Why does my Steem power under wallet say my account is only worth around $400 dollars when I have over 800 Steem power and Steem is trading at $3.09? I was told that 1 Steem power equals 1 Steem is this not true?
Why does my Steem power under wallet say my account is only worth around $400 dollars when I have over 800 Steem power and Steem is trading at $3.09? I was told that 1 Steem power equals 1 Steem is this not true?
The estimation is using an average price feed, it should slowly increase as the price stabilises. See my post: https://steemit.com/steemit/@scrawl/missed-out-on-the-steem-pump-don-t-worry
Thanks for sharing.
Steem power is different than "Steem" . I am still learning about what the rate between steem and steem power is though
The estimate is based on the average price over the week, not the current price.
Also only $400 is still pretty good! :)
Thanks
its the average price of steem within the last 7 days. Jjust an estimate
I asked the same question yesterday
https://steemit.com/help/@ph111p/i-need-more-steem-power-have-i-been-robbed