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RE: How-To/Walkthrough/Tutorial: Turn Steemit Rewards into "real money"
Thank you, David, for this tutorial :)
I have a question and searched a lot for it, but still didn't find the answer:
Where can I find Steem difficulty chart?
For Example:
Now, 1000 SP vote = 0.23 SBD
But one month ago, 1000 SP vote was = 0.26 SBD
That means the difficulty of voting increased, correct?
SO, How can I check Steem voting difficulty chart?
I asked someone and he told me that depends on STEEM price ( If it goes up, SP will generate more in voting and if STEEM price went down, voting power will generate a fewer SBD)... I didn't understand the relation between STEEM current market price and SP voting.
I hope from you to explain this point :)
Thank you @davidpakman,
well, its just that steem and steem power are the same with the only difference is that steem is liquid and SP is vested
So If the price of steem goes up then so does SP (since the value is the same) and then automatically so does your vote...