March to 10 - STEEM Daily Update - TGA Analysis (16-02-2018)

in marchto10 •  7 years ago 
Today morning I heard a bad news about @adept, one of the true STEEMIAN's loss. Therefore, I would like to start my daily update by saying RIP @adept. Hope what he dreamed in STEEM blockchain will be come true in future as well.

When we check the ALEXA ranking of the STEEMIT you can notice STEEMIT is about to reach the top 1,000 websites in the upcoming week of time. It's a plus point to all STEEMIANS and it also reveal this is the next generation social media platform as well. According to my viewpoint FaceBook and all other social medias now fear to see the growth of this wonderful platform top of the decentralized blockchain technology. According to my viewpoint STEEM blockchain is powerful than Google Inc. Because, alternatives for most of GOOGLE products can be found in this blockchain and with SMT we can see more enhanced version of app base on STEEM blcokchain as well. Therefore, the future of STEEM looks so bright.

Yesterday we got an announcement of announcement of AppBase update from STEEM dev team. It's just a beginning of a series of valuable updates of STEEM Dev teams. I wish to hear more big news in upcoming weeks as well.

With recent market price of STEEM and STEEM DOLLAR (SBD) we can make decent amount of STEEM as an active blogger of this platform. One other important thing is Steem Dollar (SBD) market price also increased and passed STEEM. It's a good sign and a good news for all active bloggers of this platform and I think we should not worry about a PEG at the moment. The market supply of Steem Dollar (SBD) is too low to PEG for $1.00. If it need to PEG to $1.00 it needs atleast 5-6 times of the current market supply worth SBDs.

STEEM is my best crypto choice of 2017-2018. According to my viewpoint STEEM will change the entire phase of crypto and social medias in next few years of time. Therefore, you must be hurry to collect STEEM, because this might be the last time that we can buy STEEM in this lower price level. I am going to tell you WHY? (Thanks for @mexbit to highlight those fields).
  • STEEM is not only a Social Media based blockchain, it's a business blockchain.
  • DTube built as a replacement of YouTube.
  • Ustream replacement called as DLive.
  • DSound is the replacement of SoundCloud.
  • StackOverFlow will be replaced by PeerQuery.
  • SMT will be the replacement of ERC20/Ether.
  • STEEMIT is the replacement of Reddit / FaceBook.
  • Twitter replacement is Zappl.
Until STEEM reach Two figure value of its' market price I would like to keep this article topic as March to 10 in next couple of weeks time.

Original Image Source

Graphene Blockchain Technology early adopted STEEM blockchain is one of the fastest blockchain in the current world. Let's check the daily statistics of the STEEM blockchain now.

Current Reward Pool Statistics of STEEM


Head Block Number: 19,919,436
Current Inflation Rate: 8.98322256
Current Virtual Supply: 266,339,006.873 STEEM
Every Block Produce: 1.707036655 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,162.65565376

I wish no one will drain the reward pool too much. This daily reward pool is for all of us. Not only for few big players of the platform.

Current STEEM and SBD Market Analysis


STEEM Market Price: $4.45
Market Capital: 1,109,915,993 USD
Circulating Supply: 249,364,408
Market Capital Wise Rank: 25

STEEM DOLLAR Market Price: $5.60
Market Capital: 50,138,705 USD
Circulating Supply: 8,958,027
Market Capital Wise Rank: 227

Sources: Steem, Steem Dollar

Top Power Up Statistics in Last 7 Days



Source

Top Power Down Statistics in Last 7 Days


Liquid STEEM: 78,769,914
Current Supply: 264,155,315 STEEM
Pending Power Downs (Total powering down in the next week): 1,106,614 STEEM
Completed Power Downs (Total powered down in the last week): 6,270,472 STEEM
Difference (% Change): -82.35%


Source

What Alexa Traffic Statistics Says


STEEMIT made it's entry to top 1,100 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.

Source

Audience Geography
CountryPercent of VisitorsRank in Country
United States29.6%746
South Korea10.5%209
United Kingdom5.4%552
Germany4.6%878
Japan4.0%2,097

What Blocktivity Says Today


Here what I have found today from BLOCKTIVITY. As I told you before, Graphene Technology powered STEEM has proven that it has the capacity to do more scalability than Ethereum and BitCoin networks. Moreover, Graphene Technology powered BitShares dethrone Ethereum from second place as well.

STEEM: 1,633,621 Transaction & Consumed 0.14% Network Capacity
BITSHARES: 1,453,220 Transaction & Consumed 0.12% Network Capacity
ETHEREUM: 728,425 Transaction & Consumed 56.21% Network Capacity
BITCOIN: 195,107 Transaction & Consumed 41.06% Network Capacity
GOLOS: 100,843 Transaction & Consumed 0.01% Network Capacity


Source

What Are The Most Active Blockchains?



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Marketcap of Most Active Blockchains



Source

Crypto Currency Market Capital Changes of Last Couple of Months Time



Source

The Speed of STEEM Blockchain by Animations




Source

Main Events of STEEM Blockchain in 2018


STEEM got two big news in 2018.

Time to few questions


  • Do you have any opinion to improve the efficient of this article? If yes, please write in point form.
  • What do you think about STEEM Reward Pool? Do we need to utilize it effectively?
  • Where STEEM will go next? Or it will remain at current market price?
  • What do you think about Smart Media Token? Do you think it will bring STEEM to the Moon?

References

Smart Media Token - Source
Graphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source

Special thanks for @rebeccaryan, for her nice suggestions to improve the quality of the report.


Enjoy!

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Thanks for giving us good advice. Somehow, I too felt the urge to collect steem and store it and I am doing what little bit I can. when steem prices go up, our post will also be rated high and that leads to reward pool. The present system or the high inequality is bad and has to be capped. One line spam post might make lots than a well researched @steemstem article. I hope the founders do something about it, like maybe introduce an editor before being able to publish? It is not an impossible task

good job :)

excillent post...tnx to know me tnx a lot...

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