<center> </center> Five days ago I wrote an article titled [βTime to buy SBDβ]( https://steemit.com/steem/@chitty/time-to-buy-steem-dollars) where I suggested to buy Steem Dollars at $0.80 and wait for the price to stabilize to convert and make at least 20% profit. Well steemians the time has come, the price of the 7 day average of steem is $2.06, while the price of steem at exchanges is $2.11, so unless there is a big crash in the market in the following 4 days you are pretty safe converting now. Note that the price of steem at the internal market is of $2.45 so if you want to increase your SBD holdings you could also convert and sell on the internal market as @bacchist did and explained on this [post]( https://steemit.com/steem/@bacchist/my-week-1-sbd-conversion-results-18-615-sbd-or-7-446-roi). Good Luck! #trading #steemdollars
author | chitty |
---|---|
permlink | time-to-convert-your-sbd |
category | steem |
json_metadata | {"tags":["steem","trading","steemdollars"],"users":["bacchist"],"image":["https://s9.postimg.org/ydnrc95u7/100686484_excited_young_stock_trader_gettyp_1910.jpg"],"links":["https://steemit.com/steem/@chitty/time-to-buy-steem-dollars"]} |
created | 2016-08-08 12:57:45 |
last_update | 2016-08-08 12:57:45 |
depth | 0 |
children | 8 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 8.009 HBD |
curator_payout_value | 0.998 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 938 |
author_reputation | 86,901,300,608,582 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 681,778 |
net_rshares | 6,870,852,235,941 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
highasfuck | 0 | 73,494,202,852 | 100% | ||
fury | 0 | 17,221,984,291 | 100% | ||
wang | 0 | 3,071,012,587,301 | 100% | ||
perky | 0 | 11,404,025,836 | 100% | ||
boombastic | 0 | 863,227,525,833 | 100% | ||
proctologic | 0 | 24,888,096,904 | 100% | ||
hcf27 | 0 | 21,916,982,768 | 100% | ||
chitty | 0 | 268,359,067,283 | 100% | ||
linouxis9 | 0 | 100,108,528,643 | 100% | ||
fkn | 0 | 11,574,653,501 | 50% | ||
cryptogee | 0 | 765,513,825,288 | 100% | ||
elishagh1 | 0 | 14,542,235,028 | 50% | ||
nanzo-scoop | 0 | 666,860,944,974 | 100% | ||
mummyimperfect | 0 | 232,042,602,479 | 100% | ||
akaninyene-etuk | 0 | 91,619,194 | 100% | ||
altoz | 0 | 37,526,136,335 | 100% | ||
chris-bell | 0 | 18,337,909,275 | 100% | ||
kimziv | 0 | 266,098,297,895 | 100% | ||
primus | 0 | 7,211,335,276 | 100% | ||
dennygalindo | 0 | 4,431,389,518 | 100% | ||
aeico | 0 | 8,538,476,909 | 100% | ||
romel | 0 | 262,012,028 | 100% | ||
furion | 0 | 13,546,023,362 | 50% | ||
cdubendo | 0 | 98,037,836,098 | 100% | ||
barbara2 | 0 | 229,214,781 | 50% | ||
ch0c0latechip | 0 | 256,096,674 | 50% | ||
doge4lyf | 0 | 234,877,349 | 50% | ||
ardina | 0 | 125,779,816 | 100% | ||
marcgodard | 0 | 840,867,666 | 100% | ||
gikitiki | 0 | 4,168,718,944 | 100% | ||
agente | 0 | 329,604,429 | 100% | ||
karen13 | 0 | 3,914,879,275 | 100% | ||
andrewsanderson | 0 | 6,561,199,762 | 100% | ||
ts888 | 0 | 173,469,542 | 100% | ||
juliap4 | 0 | 210,801,557 | 100% | ||
davidr | 0 | 3,272,974,857 | 100% | ||
royaltiffany | 0 | 23,488,279,750 | 100% | ||
jacksongarcia | 0 | 138,999,462 | 100% | ||
tarindel | 0 | 2,480,223,052 | 100% | ||
azurejasper | 0 | 2,771,276,404 | 100% | ||
alexander9 | 0 | 81,440,209 | 100% | ||
neroru | 0 | 5,262,390,622 | 100% | ||
jl777 | 0 | 148,148,030,112 | 100% | ||
positive | 0 | 7,314,297,101 | 50% | ||
yarly | 0 | 921,960,642 | 100% | ||
fishborne | 0 | 626,803,275 | 100% | ||
atx | 0 | 292,718,898 | 100% | ||
jennamarbles | 0 | 13,385,936,570 | 100% | ||
proto | 0 | 17,821,090,169 | 100% | ||
yarly13 | 0 | 36,161,373 | 100% | ||
fnait | 0 | 237,171,470 | 50% | ||
keepcalmand | 0 | 236,991,659 | 50% | ||
tjpezlo | 0 | 223,228,536 | 100% | ||
elliottgodard | 0 | 52,302,640 | 100% | ||
taz | 0 | 119,962,241 | 100% | ||
andreynoch | 0 | 1,869,177,125 | 100% | ||
mahekg | 0 | 4,654,923,332 | 100% | ||
karenb54 | 0 | 550,225,834 | 100% | ||
taker | 0 | 8,645,816,826 | 100% | ||
johnblow | 0 | 30,904,950 | 100% | ||
gmurph | 0 | 3,871,336,556 | 100% | ||
viktor.phuket | 0 | 3,964,232,371 | 100% | ||
dolov | 0 | 746,541,361 | 100% | ||
jonasontheroof | 0 | 84,496,213 | 100% | ||
evgenyche | 0 | 51,954,484 | 100% | ||
cryptomancer | 0 | 5,340,937,634 | 100% | ||
thebigweb | 0 | 779,759,441 | 100% | ||
eslopez92 | 0 | 55,882,106 | 100% |
Aren't you comparing Steem to Steem Dollars which are not the same thing?
author | chris-bell |
---|---|
permlink | re-chitty-time-to-convert-your-sbd-20160808t133852288z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-08 13:38:51 |
last_update | 2016-08-08 13:38:51 |
depth | 1 |
children | 1 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 74 |
author_reputation | 3,198,287,803,831 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 682,308 |
net_rshares | 18,337,909,275 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
chris-bell | 0 | 18,337,909,275 | 100% |
When you convert you convert from SBD to Steem according to the 7 day average price of Steem, so the price that really matters when converting Steem Dollars is the price of steem. You can read my previous post which outlines how the process works and how you can take advantage of it: https://steemit.com/steem/@chitty/time-to-buy-steem-dollars
author | chitty |
---|---|
permlink | re-chris-bell-re-chitty-time-to-convert-your-sbd-20160808t134627770z |
category | steem |
json_metadata | {"tags":["steem"],"links":["https://steemit.com/steem/@chitty/time-to-buy-steem-dollars"]} |
created | 2016-08-08 13:46:30 |
last_update | 2016-08-08 13:46:30 |
depth | 2 |
children | 0 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 344 |
author_reputation | 86,901,300,608,582 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 682,438 |
net_rshares | 28,854,090,643 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
fury | 0 | 17,221,984,291 | 100% | ||
perky | 0 | 11,632,106,352 | 100% |
>Note that the price of steem at the internal market is of $2.45 so if you want to increase your SBD holdings you could also convert and sell on the internal market It takes a week for the SBD to be converted, in which time the price will have adjusted. If it has adjusted up; great. If it goes down, then you will lose any advantage you may have had. I believe this is why they did it like this in the first place, so you couldn't gain unfair advantages over internal/external markets. *Cg*
author | cryptogee |
---|---|
permlink | re-chitty-time-to-convert-your-sbd-20160809t053321725z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-09 05:33:24 |
last_update | 2016-08-09 05:33:24 |
depth | 1 |
children | 0 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 495 |
author_reputation | 419,387,439,147,428 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 697,925 |
net_rshares | 0 |
I actually had this same thought myself but hesitated, wanting to learn more about the underlying mechanics of SBD before jumping in. Well played to anyone who took advantage! Will be watching the price for future such opportunities.
author | cryptomancer |
---|---|
permlink | re-chitty-time-to-convert-your-sbd-20160808t132255649z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-08 13:22:51 |
last_update | 2016-08-08 13:22:51 |
depth | 1 |
children | 0 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 235 |
author_reputation | 27,995,620,368,012 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 682,110 |
net_rshares | 0 |
Well done to anyone who followed your advice.
author | karenb54 |
---|---|
permlink | re-chitty-time-to-convert-your-sbd-20160808t130149104z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-08 13:01:51 |
last_update | 2016-08-08 13:01:51 |
depth | 1 |
children | 0 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 45 |
author_reputation | 711,717,006,747,504 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 681,832 |
net_rshares | 561,230,351 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
karenb54 | 0 | 561,230,351 | 100% |
Thank you for the advice. Any predictions on what the value will be in a few months? I know it's difficult to predict but you seem to know it quite well.
author | thebigweb |
---|---|
permlink | re-chitty-time-to-convert-your-sbd-20160808t125952767z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-08 12:59:54 |
last_update | 2016-08-08 12:59:54 |
depth | 1 |
children | 1 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 153 |
author_reputation | 550,863,684,215 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 681,803 |
net_rshares | 763,514,452 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
thebigweb | 0 | 763,514,452 | 100% |
Its hard to predict crypto far in the future, Steem has high inflation so I guess it will depend on the platform growing faster than the inflation.
author | chitty |
---|---|
permlink | re-thebigweb-re-chitty-time-to-convert-your-sbd-20160808t131135341z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-08 13:11:39 |
last_update | 2016-08-08 13:11:39 |
depth | 2 |
children | 0 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 147 |
author_reputation | 86,901,300,608,582 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 681,946 |
net_rshares | 28,854,090,643 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
fury | 0 | 17,221,984,291 | 100% | ||
perky | 0 | 11,632,106,352 | 100% |
great info.thanks
author | tjpezlo |
---|---|
permlink | re-chitty-time-to-convert-your-sbd-20160808t130757658z |
category | steem |
json_metadata | {"tags":["steem"]} |
created | 2016-08-08 13:07:54 |
last_update | 2016-08-08 13:07:54 |
depth | 1 |
children | 0 |
last_payout | 2016-09-08 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 17 |
author_reputation | 11,144,454,418,634 |
root_title | "Time to convert your SBD!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 681,901 |
net_rshares | 0 |