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RE: Why the 100% payout option is really closer to 70%

in #steem-help7 years ago (edited)

Wow. You are really good at this and understand the market really well. I now get the exact reason why we have sbd. Just a question; i want to cash out, is it advisable for me to use the market or convert it through the 3.5 days payout

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That is a tough one to answer as it depends on whether the price is going to go up or down in the next 3.5 days. When you go to convert SBD to Steem you get the following message which I think sums it up nicely

The conversion amount depends on many factors including fluctuating market prices, witness price feeds, and witness price feed biases.