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RE: DAILY STEEM REPORT JULY, 11TH ★ STEEM 1.18$ + 849 New Accounts

in #steemit7 years ago

All can I see is red blood here !
The chart is like bleeding but I want to see green over there soon ! And The number of new accounts are also decreasing now !
Don't know what happened to this industry!?
Worried
Thank You for sharing @elyaque

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I would say the number of new accounts doesn't reflect the amount of people signing up for Steemit. I have two friends, which have signed up over a week ago and are still in the waiting line. It's probably more to do with Steemit's decision on how many new they let on the platform each day.

The ever increasing numbers of daily unique visitors which you can see in this report also indicates that the platform is gaining in popularity.

Agreed, the sign up process is still slow. I know someone waiting almost 2 weeks.

There is a waiting list, thats true, the signup Process will be solved with HF20.

New number of accounts can be anything, and those numbers are pretty volatile anyway. I'm guessing the verification process has slowed a bit down again, and we'll see higher numbers again in 2-3 days from now.

Guess a lot have to do with the BTC Hard Fork, people are scared that the same happen to BTC as it did to ETH last year ( ETH/ETC) so if a lot of them go back to FIAT and wait until the Hardfork is done, markets go down....

except that BTC has dropped a lot less than many alts. I'm sure there is some fear here but it doesn't explain the larger overall drops.

I think that's probably because BTC is considered to be the closest thing to a gold standard or blue chip company for crypto. There are probably more people willing to hold that compared to the alts.

That is a valid fear about BTC fork - I suspect the recent downward movement is a clear reflection of this

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