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RE: Keeping that SteemPower Mine - No PowerDown
And when the STEEM price increases in the future, your account would be worth even more!
And when the STEEM price increases in the future, your account would be worth even more!
Do you understand how exactly STEEM is related to steempower?
If so maybe you could help me (and others) out by answering the question in this post. Thanks!
https://steemit.com/steemit/@maybebuddha/does-steem-hold-its-value-as-steem-power
STEEM is related to steempower in a sense that Steempower is locked into the website, with the option to withdraw(power down) it, while giving you more influence on your posts, comments, and likes(paying people and yourself for liking commenting etc.) Powering down is a process that pays you out in 13 payments over 90 days. roughly every week. Steem can be sent to any exchange and converted to btc or other currencies immediately. I believe steempower holds its value with steem in the exchanges. When i first created my account I had 9 steempower. it was worth 7 dollars usd. Before I added btc to my account today, it was worth 20 usd. It has risen in value along with the increase from 1.30 to 2.05.
Cool, thanks for the input. That's what I suspect also. It would make sense for steem to hold its value while it is steem power. I won't be satisfied until I can see an official formula from the steemit team, but for now, this makes me optimistic.
STEEM will be top network someday im sure
Fingers crossed!
I like this too.