I've got the same amount of votes and Steem, but they're going down! WHY?
First thing to mention is that this is quite normal! Even though these both fluctuate up and down, usually people just notice when it's gone down. This guide will cover why your post payouts and estimated account value are fluctuating.
Q: Why is my post payout going down? I've got the same amount of votes and no flags!?!
There are a few things that can effect a post payout outside of votes and flags. The biggest factor is the price of Steem over the last few days.
Remember that it's actually Steem that is being distributed to our posts from votes. A vote isn't actually giving you US dollars (or whatever your local currency is)...it gives a portion of the newly created Steem that day in the 'reward pool.' Steemit actually converts the amount of Steem that's been awarded to your post into US dollars (or your displayed currency.)
To get this value, the post value is calculated by multiplying the amount of Steem it's earned by the 3.5 day average price of Steem (on the open Market.)
Post Payout = amount of Steem its earned from votes (out of the reward pool) * 3.5 day average price of Steem
So when the Steem price goes down, you'll see the value of your post payout go down. The same thing happens when the price goes up (and your payout goes up,) but I've never heard anyone really question the increases.
Q: Why is my Estimated Account Value going down?
Much like the the answer on why post payouts fluctuate, your estimated account value uses the 3.5 day average of the price of Steem (on the open market.) This average price is them multiplied by how much Steem and Steem Power you have.
However Steem Dollars are calculated into your account value as if it equaled $1 US, even though they are selling for a lot more right now. (This is why it's better to take the 50/50 rewards instead of the 100% powerup. Since you're paid out as if it was only worth $1.
Estimated Account Value = (Amount of Steem * 3.5 day average price of Steem) +
(Amount of Steem Power * 3.5 day average price of Steem) +
(Amount of Steem Dollars * $1)
(Amount of Steem Power * 3.5 day average price of Steem) +
(Amount of Steem Dollars * $1)
Ultimately there is nothing going wrong, it's just that the price of Steem fluctuates and you are seeing the effect from that. But remember that these same fluctuations also make your payouts and account value go UP!
Part 1 of the guide on getting more votes can be found HERE
Part 2 of the guide on getting more votes can be found HERE
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Please Follow, Upvote and Resteem if you found this Guide Helpful.
Image Sources:
Stewie
Steem Chart from Coin Market Cap
Educational as always. You never seem to fall below your standard. Thanks for all the great posts so far, keep them coming.
Happy New Year.
I had no idea that the post "payout" amount fluctuated based on the market value of Steem currently. So I guess if Steem stays high up as it is now, post values will begin to increase if I understand correctly?
Exactly!!
The longer it stays up near this $5 level, the higher the increase well see. It's the shorter spikes that go back down that we don't see as much of an effect from since it's the 3.5 day average.
I appreciate this post. I had the same question and this explained it very well. I wasn’t sure how the price was estimated either. Thank you.
I'm happy to help out! I know there are soooo many things to learn on here and ideally it makes things a little less worrisome when we at least know why they're happening. :)
let's hope it goes up ... yes, it is very disheartening when it goes down. Thanks for posting what is going on. I know it is because the price is going up or down, however, it is nice to read why.
I'm right there with you! But it does happen.
If it makes you feel any better though...today the Steem price has been shooting up, hitting all time highs. So you'll be seeing your post and account values going up pretty soon, especially if this price holds for a while. :D
If you notice that It's already started to rise
Amazing ur job
I like ur post
Good luck @skyochica👍
Always helpful. Thank you very much.
I have been in Steemit only two weeks so far and there is so much to learn. This is one of the things I noticed and I was wondering what causes that. Your posts "Answering common ? " is literally like a school book to me :-) I found you through a post @suesa resteemed not long ago, thank you, I appreciate your help ladies.
I totally understand! This place was daunting when I first started too!
Thank you! I love getting to hear that these guides help out. (Suesa rocks!) :)
Btw...if you're ever interested...you might check out the Team Girl Powa discord community. There's a lot of cool girls in there. (just have a discord account and click the girl powa banner at the bottom of my post.)
I will definitely do that, thank you again and have a great day/night :-)
Yes thanks alot i got clear :) i have too trouble from these in my past post of sikkim travel.
Oh that's why their is a bit of different calculations involved wow thanks for sharing this post very helpful
Thanks for the informative post! Took me a looooong time to get my head around how this platform works and I'm sure I still have plenty to learn :)
Great job dear useful informations very informative post
Thank you!
So much value in this post @sykochica . I was wondering about the account value this morning so this is great. And, I'm psyched, my vote now counts for 5 whole cents for you lol.
This is awesome info thanks
Upvoted and nominated on discord. I still owe you ☺
A job well done...i am just getting to know about this for the very first time....thanks for sharing
i used to think it fluctuate with every day pricing
Very helpful.... Thank you
Another helpful article! Thanks for helping the newbies ! (Me) :)
could you just read minds ... I last time you upvoted one of my post,I was thinking why it is fluctuating.. and lol you wrote a post about !..
it has a cool algorithm along with it thanks for explaining in this post
Nicely explained everything thanks a lot for your post thanks for sharing
i love your post @bijoy123
wooow
good man😎😎
Amazing ur post
greetings my friend
@walidsalah
I probably would've told my new steemit friends maybe its cause YOU SUCK!!! Now I can just link them to this after.
quite accurate... actually it is my case i have been downgrading 'til 12 level, I have had to struggle hard in order to keep attention in my blog but i am happy to see the steem value is going up!! take care @sykochica happy new year
Looking forward to seeing you again soon. Wishing you all the best. Shared this sweet post in the latest:
JTS SteeMAGAZINE
Insightful, thanks for sharing @sykochica
I noticed this the other day and was wondering.. I say it a lot but once again, thanks so much for your help! I think I am slowly but surely getting it!
Aww...I'm more than happy to be helping out! I remember how daunting this all was when I started...you're doing great! :D
Navigating steem is probably akin to a prepubescent boy navigating the web in hopes of learning about sex. 😞 Just like that boy, I am grateful for useful information. Thanks. 👍
Am finally ease, lol
Excellant post !
Thank you! I'd noticed that stops that I had upvoted had kept acquiring upvotes or remained the same number of votes, and the value steadily decreased. But on a micro level (just my vote) I specifically watched my vote decrease payout on a stop (not my own). The only reason I could think of is: If you are too active (daily?), your vote starts to count as spam, and is actually negatively impactful to the stop you wanted to upvote. Also, thank you so much for the 50/50 payout info, the subtleties of this platform do 'take a village' to understand :)