Post
Topic
Board Service Announcements (Altcoins)
Re: Steemit.com: Blogging is the new Mining
by
damashup
on 09/07/2016, 12:51:42 UTC
Another question....I`ve bought a BTC worth of STEEM on Bittrex, sent it to Steemit, converted it to STEEM Power and now the USD amount shown is roughly 400 USD.
So how did I manage to loose roughly 250 USD in the process?  Cheesy

Haha... you haven't lost anything. The $figure on Steemit is an estimate (it's based on an average price over 7 days I think - the White Paper goes into detail about this). Your Steem dollars would be based on whether you sell it for on the open market when you power down.

FYI - It's probably better to ask your questions on Steemit. Or search the site answers. Most Steemit users no longer post on this thread as it makes more sense to post (and earn rewards) on Steemit. The Steemit slack is useful also, https://steem.slack.com.