STEEM, STEEM POWER, AND STEEM DOLLARS EXPLAINED!

in trevonjb •  8 years ago 

In this video I talk about the difference between Steem, Steem Power, and Steem Dollars. There are a lot of new people coming aboard the Steemit rocket ship lately so I thought I would do a service to the community by explaining the difference between the 3 steem based tokens.

Enjoy!

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i follow you on like 4 different sites i feel like a stalker

Hah. I second that 🙌 (dubble 5iver) 😎

Good explanations. You explain things better than you think. I actually write this post off of some of the stuff I learnt from you.

@trevonjb YOU DA MAN!!!!! 🔥This is going to help out so many Steemit users!

true, nice first name btw

Amazing Walk through, looking forward to more of your posts.

  ·  8 years ago (edited)

@trevonjb You always post such great content. I look forward to learning from you! I also appreciated seeing my Trump Steemit post @7:16 in this video :) Feels good man.

It can seem a bit overwhelming at first, but you have a knack for explaining things. Thanks for the post

Thanks trv, nice video :)

  ·  8 years ago (edited)

I wish @thejohalfiles would follow and upvote my posts too :D

Just here lending my support for what you are doing bruh, because you really don't need my upvote and supposedly it doesn't benefit me none to contribute it but I am doing it anyway. I am happy to see you on here killing it for real man. Great content as always. I am going to subscribe to your channel on YouTube too (link in my profile). Feel free to subscribe to mine if you like. We have similar content. Mine is more digital marketing and and online business focused with a dash of crypto ICO stuff in there. I have only been on Steemit for about 10 days now, but your presence on here is what made me know it's legit and worth going all in on.

Stay steeming and may all your steem be fire.

You've got great content as well. Thanks for fighting the good fight.

Thanks, I needed this!

In the words of DJ Khaled, 'Another one'
check out my last blog post and tell me what you think!

Thanks for your video! I just had the doubt of that difference, I'm going through the 5th minute of the video, but I'm starting to understand this better

I just finished the video, it's worth seeing it to the end!

I like his videos, because he speaks calmly, and for someone like me who is learning the language I can understand it well.

nice post, thanks for sharing

Any price timeline for your prediction for STEEM/BTC $10

The longer it takes the better. Maybe spring.

I hope so, I would prefer to make my stacks slowly. I hate fast pump and dump situations - fomo

Very useful for all newcomers to Steemit - thanks Trevon! When I first came to Steemit this week, I actually thought STEEM and STEEMPOWER were the same thing and that SBD was the only "currency" we got to use on the exchanges.

I've learned a ton since joining and videos like yours help skyrocket our understanding every day!

Thanks for creating this video! It really explained alot. I even took the time to go create an account.

Thanks for this, really helps! Shortens the learning curve :)

Nice Posting! Just upvoted and followed you, can you please do the same for me?
Thanks a million!

@trevonjb once again a very good video from you. You are really good and helpful to all of us. I learnt a lot from your videos about steem , steem dollar and steem power . I am new here and will contribute to the success of this plaform...hanks for sharing

Thanks for this @trevonjb - as a newbie I'm still a bit confused with steem/power/dollar

Your post clarified this for me

Thx for explaining this
i am new to steemit and i was wondering what was steem power

nice video

Very useful post for new steemians, good job @trevonjb

Do you always cash out Steem dollars or do you convert to Steem power? Is the only benefit to Steem dollars the liquidity? Thanks for the info.

I xash out my sd to reward myself and everything else goes to Sp

Very clear explanation Trev . This is the common prob every newbie faces when they hear about making money in steemit and create an account immediately then have no clue. Great post. CHeers!!

Good explanation and I love watching you! Really Helpful broo!

Thanks. Now I know to let that steem power build!!!

another great info vid, keep up the education of the mass's, teach us

Thanks for this. I am starting to 'get it' with the help of your video. Wishing you all the best. . .

Thanks so much!

Thanks for the great explanation!

Thanks for explaining the difference . :) I'm following cant wait to see more

@trevonjb. Yo bro. Thanks for this video, they are always helpful. I have made some steam power goles now, thanks to your video😎. Resteemed!!

Thanks for the info this platform has been a little confusing...saw you on yt before

Interesting. So do you know why the STEEM POWER on my wallet has a number in parentheses? https://steemit.com/@uruiamme/transfers it says (+145.290 STEEM) right now next to my measly regular STEEM balance. I didn't see that on your screen.

Thanks for the video. I actually watched it and lost my curation bonus. :)

Thays the free SP you get for creating an account

  ·  8 years ago (edited)

So do I have that free SP? Or is that something for later? Like, I am trying to say ... is that SP that I haven't fully earned yet or what?

It's a bunch more than my "real" balance. LOL.

Yeah I will invest in steem pretty heavily in the coming weeks, getting steem power in high quantities really does help boost the value of the coin. If steem hits 10 USD it would be GREAT!

I've been here for 9 months, so I do have a working knowledge of how Steem works, the video still helped me though, I guess it should be great for newbies.

  ·  8 years ago (edited)

thanks for this. There was an option somewhere to set how much of a percentage the reward would be split. It was set at 50%/50%. I changed it to 100% steam power. I want to reset to 50%/50% now. But I can't seem to find the option anywhere. Can you help me, or is there someone reading this that help me with it? Or at least where I can find help with it? thanks.

As a new user this comes in handy, thank you!

great post bro...as a new guy here i understood mostly how things went but this helped to put into perspective more..thanks!

tell me please about vote I still didn't understand, is it free or not, I watched a video where a guy said it's good to vote everyone and even yourself, can you answer please ? because I really voted a lot and I am not earning good at all

Thanks for the explanation. I don't think you ramble, I'm learning a lot from your posts, very helpful. I really didn't understand what to do with the Steem, but now I am going to convert it to SP.

Thanks for the helpful explanation.

this is much needed, for reaffirmation for me personally but really because it can be very confusing

Hi Trevor
i've bought steem on livecoin how do i use it to power up ?

Excellent video as usual, im making my own steemit video series to, in my new youtube channel, i just posted the second one today, explaining to the latin people a little bit about steemit so if you want it check it out, peace!!

Great Video Tre!

keep on milking the cow boy! love it keep on doing you boo!

Pretty easy explanation cuz it can be confusing for a newbie :)

Thanks trevon

Thank you x2.5 as my portfolio is worth 2.5 times as much as I have input by paying close attention to your posts!

Good video, not surprised because you always put out amazing content. You are the only reason I got into crypto :D

Nice Vlog buddy. I should have come to steemit way earlier.

Great Video... Just went $1,000 + on the steem power.... LET'S GO!!!

Great video, watched it with my girl last night because she's waiting on her steemit account to open up. Got a fresh 100 steem waiting for her account to get activated.
Also, thanks for the tip on the BitBean - shit is taking off the last few days but no one listens to me when I try to hip them to it.
Champagne dreamin'

Thanks for explanation! ;)

Followed you on Youtube and Steemit !!!
Thanks for the great Videos !!!

Hi Trevon, keep it steemit! :D

Your video is clear and well understood for a beginner like me . Thanks a lot and am hoping to contribute in my own part to keep steemit community moving.

i like, thanks for sharing

It's Gonna Boooommmmm!!!

Thank you for the guide, a lot of useful tips for us newbies!

@trevonjb That the anserw i was looking for. Thank you.

Thanks for the explanaition

If you look on your votes right now i see that you have 273, one from me ;-), but if you look on your views you only have 205 views. So there are people upvoting stuff which they never have read. I think thats not the point of steemit. I think this voting should just be enanbled for people who have read the post. But for you it would be not so good because then you wouldnt get those high author rewards.

Nice video and good info. Appreciate it bro.

Nice video. Very informative. Learned a lot. Tnx.

good stuff trevon

Thanks Trevon:), I am still quite new to Steemit, so have not made enough yet to really focus on the steem power, but hoping i will do at some stage soon. Only a few blogs so far and it's been slow as my reputation still needs to build, but enjoying commenting a lot on other people posts and starting to make a few connections which is good. Cheers for this video matey as this definitely helped :-).

Nic3 dude thanks for that 5 doggos for yu

I buy extra Steem and power up to get more influence and help other Steemians with growing..

I mentioned you in my podcast this morning. pretty much just told my listeners what you said about steem, and it being the only altcoin normal people use on a day to day basis. I enjoy your vlogs man have a great day !

This post has been ranked within the top 25 most undervalued posts in the first half of Jun 05. We estimate that this post is undervalued by $33.97 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jun 05 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Thank you Tre

Amazing video im new on steem @trevonjb follow and upvoted

https://blocktrades.us/ is a better way to convert BTC, LTC, DOGE, or DASH into STEEM or STEEM Power and sent directly to and from your STEEM wallet and non STEEM wallet.

Jusr invested a large portion of my investment portfolio on steem, really starting to believe in this money making machine with a soul

i made a poor attempt at explaining this not so long ago. Thank you for doing it right.
decaprio cheers.gif

Thanks bro this was super duper informative. Now following! I actually came across you a few days on IG its a pleasure to connect. Hopefully we can build in the very near future.

Very good explanation of steem. Can you explain how the rewards on my comments and blogs grow over time even though i didnt got more upvotes?

9month's later and i'd like to say your post is still helping out people, myself included :) thanks for this info man, much appreciated, i'm on my 2nd week and there's so much to take in and this made sense of a big piece of it!

This is really helpful for Steemit newbies like myself. Thank you!

I am a newbie also haha

A BIG thankyou @trevonjb for this.. It really gives a start for beginners on Steemit. And no you DON'T suck at explaining,, your ramblings are in fact very helpful... Cheers!!!

I tried to trade my steem tokens by transferring to “bittrex”. Something went wrong. When opening my wallet and klicking “history” there is the information: Looks like bittrex hasn't started blogging yet!
Is there a possibility to send the steem token back to my steem account?
Thank you for helping me!
bara

Nice man thanks for the video

Thanks for the explanation, sure makes it much easier to understand.

Still fresh to the community, we only joined yesterday so thanks for the extra info!!

Thanks for all the info, helping me a lot as a new member.

Thanks! It is through your videos that I get to discover steemit!

Thanks for the information, do i have an option of converting steem dollar to steem power?

Thanks for the good Video.

Thank you so much for all your videos. This noob learned so much from you this weekend. Decided to take the plunge and start investing after watching your channel.

Finally, they allowed me to create my account. now i can join this amazing community

Thanks i really need it this