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RE: On Voting Bots

in #steem7 years ago

@yabapmatt do you have any idea why rewards are changing within the time? I've used bots several times and I've noticed that within each day estimated reward seem to pretty much always drop. Example:

111.jpg

Noone downvoted this post and yet my predicted rewards in SBD went down from 78sbd do 71sbd. Which is insane.

I thought that rewards may drop once price of steem and SBD is also dropping. But right now both STEEM and SBD increased their value but my rewards seem to be lower than just a day ago.

I would appreciate if you could share your thoughts. It seem that whenever value of steem and sbd is changing, it affect our rewards negatively.

Yours
Piotr

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The value of the rewards shown on steemit.com and other frontends depends on the market price of the STEEM token. It uses a 3.5 day average of the price. So the reason you saw a lower reward value is because the 3.5 day average price of STEEM was lower when you looked a day later than when you looked originally. Similarly if the market price of STEEM increases the payout value you see will increase.

Thank you for your kind reply.

i'm very sorry for such a late reply. have been away for several days but Im back now :)

just wanted to thank you for your previous comment