This is an important information post about the current market situation.
Right now, the whole crypto market has gained a huge hit and lost some value ( around 30-50%).
STEEM - internally - is worth around 5.47$ (https://steemnow.com/upvotecalc.html)
But on the exchanges - it is only worth 3.37$.
The reason for this, is that the internal price is created through a cost-average of the last 3 days - or it has a delay of 3 days. We are not really sure there right now.
But in essence: the price is delayed.
Meaning - that in the near future - the internal price will be around 3.37$ - unless the whole market recovers very fast.
Why is that important?
This is important, because if you upvote a post now with a value of 3$ - this will be worth less if the STEEM price goes lower. (Which it will - with a high percentage)
Our Advise: if you think about buying votes right now - you better wait a bit until the price has settled or you won't make a profit!
What does smartsteem offer?
Bid-Bot through smartsteem - send URL as MEMO to @smartsteem - votes are every 2.4h - both SBD & STEEM accepted - check on bottracker for current status.
Buy Instant-Upvotes through smartmarket - profit guaranteed - send URL as MEMO to @smartmarket or go to smartsteem.com and use our own Tool. Both SBD & STEEM accepted. You will also see the currently available vote-values for smartmarket on smartsteem.com.
Sell your Votes with @smartmarket and earn profit with your voting-power (up to 98%) - you can enable it here: https://smartsteem.com/features
Delegate STEEMPOWER to @smartsteem and earn profit-shares of the bid-bot proportionate to your delegated amount. We pay out 100% of our profits! Go to https://smartsteem.com/sponsors and check out this post: https://steemit.com/steem/@smartsteem/guide-how-to-delegate-to-smartsteem-and-earn-profit-shares
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If you have any questions, feedback, want to collaborate with us or something else you want to tell us - come and join our discord! :)
Aren't the witnesses providing the price feeds for steem? But they probably follow the prices of the exchanges anyway.
And the STEEM price is then the median price feed of the last 3.5 days of all the top 20 witnesses price feed. Further information in my last post.
so sad.......😭😭😭😭😭
i join you in discord
i am much sad for crypto
it's all going down 😭😭😭😭😭
i join you in discord @smartsteem
it's all over now....cryptos are doomed (jokes jokes)
Isn´t it also the case, that in crash times, the payout (the 50% SP part) is also decreased as it´s calculated with the momentary price of STEEM? I´m still trying to figure out the exact rules...
No wonder my vote power keeps on slipping 😩
Thought I had broke $0.10 but it keeps on falling...
Great update. I don't think people understand this. I stopped buying until the price stabalizes.
Now is the time to vote for each other and save ourselves!!! 🤨
!
Wahoo, a bit of a break from the bots...
A bit of break indeed
I agree! Those bots can be annoying.
Any idea why red fish votes arent worth anything?
I mean it would be cool if it felt like I was accomplishing something when I upvote and not be giving out 0.00 votes.
so are yall gonna refund my 1sbd that i sent to your bot over 2 days ago and never got jack shit back for? or are we gonna play some games.