You are viewing a single comment's thread from:

RE: You Would Be Insane Not To Power Up Right Now + HF19 Mindset Shift

in #hf198 years ago

Hm well it's now a lot more reasonable a rate in the internal market, the differential was much larger at the beginning when SBD went moon-like... I'm still sticking to 100% power up posting anyway. It's enough for me.

Sort:  

you mean that you are okay having less than what you could if you did 50/50 and then bough the different because of the overvalued SBD?

No, I have done the math and I don't think the internal market will give you any more by this. Mainly because of people like you, who are pushing that margin. The Steem internal market is more influenced by internal steem business, and if there was profit in it, it's already probably been taken. At first when this was going on, the differential was huge. You would for sure lose money selling steem for SBD on the internal market. Now, maybe you lose 10%, but it's still not profitable. You should double check your sums.