Vote Value, Steem Price and Accumulation

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·@paulag·
0.000 HBD
Vote Value, Steem Price and Accumulation
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<p><img src="https://sprottmoney.com/media/magpleasure/mpblog/post_thumbnail_file/8/f/cache/1/ece9a24a761836a70934a998c163f8c8/8f62f3143c09a336dae7b79033951e54.png" width="710" height="428"/></p>
<p>There has been much talk about the value of a vote since the HF. &nbsp;In some cases, people feel their vote is not worth as much and they are trying to match values to what’s shown on Steemworld.org and Steemnow.com</p>
<p>Both sites will show a different value to your vote. &nbsp;Steemworld shows the value your vote is worth if the post has already reached a certain threshold of Rshares. &nbsp;Steemnow shows the value of your vote assuming there are very little other votes given.</p>
<p>&nbsp;https://cdn.steemitimages.com/DQmYDYtZxJUc9zKoZi3NF57DR7nenxBhNNtqMLJ8Tod1jrg/1.png https://cdn.steemitimages.com/DQmWPyD2JTiSdC4WZvNhUNkzQqncx52bcedYCdj4JVhyHx4/2.png&nbsp;</p>
<p>At the end of the day you need to remember, your vote counts. &nbsp;No matter what the monetary value. &nbsp;Each vote you give, pushes the creator closer to the threshold where the value of votes increase.</p>
<h2>Steem Price</h2>
<p>The price of steem directly affects the value of a vote. &nbsp;The price of steem is the lowest I have seen it since I started here over 2 years ago. &nbsp;At the time of writing that’s only $0.158. &nbsp;In the last month, the highest price was $0.198. &nbsp;A 17% drop. &nbsp;You really need to take this into consideration when looking at the value of your vote and any loss it may have incurred.</p>
<h2>Accumulation</h2>
<p>The price of steem being low plays in favour if you are looking to accumulate. &nbsp;You see the value shown on a post is in STU. &nbsp;Not steem. &nbsp;This is based on the price of SBD which is currently at $0.795. &nbsp;Therefore, for every $1 shown as a post pay-out, the post earns $0.795 worth of steem. That’s 5 steem. &nbsp;</p>
<p>The table below shows that even posts with only a 20-cent pay-out value will still pay-out 1 steem. &nbsp;A pay-out value of $5 will pay-out 25 steem.</p>
<p>https://cdn.steemitimages.com/DQmTKWizHdx4rGjYqpVxVbJaqbEHTJcgRmbVwDZ1emhVgd4/3.png</p>
<h2>Mindset</h2>
<p>If you can take a longer term investor type mindset about steem, I think you will do just fine. &nbsp;If you are currently using your earning from steem to support your living then I am sure you are finding these times a challenge. &nbsp;There are not enough investors to currently create value that can be withdrawn without it putting further downwards pressure on the price. &nbsp;Steem needs people with a long term mindset. &nbsp;Investment is not always about putting in cash. &nbsp;Investing your time and powering up shows a long term goal. &nbsp;Time is a scarce resource, and so has value.&nbsp; &nbsp;Im happy to invest as much time as I have spare, as long as I am enjoying it. I tend to step back a little when I am not. &nbsp;How much time can you invest for a long term gain?</p>
<h2>Wrapping up</h2>
<p>Now is a great time to be accumulating steem. &nbsp;Publishing 5 posts a week with a pay-out value of $5 will return you creators rewards of 62 steem. &nbsp;That’s not so shabby if you are looking to accumulate. With the higher curation rewards too, well it makes curating a lot more interesting. &nbsp;Don’t let the low price of steem get you down. &nbsp;Instead use it as an opportunity to grow. &nbsp;And if you really want to grow fast, use the low prices to buy in while you can. &nbsp;When we are back up to $1 for steem you will be mad that you didn’t.</p>
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