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RE: New to steem

in #new • 8 years ago

As far as I know (I'm new on this too, btw), the steem is a cryptocurrency. With it, you'll be paid by posting anything you desire to share. The number of like your post have would determine the payout, or at least is what I've understood. Welcome to Steemit!

8 years ago in #new by
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     8 years ago 

    Cool, so like how many likes do you need to get paid?

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       8 years ago 

      It depends on who votes on your post.
      For more information check www.steemithelp.com

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         8 years ago (edited)

        Actually it depends on a lot of factors:

        • It's not the amount of votes but the weight of the votes. If someone with a lot of steem power votes you earn more.
        • If the price of STEEM goes up you earn more (at least the equivalent amount in fiat currency)
        • There is a "fixed" amount of STEEM created every day. The posts with the larger amount of votes (as described in the first bullet) get a larger piece of the pie.
        • The blockchain pays out seven days after the posts are published.

        The best way to earn more is to get more followers. So commenting on other people's posts is a good strategy.

        Oh and comments can also earn you STEEM if they get upvoted.

        Finally...welcome :)

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           8 years ago 

          As for what I've observed, you would need more than 20 likes to being paid, but it depends too of how many promoters you have. Sometimes you got 80 likes and some steemit dollars, like 4 or more.

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