You should have converted your STEEM to SBD due to its greater stability, then trade it for whatever you want or convert it to STEEM and trade the STEEM for whatever you want.
Otherwise it is like betting on a rise in the price of STEEM, which is wrong almost all of the time and in average.
STEEM's close price in dollar terms after each one of its first 4 trading days was higher than it is now.
In its 5th day, it closed lower than it is now, and in the 6th, higher again.
In its 7th day, it closed about as high as it is now.
I did not find an option in coinmarketcap to show its price chart in Bitcoin.
In coinpaprika.com, it seems to not have even dollar price records prior to 2017-11.
However, on coinmarketcap, Bitcoin's price can be found daily and so it is possible to find its Bitcoin price in its first days, but it will have to be calculated individually each time and is not possible to find in a chart, which is pity, since coinmarketcap has all the data required to display a BTC price chart of STEEM.
Now it might be a little too late to convert your STEEM to SBDs, since doing so is a bet on a further decline in STEEM price in the short term.
If you are interested in getting rid of your STEEM in the short term, I doubt that you should convert it to SBD now, but you should have done so in the past, and even more obviously, should not have bought into it in the past at a higher price than now.
STEEM is a use it or lose it asset, and at times a use it and lose it asset.
I bought a lot during the 2017 hype, thinking it was going to become the crypto-facebook.
I am not enough of a techie to understand steem/sbd either.
Steem/Steemit is too much "nerdiness" centered, while I thought it was "content" centered.
Most of the time I have no clue what the discussions on this platform are about.
But what I do see, is that accounts with lots of voting power flag and harass smaller accounts systematically or just based on some petty emotions, although the content of many of these posts is completely ok and has nothing to do with Steemit itself.
Now I'll just have to sit it out. Hope for "SMT" (whatever that may be) and the next altcoin hype to do damage control and save my ass from burning further.
I am not enough of a techie to understand steem/sbd either.
A SBD is supposed to be exchangeable for at least 1 dollar worth of Steem.
And so, it is supposed to be a dollar proxy on the STEEM blockchain, or as a means to internally short Steem, if you prefer it in these words.
It is supposedly an economic thing, not a techie thing, but once one delves into the details, it is a techie thing.
You should have converted your STEEM to SBD due to its greater stability, then trade it for whatever you want or convert it to STEEM and trade the STEEM for whatever you want.
Otherwise it is like betting on a rise in the price of STEEM, which is wrong almost all of the time and in average.
STEEM's close price in dollar terms after each one of its first 4 trading days was higher than it is now.
In its 5th day, it closed lower than it is now, and in the 6th, higher again.
In its 7th day, it closed about as high as it is now.
I did not find an option in coinmarketcap to show its price chart in Bitcoin.
In coinpaprika.com, it seems to not have even dollar price records prior to 2017-11.
However, on coinmarketcap, Bitcoin's price can be found daily and so it is possible to find its Bitcoin price in its first days, but it will have to be calculated individually each time and is not possible to find in a chart, which is pity, since coinmarketcap has all the data required to display a BTC price chart of STEEM.
Now it might be a little too late to convert your STEEM to SBDs, since doing so is a bet on a further decline in STEEM price in the short term.
If you are interested in getting rid of your STEEM in the short term, I doubt that you should convert it to SBD now, but you should have done so in the past, and even more obviously, should not have bought into it in the past at a higher price than now.
STEEM is a use it or lose it asset, and at times a use it and lose it asset.
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I bought a lot during the 2017 hype, thinking it was going to become the crypto-facebook.
I am not enough of a techie to understand steem/sbd either.
Steem/Steemit is too much "nerdiness" centered, while I thought it was "content" centered.
Most of the time I have no clue what the discussions on this platform are about.
But what I do see, is that accounts with lots of voting power flag and harass smaller accounts systematically or just based on some petty emotions, although the content of many of these posts is completely ok and has nothing to do with Steemit itself.
Now I'll just have to sit it out. Hope for "SMT" (whatever that may be) and the next altcoin hype to do damage control and save my ass from burning further.
A SBD is supposed to be exchangeable for at least 1 dollar worth of Steem.
And so, it is supposed to be a dollar proxy on the STEEM blockchain, or as a means to internally short Steem, if you prefer it in these words.
It is supposedly an economic thing, not a techie thing, but once one delves into the details, it is a techie thing.
flagged for bid bot abuse @steemflagrewards
Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @badcontent.
You bought votes to increase the rewards of your post above the value of its content.
This post was submitted via our Discord Community channel. Check us out on the following link!
SFR Discord
This comment has received a 52.38 % upvote from @steemdiffuser thanks to: @stimialiti.
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You got a 100.00% upvote from @sleeplesswhale courtesy of @stimialiti!
You got a 37.27% upvote from @whalecreator courtesy of @atempt! Delegate your Steem Power to earn 100% payouts.
Thank you so much for using our service! You were protected from massive loss up to 20%
You just received 27.99% upvote from @onlyprofitbot courtesy of @stimialiti!
More portion of profit will be given to delegators, as the SP pool grows!
Comment below or any post with "@opb !delegate [DelegationAmount]" to find out about current APR, estimated daily earnings in SBD/STEEM
You can now also make bids by commenting "@opb !vote post [BidAmount] [SBD|STEEM]" on any post without the hassle of pasting url to memo!
* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM pricesThis comment has received a 71.43 % upvote from @steemdiffuser thanks to: @atempt.
Bids above 0.05 SBD may get additional upvotes from our trail members.
Get Upvotes, Join Our Trail, or Delegate Some SP
You got a 100.00% upvote from @sleeplesswhale courtesy of @stimialiti!
Thank you so much for using our service! You were protected from massive loss up to 20%
You just received 50.00% upvote from @onlyprofitbot courtesy of @stimialiti!
More portion of profit will be given to delegators, as the SP pool grows!
Comment below or any post with "@opb !delegate [DelegationAmount]" to find out about current APR, estimated daily earnings in SBD/STEEM
You can now also make bids by commenting "@opb !vote post [BidAmount] [SBD|STEEM]" on any post without the hassle of pasting url to memo!
* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM pricesYou got a 37.50% upvote from @whalecreator courtesy of @atempt! Delegate your Steem Power to earn 100% payouts.
Congratulations on your achievement, I don’t have one like that yet! Thank you @pagandance
Indeed millions already dead fish,
still it is worth to keep goin!
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