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RE: Step-by-Step: How to Cash Out Your Steemit Earnings to USD

in #steemit • 8 years ago

Did you think it was weird that people were paying between $1.25 - $1.35 for Steem Dollars when it is supposed to be pegged to $1? Do you think people are confused between Steem and Steem Dollars? Here is a post I just made about this and my experience. Thanks https://steemit.com/steem/@brianphobos/dafuq-why-are-people-paying-usd1-25-to-usd1-35-on-poloniex-for-steem-dollars

8 years ago in #steemit by
$0.16
  • Past Payouts $0.16, 0.00 TRX
  • - Author $0.12, 0.00 TRX
  • - Curators $0.04, 0.00 TRX
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     6 years ago 
    $0.04
    • Past Payouts $0.04, 0.00 TRX
    • - Author $0.04, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    3 votes
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     8 years ago (edited)

    I noticed that, and I'm not complaining. It ate up the fees for me and gave some quick profits on top. In a way though, they're STEEM futures, but STEEM itself is supposed to be diluted over time and isn't supposed to be a long-term store of value (from what I understand form the whitepaper). So I'm not sure what anyone is thinking.

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