create account

STEEM & SBD & SP explained by hatemmkh

View this thread on: hive.blogpeakd.comecency.com
· @hatemmkh ·
$0.08
STEEM & SBD & SP explained
As a user of steemit , you have a confusion between STEEM POWER and STEEM dollar.
So, in this article, I'm going to explain the differences between them briefly to give you better understanding.
LET'S START
Firstly, let me tell you how the earnings come from.
1- you post an article.
2- we vote up.
3- you get rewarded for our votes.
that's simply how it works. and later I'm going to teach you how the profits are calculated.

when you get rewarded for a post, your earnings are divided between STEEM POWER and STEEM DOLLARS 50% - 50%

So now what is the difference between both of them

**STEEM POWER: increases your share as a shareholder of steemit. It also gives you more voting influence. and and also gives you a virtual stake in the future growth of steemit and the steem economy.

*STEEM DOLLARS: are the currency of steemit which equals, 1 steem dollar = $1 value.

what can you do with steem dollars??
In fact, you have different options to do with steem dollars and they are as follow:

1- you can hold them as an investment and get 10% as return.
2- you can sell them.
3- you can transfer them into steem, Bitcoin or any other currency and cash it out.

If the article was helpful to you, please don't hesitate to vote it up.
If you want more information, just tell me in the comments.
In another article i will explain more things about steemit so don't forget to follow me.

Thank you for reading.
Vote, Comment, Follow, Repost.

https://steemitimages.com/0x0/https://steemitimages.com/DQmQNkJTEtAmbi4q9kZq1YsZpcQacuLDX5Lcz5okYrPxzPm/screenshot-www.google.com.eg%202017-06-16%2004-33-32.png
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
properties (23)
authorhatemmkh
permlinksteem-and-sbd-and-sp-explained
categorysteemit
json_metadata{"tags":["steemit","steem","life","story","news"],"image":["https://steemitimages.com/0x0/https://steemitimages.com/DQmQNkJTEtAmbi4q9kZq1YsZpcQacuLDX5Lcz5okYrPxzPm/screenshot-www.google.com.eg%202017-06-16%2004-33-32.png"],"app":"steemit/0.1","format":"markdown"}
created2017-06-16 09:02:39
last_update2017-06-16 09:02:39
depth0
children7
last_payout2017-06-23 09:02:39
cashout_time1969-12-31 23:59:59
total_payout_value0.083 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,605
author_reputation2,271,435,165,267
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,993,157
net_rshares3,833,673,625
author_curate_reward""
vote details (45)
@cheetah ·
Hi! I am a robot. I just upvoted you! Readers might be interested in similar content by the same author:
https://steemit.com/steemit/@hatemmkh/2i5zqj-the-difference-between-steem-power-and-steem-dollars
properties (22)
authorcheetah
permlinkcheetah-re-hatemmkhsteem-and-sbd-and-sp-explained
categorysteemit
json_metadata""
created2017-06-16 09:05:42
last_update2017-06-16 09:05:42
depth1
children0
last_payout2017-06-23 09:05:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length202
author_reputation942,693,160,055,713
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,993,330
net_rshares0
@earthbound ·
Please update the text of the article to clarify: does SP stand for Steem Power, and does SPD stand for Steem Dollars?

Also, is Steem which can be obtained with Steem Dollars--is Steem its own cryptocurrency similar to Bitcoin? Bitcoin has its own trade symbol or abbreviation, BTC. If Steem is its own cryptocurrency, what is the symbol for Steem?
👍  , ,
properties (23)
authorearthbound
permlinkre-hatemmkh-steem-and-sbd-and-sp-explained-20170803t184233463z
categorysteemit
json_metadata{"tags":["steemit"],"app":"steemit/0.1"}
created2017-08-03 18:42:33
last_update2017-08-03 18:42:33
depth1
children2
last_payout2017-08-10 18:42:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length349
author_reputation19,864,080,315
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id10,672,911
net_rshares0
author_curate_reward""
vote details (3)
@bitstudio · (edited)
I came here to find out how the difference between SBD and the other two. Still confused.
properties (22)
authorbitstudio
permlinkre-earthbound-re-hatemmkh-steem-and-sbd-and-sp-explained-20171115t201824749z
categorysteemit
json_metadata{"tags":["steemit"],"app":"steemit/0.1"}
created2017-11-15 20:18:21
last_update2017-11-15 20:18:48
depth2
children0
last_payout2017-11-22 20:18:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length89
author_reputation251,946,106,284
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id20,503,069
net_rshares0
@jbgarrison72 ·
I was similarly confused... I can only assume SBD is the Steem Dollar?
properties (22)
authorjbgarrison72
permlinkre-earthbound-re-hatemmkh-steem-and-sbd-and-sp-explained-20170927t185643175z
categorysteemit
json_metadata{"tags":["steemit"],"app":"steemit/0.1"}
created2017-09-27 18:56:39
last_update2017-09-27 18:56:39
depth2
children0
last_payout2017-10-04 18:56:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length70
author_reputation566,070,104,139
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id16,110,882
net_rshares0
@melvinhistory ·
tnx for the info.....
👍  
properties (23)
authormelvinhistory
permlinkre-hatemmkh-steem-and-sbd-and-sp-explained-20180114t232228355z
categorysteemit
json_metadata{"tags":["steemit"],"app":"steemit/0.1"}
created2018-01-14 23:22:30
last_update2018-01-14 23:22:30
depth1
children0
last_payout2018-01-21 23:22:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length21
author_reputation477,743,806,632
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,569,547
net_rshares0
author_curate_reward""
vote details (1)
@myrealestatedojo ·
THANKS FOR THE INFO!
👍  
properties (23)
authormyrealestatedojo
permlinkre-hatemmkh-steem-and-sbd-and-sp-explained-20180523t024845145z
categorysteemit
json_metadata{"tags":["steemit"],"app":"steemit/0.1"}
created2018-05-23 02:48:45
last_update2018-05-23 02:48:45
depth1
children0
last_payout2018-05-30 02:48:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length20
author_reputation1,788,489,490,152
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id57,186,405
net_rshares0
author_curate_reward""
vote details (1)
@siamalmahmud ·
this is very informative for me. now i understand what is sp and what is steem dollar. but what is sbd ??
👍  
properties (23)
authorsiamalmahmud
permlinkre-hatemmkh-steem-and-sbd-and-sp-explained-20171227t124355597z
categorysteemit
json_metadata{"tags":["steemit"],"app":"steemit/0.1"}
created2017-12-27 12:44:06
last_update2017-12-27 12:44:06
depth1
children0
last_payout2018-01-03 12:44:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length105
author_reputation11,050,406,394
root_title"STEEM & SBD & SP explained"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id25,506,443
net_rshares0
author_curate_reward""
vote details (1)