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RE: DON'T 100% POWER-UP - I THINK YOU CAN MAKE MORE STEEM POWER BY NOT POWERING UP 100%

in #steem-power7 years ago (edited)

I really want to understand this, and I hope I can get some help even though this post is about a month old.

Would using the internal market be just as good as using an external market?

I checked the internal market. Should I leave the default price that comes up as is, or adjust it?

Currently I have $2.597 SBD, and Coin Market Cap is showing prices right now of $1.26 for SBD, and $1.86 for Steem.

If I plug 2.597 into the Total field in the internal market's Buy Steem section, it shows that I should get 1.708 Steem at a price of 1.520811.

Is this the way to do it? Can somebody help me understand how all this works, and why the numbers are what they are?

Also, 1 Steem is worth 1 SP, correct?

Thanks!