12 Days of Power Up Beating Power Down (What is going on?)
On Friday I posted that I noticed a possible trend taking place. So far it has continued throughout the weekend. We are now seeing 12 days consecutively in which power up has exceeded power down.
I've been recording this data daily for over a year and a half and this is a rare sight.
In the graph below, the amount of Liquid STEEM has been going down for a week. This means that STEEM is being purchased and powered up FASTER than it can be generated. So far this is 7 days in a row that this has occurred.
Is this a sign of future prosperity?
Is this just a random event?
What do you predict over the next day?
Let me know in the comments if you think that this trend will continue or why you think there has been powering up taking place.
I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.
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For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-keys
For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read
How to improve STEEM payment system:
This post has been included in the latest edition of The Steem News - a compilation of the key news stories on the Steem blockchain.
Thank you @pennsif.
i always seen you as a trusted source so im sure you're not messing with the numbers but after 12 days one would expect the price to say not "2cents less than before apocalypse 21" but 0.5 cents more or something ... there is something behind the screens somewhere they are not showing to the peasants and the plebs .. its been like that for a while , the price always stopped right under the printout of sbd, it can all be a coincidence but since they REFUSE to remove the hyperinflation for a system that doesn't need repairs in that section removing the print of SBD by downing the price is one way to 'fight' inflation .. although that's a patch ... just like apocalypse 21 is a patch but if their propaganda works and it bring more money IN than goes out that is all just fine with me lol ...
seeing is believing though, thanks for the statistic !!!
That's pretty awesome.. I powered up 1000 STEEM earlier this morning
Excellent!
That is pretty exciting! I hope it continues!
Me too. As of today (Tuesday), it is still going. Come tomorrow if it is still happening, I will post updated charts. Check back on Wednesday to see If I posted.
I'll be watching!
That's really cool to see. Thanks for keeping up with the stats!!!