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RE: "important" READ THIS POST ,SHARE, "DONT convert to steam""DONT Fill convert request" A LITLE MISTAKE That Will COST YOU A Lot Of Money ON STEEMIT

in #life7 years ago

I if I look on coinmarketcap I see that the price for Steem = 1.8 USD. For Steem Dollar = 5.4 USD. Big difference, but not the 1/5 ratio you mention?

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check on bittrex is 12$

OK, no this is pretty confusing. On Bittrex if you look at the prices of Steem and Steem Dollars, the price of Steem is similar, however Steem Dollar is indeed way high!!! How is this possible? Is this always like that? Or just now that the prices have moved? I guess for me it's not THAT big of a difference since I get amounts less than 1 Steem dollar, and I keep adding the value to my Steem Power.