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RE: Steemit's Blocktrades Extremely Expensive!

in #withdrawal7 years ago (edited)

1 STEEM -> 0.0125 LTC
10 STEEM -> 0.1458 LTC
100 STEEM -> 1.5266 LTC
1000 STEEM-> 14.8587 LTC
10000STEEM->145.1068 LTC

It seems like a negative parabola! Maybe because they want to discourage moving small insignificant sums and at the same time they want to retain large sums so STEEM will keep it's value.