Steem Profit
I found a quick way to profit with Steem when trading the market. Here's the math and the process.
Trading Steem and SBD For Profit
1) Buy 1 Steem From Poloniex For 65515 Satoshis
2) Withdraw The Steem To Your Steemit Account
3) After the withdraw fees, you will have 0.99 Steem in your steemit account.
4) Take this steem and convert it to SBD using the internal Market at 1.33SBD/Steem
5) Now you have 1.31 SBD
6) Transfer the 1.31 SBD to Polo
7) Sell the 1.31 SBD on Polo at 61000 sats for 80520 Sats
8) Buy Back The Steem Using the 80520 Satoshis at 65515 Satoshis Per Steem
9) Now you have 1.22 Steem
As soon as Steem is reenabled on Poloniex do this for quick and easy profit. Feel free to show me some love on this post and resteem this to make sure everyone can make a quick profit too.
Is not changing the value amount at ploniex?
At these current prices on polo this works
.... wait.... does this actually work? Haha
It will once Poloniex deposits and withdraw are back online
Haha that's awesome.