You might have noticed that the dollar value at the bottom of your Steem posts fluctuates from day to day within the first 7 days. This is because the price is just an estimate calculated with the quantity of STEEM that the post has earned, and the average market value over 3.5 days. For example, if your post has earned 1 STEEM and the market value of STEEM is at $3, then the post will display $3.00. However, if the 3.5 day average price of STEEM doubles, your post value will double too!
This is also the reason why your vote value changes from day to day, even if your voting power and SP stay the same.
This was one of the shorter topics to explain, but let me know if didn’t make sense in the comments.
Thanks for watching! 😀
Music by Chillhop: http://youtube.com/chillhopdotcom
Globuldub - Foreign Exchange: https://soundcloud.com/globuldub/foreign-exchange
▶️ DTube
▶️ IPFS