Liquid STEEM is STEEM that is not powered up. It's STEEM that is free to flow from wallet to wallet and can also be sold on exchanges for other cryptos.
Two days ago the amount of liquid STEEM was 72.9 million. (out of a 259.6 million)
Today that's 67.9 million.
That means that 5 million Steem was powered up in the last 2 days. Great!
I consider STEEMpower to be one of the best investments you can make.
Some of this powered up liquid STEEM came from Poloniex when they opened withdrawals again. But not all of it.
Less liquid STEEM is a good development in my mind.
It shows me STEEM is wanted enough to power it up but also leaves less liquid STEEM on the market in the process.
Less of a product on the market that is wanted means the price will go up at some point.
At least that makes sense to me.
All you have to do is wait. (and blog and have fun in the process).
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Good morning man
I saw on this post yesterday that 5 million steem had gone from the market.
@elyaque is suggesting that steem.inc bought 5 'back' - what do you think?
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Thanks for pointing this out! If that's the case. I'm wrong about poloniex.
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No worries!
Do you think/know the account '0' is Steemit then?
Still seems like good news if this is what's happened - like a company buying shares back and taking them out of issue?
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https://steemit.com/@misterdelegation/transfers
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Wow, good find!
I need to make friends with this guy!!
A small tribute to you in today's blog, I couldn't not use the image of your first post😂👌🏽👍🏾
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Indeed! :)
@steemit powered up 5,000,000 STEEM to @misterdelegation yesterday.
More info: https://steemit.com/steemit/@penguinpablo/psa-steemit-inc-transfered-5-000-000-steem-power-to-misterdelegation-yesterday :-)
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Holy sh*t - that is a lot of steem. 527$ per upvote. Mamma mia...
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Very informative! Thank you!
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Power Up is the smart thing to do, most of the crypto users are here for the long run. The STEEM price in the last days was very cheap, some steemians bought it to Power up.
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Easy to buy Steem now with SBD. The price is extremely low. 👍
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Well Steem power is the live force of steemit platform and for those who wants a perfect investment with greater ROI along with less volatility and risk, Steem power would be a perfect investment for them.
I just wondered why Steem price is wavering around $1-$1.5 for so many months. May be a lot of people are taking their steem power out of the system by dumping them for other cryptos'.
Let's hope for a great steemit future .
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@exyle Like you I Love STEEMIT and anything to make less liquid STEEM available is beneficial to ALL. I know that right now what I need to do is EVERYTHING that allows me to accumulate more Steem Power. I find myself looking around for more and more things to sell that I don't need to clutter my life. Result of that will be more STEEM POWER !!
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great information @exyle, it's nice you points out about liquid steem is used for power up in last 2 days and that's fantastic news, it also good for overall steemit growth and it also shows peoples are very much interested to use the steemit blog and i also agree with the point that steempower is one the best investment one can ever make, i think buy and hodl now is a really wise decision as with the increasing popularity of steemit we should definitely see a 2$ steem in a very near future, thank you very much for giving us very useful information and suggestions.
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You are right @exyle if STEEM will stay here and on the stock exchanges it will be a little shortage and from here the price should go up. I think this should be important for everyone, since the more expensive STEEM is, the better :)
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Oh yeah, the new feature made it possible to shoot STEEM in any amount and many began to use it, but I think there is no need to hurry @exyle, to maintain a high price!
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your points are valid, when the liquid steem is going down and used in powering up process, it's no doubt a good sign both for steem and steemit blog, i think we see a good boost in steem price at the point when Steemit is prepared for many clients then it really takes off. else it just takes after what the general market is doing. enjoy your time and have a very happy week ahead my friend.
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It would be too costly for late entrants like me though, but I suppose it is good for the long run.
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It's a good development, but I suspect the price will not really rise until there is some news that drives more people to want Steem. When Steemit is ready for millions of users then it may take off. Otherwise it just follows what the general market is doing. Maybe you said this in the video, but I can't watch it right now.
I see people getting scared when the price drops below $1. Those of us who remember Steem at 6c (just a few months ago) will laugh at them :)
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Yeah, I remember $0.07 STEEM. So $1 is fine with me. In the end though investing is a gamble. I believe the steem blockchain will increase in value a lot more and therefore I stay invested. Investing in an early stage brings risk of course and also greater rewards if you are right.
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we hope steem price will rise as you mention some are going to power up thats mean it creates market demand, thanks for sharing.
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@exyle,
That would be a great news! And most of my friends converted SBD to STEEM in last couple of days as well!
Cheers~
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Great insight! I'm on this train and enjoying every bit of it till my destination is reached!
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Your posts are very interesting especially for me who is
still a beginner and I have to learn more.The amount of liquid steem is going down ....
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Best part about waiting for Steem (a cryptocurrency) to go up is having fun while you do that. NO other currency provides you that luxury which is a magnificent attribute Steem possesses.
This is the second post since morning which has given hope and has helped me gain more faith in what I'm doing with a part of my time daily. Thanks, Buddy!
Good luck with the Steemfat!
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Thanks, Steemfat is going well. And I'm always positive about STEEM. I think it's great.
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your point is 100% correct. We will see the Steem value will go up in some point soon. But for the past two weeks Steem price is down a bit. Hope it will pick up.
Thank you reminding us about this valid point.
Cheers!
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Thank you so much for continuing to publish this important contentedness I will go through the cloth carefully as.SUCH AN QUALITATIVE CONTENT. Full success your web log is so interesting one of the best steemit blog .i always upvote your post @exyle
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That sounds great ,which means people are entrusting Steemit by their finance,and In no time Steemit is gonna be a great platform in Social Media
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One thing I still don't know that is there any limit on steem mining like bitcoin (21 million)? If no, then don't you think that Steem wouldn't increase as much as Bitcoin does?
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This explains all: https://steemit.com/buying-steempower/@fyrstikken/each-steemian-can-own-714-steem-to-their-name-today-and-then-we-have-run-out-of-coins
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Patience is good! I am also patient. At least part of the magic of Steemit is the satisfaction you feel when you complete a post and take that next step forward.
For patient people, it is easy to recognize the value of gradual progress.
It is still warm here in Oklahoma. The sweaters are still packed away.
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I'm jealous of your weather. I love the warmth. Patience is good indeed!
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It is the law of economics that less of supplies, more demand so price high. Thanks for the valuable information about steem in the community.
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If the price of steem goes up will the value of steem power when converted go up with it?
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Yes. When you power down steempower to liquid steem the conversion is 1 on 1.
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That is great. I share the same thoughts as you concerning the rising of the price because is less liquidity on the market.
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i am still quite unclear about the implication of this.... really how can i make sense of the system? so many things are confusing to me especially cryptocurrency... where can i best learn? i hate feeling like a novice
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We are all novices at the start. Nothing wrong with that. Start with the blue paper: https://steem.io/steem-bluepaper.pdf even if you don;t understand everything 100% straight away it's a good start.
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ALRIGHT......thank you so much, i really appreciate
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thanks for the site name that was great to see the stats i hope the price of steem goes up again to new heights the price rise is all what all want to see :) thanks for explaining it very simply :)
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The incrcease in power ups means that more and more people are realizing the value of having steem long term. That's great news!
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Awesome news @exyle..😊
I think this will be a great opportunity to all in the steemit.. Now they can enjoy 1:1 Steem/SBD..
NICE EFFORT..
Upvoted and cheers..🤗😊
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Great video and really glad you brought up this topic. I was going to point out the fact that this Steem was transferred to the misterdelegation account, but looks like someone beat me to it.
With the current account delegation account getting a little low, I was wondering if maybe Steemit Inc is preparing for HF 20 and a mass influx of new users to allow for account creation. It will be interesting to see how that account is used going forward.
I agree with your 100% though, the less liquid Steem on the market the better. It simply boils down to supply and demand and hopefully as time goes on more and more investors will see the value and purchase Steem Power.
Have a great night brother!
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We need to expect that the price will grow up!
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here's hoping this trend continues!
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Wow amazing apreciation I consider that Steem will be more strong when support a debit card and we can buy with she in local store about the world is a big step
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Great that 5million steemit had gone last up before .
No worries it will increase @ exyle
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nice to see your post and thank you very much for share this post.
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yeah really nice to see the growing support !
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@exyle - Oh my goodness, a good news for us Sir <3 :*
+W+ [UpVoted & ReSteemed]
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Thank you! I wait definitely!
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Wooww
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Good thanks information @exyle
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nice analysis and good sharing now to know about it :)
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great post ..thanks for share
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You are right bro./////
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So I see it's already mentioned, the 5M power up ^.^
Steem is not really a currency you wanna hold as a (large quantity) liquidity though, far better options for that...
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Good Post. Thaks. @ilyasismail from Indonesia
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Oh is dtube still renaming tags by prepending "dtube-"? I came around that by not tagging at all and adding them later through Steemit.
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Interesting, very interesting
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Wow didn't know that so much was actualy invested into steem. Tnx for sharing @exyle
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since my start on this platform, I have always said that Steem Power is the best investment we can make.
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Now the demand is going to be more than the supply so we can see a price rise up.
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Really good news, but for Steem to become a real currency it has to maintain a level of liquidity, will have to see where that level is.
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Powering up is like putting your economies to work at night while you are asleep 👌
Thank you for the update!
Enjoy @nature.art, my kind of Art!
Be love!
Be Happy!
🌞
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Great post @elyaque.
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amigo #resteemia at your service
'I consider STEEM power to be one of the best investments you can make.' yes, i feel the same. nice review @exyle
ReSteemia
'UpVoted ReSteemed Commented'
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