Why does Steemit report a wrong value (by nearly double), or so it seems?
The last reported estimated value of my account was over $2,000. Now I realize that this is an estimate, but why is it that through checking a few websites (listed below) I see that my account's just a little over half of what it should be at?
http://www.steemdollar.com/
http://steemwhales.com/avilsd
I'm just confused on what the REAL value of my account is worth when I'll power down in the end. From the start of my little journey for the car I decided to take the steemit value and DOUBLE it ($5k actual USD goal, so I chose $10K steemit value) but that was to account for the crypto market being incredibly unstable. Is steem power worth half.. or.. what exactly is going on?
Looking in your wallet, I see that you have 2,382.01 Steem Power but 0 SBD. And the estimated value is 1,822.37 USD.
Steem Power is not the same as Steem Dollars and in that website there is no SBD input box.
I don't know how Steem calculates the estimated account value.
Right, so I'm at a loss for how much the actual value is after I'd power down
i am terribly confused.... i delegated with 100 steem just as a test on smartsteem, then opened up sell votes on there too ....a few days later the estimated value on steemit wallet says $12,583,311,572.33....and no i am not excited there is some kind of mistake here ...tried to google it but no info
That is a bug, but it is not affecting any interaction with the Steem blockchain. It is just in the ui side.
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This is still confusing to me today! I can see that my account is worth around $17 accordingto Steemit... but.. I have $4SBD and $4Steem power (both are valuedaround 3.5) so my actual account balance is closer to 30 dollars!
Check out this page for a great explanation:
http://steem.supply/rewards