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RE: Steemit 1 year + 1 month + 4 days

in #steemit7 years ago

"...my first SBD->USD conversion which was as foreign to me as navigating pluto..." it is complicated. I mean SBD should be pegged to USD, which would mean that SBD/USD would be flat.

But it isn't flat, it looks much more like the Rocky Mountains.

No, problem bc SBD has also its internal exchange rate with steem (the other tokens) which is also not that flat.

But as long as you power up your steem all is fine......

And now we start to analyse potential arbitrage potentials between SBD/Steem/BTC/ETH/EUR and USD.... :-)

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:-), ah yes....
I often power up but then cash is good too. Thanks for the comment @asknbid

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