The last couple of weeks we have been tracking growing traffic from Asia and now it is exploding.
By country South Korea has swapped places with Great Britain.
South Korea is now in 2nd, with India 6th and Indonesia 8th.
Looking at the historical starts we can see just how viral this Asian growth is.
These are not just drive by bounces but actual returning user statistics.
Much of the Eastern Asia viral traffic is dominated by South Korea but China and Japan are making a healthy contribution.
Traffic growth from the rest of the world is suitably impressive.
The US and Canada are showing signs of being the next to go viral.
Overall we are seeing indications that we will be testing record levels again very soon.
Also that very strong correlation between price and returning user activity being clearly displayed in the graph above.
The most dramatic (positive) change in our global economy is about to occur between 2016 and 2020.
Three to 5 billion new consumers, who have never purchased anything, never uploaded anything and never invented and sold anything, are about to come online and provide a mega-surge to the global economy.
While most of these individuals are in Africa, India, China and the developing world, and their income is low, when aggregated, this represents tens of trillions of new dollars flowing into the global economy and no one is talking about it.
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Intriguing perspective.
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Its the crypto token economy that will have the deepest most positive impact on mankind since the industrial revolution. Within 10 years tokens will be everywhere and across the world. I wrote a blog back in September last year about how following a crypto ETF will outperform BTC returns over time. I was bullish on BTC then (still am) but saw how crypto tokens will have exponential growth in the coming years. Here it is https://steemit.com/money/@hedge-x/why-following-a-crypto-index-will-make-you-bank-over-the-next-few-years-steem-happens-to-be-top-holding
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Nonsense. You forget the internet besides that we could already transfer money instantly around the world for supercheap. Blockchain as a whole is great but not bigger than let's say 3d printing.
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I like your way of thinkin Carmine!
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I'm 100% in your camp. Phenomenal things are about to take place.
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thats true.
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I would imagine we will see Japan jump up this chart as well. With the new virtual currency exchanges being put in over there, the consumption tax on virtual currency trading going away, and just cryptocurrencies being introduced over there for the first time will likely bring in a wave of new investors. I would imagine a lot of them will take a look at steem (and steemit) as well since it is in top 10 cryptocurrencies by market cap out there.
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Yup, being in the top ten makes us a lot more vissible
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It is actually number 5 right now... Perhaps I should have stated "A top 5 cryptocurrency" ;)
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where are you looking?
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I was looking at poloniex, but after I typed that I went back and checked another site... which shows more accurately that Steem is currently number 10 in market cap. Disregard the previous comment :)
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I am from aceh can only comment this!!!
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Amen
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Amen ,,,,,,,
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Amazing, Indonesia is ranked 8th in steemit. The users of Indonesian state steemit generally is Aceh community, originated from sharing from main friends to other friends, not to mention in aceh many coffee shops and there too much they share and sharing about steemit. I love you steemit, regards steemit Aceh.
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Ache is proof of word of mouth
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ATTENTION!!!
I encourage everyone to begin flagging all posts by @gavvet. He is repeating content only to suck up rewards knowing he has plenty of suckers following him that will upvote regardless of how shitty the content is. To ensure your -100% posts do not get flagged you can use this page to ensure the post is within the period a downvote cannot be countered: https://steemdb.com/labs/pending
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Can you please explain explain what is doing wrong? Are you saying he doesnt deserve six hundred for just posting pictures of graphs? I agree, he should at least write some of his opinion...yeah its sad...people shouldnt upvote such low quality posts...i mean, tis post seems to have some relevant info, but yeah you are rigt these charts are just giving the appearance of making him apear intelligent etc hahah
i just dont wanna feel bad for others making money, yea he should be trying harder tp post better content but hey whatever , i cant blame him for wanting to make money off steemit ! I do agree he should not just be repeating content! Maybe ceetah bot and steemcleaners needs an upgrade or maybe we should meka a bot that points out lazy articles that are just copies of other content changed just enough to not alert the anti plagarism bots!
I am torn here, i want steemit to be about quality ccontent, not just people makin a quick buck ! Quality over Quantity!
And as the Soviets once said, (i believe stalin?) that Quantity has a quality all of its own!
https://steemit.com/steemit/@rossenpavlov/quality-vs-quantity-all-you-need-is-less
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There are accounts that are set up to automatically vote on any post made by his account. Knowing this, he takes advantage and posts this junk knowing he will earn a reward no matter what. That is the problem.
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I really do hate the bot system. I was actually interested in the actual interaction. But what I see is that my post will get maybe 20 votes, but only 6 people actually saw it. It is depressing to know that people aren't actually reading anything..
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The bot voting is a combination of greed and laziness. We have nobody to blame but ourselves. Because of this 100% of my votes are manually curated.
Human nature needs healing for Steemit, and us in general, to truly prosper.
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yup it's a hard sell, but you can find friends and flock together, as with anything most people are lazy :| why vote when you can autovote :D at least they put up a button so they have to collect their returns :D I for one have thought about autovoting since there are times when reading 50 pages(200) per day is kind of annoying :D buuuuut I can just chill out for a week and that works too :D
g chat people up i discord trails/steem speak and the chat(rocket chat) for steemit where you can do post promotion and just show what you want to see and fight for it, want more people engaging, tell them it's good, show them it's better and stick to it :)
Good luck :)
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Flags are still not anonymous are they? I imagine people would be fearful of flagging any of these Goliath accounts.
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so what? People should stand by what they mean, I was flagging bernie :D I'm not actually sure how many flags I had thrown out, but I returned some of them, back then he was harassing @krnel flags are not anonymous flags are downvotes, just like you upvote what you like you can downvote what you don't
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Its great to India in the top 10 list on the chart! There's a lot more to come from India on Steemit. This is just the start. :) We are yet to see BTC/Crypto legalisation and overall crypto boom in my country.
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Amen to that, and have STEEM sneak in the back door in the process, where everybody is not already heavily biased towards bitcoin.
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I'm from India and it is pleasing to see steemit's growth in Asia! :)
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It is for sure
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It is gonna go viral world wide real soon. At least on my part driving uber in South Florida . As I see people from all parts of the world and they are joining and joining fast . Steem On!!!
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LOL!
For some reason I am giggling uncontrollably... These are all very very good signs! Thanks for sharing, namaste :)
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South Korea seems more likely. 😜
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Good catch,
fixed.
NK is just so much more in the news that I guess its front of mind for me.
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Great analysis!
INDIAN here.
Just joined this week! :D
Namaste, and we shall come with you to the MOON!
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Just curious to know how did you hear about Steemit?
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It's a simple story. I just found while searching something else. And I found Steem repeatedly.
I also posted it here: https://steemit.com/steemit/@sidwrites/before-joining-steem-here-s-what-my-picky-brain-made-me-do
In 2013, I joined the crypto scene. But India lacked the right support and the government hasn't legalized it yet. Add to that, MT GOX crashed back then...
So it was disappointing to see that happen. Left the scene. And now I am back. :)
I have also told my friends to invest in crypto. Only one listened. Rest are scared - blame the media for they paint a dirty picture about cryptos volatile nature. :)
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Welcome! You should join the India channel on Steemit.Chat
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Wow! Didn't knew we had one.
THANK YOU SO MUCH!
JOINED! :)
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Here in Germany we tend to say the people in Asia are years ahead in terms of technology. This proves it again.
They use tomorrow's invention today!
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Yes, I think they have their eyes out for opportunity in ways that many westerners have forgotten are possible.
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In the developing world we have a phenomenon called technology leap frogging, and it leads to faster adoption of the latest technologies because you don't have entrenched incumbents.
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I expected things to take off but not quite this fast. Lets hope this trend is sustainable!
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Yup, seems like FOMO all round
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Congratulations @gavvet!
Your post was mentioned in my hit parade in the following categories:
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These are some encouraging signs. Upvoted and resteemed.
@shayne
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Thanks
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This post has been ranked within some of the most overvalued posts in the first half of May. We estimate that this post is overvalued by $711 as compared to a scenario in which every voter had an equal say.
If you are the author and would prefer not to receive these comments, simply "Stop" creating such garbage.
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Asia will lead the whole world one day !
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Perhaps
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I super love it!! Instant UV and RS! ;-D Glad that I belong in this community <3
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Excellent post, I did not even know it. Thank you now I've found out. ^_^
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thanks for putting together this data for us
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Sure thing
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Not only the traffic is growing, but also the vote profit, now I see more $200 and there is $800+ per post.
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price rise in steem does that
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I have started to learn korean on Steemit, it is really easy in many regards:
https://steemit.com/language/@thatgermandude/starting-to-learn-korean
https://steemit.com/korean/@morning/korean-language-course-for-beginners
A German saying: Entweder du gehst mit der Zeit oder du gehst mit der Zeit
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I followed u, german dude... this is from Korean dude
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Hi Korean dude! thx for the follow :D.
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I still need to practice writing and pronouncing all the signs and I dont want to post every little step. So I might take another 1 or 2 days before I post my progress.
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Sound like fun... wish I had the time for learning any new language at the moment
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About the korean writing system: A wise man can learn it overnight. A dumb man can learn it in 10 days. - Paraphrase of a quote of the creator of the korean signs.
I am more in the 10 day ballpark tho :D
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Metcalfe's law states that the value of a network is proportional to the square of the number of connected users of the system so this is very exciting.
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Agreed, we always see a correlation between user traffic and price
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After looking at this went on to Bittrex, Steem fluctuating between 52% to 29% up , where just about all the other Crypto Currencies are Down against BTC. We are definitely backing the correct horse!
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That's for sure, and the markets are starting to agree.
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That's great!
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Agreed
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interesting
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You should join the India channel on Steemit.Chat
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i am on steemit.chat
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I really like this
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great
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JUST STEEM IT! BABY
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Quoting myself
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If tagged with the relevant language tag it could occur right now but that would require user education
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Let's hope it gets created. Right now you would have to click on/type in the tags to filter and that's too much user interaction for it to work well.
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I am surprised to see Holland in the top10 since i haven't spotted that many , and we are only a small country hehe. But great news for steemit , and for everyone steeming !
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Here you go, this is all the places steemit was accessed from the last week
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Thank you !
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I'm new to Steem; is there going to be a way to automatically translate all the posts so it's way easier to share cross-lingually? (Is that even a word?) :)
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Not for a while I don't think, but some people do translate posts manually so that may be a service that could be offered
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great information!!
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Thanks
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Where do you get these data from? Do you work at steemit ?
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Nope... but I have access to Google analytics data that I run some BI on to create trend visualizations. Now that traffic is picking up I will soon be able to start doing regional and city trends when required.
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Canada 🇨🇦🇨🇦🇨🇦
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Welcome
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The 8th is Indonesia, maybe that is aceh steemian community, nice information @gavvet
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It is mostly Aceh
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Exactly
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Thank you for this important post! It helps me to better understand Stimit.
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Great
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Since everybody on youtube is talking about it and people see that it works... or they want to see "if" it works....a lot of new people (including me) are interested and trying to keeping up.
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Some already know it works...
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As a user from Malaysia, it is heartening to note explosive growth of users from Asia. This diversity will make the content at Steem more interesting.
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Agreed, along with interacting.
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Steemit can make a great difference in countries like Indonesia where a dollar goes a longer way than in North America
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That is for sure
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It is True!! After Americas and Europe, Asia is gradually picking up specifically from Indian Sub Continent.
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You got it!
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India is moving up pretty fast.
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You should join the India channel on Steemit.Chat
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Hi, may I quote this post in KR community as an Korean ?
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Sure
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from http://halfpasthuman.com/ #CliffHigh #WebBot #AI trained to make market predictions about all sorts of stuff! And it has been totally acurate so far when predicting bitcoin! Not so accurate predicting metal or commpdity or stock prices due to manipulation but predicts bitcoin REALLY accuratley!
"Get the report: http://halfpasthuman.com/ My Notes: "New Money", or Bitcoin, has been exhibiting up in experiences since 2005 ALTA forecasts give attention to WORDS and never Numbers- however when numbers are distinguished and repeatedly seem within the information units, they're rigorously examined and vetted earlier than being placed on the report..and have been usually proper of their prediction oftentimes, within the occasions that transpired after being placed on the report. China might be using the dragon that's bitcoin, and shifting to embrace is as a reserve forex that's tied intimately to each particular person citizen, that might be greater than prepared to play their half (as stakeholders) in serving to bitcoin and the well being of society. China's New Asia Initiative will probably carry 1 billion individuals to the web, in about 2 and a half years. China might be working to decriminalize how issues are ran surrounding Bitcoin within the subsequent months, and worth jumps of 20+ and 20%- of some type will happen inside the time span of every week throughout this era."
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Wow, this is very exciting! I have been to Steemit a long time ago when it was really new. I can't wait for all the world to use this awesome social media! Thank you for sharing this awesome post. I have no doubt why it has gained so many upvotes! @gavvet
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I think the stats are correct. Because, you know, i am from india, and steemit is getting hot around here. Well i am new to it. Bless me legends💐
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God I heard about this too. Though I cannot say I am surprised, steemit is one of the most convenient and welcoming platform. Its not a competitive but more like a lets all share and lets all gain from it kinda place.
Great post by the way.
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I've campaigned like crazy to have #steemfest2 here @gavvet - it's also a great region for remittance payments too. We really need to Steem into SE Asia like a wild thang! We need some cheaper local exchanges there too. So much work to do in this region. 3/10 so far!!
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Agreed, If you can't get steemfest then organise your own event like we did in South Africa. It was great!!!
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Agreed @gavvet - be just me and @meesterboom at our Scottish one!! - maybe just invite him to my house for a beer! Ha ha :)
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There is a new one in Glasgow!! Wisbeech is the name, I may have introduced him :0)
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OK dude will ferret him ooooot!
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P.S. Well done on that f- huge post yesterday! Scotland in Trending man!! :)
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Cheers mate!!!
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Amazing for the SP you have too - most of em' on there have 50K+ SP!! Well done on breaking that jerk circle man! Respect @meesterboom :)
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Lol, I'm just plugging away like us all but thank you man!
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Well probably need a language filter soon :)
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Very true, It's currently biased to English, but that needs to change for the new communities we are attracting.
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You should join the India channel on Steemit.Chat
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I'm already there
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Thanks for all the graphs. I like reading them.
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graphs are my thing...
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Interesting, interesting post, keep them coming!
This words for good day and your mood
And I want to give you a poem good word!
As arrows fly,
Days your will not regret,
Do a good deed
For the happiness of the people.
In order to heart blaze,
And was not in the mist
Do a good deed
So we living on earth!
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나는 한국인 :D 좋은 글 잘봤어요
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Wow, Indonesia is also included in the category rank 10 in steemit.
I am Acehnese community support steemian community in Aceh, because almost all steemit users from Indonesia come from Aceh it happened because of mouth to mouth talk.
I LOVE STEEMIT.
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Thank you very much @gavvet, Hopefully Indonesia continues to grow :)
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I love to read these posts and comments, it's as if you guys predicted the future of crypto! Haha
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This is a significant development and a good appreciation for the growth of steem in Asia. I really hope steem keeps improving in asia
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I'm sure it will
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