Trevon, do you know why the value of accounts have been decreasing over the past 2 days while the Steem value is increasing? 🤔 This really intrigues me and I can't seem to figure it out, so if you could shed some light it would be much appreciated 🙏🏼
The value on your steemit in your backoffice is generated from 3.5 days average from the witnesses.
If steem price stays way up for a week or two, you will see your account gradually going up.
It has to do with your steem power value.
If you have SBD or steem, this value has to do the market live.
Keep on steemin'
Really helpful info man thank you!!
That makes sense, thank you for the info!
You should go to https://www.steemnow.com/, they have the current value Steemit is using for Steem, I believe Steemit averages the value for the last three days or something like that, so the new price uptrend that started happening yesterday will not be visible in your account value until maybe Saturday.
I checked out the site and it had some pretty helpful metrics but I couldn't find the current value of the account. Do you know where that metric is?
No, what it has is the value of Steemit at that moment, right now it is at $4.34, you just multiply this by your available Steem. You can see how outdated this value is, as Steem right now is over 6 dollars.
Gotcha, makes sense. Thanks a lot!