
If you didn't know, the Steem Backed Dollar which is only paid out to content creating authors was selling for over $1 for the past couple months. That meant that if you did 100% Power Up posts or were converting your SBD to STEEM using the internal conversion feature you were leaving money on the table.
Many people figured out that it made more sense to send SBD to an exchange and sell it for upwards of $2 you could then buy more STEEM on that exchange and bring it back or just keep the BTC value.
Last week Poloniex finally gave users their STEEM and SBD which had been frozen while Poloniex was experiencing technical issues. This created a sudden surge in SBD selling as tens of thousands of SBD were suddenly dumped on to the market. The result was that SBD is now more appropriately priced around $1.
It now makes sense for authors to once again use the internal features to do 100% Power Up posts and to use the internal conversion feature.
So go ahead an try it out on your next post. Use the Power Up 100% feature and KEEP ON STEEMING ON!

Follow @contentjunkie to stay up to date on more great posts like this one.
I was aware of this thankfully but thanks for the PSA!
This is VERY useful as it could mean lots of $ difference. It kinda sucks though too because 6 days ago I was still doing some 50/50 but now that I am getting paid out the value is way down from when it was 6 days ago and I loose out anyways.
Im not complain gin though. I love Steemit and am grateful for the steem I do have!
SteemON!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well you can do a conversion now to SP but I like the 100% Power Up feature because it gives your post a little added exposure with that Steem logo appended to the title.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly ;-)>
Fine tuned perception u have~*~
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good idea but it might better to HODL and wait til it goes back up... maybe 😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe it will never go back up. Would you pay someone $20 for a $10 bill?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'll certainly buy all 19th century $10 gold coins for $20 a pop.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well, theoretically it's tough for it to get much below $1 for any extended period of time, correct?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If it goes too far below then witnesses will probably put the APR interest rate back up as an incentive to buy and people will start converting it to steem and sell that. So yeah it shouldn't go too far below for an extended amount of time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the info!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the heads up.....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I suggest powering up to steem power!
Steemit Is The Way To Go!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the advice. I am doing it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am so sad steem dollar value is decreased. :-(
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why? It should be valued at $1
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How are they making sure it's around $1?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why is it bad news? It is a dollar peg.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
90 votes for 3.25$ Times changed man !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Indeed!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
YOU know you have a great head line when the number of votes exceed the number of views.
Good job
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fine
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How about that an adaptable system to account for change in market price!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This may be a good idead which is worth a try... I will try 100 on my next post and see...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ah, good to know! I might just have to start powering up all my posts now, I'm in it for the long run.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wouldn't I get more Steem if I convert SBD to Steem while SBD is e.g 1.5$ worth? I don't understand why you should now convert SBD to Steem xD
What am I missing?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NO NO NO! When you convert you only get $1 worth of Steem and if that SBD is selling for you $1.5 you just gave away $0.5. It's better to sell it and then buy STEEM on the open market.
When SBD is over $1 don't do 100% Power Up posts and don't use the internal conversion feature. Unless you just want burn cash.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So right now is actually a good time because SBD is currently 0.95$ worth and I would get 1$ worth of Steem?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good lookin'! Thanks for the heads up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it's a good time to invest in Steem right now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @contentjunkie! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been ranked within the top 50 most undervalued posts in the second half of Jul 09. We estimate that this post is undervalued by $30.98 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 09 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit