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RE: "Powering down"...The Mystery Continues
Powering down turns steem power into steem over the course of 2 years with one payout per week.
Absolutely you are able to continue using the platform after powering down.
I believe #2 you are able to stop or start but I will let someone else answer to confirm.
Oh okay great. Thank you!
what does "power up" do?
Takes steem and turns it into steem power. It is an instant transaction, but changing steem power back to steem is what takes two years of 104 payments.
104 payments of what? BTC to STEEM? I am confused :)
Thanks for any help!
104 payments of steem power to steem which can then be transferred to or Poloniex and turned into Bitcoin and then fiat