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RE: Why I Have Decided To Stop Powering Down My Steem Power For The Long Term

in #steemit8 years ago (edited)

great article, and is that a picture of YOU ? If so, you're a doll, truly adorable.
being super nitpicky here, insanely so perhaps, but I don't think you've been "powering down".
You simply been withdrawing SBD, not SP.
I think "powering down" refers to your account called SteemPower.
Your SteemBackedDollars are immediately useful to you. You decide if you want to add them (deposit) to your Power. Or transfer them to SteemDollars, or to an account on an external exchange (or Dan's own exchange called OpenLedger).
Transfering your SBD off to someplace else - pretty sure about this - doesn't affect the effect of your voting power. I think the voting influence is strictly from the Steem Power you have... which, can't be withdrawn immediately.
Please somebody correct me if I'm off.... otherwise than the usual 'being off'
HA ! {8^P

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No that is not me haha, im a guy, but I have been powering down , I just stopped today. I was doing both sbd and steem withdrawals and putting the money towards college loans, but I decided to hold onto my steem power for the future. SBD does not affect voting power, only vests do, which the amount of steem power you need for a vest varies from day to day.

good to know I can stop drooling...
or can I?