You are viewing a single comment's thread from:

RE: Am I a Minnow in Steemit Rank?

in #busy6 years ago (edited)

Not quite accurate but close

  • Redfish are those who have 499 Steem Power and less
  • Minnow are those who have 500 to 4,999 Steem Power!

The above statement would be true if 1 Million Vests = 500 STEEM, but that's NOT how it is.

As first, the value of VEST per STEEM is not fixed and it constantly fluctuates!
Once upon a time maybe it was 1M Vest = 500 Steem, but as I said, it's not how it is at the moment (and for quite some time by now).

At the time when I'm typing this, the rate is around
1M Vest = 494.229 STEEM or Steem Power
(On the below screenshot is current accurate value of STEEM/SP per 1M VESTs.)

2018-09-01 STEEM per MVEST


Accordingly, it means that:

- Red Fishes are members with up to 494.229 (own) Steem Power in holding, while

- Minnows are members whose (own) Steem Power is higher than 494.229 and up to 4,942.286 SP



Comment upvoted for visibility and clarification, and to avoid misleading and misunderstandings.

Sort:  


Not really that accurate if you say about accuracy,
why,
because, 1vest well vary its value from time to time

I said...

"At the time when I'm typing this..."

And this was 6 hours before your above comment!

I also said...

As first, the value of VEST per STEEM is not fixed and it constantly fluctuates!

So, everything I said was quite accurate at the time of posting my previous comment!

But what is still not accurate in yours is that...
One (1) Vest IS NOT = 494,.................... but 1 Million Vests = 494,............
And that's a HUGE DIFFERENCE!

However, 1M Vest is not exactly 500 SP for a very long time by now!

well, to get the current value of vest to steem I should post it's converter,
but, nobody cares wither they are redfish or plankton or minnow

thanks for your concern,

Hmmm... - I can somewhat agree with you that nobody cares about those levels (at least when the level names are in question). The possible effect that each level brings with itself (with SP in holding) would be a different story.

But now I'm a bit curious, why did you make after all the whole post around some topic that nobody cares about (as you said)???

because if nobody cares, I still care about it, being a redfish in steemit. and thats it.

and thanks I made inaccurate number in terms of vest to steem, because it brought you here!

Coin Marketplace

STEEM 0.18
TRX 0.18
JST 0.033
BTC 87961.61
ETH 3064.38
USDT 1.00
SBD 2.71