RE: SBD Transfers To Exchange Services - Analyze

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SBD Transfers To Exchange Services - Analyze

in utopian-io •  7 years ago 

Your contribution cannot be approved because it is not as informative as other contributions. See the Utopian Rules. Contributions need to be informative and descriptive in order to help readers and developers understand them.

Dear @thornaci,
your contribution shows the sums of SBD transfers to and from 3 exchanges in the course of one week. It is a visualization of the state for that week, but there's not really an analysis. How did the situation evolve over the past months and which conclusions can be drawn? What about STEEM? Are transfers correlated to the market prices?

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Thank your for your comments. The next post will include more details. I did not talk about STEEM. Because post rewards come as SP and SBD. I checked many accounts wallets, specially Utopian society, most of them do not have and transfer STEEM. So i decided to focus to SBD transfers.

there's actually more STEEM than SBD moved to and from exchanges:
https://steemit.com/steemit/@penguinpablo/weekly-steem-stats-report-monday-february-26-2018

  ·  7 years ago (edited)

Yes you right. STEEM at 28. and SBD at 240. on coinmarket. People invest, power down/up or do many things with STEEM. But they use SBD mostly to claim rewards and then transfer to exchange services. I thought that SBD and post rewards have closer relation. That's why i focused to SBD transfers.

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