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Warning! Do NOT use Convert to Steem option for your SBD's! by minnowsupport

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sbd · @minnowsupport ·
$96.02
Warning! Do NOT use Convert to Steem option for your SBD's!
With the current spike in SBD (currently at around 10USD for 1SBD on bittrex) we have seen a rise in complaints on our server from people using the CONVERT TO STEEM option in the wallet and getting a terrible return. We want our minnows to be well informed and make good decisions, and profit off this spike as much as possible so here are some tips!

## DO NOT USE CONVERT TO STEEM, instead use the internal market and you will get a much better return so you can power up effectively. 
The convert option will exchange at approximately 1:1 or even less and there is no easy way to calculate what you will get. On the internal market you can be certain of the amount of STEEM you will buy before accepting. Any time SBD is over 1$ you should sell on the internal.  Any time it is under 1USD you should use convert.


![](https://i.imgur.com/L96v3Cp.jpg)

## Steps to exchange SBD to Steem

* While prices are this high the best thing to do is click the menu under your steem dollar balance and choose market.

* On the BUY STEEM side fill in your total amount of SBD you want to spend and it will autofill the amount of Steem you can buy.

* The STEEM price is autofilled but if the market is moving fast you may need to adjust this price to be a little higher than the lowest sell price (illustrated by the red box).

* Click buy steem and enter your private active key.

* Check your wallet to see that the transaction has gone through, sometimes this may take a moment.


![](https://i.imgur.com/AAgSati.jpg)
<br>
### Also when SBD is high make sure you are setting your post payouts to 50/50 before submitting them so you can earn some of that sweet SBD.
<br>
Now that you have those STEEM you can choose to hold or power up! We recommend powering up!

If you have any other questions or this tutorial is unclear to you we are always willing to answer questions on the PAL discord: https://discord.gg/gP8m4RZ
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 650 others
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vote details (714)
@american-pie · 
Thanks For share this information 
![DonCurro_Frühstück3.jpg](https://steemitimages.com/DQmX6rsw3GVPR8Yxs6q4ziVd7tKDu6yQMY5SS2f6AggxKo7/DonCurro_Fr%C3%BChst%C3%BCck3.jpg)
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@annieben · 
Thank you so much for this information. Someone I know actually changed to 100% and complained after payout
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@arcange · 
Congratulations @minnowsupport!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20171210) in the following category:

* Upvotes - Ranked 8 with 676 upvotes
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@aristokratos · 
Thank you, this information is helpful
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@basqui · 
I just got back to steeming, is this new to the site?
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@bitfiend · (edited)
As a new steemian I was testing all the features that the system has to offer.  Literally 1 day before the spike, being 6 days old or so to the platform, I used the convert to steem option.  I knew this was a bad idea from the get go, but I wanted to try all the features.  Figured why not.  Then the next day price sky rockets.  I wrote about it [here](https://steemit.com/steem/@bitfiend/converting-sbd-vs-trading-on-internal-market-learn-from-my-mistakes) last night.  It shows the difference in returns and boy is it a difference.  While I had already read not to do this, I wanted to utilize the feature to understand from experience.

It also leads me to one question:  When is/will the convert to steem option EVER be a good/smart idea?  That is one question I can't seem to find and answer to.

In any scenario/situation that I try to think about, in every case, waiting the 3.5 days is never desirable unless there was no sell orders in the internal market and you are desperate in-which case you still have to wait 3 days.
👍  
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vote details (1)
@juliakponsford · 
"Any time SBD is over 1$ you should sell on the internal. Any time it is under 1USD you should use convert".

So if sbd is under 1$ it is fine to use convert, but as you say the orice could jump during conversion. I guess it's just a button for lazy people or those who don't want to learn how to use the market!
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@sevlom777 · 
The 3day wait time locks up the price and the SBD, so not a good idea to use it at all.  The market can move during 3.5day period and that isn't fun with larger amounts.
👍  
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vote details (1)
@sevlom777 · (edited)
Yeah, no one want's to lock up their funds 3 days on steemit with the market available to trade instantly, so that Convert to Steem option is useless.  This isn't the bank where we're all in a financial straight-jacket getting interrogated and waiting for them to let us, MAYBE, do what we want with our money. 

Most likely it's there for legacy reasons from the beginning of the platform.  Just like the auto-upvote yourself check box is outdated but still there.  [the "I love me" checkbox!]
👍  
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vote details (1)
@bitfiend · (edited)
I actually thought to myself that the convert to steem option might be a legacy option.  It makes sense
👍  ,
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vote details (2)
@bthomas3664 ·
$0.03
Thanks for this information.
👍  
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vote details (1)
@cmoljoe ·
$0.40
Steemit should delete 'Convert' option. There is no need for it if market exist. In this way they are only confusing people!
👍  , , ,
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vote details (4)
@cobmaximus · 
lol yeah I was doing that before, but after it hit 0.5 SBD/STEEM i understood how the system works
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@cristinamuah · 
Exactly what I was wondering! Thanks for the tip :)
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@dswigle · 
Thank you! The learning curve on how to do things can be steep at times, so the information and help put out is much appreciated!

tip!
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@ebin · 
That was some amazing insight @minnowsupport
Keep up the good work! ReSteeming now!!
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@epicdominic · (edited)
This is truly helpful! As a newbie, the first thing I’ll do is to choose the easiest option and that is to click the Convert to Steem option. I did not know that there is an internal market which is more efficient, so I really appreaciate that I was not “scammed”. lol

I will be getting my first SBD soon so your post was eye-opening indeed. Lastly, I think of powering up after converting to Steem as what you recommended. Thank you so much!
👍  
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vote details (1)
@fighterone · 
Funny that you mention this because I just converted 1.67 SBD into roughly 10 Steem and powered up!👌
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@hms818 ·
$0.08
Thanks for sharing this important information.
👍  
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post_id23,026,348
net_rshares18,515,219,912
author_curate_reward""
vote details (1)
@hollacute · 
thanks for the acknowledgement, i will keep to that now that am informed.
👍  
properties (23)
authorhollacute
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t031700767z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:17:15
last_update2017-12-10 18:17:15
depth1
children0
last_payout2017-12-17 18:17:15
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_length73
author_reputation313,183,263,871
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,023,738
net_rshares327,963,336
author_curate_reward""
vote details (1)
@idandy · 
Thanks!!!! i need this info<3
properties (22)
authoridandy
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t202419585z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 20:23:54
last_update2017-12-10 20:23:54
depth1
children0
last_payout2017-12-17 20:23:54
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_length29
author_reputation5,304,654,670,967
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,035,048
net_rshares0
@ilovedietcoke · 
To market, to market to buy some steem.  Home again, home again bloggity blog.
properties (22)
authorilovedietcoke
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171214t091754402z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-14 09:17:54
last_update2017-12-14 09:17:54
depth1
children0
last_payout2017-12-21 09:17:54
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_length78
author_reputation1,432,581,431,873
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,472,325
net_rshares0
@irfanullah · 
bundle of thanks for such a handy tips. no doubt about internal markets are very useful. my experience with Bittrex is not good. thanks @minnowsupport you are helping minnows. Hats off for @minnowsupport!
properties (22)
authorirfanullah
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t181836725z
categorysbd
json_metadata{"tags":["sbd"],"users":["minnowsupport"],"app":"steemit/0.1"}
created2017-12-10 18:18:39
last_update2017-12-10 18:18:39
depth1
children0
last_payout2017-12-17 18:18:39
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_length204
author_reputation8,923,971,358,917
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,023,868
net_rshares0
@jerryboy4luv · 
Please what is the advantage of powering up now? Will you get more Steem or just steempower power for powering up? Thanks @minnowsupport for sharing this.
properties (22)
authorjerryboy4luv
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t144716256z
categorysbd
json_metadata{"tags":["sbd"],"users":["minnowsupport"],"app":"steemit/0.1"}
created2017-12-11 14:47:27
last_update2017-12-11 14:47:27
depth1
children0
last_payout2017-12-18 14:47:27
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_length154
author_reputation2,184,224,289,970
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,121,505
net_rshares0
@jesse2you · (edited)
$0.05
Could of used this info 3 days ago!!!!
lol  Thank you!
listen up people don't let ignorance cost you!!! I just traded 15 sbd for 8.741 steem!!!
Namaste!
👍  
properties (23)
authorjesse2you
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t181818332z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:18:18
last_update2017-12-10 18:19:21
depth1
children1
last_payout2017-12-17 18:18:18
cashout_time1969-12-31 23:59:59
total_payout_value0.044 HBD
curator_payout_value0.002 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length152
author_reputation2,060,285,142,662
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,023,838
net_rshares11,154,942,778
author_curate_reward""
vote details (1)
@juliakponsford ·
$0.03
Sorry to hear about this Jesse, I wrote this on Aggroeds request because another user contacted me about it as well, it's really not an obvious thing. At least now you know!
👍  
properties (23)
authorjuliakponsford
permlinkre-jesse2you-re-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t224206458z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 22:42:06
last_update2017-12-10 22:42:06
depth2
children0
last_payout2017-12-17 22:42:06
cashout_time1969-12-31 23:59:59
total_payout_value0.026 HBD
curator_payout_value0.008 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length173
author_reputation821,633,017,490,421
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,045,814
net_rshares8,489,831,995
author_curate_reward""
vote details (1)
@joeshaver · 
This would be useful information if I had any SBD to convert. I'm a new user and it looks like I was just a bit late to benefit from the price increase. What WOULD be helpful are some posts with pointers on how to be a more productive member of Steemit.
👍  
properties (23)
authorjoeshaver
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171212t190422135z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-12 19:04:24
last_update2017-12-12 19:04:24
depth1
children0
last_payout2017-12-19 19:04:24
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_length253
author_reputation13,089,389,379
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,275,658
net_rshares823,967,560
author_curate_reward""
vote details (1)
@jorlauski · 
thanks for the info - little by little this stuff is starting to make more and more sense.
properties (22)
authorjorlauski
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171217t061124435z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-17 06:11:21
last_update2017-12-17 06:11:21
depth1
children0
last_payout2017-12-24 06:11:21
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_length90
author_reputation5,148,851,596,910
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,840,334
net_rshares0
@justcolorit · 
@khaled-dz read this man !
properties (22)
authorjustcolorit
permlinkre-minnowsupport-20171210t19841593z
categorysbd
json_metadata{"tags":["sbd","convert","steem","cryptocurrency","crypto"],"app":"esteem/1.5.0","format":"markdown+html","community":"esteem"}
created2017-12-10 18:08:42
last_update2017-12-10 18:08:42
depth1
children0
last_payout2017-12-17 18:08:42
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_length26
author_reputation857,987,992,536
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries
0.
accountesteemapp
weight500
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,022,956
net_rshares0
@karinxxl · 
Yeah I wish I saw this a week earlier. Was also screwed over in exactly the same way and made a blog about it.

Would have made an extra 100 bucks if i would have known. 2x 3 SBD and once 20 SBD  :(((
properties (22)
authorkarinxxl
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t165148283z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-11 16:51:51
last_update2017-12-11 16:51:51
depth1
children0
last_payout2017-12-18 16:51:51
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_length200
author_reputation455,604,722,591,906
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,135,497
net_rshares0
@kartiksingh · 
it should be write there in a column in wallet ...because everyone is not going to read this blog...lots of steem will go in waste...
properties (22)
authorkartiksingh
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t180811526z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:08:15
last_update2017-12-10 18:08:15
depth1
children0
last_payout2017-12-17 18:08:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
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promoted0.000 HBD
body_length133
author_reputation30,641,753,110,789
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,022,905
net_rshares0
@kennyskeelzz · 
Great work
Some people don't notice and they fall victim
properties (22)
authorkennyskeelzz
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171216t125932479z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-16 12:59:39
last_update2017-12-16 12:59:39
depth1
children0
last_payout2017-12-23 12:59:39
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_length56
author_reputation6,979,185,224
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,747,544
net_rshares0
@kerlund74 · 
I did not know this, thanks very much for this information!
properties (22)
authorkerlund74
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t185656919z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:57:33
last_update2017-12-10 18:57:33
depth1
children0
last_payout2017-12-17 18:57:33
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_length59
author_reputation1,801,083,516,525
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,027,694
net_rshares0
@kp138 ·
$0.03
Thank you for this clear info! Unfortunately, I was using the convert to steem option. I will use this method going forward.
👍  
properties (23)
authorkp138
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t194056966z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 19:40:57
last_update2017-12-10 19:40:57
depth1
children0
last_payout2017-12-17 19:40:57
cashout_time1969-12-31 23:59:59
total_payout_value0.020 HBD
curator_payout_value0.006 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length124
author_reputation61,838,033,977,616
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,031,410
net_rshares6,743,855,662
author_curate_reward""
vote details (1)
@kwonjs77 · 
very useful information; thnx~; full voted
properties (22)
authorkwonjs77
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t220500121z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 22:05:03
last_update2017-12-10 22:05:03
depth1
children0
last_payout2017-12-17 22:05:03
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_length42
author_reputation1,139,112,169,460
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,042,962
net_rshares0
@leahlei · 
Thank you for letting us know @minnowsupport ! This is very informative especially for a newbie like me.  Resteemed !
properties (22)
authorleahlei
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t011004535z
categorysbd
json_metadata{"tags":["sbd"],"users":["minnowsupport"],"app":"steemit/0.1"}
created2017-12-11 01:10:06
last_update2017-12-11 01:10:06
depth1
children0
last_payout2017-12-18 01:10:06
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_length117
author_reputation4,066,869,041,018
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,055,713
net_rshares0
@lewisjfclarke · 
Yeah, found out the hard way...

Take my advice, if you are unsure, just leave it and let it build. Essentially it is just figures on the computer until you know how to physically get it out. The last thing you want is to tentatively give something a try and find out you pressed the wrong button/option and because of that you have potentially lost hundreds of dollars, maybe more...
properties (22)
authorlewisjfclarke
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t184055803z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:40:57
last_update2017-12-10 18:40:57
depth1
children0
last_payout2017-12-17 18:40:57
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_length384
author_reputation3,001,924,532,281
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,026,085
net_rshares0
@messinaldo · 
Thanks for this great information..
👍  
properties (23)
authormessinaldo
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t180828521z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:08:39
last_update2017-12-10 18:08:39
depth1
children0
last_payout2017-12-17 18:08:39
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_length35
author_reputation532,908,831,825
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,022,951
net_rshares254,350,524
author_curate_reward""
vote details (1)
@mibreit-photo · 
Thanks for the education! I haven't looked into this system so closely yet, but this is a very good introduction. Who knows, maybe somebody likes my articles and I even have something to convert in a few months :-)
properties (22)
authormibreit-photo
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171216t135444463z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-16 13:54:45
last_update2017-12-16 13:54:45
depth1
children0
last_payout2017-12-23 13:54:45
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_length214
author_reputation93,018,301,244,092
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,753,266
net_rshares0
@mineopoly · 
Thank you. This is really important to remember. You guys are the best.
properties (22)
authormineopoly
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171219t045638409z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-19 04:56:39
last_update2017-12-19 04:56:39
depth1
children0
last_payout2017-12-26 04:56:39
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_length71
author_reputation142,371,048,628,093
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id24,129,076
net_rshares0
@mnmleger · 
still trying to wrap my mind around all this! Your info helps out a lot! Thank you
👍  ,
properties (23)
authormnmleger
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t011108533z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-11 01:11:09
last_update2017-12-11 01:11:09
depth1
children0
last_payout2017-12-18 01:11:09
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_length82
author_reputation308,633,568,469
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,055,777
net_rshares970,770,745
author_curate_reward""
vote details (2)
@nirgf · 
@minnowsupport Thanks for sharing this important information.
And thanks for your help and support in this community
properties (22)
authornirgf
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t181251016z
categorysbd
json_metadata{"tags":["sbd"],"users":["minnowsupport"],"app":"steemit/0.1"}
created2017-12-11 18:12:45
last_update2017-12-11 18:12:45
depth1
children0
last_payout2017-12-18 18:12:45
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_length116
author_reputation3,658,575,899,162
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,144,406
net_rshares0
@pariza · 
@minnowsupport thanks for great information sharing,sbd is up to going
great analysis of crypto currency
👍  
properties (23)
authorpariza
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t180341306z
categorysbd
json_metadata{"tags":["sbd"],"users":["minnowsupport"],"app":"steemit/0.1"}
created2017-12-10 18:03:45
last_update2017-12-10 18:03:45
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children0
last_payout2017-12-17 18:03:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
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body_length104
author_reputation752,649,016,231
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,022,503
net_rshares250,226,292
author_curate_reward""
vote details (1)
@ratticus · 
Thanks for this. I was going to write a post about my experience, and still might, but will be linking to this one.

I'd previously just done 'convert to steem', and with the price points previously it had always been about what I'd expected. So when SBD picked up a little I did a larger block. BIG mistake. If I'd known about the market and that it was the way to go, I'd have come out with about 200 more Steem than I got. Live and learn though, and I've managed to convert quite a lot of SBD into Steem in the last few days through the market, thanks to @ryivhnn for the instruction on finding it
properties (22)
authorratticus
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t001710269z
categorysbd
json_metadata{"tags":["sbd"],"users":["ryivhnn"],"app":"steemit/0.1"}
created2017-12-11 00:17:09
last_update2017-12-11 00:17:09
depth1
children0
last_payout2017-12-18 00:17:09
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_length600
author_reputation5,793,669,654,286
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,052,049
net_rshares0
@ratticus · 
Thanks for this. I was going to write a post about my experience, and still might, but will be linking to this one.

I'd previously just done 'convert to steem', and with the price points previously it had always been about what I'd expected. So when SBD picked up a little I did a larger block. BIG mistake. If I'd known about the market and that it was the way to go, I'd have come out with about 200 more Steem than I got. Live and learn though, and I've managed to convert quite a lot of SBD into Steem in the last few days through the market, thanks to @ryivhnn for the instruction on finding it
properties (22)
authorratticus
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t001731600z
categorysbd
json_metadata{"tags":["sbd"],"users":["ryivhnn"],"app":"steemit/0.1"}
created2017-12-11 00:17:33
last_update2017-12-11 00:17:33
depth1
children0
last_payout2017-12-18 00:17:33
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_length600
author_reputation5,793,669,654,286
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,052,069
net_rshares0
@saint5 · 
very good post..
properties (22)
authorsaint5
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171217t151440578z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-17 15:14:45
last_update2017-12-17 15:14:45
depth1
children0
last_payout2017-12-24 15:14:45
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_length16
author_reputation425,300,603,568
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,891,370
net_rshares0
@sameer62 ·
$0.46
thanks for information it is helpful because lot of new user doing this .
👍  
properties (23)
authorsameer62
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t182605373z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:26:09
last_update2017-12-10 18:26:09
depth1
children1
last_payout2017-12-17 18:26:09
cashout_time1969-12-31 23:59:59
total_payout_value0.452 HBD
curator_payout_value0.008 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length73
author_reputation4,364,170,869,874
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,024,586
net_rshares109,272,717,885
author_curate_reward""
vote details (1)
@rabeel · 
You rock sir for refreshing and very much guided us in running circumstance. these are the technical points generally steemians specialy newbies doesnt know. so due to your this post we learnt much. amazing endeavors you have for the promotion and development of this plateform, I realy appreciate your work. indeed much obliged.
properties (22)
authorrabeel
permlinkre-sameer62-re-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t185638208z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:56:45
last_update2017-12-10 18:56:45
depth2
children0
last_payout2017-12-17 18:56:45
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_length329
author_reputation136,994,730,017,550
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,027,616
net_rshares0
@samic · 
his happened to me. As soon as I heard that the SBD went up, I converted all my accumulated SBD for the option to convert Steem. I lost even!
properties (22)
authorsamic
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171212t021211879z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-12 02:12:45
last_update2017-12-12 02:12:45
depth1
children0
last_payout2017-12-19 02:12:45
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_length141
author_reputation23,868,388,255,438
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,182,744
net_rshares0
@samstickkz · 
Thanks for this simple tutorial, I can bet many don't know about the 1:1 SBD to STEEM conversion. That's like a trap.


Meanwhile this is the best time to buy more steem, because by the time SMART MEDIA TOKEN is ready, STEEM will FLY
properties (22)
authorsamstickkz
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t180641521z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:06:48
last_update2017-12-10 18:06:48
depth1
children0
last_payout2017-12-17 18:06:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
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promoted0.000 HBD
body_length233
author_reputation32,836,279,479,347
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,022,793
net_rshares0
@sangeeta · 
Have an important discussion.I really like your posts.
👍  
properties (23)
authorsangeeta
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t182845326z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:28:48
last_update2017-12-10 18:28:48
depth1
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last_payout2017-12-17 18:28:48
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total_payout_value0.000 HBD
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body_length54
author_reputation9,637,223,782,143
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,024,864
net_rshares143,085,320
author_curate_reward""
vote details (1)
@screenname ·
Re: Warning! Do NOT use Convert to Steem option for your SBD's!
<p>This post has been ranked within the top 10 most undervalued posts in the second half of Dec 10. We estimate that this post is undervalued by $176.14 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-dec-10---part-ii">The Daily Tribune: Dec 10 - Part II</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
properties (22)
authorscreenname
permlinkre-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t014942
categorysbd
json_metadata"{"replyto": "@minnowsupport/warning-do-not-use-convert-to-steem-option-for-your-sbd-s"}"
created2017-12-11 01:49:42
last_update2017-12-11 01:49:42
depth1
children0
last_payout2017-12-18 01:49:42
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_length767
author_reputation46,276,338,038,330
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,058,435
net_rshares0
@sevlom777 · 
Bitshares buy/sell option works very fast as well.
👍  
properties (23)
authorsevlom777
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t224741461z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 22:47:42
last_update2017-12-10 22:47:42
depth1
children1
last_payout2017-12-17 22:47:42
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_length50
author_reputation290,089,192,616
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,046,214
net_rshares152,663,409
author_curate_reward""
vote details (1)
@hmushtaq · 
I think you mean Blocktrades. However, they charge some transaction fee.
👍  ,
properties (23)
authorhmushtaq
permlinkre-sevlom777-re-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t234701302z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 23:47:00
last_update2017-12-10 23:47:00
depth2
children0
last_payout2017-12-17 23:47:00
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_length72
author_reputation5,954,376,833,183
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,050,070
net_rshares739,535,992
author_curate_reward""
vote details (2)
@sireh · 
Thank you
properties (22)
authorsireh
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t191106957z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-11 19:11:27
last_update2017-12-11 19:11:27
depth1
children0
last_payout2017-12-18 19:11:27
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body_length9
author_reputation14,655,966,210,975
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,149,832
net_rshares0
@skytrex ·
$0.42
Indeed, only use it when SBD are below 1usd!
👍  
properties (23)
authorskytrex
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t202222232z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 20:22:24
last_update2017-12-10 20:22:24
depth1
children0
last_payout2017-12-17 20:22:24
cashout_time1969-12-31 23:59:59
total_payout_value0.314 HBD
curator_payout_value0.105 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length44
author_reputation6,220,391,005,416
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,034,922
net_rshares99,203,583,704
author_curate_reward""
vote details (1)
@thatswhatsup · 
That's what's up.
properties (22)
authorthatswhatsup
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t180849392z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 18:08:48
last_update2017-12-10 18:08:48
depth1
children0
last_payout2017-12-17 18:08:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
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promoted0.000 HBD
body_length17
author_reputation8,331,054,179
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,022,964
net_rshares0
@tipu ·
$0.18
<table><tr><td>http://i.imgur.com/sAg9ypb.png</td><td><p><strong>Hi @minnowsupport! You have received 0.1 tip SBD + @tipU upvote http://i.imgur.com/UwA0sjo.png  from @dswigle :)</strong></p><p><a href="https://steemit.com/steemit/@tipu/tipu-quick-guide" rel="noopener">@tipU - send tips by writing tip! in the comment, get share of the service profit :)</a></p></td></tr></table></td></tr></table>
👍  
properties (23)
authortipu
permlinkre-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171211t231459
categorysbd
json_metadata""
created2017-12-11 23:15:00
last_update2017-12-11 23:15:00
depth1
children0
last_payout2017-12-18 23:15:00
cashout_time1969-12-31 23:59:59
total_payout_value0.182 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length397
author_reputation55,913,510,651,708
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,169,502
net_rshares41,085,944,159
author_curate_reward""
vote details (1)
@trucklife-family · 
this a bit late for me, as 4 days ago I converted all mySBD to Steem through Steemit, I thought it would be best to keep it within Steemit but no for my 20SBD I got 14 steem, was very puzzling for me, until my friends in Eco train explained it to be, feeling hard done by though.
properties (22)
authortrucklife-family
permlinkre-minnowsupport-warning-do-not-use-convert-to-steem-option-for-your-sbd-s-20171210t193835911z
categorysbd
json_metadata{"tags":["sbd"],"app":"steemit/0.1"}
created2017-12-10 19:42:33
last_update2017-12-10 19:42:33
depth1
children0
last_payout2017-12-17 19:42:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
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promoted0.000 HBD
body_length279
author_reputation1,317,075,755,937,086
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id23,031,552
net_rshares0
@yahialababidi · 
Wow, this is very helpful, thanks - was just about to convert my hard-earned 50 SBD to Steem!
properties (22)
authoryahialababidi
permlinkre-minnowsupport-20171211t7227899z
categorysbd
json_metadata{"tags":"sbd","app":"esteem/1.4.7","format":"markdown+html","community":"esteem"}
created2017-12-11 12:02:30
last_update2017-12-11 12:02:30
depth1
children0
last_payout2017-12-18 12:02:30
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total_payout_value0.000 HBD
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body_length93
author_reputation116,173,625,176,323
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries
0.
accountesteemapp
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max_accepted_payout1,000,000.000 HBD
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post_id23,105,056
net_rshares0
@yahialababidi · 
Been to Pal discord twice, now, and can’t figure out how to use it/send questions - it says it’s ‘read-only’ and my ‘invitation expired’.  Kindly, advise how to proceed 🙇🏻
properties (22)
authoryahialababidi
permlinkre-minnowsupport-20171211t7445369z
categorysbd
json_metadata{"tags":"sbd","app":"esteem/1.4.7","format":"markdown+html","community":"esteem"}
created2017-12-11 12:04:48
last_update2017-12-11 12:04:48
depth1
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body_length171
author_reputation116,173,625,176,323
root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries
0.
accountesteemapp
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max_accepted_payout1,000,000.000 HBD
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post_id23,105,260
net_rshares0
@zakia ·
$0.40
Thanks for your valuable post.  It’s really important to us.
👍  , , , ,
properties (23)
authorzakia
permlinkre-minnowsupport-20171211t058735z
categorysbd
json_metadata{"tags":"sbd","app":"esteem/1.4.7","format":"markdown+html","community":"esteem"}
created2017-12-10 18:05:15
last_update2017-12-10 18:05:15
depth1
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last_payout2017-12-17 18:05:15
cashout_time1969-12-31 23:59:59
total_payout_value0.392 HBD
curator_payout_value0.012 HBD
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root_title"Warning! Do NOT use Convert to Steem option for your SBD's!"
beneficiaries
0.
accountesteemapp
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percent_hbd10,000
post_id23,022,636
net_rshares100,797,458,626
author_curate_reward""
vote details (5)
Help/Feedback