March to 10 - STEEM Daily Update - TGA Analysis (17-02-2018)
We got a new update from WEISS RATING weekly update and I am unable to provide you the pdf file of that rating. But our beloved friend @exyle discussed about the newest update of WEISS RATING in his latest article. According to @exyle's update STEEM still hold B- rating at WEISS and LISK, DECRED and EOS are the other cryptos which hold B- rating in this newest update.
But personally I doubt WEISS RATING newest update. According to my viewpoint ETH, EOS, BTS, STEEM should be there. I don't think LISK and DECRED are better than ETH either. But what WEISS RATING said about STEEM is a 100% correct. Graphene Blockchain Technology adopted STEEM is the future of all crypto currencies and social media platforms. I have no doubt about that and EOS also a good choice. But I doubt LISK and DECRED. Probably we will not see these names in the next WEISS RATING update.
If you read my last STEEM daily update, you will notice the STEEM Powerdown ratio also dropped by significantly in last couple of days. Actually it happened due to @steemit account started a huge power down in 4 weeks ago and that account Stop power down yesterday. Therefore, the liquidity amount of STEEM might be dropped and I hope STEEM price will rise in the next couple of days as well.
When we check the ALEXA ranking of the STEEMIT you can notice STEEMIT is about to reach the top 1,000 websites in the upcoming week of time. It's a plus point to all STEEMIANS and it also reveal this is the next generation social media platform as well. According to my viewpoint FaceBook and all other social medias now fear to see the growth of this wonderful platform top of the decentralized blockchain technology. According to my viewpoint STEEM blockchain is powerful than Google Inc. Because, alternatives for most of GOOGLE products can be found in this blockchain and with SMT we can see more enhanced version of app base on STEEM blcokchain as well. Therefore, the future of STEEM looks so bright.
With recent market price of STEEM and STEEM DOLLAR (SBD) we can make decent amount of STEEM as an active blogger of this platform. One other important thing is Steem Dollar (SBD) market price also increased and passed STEEM. It's a good sign and a good news for all active bloggers of this platform and I think we should not worry about a PEG at the moment. The market supply of Steem Dollar (SBD) is too low to PEG for $1.00. If it need to PEG to $1.00 it needs atleast 5-6 times of the current market supply worth SBDs.
STEEM is my best crypto choice of 2017-2018. According to my viewpoint STEEM will change the entire phase of crypto and social medias in next few years of time. Therefore, you must be hurry to collect STEEM, because this might be the last time that we can buy STEEM in this lower price level. I am going to tell you WHY? (Thanks for @mexbit to highlight those fields).
Original Image Source
Graphene Blockchain Technology early adopted STEEM blockchain is one of the fastest blockchain in the current world. Let's check the daily statistics of the STEEM blockchain now.
I wish no one will drain the reward pool too much. This daily reward pool is for all of us. Not only for few big players of the platform.
Sources: Steem, Steem Dollar
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STEEMIT made it's entry to top 1,100 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.
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Audience Geography
Here what I have found today from BLOCKTIVITY. As I told you before, Graphene Technology powered STEEM has proven that it has the capacity to do more scalability than Ethereum and BitCoin networks.
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STEEM got two big news in 2018.
Graphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source
But personally I doubt WEISS RATING newest update. According to my viewpoint ETH, EOS, BTS, STEEM should be there. I don't think LISK and DECRED are better than ETH either. But what WEISS RATING said about STEEM is a 100% correct. Graphene Blockchain Technology adopted STEEM is the future of all crypto currencies and social media platforms. I have no doubt about that and EOS also a good choice. But I doubt LISK and DECRED. Probably we will not see these names in the next WEISS RATING update.
If you read my last STEEM daily update, you will notice the STEEM Powerdown ratio also dropped by significantly in last couple of days. Actually it happened due to @steemit account started a huge power down in 4 weeks ago and that account Stop power down yesterday. Therefore, the liquidity amount of STEEM might be dropped and I hope STEEM price will rise in the next couple of days as well.
When we check the ALEXA ranking of the STEEMIT you can notice STEEMIT is about to reach the top 1,000 websites in the upcoming week of time. It's a plus point to all STEEMIANS and it also reveal this is the next generation social media platform as well. According to my viewpoint FaceBook and all other social medias now fear to see the growth of this wonderful platform top of the decentralized blockchain technology. According to my viewpoint STEEM blockchain is powerful than Google Inc. Because, alternatives for most of GOOGLE products can be found in this blockchain and with SMT we can see more enhanced version of app base on STEEM blcokchain as well. Therefore, the future of STEEM looks so bright.
With recent market price of STEEM and STEEM DOLLAR (SBD) we can make decent amount of STEEM as an active blogger of this platform. One other important thing is Steem Dollar (SBD) market price also increased and passed STEEM. It's a good sign and a good news for all active bloggers of this platform and I think we should not worry about a PEG at the moment. The market supply of Steem Dollar (SBD) is too low to PEG for $1.00. If it need to PEG to $1.00 it needs atleast 5-6 times of the current market supply worth SBDs.
STEEM is my best crypto choice of 2017-2018. According to my viewpoint STEEM will change the entire phase of crypto and social medias in next few years of time. Therefore, you must be hurry to collect STEEM, because this might be the last time that we can buy STEEM in this lower price level. I am going to tell you WHY? (Thanks for @mexbit to highlight those fields).
- STEEM is not only a Social Media based blockchain, it's a business blockchain.
- DTube built as a replacement of YouTube.
- Ustream replacement called as DLive.
- DSound is the replacement of SoundCloud.
- StackOverFlow will be replaced by PeerQuery.
- SMT will be the replacement of ERC20/Ether.
- STEEMIT is the replacement of Reddit / FaceBook.
- Twitter replacement is Zappl.
Original Image Source
Graphene Blockchain Technology early adopted STEEM blockchain is one of the fastest blockchain in the current world. Let's check the daily statistics of the STEEM blockchain now.
Current Reward Pool Statistics of STEEM
Head Block Number: 19,948,772
Current Inflation Rate: 8.98204912
Current Virtual Supply: 266,361,373.466 STEEM
Every Block Produce: 1.706957006 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,160.36178375
I wish no one will drain the reward pool too much. This daily reward pool is for all of us. Not only for few big players of the platform.
Current STEEM and SBD Market Analysis
STEEM Market Price: $4.58
Market Capital: 1,141,436,647 USD
Circulating Supply: 249,386,418
Market Capital Wise Rank: 27
STEEM DOLLAR Market Price: $5.65
Market Capital: 51,023,502 USD
Circulating Supply: 9,036,066
Market Capital Wise Rank: 232
Sources: Steem, Steem Dollar
Top Power Up Statistics in Last 7 Days
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Top Power Down Statistics in Last 7 Days
Liquid STEEM: 78,832,022
Current Supply: 264,209,659 STEEM
Pending Power Downs (Total powering down in the next week): 1,095,216 STEEM
Completed Power Downs (Total powered down in the last week): 6,310,557 STEEM
Difference (% Change): -82.64%
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What Alexa Traffic Statistics Says
STEEMIT made it's entry to top 1,100 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.
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| Country | Percent of Visitors | Rank in Country |
|---|---|---|
| United States | 29.4% | 755 |
| South Korea | 10.5% | 212 |
| United Kingdom | 5.5% | 553 |
| Germany | 4.7% | 887 |
| Japan | 3.9% | 2,131 |
What Blocktivity Says Today
Here what I have found today from BLOCKTIVITY. As I told you before, Graphene Technology powered STEEM has proven that it has the capacity to do more scalability than Ethereum and BitCoin networks.
STEEM: 1,663,030 Transaction & Consumed 0.14% Network Capacity
ETHEREUM: 731,305 Transaction & Consumed 56.43% Network Capacity
BITSHARES: 484,410 Transaction & Consumed 0.04% Network Capacity
BITCOIN: 183,497 Transaction & Consumed 38.61% Network Capacity
GOLOS: 92,195 Transaction & Consumed 0.01% Network Capacity
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What Are The Most Active Blockchains?
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Marketcap of Most Active Blockchains
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Crypto Currency Market Capital Changes of Last Couple of Months Time
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The Speed of STEEM Blockchain by Animations
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Main Events of STEEM Blockchain in 2018
STEEM got two big news in 2018.
- STEEM Media Token (SMT) - A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology. You can read more here
- HardFork 0.20.0 (HF20) - You can read about Hardfork 0.20.0 "Velocity" here
Time to few questions
- Do you have any opinion to improve the efficient of this article? If yes, please write in point form.
- What do you think about STEEM Reward Pool? Do we need to utilize it effectively?
- Where STEEM will go next? Or it will remain at current market price?
- What do you think about Smart Media Token? Do you think it will bring STEEM to the Moon?
References
Smart Media Token - SourceGraphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source
Nice post friend i like your post @theguruasia
good one :)
your post always helped me alot of new thing learning to steemit.i have new joined to steemit few days ago.steem daily update really very important of every steemins.this matter should be knowing of all steemions friend.thank u very much for ur good thought. @theguruasia
I can't send a message every day at rush hour. STEEM is far from competing with YouTube or Twitter.
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