Income form Steemit platform is based on the estimated dollar value of the Steem. If the value of steem goes down the estimated income will also comes down and if the value of steem goes up the estimated income will also be increase.
During the recent period the Steem price is continuously coming down and therefore, income form steemit platform is also coming down.
We can only hope for the prices to go up in term of earning some handsome amount.
Your "income" is an estimated dollar value of the Steem tokens you will get based on the 3 day average of the Steem prices in the market. As the price fluctuates, so does your estimated earnings.
Keep in mind that until you redeemed your rewards, the money isn't really yours. good to have that mindset in the unlikely event that someone downvotes your stuff.
It doesnt always. It is based on the previous 3 days average of the price of Steem.
Therefore, if the price rises during the 7 day period, the value of your posts will increase, however, ifnthe price of Steem falls, so will the value of your posts and comments.
Sadly, the price of Steem has been falling recently!
I hope this answers your question. If you search the Steemit site, there are a number of posts explaining how payments are calculated.
Income form Steemit platform is based on the estimated dollar value of the Steem. If the value of steem goes down the estimated income will also comes down and if the value of steem goes up the estimated income will also be increase.
During the recent period the Steem price is continuously coming down and therefore, income form steemit platform is also coming down.
We can only hope for the prices to go up in term of earning some handsome amount.
Your "income" is an estimated dollar value of the Steem tokens you will get based on the 3 day average of the Steem prices in the market. As the price fluctuates, so does your estimated earnings.
Keep in mind that until you redeemed your rewards, the money isn't really yours. good to have that mindset in the unlikely event that someone downvotes your stuff.
It doesnt always. It is based on the previous 3 days average of the price of Steem.
Therefore, if the price rises during the 7 day period, the value of your posts will increase, however, ifnthe price of Steem falls, so will the value of your posts and comments.
Sadly, the price of Steem has been falling recently!
I hope this answers your question. If you search the Steemit site, there are a number of posts explaining how payments are calculated.
The steem price is used to determine the worth of
an upvotes and it is the upvotes that you get that determines the income you earned from a posts
so when the steem price is falling then it will be normal for the income of the posts to decrease
and if the steem price is rising it will also be
normal for your income on a post to increase so
that is why we all need to come together as force
to make the market continue be bullish
because when the market becomes bullish it will
favour us as a steemian too