I think you are confused 1 Steem always = 1 Steem Power. as of this moment on Bittrex (the biggest external exchange that has functioning Steem wallets, Poloniex is failing Steem) is $1.83 SBD is $1.42 this is pretty normal difference and is actually maby little closer making it a better conversion, Steem was at $2.55 and SBD was at $1.90 at its recent peak I believe, anyway this is the conversion rate you want watch.
RE: Is this proper power up strategy?
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Is this proper power up strategy?
This is very helpful. Thank you.
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I'm talking about Steem and Steem dollars, not steem power.
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Well Your typos are confusing,as you wrote sbc? I think you meant sbd, and i would like know where you got the $2.46 stat if you did mean sbd so o can figure out whats goin on
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Oops sorry I corrected it. $2.46 = SBD price at the time multiplied by 1.308 SBD. That is how much it cost to buy 1 steem on the internal market at the time of the post.
At the time you could buy 1 steem for 1.308 Steem dollars. That is 1 Steem for $2.46 USD.
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Your doing the math wrong. Lets do this backwards Internal market is about 1.3 Sbd per Steem. If you multiply the market price of sbd ($1.4) by the conversion rate (1.3) it = 1.82 whichThis is the current price of Steem.
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That makes sense, but I see the market price of sbd at about $1.8. The problem must be that we are finding our market prices from different sources.
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Like i asked you two posts ago where did you find sbd at 2.46
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Also if you found sbd at 2.46 as the lowest ask on the selling order that would have been a bad trade and something wierd was going on with the real market of sbd is always lower that Steem
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