9 / 24 / 2016 - 8:49 AM STEEMIT NEWS FLASH : STEEM not invested in SteemPower henceforth referred to as : LIQUID STEEM
Liquid Steem largest one day decline since I have been keeping records on Liquid Steem .
The total Liquid Steem numbers fell yesterday by ( 841,854 ) . As great as that number was it is less than half of today's number . The total Liquid Steem numbers fell today by ( 1,754,003 )
A new record one day decrease in Liquid Steem per my records . ( see chart # 1 )
CHART # 1
LIQUID STEEM INCREASE / DECREASE PER DAY
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Also this is the first time we have seen 3 days in a row of Liquid Steem decline since 8 / 15 / 2016 .
What this means in theory is : Liquid Steem numbers down = Steem Prices UP
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Per my compiled data from steemd.com steemins have been powering up . This powering up process has reduced the number of liquid Steem over the last 3 days by (2,663,895 )
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Per my compiled data from steemd.com steemins have been powering up . This powering up process has reduced the number of liquid Steem over the last 3 days by (2,663,895 )
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wow!!! OMG
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Where did you get that data?
Do you mind explaining further in a reply here?
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Hello cardiff I compile my data for this at steemd.com everyday . I try to do it around the same time each day . I put it on a spreadsheet I have put formulas in the spreadsheet to calculate several numbers I'm watching . I do a weekly data report with much more detail you can view my latest report here .
https://steemit.com/steemit/@me-tarzan/9-22-2016-steemit-weekly-data-report-9-22-2016
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Very awesome news! I definitely hope this trend continues.
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Hopefully this continues .
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Is it just one person powering up big?
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steempowerwhale I do not have data for who is powering up . I wish I had a complete detail of it . But I did come across this @xiaohui he has some very good data you should check out his posts .
https://steemit.com/stats/@xiaohui/steem-exchange-transfer-daily-report-by-xiaohui-20160924
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I would say this that the fact that more of the rewards are being paid in steem power instead of steem, is a contributing factor to there being less liquid steem....
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Great piece and thanks for sharing. Up-voted, following & looking forward to reading more of your posts. You may find this interesting. I posted a piece earlier about the potential valuation of Steemit that you and your followers may find interesting. If you get a minute have a read. It has certainly got my Twitter followers thinking!!
“STEEMIT is no ordinary Social Media site, it’s pure GOLD..!!”
https://steemit.com/steemit/@stephenkendal/steemit-is-no-ordinary-social-media-site-it-s-pure-gold
Cheers.
Stephen
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