Hey there Steemers!
Just a quick question I can't get my head around....
Why is it that posts seem t be going down in value every day. The votes have been cast and the post is worth x, I turn on the next day then the post is worth less?
Is this due to currency fluctuation?
Or something else?
Not complaining just interested to know!
Thanks
That is what I have heard, but again I am no expert on this!
As I see it, since we are getting paid with a 7 day delay, the actual payout must be based on the current currency price. When miners mine x amount of Steem and about 70% will be sent to us Steemit contributors on a close to a USD value then we must to some extend be dependent on the Steem valuation.
Other Steemians are welcome to futher explain or correct this.
ronni