DAILY STEEM REPORT NOVEMBER, 2NDsteemCreated with Sketch.

in steemit •  8 years ago  (edited)


Today we have 2934 active users left, thats 2,69% of all user accounts, new record....


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Cleanup Aisle 9 ...huge sponge required to soak up all this liquid STEEM leaking over the floor

hahaha, yeah and do it fast :)

It would be good to see some of that Steem spent on publicity, but I do wonder if the team are waiting until they are happy to take Steemit out of beta. We are seeing some new developments. A better editor and notifications will make it usable for more people.

where are we seeing?

I'm not sure. I expect some people have decided it's not worth their time to be here with the price that low. I'm here for the longer term

I guess we need a bit more then just these developments. But yeah at least.... Credit card acceptance would be a gamechanger!

Or even Paypal. Some people are just not into cryptocurrencies, but if they could easily get Steem in and out then they might be interested.

PayPal would work.

Not with their policy on virtual goods.
How are you going to prevent payment drawbacks after the transaction is done?

dunno.

2934 active users left? What qualifies as "active"? Logging in at least once every 24hours? Publishing once every 24h?

posting, comments, voting

bots included?

Yes, half of it is probably @cheetah and the board nazi bots.
This has evolved into one of the most censored boards on the internet.
FUBAR

Good info elyaque

A bit scary

I've been following these reports daily for more than a week now and there are a few things I would like to understand:

  • What is the difference between Steem supply (216.7 M) and Liquid Steem (14.420 M) ?
  • What does SBD stability (6,25 %) means in regards to the SBD supply (1.861 M) ?
  • What is the price ($ 51.60) of 1M Vests about?
  ·  8 years ago (edited)

1: Liquid Steem is the tradable Steem which is on the Market, the rest is in Steempower.

2:Steem Dollar Stability

Added functionality to aid in the stability of Steem Dollars. Starting when Steem Dollars are 2% of the market cap, a portional of content rewards will be awarded as Steem instead of Steem Dollars. The rate at which Steem Dollars are printed is 50% of the reward at 2% or less market cap and 0% at 5% or more market cap, linearly extrapolated from 2%-5% market cap. So, at 3.5% market cap content rewards will be 25% Steem Dollars, 25% Steem, and 50% Steem Power.

When Steem Dollars reach 10% of the market cap, the price feed will jump off the peg to keep Steem Dollars at 10% of the market cap and will return to the peg when the reported price feed goes below 10%. Witnesses should still report the real dollar value of Steem for their price feed. The median price feed is automatically capped regardless of what witnesses report.

3: Vest is your Voting Power. Up to 10 M Vest is Minnow for example. 10M to 100M is Dolphin. 100M plus is Orca. 1000 M plus is Whale. So if you would by now Steem for 516$ you would be instant become a Dolphin.

Thanks for the enlightening answer!

I just check on steemdb.com and my Vests are at 1.02 MV while my Estimated Account Value (7 days) is at $63.11 on steemit.com.

1.02 times $51.60 = $57.22 which is short of $63.11. Does it mean the $6.508 that I own in SBD does not count as Vests? (63.11-57.22=5.89 which is close to 6.508)

The problem is that if you buy it today for example and pay 50$ for 1 MV , it could be in a week your account is worth only 40$, but you still have 1MV. Vest you only can buy o earn with writing articles. SP for example you get everyday by interest.

Ok, so if I understand correctly, it would basically mean that Vests is a thing on its own and that you can only earn it through author rewards and by buying Steem. Gotcha. :-)

Yes!

Thanks for the report.
I was wondering, as it is still mostly a blogging platform, wouldn't adding activity over 7 days give a more accurate number for active users? Not every active user squeezes out a blog a day, and some only curate and comment around the time they post their own blog, or not at all.

here is the weekly one :)

ocrdu I just posted some 7 day charts if you're interested in seeing a 7 day user chart and steem price comparison
https://steemit.com/steemit/@me-tarzan/7wgs8b-active-last-7-days-steem-price-comparison-steemit-news-flash

appreciate this report! thx

you are welcome

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Well I am glad, that I make up like 50 users, since I am super active nowadays. I feel like I am addicted to Steemit. Your work is also very very useful, keep it up!