You are viewing a single comment's thread from:

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!

in #steemit • 9 years ago

This is the blockchain protocol enforced conversion, serving as the last defense line to maintain SBD to USD peg. In case there's a black swan event or major dump on the market and no one is willing to buy SBD, you can always use this to sell your SBD to steem of the same USD dollar value.

But I agree with you, in UI, this should not be emphasized like this, instead should direct user to use internal market as default measure.

9 years ago in #steemit by
$2.97
  • Past Payouts $2.97
  • - Author $2.97
  • - Curators $0.00
4 votes
Reply 3
Sort:  
  • Trending
    • [-]
     9 years ago (edited) 

    That makes perfect sense. Thanks for your response and I agree with you on the UI thing.

    I think at the very least it should show in the wallet history when you do it that way... the fact it goes blank and disappears from your wallet is a little sketchy :P.

    There is also a spoof to allow 6 tags per article rather than the default 5... https://steemit.com/steemit/@bayareacoins/so-you-think-you-are-limited-to-5-tags-for-your-post-now-wrong-click-here-to-learn-how-to-get-your-article-listed-with-6-tags