One simply has to look at where all the action around the STEEM and SBD price.
Upbit the Korean exchange has been around 80% of the exchange trade around STEEM and SBD.
This continues to reflect in the fact that more and more traffic is coming to steemit from South Korea.
Represented by the green line below. Last week the baseline peaked at over 150 000 in 24 hours.
In all cases the traffic is growing exponentially. As soon as I discovered Steemit, I knew that it would be extremely profitable. Just look at what happened with Facebook & Google.
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IN 3 years everyone will be wanting to be here on steamit. Will it be to late for them?
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In 3 years it probably will be to late to join as a dolphin, now is the time to buy steem.
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I totally agree. I'm new here & I feel like it will absolutely kill youtube in few coming years 😊
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Thank you @gavvet. This speaks to the importance that was raised on yesterday's Steem Witness Forum on the need for Steemit (and other communities) to make non-English language participation easier for users.
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Hope other exchanges will follow soon
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I wish Binance follows. It will be open to too many traders then.
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i dont even know if any of the founders/core dev team have applied to binance. or kucoin.
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Right? I mean you can buy EOS and BTS on Binance. Then have to head to Bittrex to get some STEEM can we just get them all on one?
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Very interesting. Why is the price so crazy on HitBTC. It looks like you are still on able to deposit or withdraw from that exchange. I guess that is the issue. Would be nice to get 50% more than the other exchanges. Too good to be true.
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An excellent analysis of the volotility and traffic of the STEEM, from which we clearly see that on the wave of periodic prohibitions from the government of South Korea, more and more people come from this country. Venezuela and Nigeria are also active, and this is encouraging in the sense that the STEEM is gaining increasing interest among people around the world. I'm sure this kind of interest is caused primarily by the advantages of STEEM, which are expressed in fast transactions without commissions and with better scalability than many currencies. With this dynamic, the Steemit is gaining momentum, and I think this is only the beginning! Thank you @gavvet
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Seriously Korea is probably the biggest cryptocurrency market nowadays.
I am Glad that Koreans are trading SBD and Steem heavily.
Once SBD and Steem are known in Korea very much maybe in few days we may see a big jump in the prices of SBD ans Steem,,,, I believe they will both be above $20 in a short time as per the fact that It is getting a lot of positive buzz around the world
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This is crazy but Steem is still way undervalued.
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What do you feel is a fair price for STEEM or STEEM dollars?
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Volume is mind blowing. Is South Korea interested in Steemit or is it just a speculation is a big question. Nevertheless, it seems that trend will continue.
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Yeah, I think some of it has to do with people "indexing" the top 100 or top 50 coins. The question is whether or not adoption and use-cases will keep up with the speculative investment, and I think there's a chance that it might.
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the smart money would look at steem i think as a great store of value and that 3 second transaction time and super fast blockchain makes it a nice place to stash some cash too, the volume is immense, at least from what we are normally used too.
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Hitbtc is so crazy in price but the amount of volume being traded is great. We still have so much more potential.
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wow ! interesting info ! i hope steem and steem dollar will move up to the moon :)
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This look all very nice for the future of Steem!!! But if the price of Steem goes to 20$ we won't be getting any Steem Power from our posts :(
Is there a chance that they will recalibrate the code to cater for that fact?
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That’s a bit of flawed logic. Steem actually calculates your payout in SP (the translation to USD is then just for show) So if you’re getting 1 SP from a post now, your USD may show $5. If Steem price climbs to $20... a post that earns 1 SP will still earn 1 SP and the USD total will show $20! A gain in value does not make anyone earn SP at any slower pace. The increased popularity of the site and competition among users will make it harder though.
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omg that's why South Korea most effect the steem
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Thank you for this valuable information, does this mean that there is exchange operation buying more SBD ?if this is correct then steem will rise though
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Around Sept 10th 2017, China announced banning all domestic exchanges, which they actually ended up doing. NEO dropped to $20.69
Today, 4 months later there is still no exchanges allowed in China, Neo is $113.75
My opinion, looking forward to $100 ICX in 4 months... with or without Korea. But I expect Korean exchanges will still be running strong
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As long as their are troubling economies. BTC will never be dead.
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Steemit is growing quickly and it will continue to do so. This concept of social media’s should take over by storm eventually. It’s simply totally superior than the older model.
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can you imagine if all Venezuela was on there for payments?
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Venezuela will be in much better situation than it is. Venezuelan bolivar is a proof that fiat currencies are the past.
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For sure. Volatile or not, there are solid crypto investments that can be made that are more long-term viable than some national currencies.
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It would be a big up thrust for steem.
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that would be really something. country level steem. wow.
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Poverty would be reduced by a lot for sure.
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wow interesting information are growing
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Whoa, what a big spike in new visitors that was... Still looks good though. Quite the steady progression rate.
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Thank for sharing information...
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Steem and Steemit has such enormous potential my Friends! It is truly the Caring Social Network! I'm encouraging my Family, Friends and Clients to join the GREAT Steemit Community! The Steemit membership numbers this year are going to be out of this world! All the best my Friends! Positive Energy! Great Karma! Your Friend @extraterrestrial :)
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Yes truly more action is coming to steemit from south korea,venezuela are also breaking away and am also glad to know that my country Nigeria is also breaking away.An educative post boss,keep up the good work.Will be waiting for your next nice article
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Steemit followers are growing faster every day, may be too fast.
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wow good information sir.excellent post for steemit.
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@greene101 (29) Your comment above looks very spammy.
I looked at your other comments and they are similar in style, not including any intelligent or interesting discussion about the blogger’s topic. You don’t include anything to even show the authors that you read their blog.
This reeks of insincerity and laziness. It looks like you are trying to draw attention to yourself, probably hoping for upvotes or follows.
Spam posts like this risk getting flagged.
Before you make another comment, please read some of the many excellent steemit guides. Here are some examples which are particularly relevant to you
https://steemit.com/steemit-abuse/@spaminator/updated-your-reputation-could-be-a-tasty-snack-with-the-wrong-comment
https://steemit.com/steemit/@miti/a-complete-guide-for-newcomers-and-minnows-to-avoid-a-possible-spam-and-to-write-good-comments
If you liked the blog but have nothing interesting to add, then an upvote is generally sufficient.
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Nice post, you have get 100 % upvote from @steemupvotebot, follow us for upvotes, updates and technology related news.
To, @gavvet
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Probably a pump and dump for them.
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Well I believe steemit is going to be more valuable this year....
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Thanks for the info
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I’ll I can say is that steemit will grow big. Seeing this post is just a confirmation that more people are interested in this platfrorm and the only way is up for Stremit community.
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great information
Venezuela has been rising a lot and Nigeria's position is good.
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I just saw it at $196 million in the last 24 hours! Goodness gracious!!!
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South Korea presents a very Big market for steem, if only governmental policies are favourable
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KOREA IS MAKING US RICH🤑🤑🤑
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Very good your post @gavvet, thank you for the articles you share here I could date back to the country where a lot of users steemit. I would also like to know how many users steemit in Aceh, whether you could make a graph of his. I promise there is 5, 2018 in aceh will be increasing their use of about 2000 more. I would like to support you, because I am still new at this steemit thank you
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That's why the American government excluded South Korea from the exchanges and coinmarketcap! If they can't take 40% of what we make, then the government is not happy! Fuck em!
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Bitcoin has every one of the signs of an exemplary theoretical air pocket and even after nearly dividing in an incentive in a matter of weeks regardless it has further to fall, as per a main group of financial specialists.
As controllers in South Korea again motioned on Thursday that they were thinking about a prohibition on digital money trades, Capital Economics likewise expelled claims that bitcoin and its imitators could supplant set up monetary forms as "waste".
Bitcoin, which rose to more than $19,000 in December, recouped by 18% on Thursday subsequent to anguish overwhelming misfortunes in the first two days.
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I can't imagine digital trades being prohibited. It will happen globally, a country may be able to restrict it if they have infrastructure to monitor and restrict internet usage, but they would do so at the expense of their own nation's ability to interact in what will become a huge international market.
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@gavvet I'm new here on on steemit & have written few crypto reviews since last 2 days , If you have time then please see my work, upvote, follow & resteemit if you like 😊 thank you 🙏
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I strongly believe steemit will be the strongest and most solid platform on the web, and we are constantly growing each day, that proves the solidity of SBD.
Thank you!
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Thank you for sharing this. Great work with the analysis of the whole this. Steemit is growing like wild fire only here it's a good wild fire.
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let's go shopping to
Korea
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These are phenomenal statistics! Its also amazing to me just how much of a price rise is being caused by only ONE small country really trying to buy their way into some good stakes. Whats going to happen when other groups of people want to do the same? :)
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@gavvet : How can I access the data? Is there any python library / API which is capable to pull out data for me? Please help. I love these kinds of analysis and wanted to do it myself. Upvoted and Resteemed.
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This change of Venezuelan bolivar into Petro coin already cost me £500 ..i got scammed on www.getpetrocoin.com
Anyway ..i follow and upvote you ..please if you like what i am posting please do the same ...thanks 💋💋💋💋
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@mary1523 (26) Don’t ask for upvotes. It’s against steemit etiquette.
I looked at your other comments and they are similar in style, not including much intelligent or interesting discussion about the blogger’s topic. You don’t include anything to even show the authors that you read their blog.
This reeks of insincerity and laziness. It looks like you are trying to draw attention to yourself, probably hoping for upvotes or follows.
Spam posts like this risk getting flagged.
Before you make another comment, please read some of the many excellent steemit guides. Here are some examples which are particularly relevant to you
https://steemit.com/steemit-abuse/@spaminator/updated-your-reputation-could-be-a-tasty-snack-with-the-wrong-comment
https://steemit.com/steemit/@miti/a-complete-guide-for-newcomers-and-minnows-to-avoid-a-possible-spam-and-to-write-good-comments
If you liked the blog but have nothing interesting to add, then an upvote is generally sufficient.
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Let me hope the current crypto ban in south Korea wont affect this massive uprise..!!!
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Saya sangat menyukai posting # @gavvet
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2018 will be a awesome year for cryptos, just starting the USA gov shutdown is making ppl not trust in the gov, third world countries that already didn't trust their gov are starting to buy cryptos, and more ppl from all around the world are entering the train, just hop on in while u still have room on the train, because sooner or later everyone will want a seat.
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Very Nice And Great Article Sir Really Appreciate able We Will Wish By Your Effort Steem Will Grow And Rise Thanks For Sharing @gavvet
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Steemit makin menarik,sudah banyak yang mendaftar steemit,tinggal tunggu tanggal main nya...
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lets calculate it
circulating supply 6,702,987 SBD
and now market cap : 48,540,485 USD
highest PTC price : 0.1231480
and if BTC price : 13000
so if it reached its highest price in BTC it reach 1600 $ mean 10724779200 marketcap so be in 6 or 7 position in marketcap
so If we see increasing in crypto marketcap beside strong and solid project like steem and see more than 200 M daily volume which I think it just a start and it is from Korea and buy it with KRW so we should expect that SBD today's price is far away from its comming price
may be reach 1600... why not ?
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Thank's for sharing @gavvet
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plz vote me back. i am new on steemit. Need the help!!
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Nigeria is doing its best in steemit,
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South Korea is purely and simply taking Steemit over ^^
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I rep Nigeria and the passion of steemians here cannot be overemphasized
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Excellent news update that SBD and Steem are up bit.
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I believe uganda is the next one to explod in africa
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Does it also means it's better to trade at HitBTC cause the price is almost twice higher there?
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Interesting. And why do you think the leader is South Korea?
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I think in Korea #steemdollar take away bitcoin market cap.
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I can see a lot of kr posts here compared to the first time I tried this platform. Maybe Koreans find this platform more rewarding than other sites.
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This platform is revolutionary and it’s a great example of how these future technologies will play out in the future. Cheers everyone!
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@gavvet what does that mean??
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Wow... South Korea is a country i love and would like to visit...so they are also interested in steemit that's great. Thanks for the info
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Awesome!!! Stat.
Did I just see my country Nigeria mentioned?
Well its just a tip of the iceberg as Nigerians are set to make amazing records on Steem in 2018
More meetups
#proudlyafrican!!!
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cool
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Thanks sir for this captivating research, truly it has occurred to me that more traffic is coming to steemit. I am glad that Nigeria is also moving ahead from it fellows in Africa. I am proud to be a partaker of this.
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One of the reasons Steemit is growing in Nigeria is due to the effort of people like @ejemai @samstickkz and the @stach comunity as a whole. The @stach community is opening Steemit hubs across Nigeria where free internet is provide for people to steem. Nigeria will soon be top on that list.
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Congratulations @gavvet, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 47 and the total pending payments to posts in these categories was $5651.34. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
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Great post tnx for sharing i just upvoted check out my new post steemitalltheway
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south korea is a very tricky point here..i dont know that what they are doing with this crypoto banning..they drive us crazy :)
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Steemit is a phenomenm that has come to stay and nothing anyone can do about it
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Hope I can make it out as well and earn a lot.
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sorry if my kometar is wrong, because i am newcomer in steemi ,,
If there are 20dollars how much profit for us,
steem10 SBD 9 ,, because i do not know how to calculate it .. thanks for the information. I really appreciate your posta.postingan sngat nice .. hopefully you success .. Thank you
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It seems interresting i followed and up voted. Please keep doing your great work
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Its interesting how foreign investors are the biggest promoter of this crypto.
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South Korea, for some reason I am yet to fathom (I'm new to cryptocurrency), happen to be the biggest influencers
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I checked into the Korean exchange, looking at the steem trading.. There seems to be an inadvertant error between translation. Volume held on exchange or volume traded on exchange today - or volume traded on exchange since...? is it in KRW or USD? My research on upbits website looking at the trading volume bars says they are doing less than 5m steem a day.
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great stats, thanks for sharing
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Thanks friend this good information, because I have not understood about this.
thanks friend
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Would love to see SBD and Steem trading on Binance. That's when we will see its real worth. It will get a real boost then
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Its quite a convincing thing for SBD to start moving upwards after the major btc dive last week. Hope the trend continues and whales keep it moving up
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Hum thanks for this Information
Keep it up
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One can only guess how long this trend will continue. To me it seems like it will be a long time.
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wow,anyway i know uganda will also represent other countries in africa,,we're doing our best, thanks @gavvet for this useful investgation
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North Korea.
is there any North Korean?
If I'm not mistaken, recently I heard some issue about North Korea related to Crypto?
I'm I, right?
And it still north Korean exchange is going on the top?
That's the great news which is showing the popularity of this platform.
hopefully, it will grow faster.
My best wishes are with this platform and the Community around this platform.
God bless you my dear:)
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Steemit also scores very high on Google! This is the way how I found out about Steemit. The platform interested me immediately. From my point of view every artist should be considering joining and spreading quality and original content.
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For my steem, it is a blessing, for example in my country (venezuela) that is going through the worst crisis in its history, I observe how many people have made this place a main source of income.
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The blockchain will continue to grow, the banks are even trying to get involved.
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Have hope that there will be a new surge upwards for Bitcoin!
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Hello, I confess that I do not clearly understand how the price of Steem and the SBD works, however there is something I can say for sure and that is that Steemit has been a channel of blessing in my life and God has used good people to bless me by supporting me with their votes and I have been able to see wonderful changes in the economic aspect of my life thanks to the fact that I have won steem and SBD
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Those statistics are quite mind blowing!! I'm from South Africa and am quite surprised by the Northern Africa stats...
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Thank you for the nice post. South Korea has been a few steps ahead for years. My first visit there was in 2008. At that time in Europe, only some people had a fancy i-phone, there everyone had a smartphone and were using video chats on it. In South Korea is normal to have a door on your flat with a fingerprint recognition for more than 5 years already...I wonder how long it will take to get them here as a common use. They are the most competitive nation I have ever seen, but they also work extremly hard.
Also, they have wifi everywhere and have one of the highest computer and cell phone addiction rates;)
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Absolutely on point! Steem is way undervalued and its potential is immense being a social network platform that pays. The more cryptocurrency goes mainstream, I only see Steemit booming as a platform, hence mooning its prices.
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STEEM is and will change many peoples lives moving forward. The platform is truly amazing. The masses have not even found it yet.
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Crazy day in the STEEM network. Or is it now the EOS network? Either way it was a green day on TEAM blue
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Thanks for the stats. Still getting my head around it all!
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Re: Nigeria, hahahahaa, called it! It's only gonna get bigger; Steemit and Steem/SBD are quality products and cream always rises to the top.
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인터넷 강국인 한국에서 거래가 많이 되고 있다는 사실에 놀라지 않을
수가 없네요.
그만큼 이것에 가치가 매우 중요함을 알 수 있는 한 단면이 아닌가 합니다.
화 이팅.
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Nice post :) @gavvet
I am proud of you, keep on working.
It is not my intention to beg, but if you please please upvote my post as well. There is nothing wrong if we support each other. I know if you are a kind and helpful person :) @gavvet
https://steemit.com/life/@aaabangganteng/according-to-science-6-ways-can-make-you-like-many-people-without-having-to-rely-on-looks-f137b0a70c59b
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You have great info about all that .
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@timmylace (42) what you are doing is unacceptable. Your comment above looks very spammy.
I looked at your other comments and they are similar in style, not including any intelligent or interesting discussion about the blogger’s topic. You don’t include anything to even show the authors that you read their blog.
This reeks of insincerity and laziness. It looks like you are trying to draw attention to yourself, probably hoping for upvotes or follows.
Spam posts like this risk getting flagged.
Before you make another comment, please read some of the many excellent steemit guides. Here are some examples which are particularly relevant to you
https://steemit.com/steemit-abuse/@spaminator/updated-your-reputation-could-be-a-tasty-snack-with-the-wrong-comment
https://steemit.com/steemit/@miti/a-complete-guide-for-newcomers-and-minnows-to-avoid-a-possible-spam-and-to-write-good-comments
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