sorry spelling mistake. I have NOTICED that dollars go down in the estimated value section of the wallet. why does that happen. and what does the estimated value section really mean
It is directly related to Steem value. Lets say Steem Price is $1 and someone who upvoted you had 5 000 Steem Power. At a price of $1 per Steem this power will generate $0.5 in potential payouts. Now, if steem will increase in price before your payouts occur (within 7 days of initial post) and rises up to 1.2, this means that your potential payouts will also increase and will therefore be 0.6 dollars. If it decreases, the potential payouts will also decrease accordingly. It is called potential, because you never know what will happen during this 7 day pending period.
Today SBD costs 6 times more than Steem. But as long as SBD is pegged to USD, you receive 6 times more dollar value per SBD per payout.
Hope this will help.
Being a fairly new member I can only assume this is based on your earnings through posting and commenting on comments as well as curation.
Unless anyone else knows more then please comment?
sorry spelling mistake. I have NOTICED that dollars go down in the estimated value section of the wallet. why does that happen. and what does the estimated value section really mean
It is directly related to Steem value. Lets say Steem Price is $1 and someone who upvoted you had 5 000 Steem Power. At a price of $1 per Steem this power will generate $0.5 in potential payouts. Now, if steem will increase in price before your payouts occur (within 7 days of initial post) and rises up to 1.2, this means that your potential payouts will also increase and will therefore be 0.6 dollars. If it decreases, the potential payouts will also decrease accordingly. It is called potential, because you never know what will happen during this 7 day pending period.
Today SBD costs 6 times more than Steem. But as long as SBD is pegged to USD, you receive 6 times more dollar value per SBD per payout.
Hope this will help.
Being a fairly new member I can only assume this is based on your earnings through posting and commenting on comments as well as curation.
Unless anyone else knows more then please comment?
Possibly it goes down due to poor postings and being flagged or even because the value of Steem has fallen.