USERS DEPOSITING..... USERS WITHDRAWING..........STEEMIT NEWS FLASH
11/ 11 / 2016 - 10:45 AM EST STEEMIT NEWS FLASH :
# OF USERS DEPOSITING TO STEEMIT ( GREEN LINE chart # 1 )
# OF USERS WITHDRAWING FROM STEEMIT ( RED LINE chart # 1 )
The lines represent daily users depositing and withdrawing . The numbers on the chart are just high and low points and also represent daily user RED WITHDRAW or daily user GREEN DEPOSIT .
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As you know if you follow me I like applying data to charts to see a clearer view of what is happening .
This data is compiled from @xiaohui
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NOTE No data available for 10/14/2016 through 10/28/2016
CHART # 1
GREEN LINE = # OF USERS DEPOSITING TO STEEMIT
RED LINE = # OF USERS WITHDRAWING FROM STEEMIT
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$$$ VALUE DEPOSITS To STEEMIT ( GREEN LINE chart # 2 )
$$$ VALUE WITHDRAWALS FROM STEEMIT ( RED LINE chart # 2 )
The lines represent daily deposits and withdraws . The numbers on the chart are just high and low points and also represent a daily RED WITHDRAW or a daily GREEN DEPOSIT .
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SUMMARY
The # OF USERS WITHDRAWING FROM STEEMIT is currently 3:1 compared to the # OF USERS DEPOSITING TO STEEMIT .
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The $$$ VALUE BEING WITHDRAWN is still more than $$$ VALUE BEING DEPOSITED .
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To try to help with the Liquid Steem problem this post is being paid with 100% STEEM POWER ! ! ! ! !
I got this 100% POWER UP logo from @stephen.king989
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Thanks. Does not come as much of a surprise.
See your wallet's value dwindle from day to day and you will power down when given the opportunity. I do not. Threw some few dollars in - and here they will stay. Something about an account generated by another account. Ooops. No powering down, i.e. currency control.
Not a good start for a great friendship.
But the point that currently makes steemit less attractive to me is a lack of high quality input while some mediocre statements get an amazing amount of money. Do not get me wrong - I am happy to see people make a lot of cash. But this whale-thing is a little out of proportion. As the figures show.
Steemit may actually become a victim to it's own financial attraction.
I used to write a lot of articles for some other plattforms. For no money at all. But the mindset is different here. Too much cash-focus and while whales do not need much effort for a good return, newbies do not seem to be terribly inspired to invest much time here. This is closely related with input problems I guess. I can not be bothered to do a lot of HTML-formatting or get myself an editor for that. Uploading pics is a similar problem.
All in all, people are in it for the cash. And for the same reason, they check the development of their wallet's value, i.e. inflation rates. When they are soaring, you do not put money in, you withdraw it. Which part have I overlooked?
Hello ben.karlin I think one change that should be made is a cap put on an article reward , say $50 then the rewards can be spread out more . I say this because if you look you will see the same people reaping very large rewards . One reason for this is because as a curator you up-vote the same people that you know will get a large payout in hopes of getting some scrapes . just a thought and thanks for your input
Thanks for the report. The system is still leaking value, that's for sure, but at some point it'll equilibrate. Not yet, though...
LOL, Monero is going off at the right time for me. I have some sitting in Poloniex loans too @ .0854%, hope it doesn't take before the two days is up :)