EDIT : In this video I am actually WRONG about the price paid for steem being lower then the external market, it's NOT, but it is still better to power up and use the power on steemit rather than sell SBD externally
YVhXDJ = 3% discount @ genesis-mining.com
In life, there's an equal ratio of evil to good, else neither of them can exist, so choose a side, if you choose to give your attention to evil, then evil is who you are.
MAGIC = light + simple + self confidence.
Satisfied = I have no hopes or dreams as everything is perfect the way it is now... Craig :)... read more
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Steem Power explained in detail
Steem stats @ https://steemdb.com/@craig-grant
Wish I could make the default 100% sometimes I forget to change it!
Actually when you change it once, the setting will persist for the next blogs you post, unless you change it again.
Thank you for explaining on the voting and steem power! Keep up the great work and you will surely reach 200.000 sp😁 Full steem ahead!
Best regards,
André
After yo're guidance i'm changing from 50/50 to 100% Steem Power.
Ya im going to stick with the power up method, seems like less hassle and plus I don't need to wait 3.5 days for dollars to convert to STEEM.
now I am confused. I read a lot of posts arguing that it makes more sense to get 50% in SBD and convert it on the market due to the overvaluation of SBD on the external markets?!?
that leads you to sell externally, it's better to power up and use the power to your benefit on steemit
here's a link to an article advocating for the opposite: https://steemit.com/steemit/@penguinpablo/did-you-know-the-real-rewards-on-steemit-are-even-higher-than-indicated
yes, the opposite would yield the same result, in this video I am actaully WRONG about the price paid for steem being lower then the external market, it's NOT, but it is still better to power up and use the power on steemit rather than sell SBD externally
Word! more power = more rewards! And according to @penguinpablo i'll net more power with the 50/50 option...
thanks for clarifying!
Always power up!
Great suggestion, Thanks for the info and the post.
Thanks for this useful tip.
However if the market is down, i.e. the price of stem is going down, It is better to keep the payments in SBD. However it is not the current situation.
When you are new at steemit, you have 1 Steem Power but a larger amount in brackets, also in Power. What does it mean?
Great advice! Thanks for all your videos.
i new in steemit and i like all subject and i will done all
Need to change it from 50/50 to 100 percent! Need more content thanks
Interesting point of view, I will follow your advice.
@craig-grant You are a little wrong here. In the internal market the price is low because 1SBD is taken to be 1$ . The calculations on the website are all done in SBD. But as SBD is already trading at around 2$ you get the same amount by selling in both markets.
For example, let 1STEEM=1$ and 1SBD=2$.
Your post makes 100$. If you choose 50/50 you'll get 50 STEEM POWER and 25 SBD.
If you do 100% you get 100 SP. Let's say you powered down and got 50 steem and for simplicity, the prices are still the same. If you sell those at the internal market, you'll receive 25 SBD whose value is 50$ and if you exchange it for btc you get 50$ worth of btc. Which is same in both the cases.
yes
Great!
Learned it from another video you posted but didn't really understand why.
Thanks 👍
Do I loose every time I up vote someone's post..?
Awesome! I'll keep it in mind the next time I post. I followed you :)
Yup, you make sense. I ll go for 100% from my next post onwards. Thank you!
Thank you for this!