RE: SAY A PRAYER FOR SBD!!! - A WAKE UP CALL FOR MEMBERS OF THE NEWBIE RESTEEM INITIATIVE

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SAY A PRAYER FOR SBD!!! - A WAKE UP CALL FOR MEMBERS OF THE NEWBIE RESTEEM INITIATIVE

davemccoy (63) in newbieresteemday • 7 years ago (edited)

$4.21 price of STEEM = 0.089 SP

1.00 x .75 = 0.75 /2 = 0.375 SBD
1.00 x .75 = 0.75/2 = 0.375/4.21 (current price of steem) = 0.089 SP

$0.50 price of STEEM = 0.75 SP

1.00 x .75 = 0.75 /2 = 0.375 SBD
1.00 x .75 = 0.75/2 = 0.375/0.50 (0.50 price of steem) = 0.75 SP

Yes you are exactly right.

Now would you like the price to go higher or lower?

newbieresteemday

7 years ago by davemccoy (63)

$0.16

2 votes

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ossyjay (46) · 7 years ago

Aww yes!.....definitely lower haha!

$0.00

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davemccoy (63) · 7 years ago

so when you are worth millions of dollars of steem then maybe you will want it to go up. but until then, you will want to get as much as possible so you always get more if it is lower.

did I help you understand that?

$0.13

2 votes

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ossyjay (46) · 7 years ago

yes you did @davemccoy thanks!

$0.00