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RE: Steem Is Almost at All time High 3$ - Steem Dollars at 14 $ :)))
As a minnow I now feel quite terrible that I didn't realize that STEEM and SBD have separate values as currencies :(.
So, just to clarify: If SBD is at $14 and STEEM at $3, is there any reason to convert Steem Dollars into Steem?
There is a lot to learn always since steemit is evolving everyday :)
Steem dollars is supposed to be one dollar but for some reason its around 10 dollars (which is good for authors :D)
Check @luckysteem comment
The author basically gets 50% of the dollar amount you see under the posts in steem dollars. And the other 50% is split between the author and the other curators in steem power.
I think it is better to covert steem dollars to other crypto currencies at the moment. Free investment :)
Thanks for the explanation. Read @luckysteem's comment as well. Kinda makes me a bit more confused, because like you've said, it's not a sustainable strategy. Unless Steem is somehow better the SBD, there would be no reason to buy more Steem. Guessing the power of Steem is you can convert is to Steem Power?
Exactly! Thats why i belive that steem dollars will get back to around one dollar. Unless there is another pump :)
Lets hope it stays up for a while!
Cash out.. cash out... lol. Just kidding. I guess the strategy is not that hard. Convert to other currency when the price is high, hold on to it when it nears $1. Let's hope it stays up indeed!
@hossary, as a minnow I have to ask. Why don't you post more about 3D printing on Steemit?
Actually that is a very good Question, I'll probably post more about 3D printing.
The thing is I barely have time to post on Steemit and not everybody enjoy 3D printing posts.
There are good news coming up regarding 3D prinited assistive devices . Maybe i will write a post or two about current projects.
Thanks for the heads up :)
Glad to help. I think it would help diversify the content on the platform more. Looking forward to reading about it :)