One of the best times to get involved in Steemit is now!
Whether you have been super serious, just started or still do not have an account, no more than ever Steemit is gaining huge traction. With the huge amount of publicity in Bitcoin and Cryptocurrencies the past month, we are seeing more and more members joining Steemit than ever before! This is also what is driving the price of Steem Dollars up over $10 USD as of writing this!
My advice is to use this opportunity to start powering up as much as possible. If you have been holding on to any Steem Dollars it might be a good time to purchase some Steem and Power Up! You can do this all from your wallet page OR using the internal market here with no fees: https://steemit.com/market
Currently you can get over 5 Steem (Power) for every Steem Dollar you have! Just a few weeks ago they were trading about 1 to 1! All those Steem Dollars can now power up your account 5x as much right now as they would have been able to even a few weeks ago!
Remember when you have more Steem Power your votes matter more! As more users begin to join Steemit, having more Steem Power will be one of the greatest advantages you can get!
changelly has the highest exchange rate on the SBD. atleast it has been for the last week. I was getting 8-10usd per sbd.
The highest price I have seen on CoinMarketCap has been about $6.05. I like that site, but prices tend to be way off. I used the internal market and got about $7.40 on the exchange and powered up!
Yeah @jonbit was showing me at over $18 at one point it was crazy! Still holding a nice $10~ price USD! can't complain!
well the reason the price went up is because steem and the sbd are now tradeable directly as a pair with the korean won on a korean exchange now. that exchange uses bittex api. so if you go to coinmarketcap and look at sbd markets, bittrex is substantially higher. theyve actually excluded it from the average.
i believe changelly is working off bittrex prices so they have the best exchange rate amongst the instant exchanges. far higher than blocktrades. get more bang for you steem buck man!
Great advice. well explained. The price of SBD was suddenly increased but now Its price is 5.27 USD on coinmarketcap.
But price of Steem increases. Now price of steem is 1.80 USD on coinmarketcap. I suggest you to buy steem power or steem.
