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RE: Creating a playlist and I want YOUR help! What is your favorite song on Repeat right now?!

in #music8 years ago

Powering down converts your Steem Power into Steem at a rate of 1/13th per week, Steem can then be transferred to exchanges and be sold there. Would not recommend since it would only be around 10 Steem a week right now with the current price being 1,70$ per Steem and it would mean you'd lose influence on your own votes & curation rewards.

Steem Dollars are currently selling at a premium though, they work usually as a peg to the Dollar but since there is more demand for them than there is supply they are right now trading for 1,85$/ SD.

and don't worry about that :) I'm glad to be in a position where I can distribute Steem Power and Steem Dollars to a wide userbase and help out newcomers like you get started and gain some visibility/followers.

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Ahh okay gotcha. So don't power down right now? Just leave things as they are?

You're the best! Also, I don't know if I ever got your name / where you are from :)

I'm from Finland and everyone usually calls me Acid since middle-school (nope, not because of the drug :p)

Yeah, I think that would be the best option :)

Wait, sorry one more question! My post just jumped up to almost $200 and it has never done that before! I guess I'm confused as to 1. why that happened and 2. how the $ I receive on the posts is way more than my steem dollars / the account value. :)

A few users with a lot of SteemPower upvoted it :)

The payouts of them occur after 1 week and then your account value will update accordingly but what is displayed as account value depends on the average price of Steem in the last 3.5 days.

Ahhh gotcha. Thank you! Just got back from a 5 mile run! :)