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RE: STEEM Update: The Chalice of Wealth is about to POUR!

in #bitcoin7 years ago

I clicked on your profile and went to your wallet and looked. It is the blockchain....all that is public for viewing.

As for voting, this is how it works.

Each day you reload 20% of your voting power. Each vote at 100% sucks out 2%, hence, using advanced math skills we come up with 10 votes at 100%. If you only vote 10 times a day, no problem.

If you want to vote more, then you risk running your voting power down which means it will lessen how much votes are worth to others. So what is best is to vote at a reduced rate.

For example, you can give the blog post itself 15% or 20%. In the comments, if you want, you can do 5% or 10%. Sometimes I do 1% as a way to get my voting power to go further.

I also am at the point that a 1% vote is worth a penny so I am at least giving something. Nevertheless, every vote helps and will give the person you are voting something, even if it is .002.

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Awesome first time i had someone explain it! So youbsaid i have 500 SP, even when i look at my wallet i only see the +27.777 where do you see the 500 in my wallet??? What does the 500 stand for? Does resteeming cost anything, what is its value or benefit??

You have 199 in STEEM (which I would convert to steem power by powering up as long as you dont need it)

Under Steem Power you have 805 STEEM which is not liquid since powering down happens over 13 weeks.

500 is the level that the slider is allocated to people. Newcomers, unver 500, have to vote at 100%...once you cross the 500, you get the slider bar.

No cost to resteem anything...the value is to give someone more exposure, especially if you have a large following.

I have a few people I check out their blog everyday and even when they dont write something themselves, they will resteem it.

Thank you!!

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