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RE: Is somebody stealing my voting power? What's going on?!

in #voting7 years ago

But people powering down and selling their steem would actually increase the value of your vote since there would be less overall steam power in the system. So the ratio of your steem power to the total steem power would increase. Of course the buying side would probably immediately power up and the price of your vote would revert to the original state, but it would not go down. It can only go down by other people powering up with newly generated tokens. So I would guess the inflation level has to be higher than they state. Unless I'm missing something.

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Actually, what's will happen with STEEM when you power up? Is that STEEM burnt (like when you promote your content with SBD) or is it sent to some account? I think it's crucial.
I agree with you that powering up by other users cause me decreasing voting power...and powering down cause me increasing voting power. But what happen with STEEM? Burning them after powering up and creating new tokens after powering down would be logical. So when whales power down, new tokens are created and price is decreasing. But it should cause me increasing weight of my vote!

I think that both steem power and steem are treated as one as they are always "converted" 1:1. So it probably stays where it is and just changes state. The only think I wonder is whether powered down steem is being calculated into the total steem power pool when assigning personal vote value. I will have to read about that.

EDIT: Just FYI the value of your voice is 0.027$, so you shouldn't worry. It just shows the two digits, but you will still get the correct amount.