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RE: STEEM at $7.50 - Market Cap at $1.9bn - But be Patient to See This Reflected in Your Wallet!

in #steem6 years ago

Well, the prices is getting lower now. And i'm not a professional crypto user. Lol XD
So, Is there any chance for steem to increase it price again?

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The one thing you can be certain of is uncertainty. Yes, prices have come off their highs; people are taking profits.

Remember that the real currency of Steemit is Vests - conversions into fiat US$ are of interest if you wish to cash out or are trading Steem/SBD internally. When you do wish to withdraw some funds, then is the time to consider the best price.

Uh it surprising me because i don't know that vests is the real currency of steemit Lol. I got to go and say sorry to ned XD.
Anyways, i'm still a newbie in the crypto world so, this informations are very helpfull ^^

If you look at your account here: https://steemd.com/@aranda
you will see top-right your Vests, which are converted to Steem.

I ckeck my voting power twice a day on steemd.com but do't know what is that numeral means, got it now. One more thing, So is it mean SBD are not calculated as a vests?

If you look here: https://steemdb.com/
you will see in large numbers STEEM PER MVESTS; that's the conversion rate.
Vests are the measure of "vested interest" in the steem ecosystem, in this case Steemit, essentially the right to vote. SBD is cash only and not counted in Vests, unless converted to SP.

Awesome, i've learn a lot of new thing by having a conversation with you, thanks dude @rycharde
And also sorry for the late response, got a bit busy here ;)

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