"in order for you to lose value in Steem Power over the next year, Steem prices with need to fall more than 70%. This is because, Steem Power Rewards are currently running at around 312% for the next 12 months"
Can you explain this a little further? Where does the 312% come from?
It's a little complicated, but i have posted on this before here. Essentially Steem is in distribution mode at the moment, and the dilution rate is currently much higher that the 100% everyone cites. It will be 100% in around 15months times.. We are currently running at about 312% for the next 12 months...
In the original statement it sounds like you are saying that even if the price declines by 70% you will be fine because currently rewards are running at a 312% increase/gain... am I reading this wrong?
That is correct. For the next 12 months