RE: QuadrigaCX: The Plot Thickens
Truth IS stranger than fiction
This guy, could have gone to India where he died of medical complications of his condition just after updating his will and just at the point where his exchanges is coming under scrutiny.
I mean, stranger things have happened.
But, what are the odds of that?
I feel that horse needs to be beaten some more.
In the future, all exchanges will be done with something like crypto wrappers, that are miniature escrow account. But, until then, don't leave your coins on exchanges unless you are exchanging them actively. And if that is the case, take profits regularly.
Steem is actually very good for learning to send / receive coins.
Especially paired with Blocktrades.us, or open/bitshares.
You can learn to move coins around really easy, with minimal loss.
Good practice. Good learning.
I don't know if it's true or not but someone said if you buy from Blocktrades you get one steem for one dollar regardless if the price of steem is lower. Is that true?
Just go to https://blocktrades.us/ and find out
Currently
100 STEEM will get you 30.124 SBD
Now, what you are probably thinking of is the internal conversion (done by the steem block chain). Where it does give you $1 worth of STEEM, no matter what the SBD was worth.
When this started, STEEM was always less than $1, so it was easy to keep the SBD peg to $1. But, lately it has been all over the place.
This conversion feature has been turned off in steemit.com
If you want to trade SBD for STEEM, use the internal currency market.