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RE: ❓Question About STEEM DOLLARS to STEEM Conversion❓
From what I understand, you get an average of the SBD-STEEM ratio computed over the seven days. You get an averaged price, not one that's determined by the time you order the conversion. It was designed that way so as to prevent gaming the ratio.
After taking a look at the SteemWhitePaper I do believe you are correct @nxtblg. Here's an excerpt from page 11:
Steem factors out short-term price fluctuations by using the median price over a period of
one week. The median published feed is sampled every hour on the hour.
Thanks for looking it up, @cognoscere . I remember now: that's where I read it.
But I did forget the hour-on-the-hour part. :)
No problem @nxtblg. I think maybe the wording of that pop-up window needs to be revised!
Welcome to Steemit....
(Yeah, I'm kidding.)