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RE: Overinflated SBD Prices Are Not Good - Here’s Why

in #steem7 years ago

Tether is meant to do the same thing (to my higher-than-Everest level appreciation of the topic). How does that manage to keep to $1?

I find the two currencies baffling if I’m being honest. I just end up moving everything to Steem to power up and now I am just going 100%. Not sure of the best route.

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Well there's some sketchy stuff going on with Tether. I actually just wrote about them for Bitcoin Canada.

Long story short, there was a $30 million dollar hack and now there's been some suspicious activity on the blockchain... I'm hearing a lot of weird FUD-y rumors around twitter about it too. All that I know for sure is they got hacked and it has peoples' confidence in the project somewhat shaky

Cheers for the linkage. I’ll go get schooled.

100% power up is the worst route now...do 50/50% and instantly sell your SBD for steem...you will have more Steem for every post like that

Wherk. Ok I’ll swap tactics!

Just to double check - what's the best way of moving the SBD to Steem? I've been pressing the convert button, but should I do the Buy/Sell thing via Blocktrades?

Internal market. No blocktrades, no convert:)

Just seen it, thanks!