You are viewing a single comment's thread from:

RE: Steem vs USD. We are on our way to .85/USD! This could be the chance everyone has been waiting on to get some significant SP.

in #cryptocurrency7 years ago (edited)

they are fairly accurate... but the shown $-values (that's also displayed under posts) is calculated in the same way and also fluctuates based on the price-feed, thus it is equally inaccurate due to the "broken" peg.

Sort:  

OK, I'm going to do more digging, I really want to make sure I understand this fully. I am going to review the white paper and the code itself until I get a total grasp on the entire self balancing and payout algorithms.

Thank you again for your input, I really appreciate it. I'm only a few months on the platform, so I am learning plenty still.