Powerdown Statistics #4 - February 4th - February 17th
Every two weeks or so I like to compare the current power down statistics and see how we stand.
Here they are:
4 February 2019
| STEEM | Amount |
|---|---|
| STEEMPOWER | 198,7 million |
| LIQUID STEEM | 99,4 million |
| SBD | 10,4 million |
17 February 2019
| STEEM | Amount |
|---|---|
| STEEMPOWER | 200,3 million (+1,6 million) |
| LIQUID STEEM | 99,9 million (+0,5 million) |
| SBD | 10 Million (-0.4 million) |
As promised Steemit Inc. stopped their 100% powerdown a while back. It's now back to the normal rate.
It shows in the numbers. After a couple of awful weeks, things are looking a little better but not by much.
Even though Steempower has grown with 1.6 million it's largely due to 1 user called @ben who powered up 2 million. Without that we would be looking at another -2.4 million SP loss for these last two weeks.
Positive powerup numbers are at their best (for me) when they are spread out over many many many accounts.
SBD to STEEM conversion is no longer at an optimum. So I expect less of this if STEEM can maintain a price above 30 cents.
Besides these numbers my bullish feeling for STEEM is growing in the fundamentals.
Hivemind done, RocksDB nearing completion, SMT's back on the table for 2019, Steemit Inc. more focused, advertisement on steemit.com, onboarding ramps with FIAT, New games on the Blockchain, Steem Alliance, Steem Business Alliance, Steem.DAO discussion, Keychain, Steem-engine, Stratos, more Dapps then ever, Great numbers on stateofthedapps, community never left and kept building besides downtrend in 2018 etc etc..
There is a lot to be happy about besides numbers :)
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I'm trying to reach out to you big guys about this unfolding tragedy of steem. I hope you can have some pull in this situation or give me any advice @exyle.
https://steemit.com/dtube/@theycallmedan/qlbobl76#@theycallmedan/re-fulltimegeek-re-theycallmedan-qlbobl76-20190216t225515398z
Yes fundamentals are looking good as more projects continue to develop!
Yes, It's all coming together nicely!
@exyle, you have no idea how much I appreciate your work here in this community! The developments are happening at lightning speed. It is impossible for the layman (i.e. me) to stay on top of all this. Your daily distilled posts on all the main developments explained in normal English is so valuable to all of us!
Just wanted to let you know! :)
Enjoy this lovely weather we have!
Oh and I forgot, not to mention all the work you're doing with blockbrothers and steemify. Am I missing anything else? ^^
Thank you so much for saying that man, means a lot!
Welcome :)
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I've been following the @ben user since you first mentioned him. Truly a mystery :-) I did think something had happened to him when he powered down and never touched the steem. Nice to see he's ok and moving funds again
This is all very exciting. Plus the price of STEEM is up a little bit, so that is also great news. Any info on this @ben user and what the story might be there?
Still lots of liquid Steem out there so the challenge remains until it comes back into the ecosystem and is staked. Will be interesting to see what happens as this crypto markets improves in general.
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Mark @exyle I am just Grateful I Won a Battle against you this morning on Steemmonsters.......
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
I guess the @ben account belongs to steemit inc?
So far things seem to be getting better but i think a lot of people may be getting anxious because crypto still hasnt entered a bull market.
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The bull run is not the ultimate quest for steem to shine.
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Its not but the powerdown statistics dont look so good. That reason could explain it. Im not sure though
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I believe many people are tired of the low payout, bit bots, sucky curation trail, wealthy curator on autopilot, drama and more.
In my case, I keep going. :)
It is a lot 500000 new steem on the free market in less than two week.
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