A Question about Steem Power
Sup cool dudes? Hope you're all having a fantastic day! I got a short question about steem power. I'm still fresh here and not exactly what you'd call "smart" so I need your help..
What do the two totals of steem power mean?
Mine looks like this..
77.988 STEEM
(+27.618 STEEM)
The heck does the two different power totals mean?
Steemit's amazing but man can it be confusing for new users!
Thanks in advance for your answers 😊
*Also while I got you here..any other train lovers in the house? I've always had a thing for trains. I just like watching them and even looking for a pic to add to this post I got lost for a half an hour looking at pictures
Here's a cool one. I think we should go back to steam powered trains. They're cool and I'm pretty sure this is good for the environment?
Take care!
The 78 is yours that you've earned, while the 27 has been delegated (loaned) to you for use until you reach a certain level, at which point it'll likely be taken away (mine was taken away when I reached about 480 SP I think, which, consequently was when I got my voting power slider bar as well). I think I was delegated 145 Steem as SP but this was before the Hard Fork, so it didn't help me that much. Then when the Hard Fork happened my vote was worth 53 cents, but the value of steem was almost $3 back then. Now my 100% vote is around 20 cents. Hope this helps!
Yes you're always a big help silvery arms 😝
Thanks dear, helpful post for steemit friends @goldenarms
The +27 number isnt yours. It is loaned to you while you are a minnow. I think at some point it is revoked.
If they hadnt delegated this tiny amount of steem power to you it would have made it near impossible to make any headway in the slightest.
Summary: not youra. U cant cash it out. At somepoint in the future...it gets taken back to the steemit pool!
Oh yes I remember now reading something about steem being lent to new users. Alright that makes sense thank you. I was seeing most users I checked out didn't have the second steem number. I'm a little minnow tho lol Cheers
Yea the (27.618 STEEM) is allocated to you from steemit to give your votes more oomph, add that to your 77,989 and it gives you vote power of 106. You need 35 for your upvote to be worth $0.01, so your vote is worth $0.03.
What has bugged me is when i started i had the same allocation in brackets but steem dropped me to (+12.408 STEEM) making my vote worthless and very difficult achieve anything, grrr, i have a vote power of 16 so it takes 3 minnows with the same voting power as me to add a single cent.
Do u know when that 27.618 gets taken from me? Does that just disappear or do I lose that from my aquaired steem too?
It does say it can fluctuate, i wasn't on a month before it got dropped, i started with a voting power of 30 but a month later im on 16 and nobody to complain to other than shake my fists at the skys shouting WHY? i run down stairs every morning in expectation that this might be the day i have a tiny bit of power to support the stackers on here but then trudge off to work with a self esteem that matches my steem power. But dont worry the 77.989 is yours and your powering on your own steem, even if steemit dropped you to zero your vote is worth £0.02 without their help so your in a good position
I can see you running downstairs like it's Christmas morning haha Thanks alot for your help @russelbury!
they have already dropped my allocated steam to 14, but ill be running on my own steem soon! :)
Hey guys, why not buy a bit of steem and power up? If you think steemit is here to stay then invest in it! There are many reasons why this makes sense, not the least of which is that you support the whole platform and would be able to give me bigger upvotes lol...
Seriously, steem is dirt cheap right now and has the potential to BLOW BITCOIN OUT OF THE WATER for % gains in the next couple of months -- especially since D-tube is about to be implemented.
Cheers!
Wow i worked it out and managed to buy bitcoin and tranfer it to my steemit account, only a small test amount but im sat here a little bit chuffed with myself and i have the power of a $0.01 reward at my fingertips lol
Awesome! Way to go man! I am excited for you too. Now help someone else out and let's get this show on the road :)
Thanks, yea if the community just powers up a little every week we could create something very lucrative here, there is a bigger picture and steemit has about 300k members, we need to be powered up for when there is a million plus and have the knowledge to use this platform to our full advantage
Fully and completely ;)
Yea i would like to, i tried signing up to coinbase but i didnt get passed the id verificaton part, just didnt like my driving licence and i realised i didnt know what i was doing so i ran away and hid. Im not experienced with cryptos and an ultimate novice
I lost mine and they switched it to 8 like a week ago, so Sad, free steem power was nice to have.
I have no clue what or how this Steem stuff works!!! Now the Trains, that is different. In fact I think I will go watch train videos. Thank you and take care. Paul.
Thanks Paul, have fun! 🚂 Choo Choo
Thanks
I was actually curious about that myself.
I'm here for my people 😊
steam trains are awsome! they can burn anything in the boilers but coal is the most effective fuel so not good for environment! they could maybe make radioactive atomic steem trains but dont know how safe they would be if they crashed!
I'd invest heavily in that
I don't think I ever had that or maybe I did and I just don't remember because I traded some of my Cripto's right away after I signed up. My wallet shows a -100 but that's because I delegated steam power to Minowbooster and it pays me dividends for curarations.