No that is correct. That is why when using the conversion feature, I had to pay ~2 SBD for one steem. If it were at market value, It would have been 1.2 or so. Luckily I didn't convert very much, and when you do this, it just gives Steemit back a little bit of currency anyhow. Ultimately I just want to help spread the information so people can make good decisions. :) Thanks for the q~