posts drop over time ? ( Sometimes by 50%)

in steemit •  8 years ago 

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Though Steem is not all about money to me - trust me it has been pennies on the hour, I am just wondering why the value of all my posts that are to be paid out drop over time? Sometimes by over 50 % over the course of the 7 day maturity period. Is this due to the fact that they are fluctuating with the value of Steem? Or are there other reasons at play ?

I am really enjoying my time on here, nevertheless, I am still learning all the ins and out of being on Steem. However, in the process I am learning a lot about subjects that I would never learn anywhere else. Thanks for everyone's time on this subject.

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Yep - sometimes I even wonder if people are unvoting me! I had one at $60+ that went down to $40

Ya I had one that was almost $15 5 days ago and now it is $9. Sad.... Thank for the response si

I'm way too new at this to understand how it all works...I'm just here for the food...🥓🍕🍰

Okay, what about this? I just upvoted you, yet it didn't give you even a penny! Earlier I upvoted a post, and it paid them .80! What in the hell is going on here?

Something to do with upvote power? Chasing the cheese in the maze of life...

I guess I blew all my steem! Oh well, I guess I'll just have to wait it out.

I recently joined this platform...still not understand everything.. when u got $2.97 within few day later it will come down to like $1.78 , I didn't understand the concept

Ya, what is worse is when you think you are up to $220 then you go back to your wallet and you only have $140... lol

The price shown is the 5 day average of Steem and SBD in U.S dollars. Your still getting the same amount of steem and SBD regardless but the price has been in flux as of late.

Oh I see, so it is fluctuating with the market. Well seeing I live in Canada, each US dollar is almost $1.25 Canadian, so that is an upside. Sadly a Big Mac meal here is $10 and the average house is $500,000 so it is still nothing in the long run.

  ·  8 years ago (edited)

I sure hope this is true. My first good post got arround 22$ is SBD. Now the same post is at like 14$. Tomorrow is the payout. I'll confirm if this is true.

  ·  8 years ago (edited)

I know steemit is not a scam, but the fact that my posts are losing so much money before the 7 days payout is making me change my mind

Ya it surely takes away some of the fun of it. I have over 1100 posts almost and I have not had one post bring in over $20 - most are only a few dollars at most. So I am pretty sure Steemit is very cliquish. Like I have said in other posts, its not really about the content and its about the upvotes and who can pay who off. There are some people on here that are doing well, but these are usually people who were here from the beginning and who came up with great ways to market themselves or in some cases who are very beautiful and seeing that beauty sells, it is obvious why they are doing good.

takes 100% of the fun way imo
Still have no clue of the reason behind it...

Me either. At one point I had made $200 this month and that was over 10 days and 500 posts ago and some how now I only have an account value of $160. Pretty sad

Yes it depend on the market of steem, since a few day ago market really down, our total estimate value also take a big hit too, If you want reward the only way to get it fast is put ur own money into it and voting urself up.

Lol what a vicious cycle that is. Thank you for the information though.