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RE: What the Dollar Value Next to Steemit Posts Mean

in #steemit8 years ago

so how long do i have to keep steem power, it says something bout 2 years or 104 confirmation can someone explain what that means??

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You can turn steem power into steem but it pays out in 104 payments over two years. This is to prevent people from simply signing up and cashing out or attempting to day trade with steem power. Steem dollars can be turned into steem whenever you want. Right now the feature is disabled until the block chain hard forks.