RE: That moment when you are trying to convert Steem Dollars into Steem in order to PowerUP and you accept a 7 day wait... but really you could have done it instantly with the markets. Fuck me!

[bayareacoins]

If you convert that way it takes 7 days... compared to the internal markets that are near instant. Why would that 7 day thing even be an option?

Comments

[alexgr]

It wants to calculate the 7-day price first, so as to iron out any spikes and anomalies. The full answer is here: https://steemit.com/money/@theoretical/why-would-anyone-use-the-conversion-function-when-they-can-trade-their-steem-dollars-on-the-market