RE: C by bitcoinflood

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Viewing a response to: @webcoop/cashing-out-your-rewards-from-steemit-com

tutorial · @bitcoinflood · Dec 2 '17

$0.36

Ouch these rates are so freakin high! $1.55 for steem while on markets it trades for about $1.05 thats about a 50% cut they are taking lol. People complaining about high fees on BTC should check this junk out haha

👍 bitcoinflood

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@webcoop · Dec 2 '17 (edited)

Whaaat, where, did I miss something? Where is that $1.55 for steem? 

I don't get it. 

Are you saying that my 1 STEEM should be worth more than 493.95 DOGECOIN?

On my post, I have paid a fee of 0.002 steem. Is that too high?

When I received my DOGECOIN in my wallet it was 493.95. Which means my 1 STEEM = 493.95 DOGECOIN? Is that way too low?

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@blocktrades · Dec 2 '17

My best guess is he's confusing Steem Dollars and STEEM, but who knows...

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@fataldeadboy · Dec 2 '17

Possibly, either way businesses survive and without a proper safe way to withdraw steem would be worth less anyway. Furthermore, i think its better to have a slightly high fee tather than a straight forward scam sight? How do you feel about it?

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