Earn STEEM By Burning SBD!

in #vlog8 years ago


3.4 days more to wait! :D Lets HOPE that prices will go even lower so I can reach 10k SP as fast as possible! That would be a perfect Christmas gift for me :)


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Oh, I have done this a little bit since I don't have so many sbd, I am not sure I want to go to the next level because when I want to buy back sbd with the steem that I have got from converting sbd, I get less sbd. For example, I converted 1 sbd I got 2 steem, but when I want to buy sbd with this 2 steem I would get 0.8 sbd.

By the way, thanks to @runicar for introducing this to me, but your video making it easier to do via steemworld.

@enjoyinglife, Good luck and hope that soon you will going to reach 10000 Steem Power and in my opinion you are putting your efforts and strategy to reach their. Keep up. 👍

Wishing you an great day and stay blessed. 🙂

Hey thanks @enjoying life, I am going to give this a try myself...

Funny, I was looking at a very high powered account thinking 'why are they buying SBDs now'.... now it makes sense!

Cheers.

word.... thank you for teh knowledge!!

Dammit why is my $78 SBD sitting in savings doing nothing?! I should be doing as what you said 😄

Damnit, you made the video I was going to make today. I suppose I'll make mine in a couple weeks. I love @partiko and use it daily. Well done on the walk through! I love the notifications on this app(dApp?). When chat happens, partiko will truly be a game changer.

Posted using Partiko Android

Oh, also, a good way to build more partiko points is to comment and upvote on your app while watching on your computer. It is also just a great way to comment.

Posted using Partiko Android

I have been listening about it and tried a small part from my end.
Well all the best for you buddy ;)

Exelent! :-) I convert my 12 sbd :-) :-)

Posted using Partiko Android

Wow, this is just great. I will check this out

Using my last bit of RC to comment and warn people:

You Probably Shouldn't Do This Right Now!

Apparently, when the SBD debt gets to 10% and above, Steem stops valuing it at $1. Meaning this method no longer produces favorable results.

You can read up more about this "haircut rule" in @themarkymak's post here.

Also, on SteemWorld, if you click on Steem Info, it will show you the current SBD debt ratio which will help you in timing out your conversions better.

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