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!

[bendjmiller222]

https://steemd.com/@bayareacoins check that out on the right and scroll down til you see the request for changing steem dollars to steem. Idk why it doesn't show in the wallet log

Comments

[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?

[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