The Estimated Value isn't necessarily correct?!?!

So would you like to know it's value,
right now...in US dollars?

Like I did in my previous guide on How is my post's payout calculated into Steem Power and Steem Dollars? There is going to be a little bit of math, but I promise it won't be anything difficult.

Q: So how can I figure out my current account value in US dollars?

The major reason the Estimated Account Value can be inaccurate is because your Steem Dollars are being treated as if they were worth $1 US of Steem, instead of over $7 right now. If all you have are Steem and Steem Power, then your account value will likely (not always) be more accurate. (This is because this uses a 3.5 day average of the Steem price. So major price movements in a short amount of time can throw it off.)

We're going to use this as our example:

Current Price of Steem (at time of writing) = $6.50/Steem

• Check Current Price Here --> https://coinmarketcap.com/currencies/steem/
  Current Price of Steem Dollars (at time of writing) = $7.08
• Check Current Price Here --> https://coinmarketcap.com/currencies/steem-dollars/

So what we're going to do is multiply your Steem and Steem Power times the current price of Steem, multiply your Steem Dollars by the current price of your Steem Dollars...and add it all together.

[NOTE: You can NOT sell you Steem Power until it's 'unlocked' a bit each week by powering down.]

In our example, our Steem is worth:

Amount of Steem * Steem Price = 2.002 Steem * $6.50/Steem = $13.013

our Steem Power is worth:

Steem Power * Steem Price = 19.521 Steem Power * $6.50/Steem = $126.89
You'll ONLY use the part on the top line...NOT the number in parentheses.

and your Steem Dollars are worth:

Steem Dollars * Steem Dollar Price = 97.507 SD * $7.08/SD = $690.35

YOUR GRAND TOTAL IS...

Steem Value + Steem Power Value + Steem Dollar Value
=$13.013 + $126.89 + $690.35 = $830.25

One final note...

You'll have to check the current prices and replace the ones I used for Steem and Steem Power. Also, this doesn't mean the prices when be the same if you were to power down and/or transfer things through a final exchange.

Please Follow, Upvote and Resteem if you found this Helpful.

Click HERE for a list of All my Guides!

Image Sources:
Accountant