$STEEM/BTC Technical Analysis (STEEM info) - LIQUID STEEM FORMULA - How to calculate liquid STEEM

in steem •  3 years ago  (edited)

STEEM has been gaining volume on Poloniex over the past few days. We will soon have the ability to upload video through IPFS to steemit.com (see road map here: https://steem.io/roadmap/ipfs/) We have been in consolidation after an aggressive uptrend. We have had some great news over the past week and its great to see the Steem Community continue to grow. I want to give insight to anyone considering making an investment in STEEM. This will give you a basic formula you can use to calculate the number of liquid STEEM at any given time. It would be great if someone can get a website up and running using this formula specifically so we can track it at all times live.

FORMULA TO CALCULATE LIQUID STEEM:

Go to steemd.com

Look at the values for : current_supply, total_reward_fund_steem and total_vesting_fund_steem

FORMULA: current_supply - total_reward_fund_steem - total_vesting_fund_steem = liquid steems

Calculate percentage supply available: liquid steems / current_supply * 100 = liquid steems %

Once a whale understands the value in powering up I expect the STEEM price to continue to rise. STEEM will be a valuable token in the future if this platform continues to thrive. Right now, as I'm writing this, there are 5,228,650.259 liquid steems which is 3.9% of all STEEM available across all exchanges today.

Reference: https://steemit.com/steem/@samupaha/why-steem-price-is-rocketing-but-volume-is-low

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