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RE: The REAL story behind the Fluctuating Steemit Payouts Explained

in #steemit7 years ago

Thank you for the explaination, it solves many of my queries because whenever i exchanged my steem dollar to steem power i will see an up in my account value because internally it assumes sbd as 1 but when you exchange that in market, the true value will unlock.

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You're most welcome! Glad it helped. And, yeah I screwed up initially when I converted about 15 SBD to STEEM using the internal system of conversion using a peg of $1 USD. And that is when SBD was valued at over $2 USD. Learned a lesson there.

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