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RE: Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).

in #steemit • 7 years ago

NEVER take the 100% power-up option as long as SBD is above 1$!! You will lose money.

SBD is hard-coded to 1 USD, which means you will get SBD regardless of its USD price. Steempower however will be calculated based on the USD price.

If you'd get 4$ as Steempower and Steem is worth 8 USD - then you'll get 0.5 Steempower as in comparison you'd get 4 Steempower if Steem were worth 2 USD.

7 years ago in #steemit by
$1.68
  • Past Payouts $1.68
  • - Author $1.68
  • - Curators $0.00
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     7 years ago (edited) 

    I see what you mean @therealwolf

    I have found some information on this. My suggestion to take 100% option for a post is not correct but one should not be sitting with SBDs and convert to Steem as soon as possible.

    https://steemit.com/steemit/@bitgeek/50-50-is-a-better-payout-option-right-now

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     7 years ago  

    Even taking into consideration the high inflation rate on SBD you still make more opting for the 50/50 option.

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