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RE: Steem, Steem Power and Dollars - A Metaphor
Great post and lots of help.
One question: If a Steem Dollar is fluxuating between 1.50-2.00 what happens when you convert from Steem Dollars first and then convert it into Steem Power? Do you get the current rate in Steem Power from Steem Dollars since they are more valuable?
Domi
Yea, if SBD are worth more than $1 on the markets, you are likely better off taking a 50/50 payout and then using the Internal Market (NOT the conversion) to buy Steem and then SP.
@papa-pepper had a decent breakdown here a few weeks ago: https://steemit.com/steem-power/@papa-pepper/don-t-100-power-up-i-think-you-can-make-more-steem-power-by-not-powering-up-100
Hey, that was fast.
Thank you very much.
Im glad you understood the question.
Great advise. Im changing now....
Domi