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RE: Newbie question: Buy Steem power
My upvote just allocated $0.51 to your post. As the price of steem goes up, the amount allocated by my power goes up too. It went all the way up to $10 in the past.
Also, the interest rate im getting right now is staggering and is a well worth investment.
Yeah cant beat the interest rate :)
That's much appreciated @cryptoctopus - I've also noticed my reputation go up from 25 (which was stuck at that number for the last few days) to 37. Seems like your influencial upvote is having an effect on my reputation too.
You mention that the price of steem affects the upvote amount. What forms the price of steem? Are you talking about the internal or external market?