A good portion of the CO2 in a tank is liquid, you can actually feel it slosh around if you move it from side to side. As the temperature lowers, so does the pressure required to maintain the liquid state, thus lowering the pressure of the gas. The opposite is true with rising temperatures. If I recall, this is called the vapor pressure (physics class was a long time ago). This is one of the reasons why paintball guns that use CO2 have field expedient spring adjusters. On a hot day, you'll probably have a "hot" gun that needs to be turned down. For a set temperature, lets say 70 degrees, the CO2 in your tank will maintain a constant pressure while there is liquid in the tank.
So to answer your question, if CO2 pressure at 70 degrees is 850 psi, your shots will be fired at a consistent 850 psi pressure. A bit of CO2 will boil, bringing the pressure back to 850 psi. This requires energy, which comes from its surroundings. If you rapid fire, the tank will chill, dropping the vapor pressure and your shots will become weaker. I recommend waiting at least 10-15 seconds between shots for max shot consistency. Once the tank is out of liquid CO2, the pressure will drop rapidly with each shot, signalling you need a refill.