RE: VOTING POWER VS STEEM POWER: explained simply
I'm new to all of this...and trying to learn more. Your post makes sense and confirms what I was thinking, but my own account has me puzzled. I know that I don't have huge amounts of Steem Power, but my Vote Value has been .01 unless I let my Voting Power drop below 80%. It has been really consistent with this. Can you tell me why my Vote Value would be 0 (started yesterday) even though by Voting Power is over 80%...right now it is at 98%? Is it something that I did...or could it possibly be because the price of Steem has fallen so much that the value of my account is worth less even though I have more Steem now than I did before? Any help or insight that you could offer would be greatly appreciated. (I will be following you. Thank you for your great posts with very clear explanations.)
its just because the steem price dropped from 6 to 2,5 as you already thought. The important thing in the end is going to be having more steem power, not the value of steem at this moment. I like it low, you get more rewards relatively
Thank you very much for answering my question. I really appreciate your help.