You are viewing a single comment's thread from:

RE: Into The Heart of Sustainability: Fractions of a Fraction

in #sustainability6 years ago

What's really great is that you are essentially doing all the hard work of making the most "profitable" decisions for the whole group. It also makes me feel better that I stopped doing the SBD conversions myself, because it means there was a teensy bit more time that SBI could profit by it.

Posted using Partiko Android

Sort:  

I don't know that any individual level of conversions has a big impact on the total time that they are available, but maybe a little impact. SBD is still below $1, the profit failure of recent conversions has been because of a pop in STEEM price (we calculate everything using STEEM as our base currency, so a pop in STEEM price results in an unprofitable conversion, even though it would have been profitable still if we used USD as the base currency for calculations).