Steem Dollar

in #steem6 years ago

I try to check out new tools when I hear about them. One of them that I recently heard about about Steem Dollar. It's at www.steemdollar.com.

You can plug in the values for SBD, Steem, USD, or BTC and see what the other values are. For instance, I put in 1 SBD and it shows that currently the value is 1.1597 Steem. That's worth around $0.95 or 0.0001BTC.

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If you haven't checked it out, it's a cool calculator.



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@themanwithnoname

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Thanks for the heads up. Will check this tool out.

I'm finding it useful for quick conversions. It's nice to have something that keeps up with the latest prices, so you don't have to check the prices yourself. Glad to see you hanging around Steemit still. :D

Lately I found the Steem/Dogecoin ratio went crazy, there's got to be an explanation why Doge has steadily risen while most everything else is in the red. Block traded some Doge piles for Steem and powered up 100%.

Sounds like you found a loophole and were able to score some cheap Steem. Good for you! That's how it's done. :)

The heart of the matter is that a Doge/Ethereum bridge is under construction making Doge tokens available on the Ethereum block chain thus driving up the value of this Meme coin, who knew it would go this far? As if this comment, Doge has been the only coin in the green of all the top twenty crypto currencies. May exchange another 5k of Doge for Steem tommorow.

See, you figured it out! Being that Doge is just a meme, if it's worth something now, might as well get some Steem for it. I think Steem has better chances of being worth something in the long-run. That's not investment advice though. Just my opinion.

Whatever you do, good for you for being an early adopter, and for figuring out a trick that others haven't yet.

😩.... sbd and steem...

Yeah, they've both taken a beating over the last 8 months, just like most of the crypto world. However, the underlying value is still there and the prices should come back. Also, while the prices are lower, it's easier to get more rewards even though the votes are worth less than they were before. You just have to keep working and then you'll be in a better position when the tide rises again. (Not investment advice)

Yes thank you. I know it

Interesting. Thanks. Bookmarked it.

I'm glad it's useful! Enjoy

howdy sir Blondie! so you use this to get depressed in case you're having too much fun stacking coins?

Why would it depress me?

Hi there @thamanwithnoname this can be very useful given the simple structure it has. Thank you sir

Sometimes simple is useful, sometimes complex is more useful. It all depends on what you're trying to accomplish.

That's true, every little thing has something in it for us to learn or avail

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