You are viewing a single comment's thread from:

RE: @tipU Investors Report 26.09.2018: HF20 Problems

in #steemit • 6 years ago

Hi @earlmonk :)
The reinvest happens before payout so technically with 100% reinvest there is no payout - only 0.001 SBD to send the message.

So both SBD and STEEM income are being reinvested to virtual STEEM POWER and you dont have to do anything :)

6 years ago in #steemit by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     6 years ago  

    Thank you @tipu! This means that the amount of the virtual STEEM POWER changes according to STEEM price, right? So as STEEM price goes up and SBD stays at 1$ the SBD invested will be translated in less virtual STEEM POWER, is this correct?

    $0.00
      Reply
      [-]
       6 years ago  

      Correct :) but only for new investments, the price fluctuations don't affect already made investments.

      $0.00
        Reply