hi @five34a4b. beginning to wonder if your posts are run by a bot?!? I see you really liked this post enough to upvote it - no, wait, no upvote yet. well thanks anyway for the thought and the comments. The comments really are appreciated.
You are missing that SBD are worth more per coin currently then Steem.
SBD = $3.90
Steem = $3.47
Now those prices are averages among different exchanges, but close enough for this.
4.9 Steem = $17
4.5 SBD = $17.55
I won't say don't power down, but just make sure you are doing it for the right reasons. Grow your account and keep doing so. Long term you will be much better off IMO.
ok, thanks @thedarkhorse - for some reason I had the idea that 1 SBD roughly equals 1 US$ - that changes the picture when SBD isn't roughly pegged to the USD.
I learned something new today - thanks again @thedarkhorse, much appreciated!
BTW, if you need to convert one to the other use the steem market.
Most of the time the exchange rate paid is very close to the difference on other exchanges. Close enough that unless you are trying to make profits by playing the differences it's probably not worth transferring out of the Steem platform just to bring it back.
I'm so late in getting here! yes, you need to power down - week after week. Then the steem comes in as projected above. You can sell in through blocktrades or convert it to sbd in the market. In my experience, the market is a better rate - but not by too much and maybe not worth it. I hope you are doing ok - I saw you were not posting much through my steemdunk and so stopped by to check things out. Hang in there - as I am doing too :(
This post has received a 48.97% upvote from @msp-bidbot thanks to: @watertoncafe. Delegate SP to this public bot and get paid daily: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP Don't delegate so much that you have less than 50SP left on your account.
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you can delegate by clicking following links: 10 SP, 100 SP, 500 SP, 1000 SP or Another amount
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by watertoncafe from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.
I really like this post watertoncafe! keep up the good work!
hi @five34a4b. beginning to wonder if your posts are run by a bot?!? I see you really liked this post enough to upvote it - no, wait, no upvote yet. well thanks anyway for the thought and the comments. The comments really are appreciated.
Ah, the post is too old to resteem. next time!
Ha ha! just to prove I'm not a bot, have an upvote and even a resteem!
You are missing that SBD are worth more per coin currently then Steem.
SBD = $3.90
Steem = $3.47
Now those prices are averages among different exchanges, but close enough for this.
4.9 Steem = $17
4.5 SBD = $17.55
I won't say don't power down, but just make sure you are doing it for the right reasons. Grow your account and keep doing so. Long term you will be much better off IMO.
ok, thanks @thedarkhorse - for some reason I had the idea that 1 SBD roughly equals 1 US$ - that changes the picture when SBD isn't roughly pegged to the USD.
I learned something new today - thanks again @thedarkhorse, much appreciated!
SBD is "pegged to $1" if it goes to low you can convert to Steem based on a $1 value. It isn't pegged the other direction though.
BTW, if you need to convert one to the other use the steem market.
Most of the time the exchange rate paid is very close to the difference on other exchanges. Close enough that unless you are trying to make profits by playing the differences it's probably not worth transferring out of the Steem platform just to bring it back.
hi @fitinfun, any words of wisdom for me?
I'm so late in getting here! yes, you need to power down - week after week. Then the steem comes in as projected above. You can sell in through blocktrades or convert it to sbd in the market. In my experience, the market is a better rate - but not by too much and maybe not worth it. I hope you are doing ok - I saw you were not posting much through my steemdunk and so stopped by to check things out. Hang in there - as I am doing too :(
This post has received a 48.97% upvote from @msp-bidbot thanks to: @watertoncafe. Delegate SP to this public bot and get paid daily: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP Don't delegate so much that you have less than 50SP left on your account.
This post has received a 2.22% upvote from
thanks to: @watertoncafe.
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You got a 62.50% upvote from @steembidbot courtesy of @watertoncafe!
You got a 9.99% upvote from @upmewhale courtesy of @watertoncafe!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by watertoncafe from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.