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RE: Vlog 264: Am I worried about the STEEM price going down?

in #life • 6 years ago

Everyone's payouts have gone down but you still earn (relatively) the same amount of STEEM. (not SBD).

Rough example (not including beneficiary rewards or curator rewards).

A payout worth $20 at $2 STEEM = 5 STEEM + 10 SBD.

A payout worth $10 at $1 STEEM = 5 STEEM + 5 SBD.

6 years ago in #life by
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     6 years ago  

    Thanks @exyle. After I'd posted this I remembered what you told me about the relative price of Bitcoin and Steem and I thought it might be a similar principle. However, until recently we weren't being paid in Steem were we? It was just SBD and SP.

    Or in this case is SP the same as Steem except one is liquid and the other isn't?

    I think I might be getting it. Slowly, slowly. 😁

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