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They get $1 value of steem when convert 1 SBD. Its not a loss, rather selling just earns more than promised. But if feed premium is 50% they will get only $0.67 value of steem. I am asking this and please answer.

It's definitely a good idea to disable conversions in the gui in that situation, or at least have a prominent warning.

After all, conversions aren't desirable with a high SBD price, anyway.

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