please tell me what is the difference betwen STEEM POWER , STEEM , STEEM DOLLARS and Estimated Value ?

in steemit •  8 years ago  (edited)


Please tell me what is the difference betwen  STEEM POWER ,  STEEM ,  STEEM DOLLARS and  Estimated Value  !

i have until now  Estimated Value  $109.07  When i can cash out my earning to my wallet btc or paypal ?

  • Thanks for all who answer me and this is the best answer by  villagetrading  :

STEEM POWER is like shares in Steemit - they grow over time. STEEM is the basic crypto currency and STEEM DOLLARS are yet another currency pegged to 1 USD.

I think this is the most complicated part about Steemit. I wouldn't worry about it personally as the designers of Steemit have worked out the economics. If all you ever want to do is convert to btc then you probably want to convert your earnings into STEEM and withdraw to an exchange like Bittrex

thanks  villagetrading 

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8 years ago by

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      ·  8 years ago 

    Download the book Steemit 101 at Amazon and all will be revealed.

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      ·  8 years ago 

    do you have direct link ?

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        ·  8 years ago 

      STEEM POWER is like shares in Steemit - they grow over time. STEEM is the basic crypto currency and STEEM DOLLARS are yet another currency pegged to 1 USD.

      I think this is the most complicated part about Steemit. I wouldn't worry about it personally as the designers of Steemit have worked out the economics. If all you ever want to do is convert to btc then you probably want to convert your earnings into STEEM and withdraw to an exchange like Bittrex

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

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        2 votes
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          ·  8 years ago 

        good answer i'm edited the article and i'm showed your answer _ big thanks

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            ·  8 years ago 

          hey , chick utube ,all information u need are there

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            1 vote
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              ·  8 years ago (edited)

            oki dear big thanks but no one explain the difference .........

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