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RE: SBD trading at a premium? Let's print some SBD!

in #sbd7 years ago

I read all the comments and am still confused.
I usually send my sbd to @blocktrades for steem power directly. Can I make out buying steem from them and then powering it up internally?
Thanks so much!

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Ah! I think I got it right! I just paid a bit over 12 sbd for 17 steem which I then powered up!

Trading SBD for STEEM in internal market (Market button) is cheaper. Since blocktrades may take some fee. However, you can check conversation rate for both source.

pocketsend:501@riseofth, pocket all around!

Successful Send of 501
Sending Account: biophil
Receiving Account: riseofth
New sending account balance: 907898
New receiving account balance: 999299
Fee: 1
Steem trxid: e4cb2c902ffba12d3d93c55049f679d1f264f433
Thanks for using POCKET! I am a confirmer bot for fun, view my source confirmer code here. Don't know what a POCKET Token is? Here is a link to the official announcement post.

Blocktrades for that kind of transaction acts as the "exchange" so you did it right. You basically sold Blocktrades your SBD and bought STEEM, considering STEEM is currently cheaper than SBD you probably did okay. STEEM should be the token that eventually jumps in price and you will have earned a lot more for holding STEEM than by holding SBD.

Well done!

pocketsend:501@mikepm74, pocket all around!

Successful Send of 501
Sending Account: biophil
Receiving Account: mikepm74
New sending account balance: 908399
New receiving account balance: 480500
Fee: 1
Steem trxid: 641bcb7c36d5a58c3ab9ed8727cdefc6782d0b03
Thanks for using POCKET! I am running this confirmer code.

Yep, that's perfect. The two most important things from my article:

  1. Don't push the "convert" button,
  2. Get your author rewards 50/50, not 100% power-up.

Everything else is "do whatever you want." Cheers!

pocketsend:501@hashclouds, pocket all around!

Successful Send of 501
Sending Account: biophil
Receiving Account: hashclouds
New sending account balance: 908900
New receiving account balance: 963680
Fee: 1
Steem trxid: 579a121f8286301b195f4786a8df151ab1248dc5
Thanks for using POCKET! I am running this confirmer code.

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