Steem Price Affecting Upvote Worth
I've been taking note of the price of Steem and if it affects the upvote price. I've noticed that when the price goes up the upvote is going up. So when it goes down the upvote price will go down. This is at least what I've been noticing.
This is very good for me right now though because that means that my upvote worth is increasing. I'm almost at 0.70 upvote worth at 100% voting power. I'm taking advantage of this because the price helped my upvote worth.
I'm very glad because this helps me get closer to $1 upvotes. I know it might go down so I need to try hard to build it up as fast as I can.
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WOW i had no idea, but makes sense.
Blockchain adapting it self to the more value.
Because if the price is going down steem has to decrease the reward so the steem price doesn't lose all it's value.
And if it is going up then it can produce more.
Great to know because this way make this much more sustainable in the long run.