Digital to physical swapping.

in #palnet7 years ago (edited)

E0C1B480-3003-43A1-A9BC-8BA6B3F87D3C.jpeg

Can you believe this was Steem? Ok it was steem when it was $7.00..

We swap silver to gold and vice versa similar to our SBD market. I am a big believer in physical assets. Imagine swapping this back into Steem. Take a guess how much Steem is right here!

Iphone 7

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My guess would be around 25,000 Steem. You made a great purchase when Steem was high!

Posted using Partiko Android

Wow to think I was waiting to become a dolphin. Looks like I did it. Unfortunately don’t think I’ll be converting it back. In the end, physical assets work better in a blackout at least to me.

No question. Difficult to trade crypto when the lights are out.

Posted using Partiko Android

Well... at spot you have about US$4188, so that would be.... about 19,888 steem.

both know you don’t get phyz for spot price (at least I don’t lol)

Thanks for the calculation though. 19,888 it’s is!

I have not sold any, so I wouldn't really have any first hand experience. Some say that if you have BU coins (that are not ASE), they may give you spot. With ASE, the experience of some is that they do buy them at $1 to $1.25 over spot. Graded coins, they use the book for a guide. All others (no matter the coins, bars, rounds), LCS will buy them less than spot. I still have to find out for myself, LOL!

a lot more than what I have!

then stack MOAR ;) before it's totally out of reach.