Comparing the daily number of posts and the price of Steem

in steem •  7 years ago 

I've made a comparison between the daily number of Steem posts and the price of Steem. The green line in the chart below shows the price. A perfect correlation!
The more people use Steem, the higher the price. It's that simple! :)

Daily Steem Stats Report - June 02, 2017

All data is coming directly from the Steem blockchain and is based on UTC time.

1. Daily number of Posts (including comments)

DatePosts
2017-06-0137,516
2017-05-3136,212
2017-05-3036,769
2017-05-2935,060
2017-05-2833,870
2017-05-2734,369
2017-05-2636,759

2. Daily number of votes

DateVotes
2017-06-01130,689
2017-05-31128,553
2017-05-30133,387
2017-05-29137,915
2017-05-28131,736
2017-05-27133,540
2017-05-26141,568

3. Posts + Comments per post

DateAverage # comments
2017-06-014.04
2017-05-313.77
2017-05-303.69
2017-05-293.46
2017-05-283.61
2017-05-273.18
2017-05-263.19

4. New accounts created

DateNew Accounts
2017-06-01109
2017-05-3192
2017-05-30120
2017-05-29107
2017-05-2899
2017-05-27125
2017-05-261,172

5. Daily Amount of SBD converted to Steem

DateAmount in SBD
2017-06-01892.401 SBD
2017-05-31977.001 SBD
2017-05-301,091.856 SBD
2017-05-29493.542 SBD
2017-05-28899.022 SBD
2017-05-27731.523 SBD
2017-05-262,118.333 SBD

6. Daily Amount of Steem Powered UP

DateSteem
2017-06-0158,100.920 STEEM
2017-05-31145,675.192 STEEM
2017-05-30218,646.799 STEEM
2017-05-29243,388.235 STEEM
2017-05-28163,623.853 STEEM
2017-05-27170,206.509 STEEM
2017-05-26588,984.821 STEEM

7. Daily Steem & SBD Transfers

DateSteemSBD
2017-06-01505,803.271 STEEM58,125.821 SBD
2017-05-311,011,214.357 STEEM35,706.919 SBD
2017-05-30748,464.742 STEEM17,683.909 SBD
2017-05-29551,244.600 STEEM16,647.528 SBD
2017-05-28479,130.480 STEEM23,294.624 SBD
2017-05-27697,728.370 STEEM26,012.395 SBD
2017-05-261,164,425.303 STEEM21,616.536 SBD

8. Steem Price Update



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That is a really interesting correlation! Once again this goes to prove that bringing new people here that contribute helps the price of Steem a lot!

Thanks penguinpablo. Simple... the more of us that get onto steem the higher the price will go. Although i'm just new here, it feels like its still early days in comparison with other more established social media sites.

Yeah, Steemit still has a huge growth potential, and will probably rise steady for several years to come :) So don't worry if you feel like you got here late; it just feels late, but I think we are still in the early days of this network.

Love the charts.

I can't wait for the explosion of new users (after beta?) and Steemit procuring the best content on the web!

Great info, there really seems to be a correlation between price and number of posts. Get posting Guys!! :D
Upvoted and followed

  ·  7 years ago (edited)

The 26th May stands out would this be a big youtube channel joining with followers ?

meep

And with a more equal distribution of Steem, the more people will use it.

The number of posts and the price of steem are going hand-in-hand

Thanks for these great stats

Great overview of what is actually happening when poisting and voting on Steemit in correlation with the Steem price. So it looks clear that with more interactions on Steemit everyone benefits from this.

This is an empirical confirm of the theory in this great piece of @arthuradamson about a parallelism between Steemit and the Roman Empire :-)

wow... crazy how the price matches the posting activity! Good addition to the report @penguinpablo!

thanks for continuously putting these up!

This post has been ranked within the top 50 most undervalued posts in the first half of Jun 02. We estimate that this post is undervalued by $18.15 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jun 02 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

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good job, Thanks, interesting post