Posts

avatar of @yintercept
25
@yintercept
·
·
0 views
·
2 min read

I am glad my post was helpful.

The HBD value of rewards varies depending on the price of HIVE. The price of HIVE has been falling. This means the actual value of your upvote is falling. The image shows a snapshot of the upvote you gave my comment. It says the upvote is worth less than 0.02 and the rewards will be wiped away as dust.

Peakd shows that the upvote was worth 0.017. I will ask @irivers to upvote the comment to bring it over $0.02.

If you want to upvote comments, you need to make sure that the value of your upvote is well over $0.02. If it below that value then both you and the person you upvote will miss out on the reward.

Most root posts get more than $0.02; so this problem really only effects comments.

When HIVE falls, you need to either buy some more HP, or you need to stop upvoting comments.

The amount of funds you want to have in your account usually is around $600.00 USD in HP. When HIVE was trading at $3.00; you only needed about 200 HP for your upvote to be worth 0.02.

It is a good incentive for people to power up HIVE when the price dips. The upvote calculator has the wrong price for HIVE. It says HIVE is $0.61 you need 800 HP.

Coingecko says HIVE is trading under $0.5. What matters is the price of HIVE at payout. So, you probably need to have over 1000 HP. If HIVE fell under $0.4; then you might need around 1500 HP.

BTW, you've probably noticed that the value of your rewards often change during the payout process. This is because the actual rewards are determined by the price of HIVE at payout.

!hivebits

Posted Using LeoFinance Beta