Viewing a response to: @bacchist/re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170530t235915391z
I understand your point of view. But do you have a plan when converters have significant loss due to feed premium?
post_id | 3,220,099 |
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author | clayop |
permlink | re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170531t002507087z |
category | witness |
json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
created | 2017-05-31 00:25:09 |
last_update | 2017-05-31 00:25:09 |
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cashout_time | 1969-12-31 23:59:59 |
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author_reputation | 274,017,170,680,915 |
root_title | "Three Reasons Why We Should Not Support Feed Premium" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Right now converters are losing 1/3 of their value by converting. That's a significant loss. What is the plan to address that?
post_id | 3,220,169 |
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author | bacchist |
permlink | re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170531t002826507z |
category | witness |
json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
created | 2017-05-31 00:28:27 |
last_update | 2017-05-31 00:28:27 |
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last_payout | 2017-06-07 00:28:27 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "Three Reasons Why We Should Not Support Feed Premium" |
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max_accepted_payout | 1,000,000.000 SBD |
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They get $1 value of steem when convert 1 SBD. Its not a loss, rather selling just earns more than promised. But if feed premium is 50% they will get only $0.67 value of steem. I am asking this and please answer.
post_id | 3,223,285 |
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author | clayop |
permlink | re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170531t025635885z |
category | witness |
json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
created | 2017-05-31 02:56:36 |
last_update | 2017-05-31 02:56:36 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "Three Reasons Why We Should Not Support Feed Premium" |
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It's definitely a good idea to disable conversions in the gui in that situation, or at least have a prominent warning. After all, conversions aren't desirable with a high SBD price, anyway.
post_id | 3,225,017 |
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author | bacchist |
permlink | re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170531t042332548z |
category | witness |
json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
created | 2017-05-31 04:23:33 |
last_update | 2017-05-31 04:23:33 |
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children | 0 |
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last_payout | 2017-06-07 04:23:33 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "Three Reasons Why We Should Not Support Feed Premium" |
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