Er, Where's my Steem gone?! Help appreciated!!
Conversion of Steem Dollars to Steem...
Yesterday I was very pleased with myself! After several weeks of entering 'ARTChallenge' competitions, I finally won! YAY!! (Thanks again @aksinya and @throughwindows!)
I received 10.00 SBD which, I may add is the most I've ever received from a blog/competition entry ($0.01 - $0.08 is my normal earnings).
So I decided to convert my winnings from Steem Dollars to Steem. I clicked on the relevent drop down item and got the following message:
Convert to Steem
This action will take place 3.5 days from now and can not be canceled. These STEEM DOLLAR will immediately become unavailable. The 3.5 day delay is necessary to prevent abuse from gaming the price feed average.
STEEM DOLLAR conversions have risk. There is no guarantee on the amount of STEEM that will result from the conversion. The conversion amount depends on many factors including fluctuating market prices, witness price feeds, and witness price feed biases.
Your existing STEEM DOLLAR are liquid and transferable. Instead of converting, you may wish to trade STEEM DOLLAR for STEEM directly in this site under Internal Market. There is less risk, and you do not need to wait 3.5 days.
I've done this loads of times and normally on completing the required entries, the Steem Dollar account value moves to zero but underneath will state $X steem dollars in conversion.
Unfortunately, on this ocassion it did not display this. It's like it's completely disappeared! So can anyone advise me as to whether SBD can be lost on conversion? Is there a way to get it back? Can I contact Steemit in the hope that it can be retrieved?
Your comments will be greataly appreciated!!!!
I'll play the violin until I know either way...
First, you're losing money doing it this way. When you want STEEM for SBD it is better to buy it in the market than convert it. In the market it's close to instantaneous when you choose a "fair" price from the list.
Second. If it doesn't post to your account after the 4th day, you may wish to ask in steemit.chat #help
Great! Thanks for the advice! (I didn't know about the market option)
@dasczecher
Great writeup!
Keep sharing great content.
THanks!!
I hope you find your lost Steem good bud!
Thanks!
Given how little I make from a typical blog, I was super excited to have won 10 SBD. I guess I need to give the system the benefit of the doubt and wait until the fourth day just incase it's a glitch!
Fingers crossed bud! Yes 10SBD would be nice to have right now that's forsure. I have never moved anything inside my Steem account and I truely have no idea how to! Lol
LOL! Well don't follow my advice, that's all I'll say on the matter!!!
Lol ok. I am sure your advice is better than mine my friend.
Hope you get it back.
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