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RE: SBD Overvalued - Facts and Advices for Changing Crisis to Opportunity
Using the internal market for SBD to steem exchanges is another option correct?
Using the internal market for SBD to steem exchanges is another option correct?
Yes, to reduce confusion I suggest avoiding using the word 'convert' for that. You can 'trade' or 'exchange' your SBD for STEEM using the internal market. This is better than using the 'convert' function, which will generally give you less STEEM (or SP if you then power up).
Haha ok, noted. Let me make some edits above. :)
I think so. There are bots connecting STEEM-BTC-SBD market (external exchanges) and STEEM-SBD market (internal exchange). If you sell SBD for STEEM in the internal market, bots will buy SBD from you, sell SBD in the external markets for BTC, and buy STEEM.
Do we know the identities of anyone running these bots? I would love to connect with them, as this is an important function of the Steem ecosystem.
smooth, for one.
enki
Glad I figured this out 1.5 weeks ago