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I am getting concerned that all of these new accounts will get pushed aside by the tide and never get the chance to swim in the great big ocean. We need a way to distribute the rewards a little better to those who are small and growing to build steemit further in the coming months and years.

Iol, I love the idea of the steem nissan :)

This post received a 5.0% upvote from @randowhale thanks to @steemian69! For more information, click here!

Thanks for the daily update. That Nissan Leaf remind how to promote steemit.
I did read the story.
Unbelievable!!
Keep on steemit!!

I saw @demotruk post. That is cool!

Thanks for post @elyaque
we welcome all 1990 new steemer's on board.
saw @demotruk's post as well . The steemit logo looks amazing on that car.
All the best .keep sharing these kinda amazing stuff :) :)

Maybe some day I'll buy an electric car with Steem. I've bought other stuff with my Bitwala card.

So the Bitwala Card is ok then?

So far it's been mostly okay. One site (Giffgaff phones) didn't want to take it (reasons unknown), but I've used it on Amazon, Paypal and in various shops. Their charges seem reasonable to me. It's cool to spend what I have earned here

Great info dear thanks to share.

I am wating for steem dollar to rise un and power up steem

Sounds Good!

Wow. We are doing better and better :)
Thanks :)

I do love the color Green 🤑

its really good report for daily its ur good work sir

nice work to share ur report with us daily @elyaque sir for all green today hope for ur best always..have a good day sir

All GREEN and almost 2000 new accounts! Good stuff!

Thanks @elyaque sir for share this useful information with us, this post shows how popular steemit is all over the world.

Thanks @elyaque Sir, Steemit is growing fast day by day its really nice and @demotruk post also really cool.

The transactions per day record was also beaten yet again. Reward pool continues to fill nicely (though slowly).

Just added TX/24H to the Report :)

Thanks for the information

Great Growth on steemit loving it

Altcoin back in game today 🐣

its a green day of the week :D

Love the New Accounts number :)

1990 new accounts wow :O

all green is good i love then all is green and increasing :) my day started good :d

Good work and nice seeing that Steemit continues to get more attention and members. Love the cool car!

Thanks, dude.

Nice post sir

good job sir ur report is daily best from all of us really ur best

That car looks really cool

steem down a bit

woww .. welcome to the future..
thanks for the update man

Yeah, steam is growing faster. ;)

congrats for this nice daioy report hope u more good in steemit from this

Thanks for updating :) cool stat's and is that a steem car :D

Good job! Thanks :)

I've been looking for this kind of report everywhere! Thank you so much @elyaque and I'll be sure to follow yourself. Thanks for sharing.

Thanks for daily update.it's very good.

WoW up to 2k new accounts, steem is growing thick and fast.

All green - it's very good!

Green became my favorite color! Thanks!

Steem is growing day by day.Good work.Thank you.

That Steem price stuck at that $1.30 for so long :/

I'm part of those 1990! Thanks Steem Team!

I like you're post.
This is my https://steemit.com/@ripon
Please keep follow & upvote me.
Thanks...

Fuck me that Nissan Leaf with the steemit logo makes me so horny. lol
Great to see everything is green at the moment.
Rewards pool still filling up which is great

Great , Steemit is more thann social network , its a way of life
thank you for the update

atm is is going red but tommorow or the day after we'll see big rises again :)

Green is good and so is steady refill of rewards pool! It's not all about speed, better to have firm base that is increasing.

Great information my friend!

Thanks for sharing :D

Thank you for your daily updates.

That's great info!
Up and follow :)

232/1000 is powering down, on http://steemdown.com total value of 1.7 million dollar is being powered down. However that is based on: 56/200

What is the total value of steem powering down right now?

Is it possible to figure out at what level of power down the price of steem becomes negaitvely affected versus the buying power steem has?

If so, should we not stop people from allowing to powerdown.
Or increase 13 weeks to give steem a better chance.
Powering down imo should have a minimal effect on price of steem as people that power down don,t want steem to plummet.
But there are no safegaurds right now which troubles me.

Anyone has ideas/ counterarguments?

It is even necessary that the big boys are powering down, like this we will have a better distribution...

  ·  7 years ago (edited)

I totally agree, but I think that the system probably can only handle so much liquid steem coming in in 13 weeks.
Some of that liquid steem will be sold off when it comes on the market and that will decide the price of Steem versus the buying interest during those 13 weeks.
When we have a couple of months of increased power downs versus let's take the moet positive case same amount of buy interest the price will drop.
When the buy interest is lower then normal, the price will drop harder.
We don't know where that limit is right now as to how much the current system can handle.
It depends on the health of the economy. Yet we are putting our eggs in 1 basket (13 weeks)
That will hopefully do the trick, well I would love to believe that 13 weeks is ok, but right now the system is pretty stable at current amount of power down. So maybe I am wrong but how will the price of steem look like if now 2x as much steem power is being powered down. Do you think the price will drop? How bout 3/4 times?
Where is the limit before it collapses on itself.

Now does steemit has a better chance to survive if the 13 weeks becomes variable based on the health of the system, I would say yes.
So who came up with 13 weeks what were the major reasons and how do we know there is a safegaurd against too many power downs happening.

The thing that bothers me is that power downs should have aminimum influence on the price of steem because otherwise we never know what will happen to price of steem. To many variables. So reducing 1 variable ie. changing the time it takes dependant on health of the market makes sense for everyone.

Maybe I am missing something please let me know so I can safely buy more steem 😄

Tnx for the update!

Go Steem! Cool car!

This post received a 3.6% upvote from @randowhale thanks to @elyaque! For more information, click here!

wow^^

Upvoted!!

Thanks for the update :)

seeing this in my feed again.. yay!

New here to steem. sent you a follow for the great post.
Thanks!!

Thank you very much for the update :-)
So cool the Steemit Nissan :-) Resteemed :-)