If the price of steem goes up my vote is worth more then when price of steem drops.
That is a fact.
But I do not know the formula. Is this lineair?
So I started calculating:
My vote is worth 11 cents at a steemprice of 1.34$
so 1.34$ divided by 11 cents is 12.
So if steemprice would be 5$ ---> 5$ / 12 = worth vote: 41 cents
would this be calculated correctly or does it make no sense?
if steemprice would be 20$ or 50$
----> 20$ / 12 = I could upvote 1.66$
----> 50$ / 12 = I could upvote 4.16$
that means if the amount in the rewardpool is the same as it is know. So just lets assume it is the same.
Does anybody knows if this is correct or got any idea how you must calculate this if this formula is not how it works? Leave a comment it would be very much appreciated!
please resteem to help me find people who know how rise in steemprice would affect upvote!
