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RE: Market maker alittle targets $0.10 to $0.01 SBD per Steem [SpottedOnSteemViz]
200k SBD? I see only about 20k transfered to exchanges from the @steemfest account...
200k SBD? I see only about 20k transfered to exchanges from the @steemfest account...
I didnt mean from the steemfest account directly, I got the 200k figure from @masteryoda 's report as the total amount of SBD-STEEM conversions qued up for the next 7 days.
I know Steemit Inc. is pouring in some Steep Power to the SteemFest participants, but they do that directly Steem->Steem Power from what I understand. And the fest is 2 months away, there;s plenty of time to get that steem for them.
As to the overall conversions, I think SBD turned to Steem is actually good as it removes the pressure of backing it up?
When SBD is pulled out towards exchanges, that needs to raise some worries.
I am personally powering down and immediately turning it into SBD. Waiting for Steem to go down and then buy it back.