Thanks for this excellent post @paulag! This breakdown of numbers really puts a face on what’s going on with the rise in the SBD value.
SBD rise to $14.04
Geezz…missed a buy on this one…
For all of you powering up – congratulations, especially if you have used profits made from SBD. Seeing such volumes of power ups is awesome. It really shows a level of confidence in Steemit.
I’m glad you’re putting a positive spin on the power up. Some are saying best to leave the SBD alone, as is, for easy conversion.
Others are doing the 50% power up.
Either way, good news is good news.
There’s a huge downside that you might have some background info on:
Any idea on how soon non-owners of the big 3, be able to sell sbd for direct purchase of new-on-the-market alt coins.
Right now, powering up is the only way to build value; but, it’s a little disconcerting to know that the sbd can’t be used to buy anything else without the having an account with the Big 3.
Thanks again for this great post!
Peace.
A mixed SBD strategy sounds like a plan to me.
Who are the big three you speak of? Thanks.
Apologies for the delay @abh12345...
So, I take you're of the 50/50 group. It certainly is the safest way to not be left holding air should this be a bubble and it bursts.
BTC, LTC, ETH
Thanks for chiming in.
Peace.
Thanks :)
Just making sure.
I'm of the 25/25/25/25 group - Save, Sell, Power-up, bid-bots :)
Great strategy...I will be glad when an exchange which accepts the direct sell of Steem for other alt coins will become available.
Thanks for chiming in!
Peace.