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RE: Justification for 104 week Power Down

in #steem8 years ago

I have heard people complain about this but it has never taken me a week to convert my SBD to Steem. I click on my SBD, go to 'Buy or Sell', sell my SBD for Steem, which usually occurs in less than an hour, then I convert to Steem Power. I've never taken my Steem out to an exchange. Does it take a week to get Steem to an exchange?

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I speak about the Convert to Steem button.
This button then should disappear.

Buy/Sell is the way to go.

If you use the transfer option you get 1usd worth of steem based on the median price of the last 7 days. If you were to go to market now you'd get around 0.78.

The discount of the SD to an actual dollar is a leading indicator (in my eyes) of what will happen to the price of steem.

So it's all a bit more complicated than just buy/sell.