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RE: How Does The Estimated Account Value On Steemit Work
The value it is showing you is your current Steem + SteemPower + Steem Backed Dollars.
The Steem and Steem Backed Dollars can be withdrawn at any time and sent anywhere. The SteemPower needs to be powered down, it takes 13 full weeks if you want to power down 100%of your Steempower.
Every 7 days you will get 1/13th of what your Steempower is. You have 950 something right now, so in 7 days you will get 73 Steem. Current Steem Price right now is about 1.58 USD.
You can find all of the prices per Steem here, and every exchange that lets you deposit Steem https://coinmarketcap.com/currencies/steem/#markets
thanks, I just am still new to this and think it's not right to say how much the account value is worth if it's not even close to the amount that you really get. I need green backs right now, so I'm doing my due diligence on this stuff and want to make the money from Steemit.
Your account is worth that much, it just takes 13 weeks to power down your SteemPower by 100%. They did that so people don't withdraw it all at once and crash the price.
I always do the 50% 50% reward when I make blog posts so I get 50% of it that is spendable right away.
Thanks, that makes it a little more understandable for me.