Due to Dan’s post last night most witnesses started reporting a different price feed, they now report the value of steem on the market minus a 10%. The idea is to support the 1 dollar/SBD peg with a premium.

Basically what this means is that everyone who converts SBD will get more steem that they would if they bought it directly with Bitcoin.

Sound too easy right?, well it is, the money is right there to be made for those who can see the opportunity.

You still don´t believe me?, well let’s look at these 2 examples:

- Buying 0.01 BTC worth of Steem directly with Bitcoin.

0.01 BTC / 0.000735 (price of Steem) = 13.60
Ok, so you spent 0.01 BTC and received 13.60 Steem for it in your favorite exchange.

- Now let’s try to spend the same 0.01 BTC but this time we will buy SBD first and convert it.

0.01 BTC / 0.00149 (Price of SBD) = 6.711 SBD
6.71 SBD / 0.40 (Price of steem reported by witnesses -10%) = 16.77 Steem
You got 3.17 more Steem when converting SBD to Steem.

Simple Conclusion: Buy SBD and convert!

Note: There is always a risk that the price of steem will crash faster than the adjustment of witnesses price feed, no investment is 100% guaranteed, invest at your own risk