Hello there!
We all woke up today and quickly looked at our ewallet and YES! there it is. We have our SMD (Steem Dollars).
Now there is a lot of people becoming crazy about this and it´s normal! we never had something like this in our digital history. But there is something VERY IMPORTANT in life: "patience".
You may already know about the guy who sold 10.000 Bitcoins for a Pizza! : http://www.coindesk.com/bitcoin-pizza-day-celebrating-pizza-bought-10000-btc/
I´ve read the @steemitblog post talking already about this: SteemitPostHere
Getting most From your Steem Dollar
Over the next week various markets / exchanges will be opening that will allow you to trade Steem Dollars for BTC, Tether, and other cryptos. It will likely be far more efficient for you to sell your Steem Dollars on these markets than to buy STEEM on the internal market and sell STEEM on Bitrex. Don’t forget your Steem Dollars are earning you interest while you hold them. There is no need to rush to claim your funds. Wait a few days for the markets to open up and liquidity to improve and you will get much more for your Steem Dollar.
Source: @steemitblog
There is no need to rush, our SMD´s are working for us. Why should we go and sell our SMD in the internal market and then exchange it for BTC when we can wait a bit of time and sell SMD to BTC directlly a few days? There are fees involved and is much more efficent to wait.
And you? what do you think? :) share your point of view !
If everyone waits, then we won't know how the system will operate and no market participant data can be gleaned!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i totally agree with you @complexring ! ;) but i think we can have all that data with the markets allowing to exchange smd to btc directlly.
So tell me, are you thinking about selling SMD to Steem?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think waiting is the best option. If you're planning to use Steem Dollars to power up then it does not make sense to buy here when demand is high due to the wallet being down for maintenance on Bittrex and the internal market trading at a high premium.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am new to Steem what is the difference between Steem power and Steem Credits and Steem Dollars?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Here you have a quick guide :)
https://steemit.com/steemit/@nolimit/steemit-infographic-concept-rewards-and-main-concepts-part-1
https://steemit.com/steem/@nolimit/how-to-start-in-steemit-a-quick-infographic-guide-part-2
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit