Some info for new users
this is ( almost )everything you need to know when you are a new user ( if you got any suggestions what is should add then let me know)
What is Resteem?
If you resteem something, it will show up in your blog feed. Those who are following you will see that post.
If you have curated that post, then it may be to your advantage to resteem it as well, as it will expose more people to the post to vote after you.
What is steem power?
Steem power is a unique system that is used to inspire long term growth and commitment. The cryptocurrency world is known for investors jumping from one cryptocurrency to another depending on the trend of the moment. Bitcoin is perhaps the most well known cryptocurrency. While Bitcoin has maintained its value, many crypto currencies fluctuate wildly. I have personally been involved in Dogecoin which has seen wild fluctuations due to investors jumping from one currency to another.
Steem power encourages long term commitment by allocating 9 Steem to Steem power for every Steem it creates. This helps create a community of investors that will be around for the long term.
Steem power is required for voting on content on the Steem platform. You will see references to Steem whales which are users who have acquired a large amount of Steem power and have therefore gained a huge influence over the Steem platform. Getting an upvote or a comment from a Steem whale can have a huge affect on your earnings. This system encourages good content creation as well as platform participation.
what are steem dollars ?
steem dollars are tokens which are more price stable. They represent an approximate value of about $1 each. You can hold Steem dollars and get a ten percent return on your money or you can convert them to Bitcoin and other currencies. I use Coinbase which makes it easy to send and receive Bitcoin. They even have a special wallet where you can automatically convert your Bitcoin to dollars and hold them in your Coinbase wallet. This is nice if you have concerns over the fluctuation in Bitcoin price. You can check the current value of Steem Dollars by checking the Steem Dollar ticker
You can also use your Steem Dollars to power up which is in essence investing in the future of Steemit.
what is power up 100?
100% power up means all of your shares of the earnings goes to powering up your account with Steem Power.
50/50 means you want some (half) to go to Steem Power and some (half) of your earnings from the post to go to your money account (either Steem or Steem Dollars) that are readily available for trade or to pay for stuff.
What determines SteemIt reputation?
Your Steemit reputation is entirely determined by the amount of upvotes you receive from your peers here on the site. You will get positive reputation points for upvotes on your content and comments and get dinged negative reputation points when a user of higher reputation flags your content/comments.
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Thanks for the info! Really helpful!