STEEM DAILY DATA !!!!!!!!!!!!!!! 8 / 17 / 2016

DATE : 8 / 17 / 2016 STEEM not invested in SteemPower rose again today by 17468 .

Study closely the spreadsheet and charts below. I will try to update 6 days a week.

GLOSSARY OF SPREADSHEET TERMINOLOGY :

Current_Supply = ...Current supply of STEEM

Total_Vesting_Fund_ Steem =... Total STEEM invested in SteemPower

Total_Vesting_Fund_ STEEM AS % of CURRENT SUPPLY =... Total STEEM invested in SteemPower as a % of total steem

Column C-D STEEM NOT INVESTED IN STEEM POWER =... Total number of steem not invested in SteemPower

NUMBER of STEEM not invested in SteemPower daily increase or decrease =... The daily increase or daily decrease of steem not invested in SteemPower

STEEM PRICE BTC - STEEM =... Price of steem to btc on Bittrex

STEEM PRICE $$$$ - STEEM = Price of steem in $ dollars on Bittrex

SBD PRICE $$$$ - SBD = Price of sbd in $ dollars on Bittrex

The total number of STEEM not invested in SteemPower rose again today from 5,284,213 yesterday to 5,301,681 today . That's an increase today of 17,468 STEEM not invested in SteemPower .

It is my understanding that approximately 800 STEEM are mined every minute that is 48000 STEEM per hour and 1,152,000 new STEEM per day.

This next information is taken from the whitepaper : After the first month, Steem miners are paid in Steem Power (SP). SP is liquidated through the two-year process of “powering down.” This means that miners must wait for a long time, likely many months, before sufficient mining rewards have been powered down to allow
them to recover the cost of electricity and computational resources.

We all can assume that the miners after receiving their SP payment will power down most of their payment to cover costs . By doing this they will be getting some income every week. Let's say every week the miners power down . Here's an example : A miner mines 104 STEEM a week he then powers it down ; That means he will receive 1 STEEM every week for 104 weeks. Another week goes by he mines another 104 STEEM he then powers it down. Now he is receiving 2 STEEM a week and so on. After he has mined 104 weeks he is receiving 104 STEEM every week from powering down every week assuming he continues to mine.

My point is SP from mining being powered down should reach a plateau at some future point in time . What that means theoretically is when the plateau is reached, it should help lower the daily increase of STEEM that is not invested in SteemPower.

In the chart below you can see the STEEM price as the red line and the total number of STEEM not invested in SteemPower as the blue column.

CHART # 1

In the chart below you can see the STEEM price as the red line and the daily increase or decrease of STEEM not invested in SteemPower as the blue column.

Let's have a look at https://steemd.com/@steemit (the company)
They have :
235,592M Vests
A vest is equal to $419.36
235,592M Vests X $419.36 = $98,797,861.12 divided by price of STEEM $1.52 = 64,998,593 STEEM

These are coins which Steemit (the company) has indicated are to be used to fund new accounts (currently 3 STEEM per account is being given away by Steemit) and sold to fund development.

I know you're thinking sold to fund development . What does that mean ? I would assume that means STEEM sent to the exchanges to be sold to speculators or purchased by STEEMIT members wanting to power up.

Notice the two large blue column spikes : This is Steemit (the company) powering down in order to get STEEM to fund new accounts and sell to fund development. I would assume this will be a weekly occurrence.

CHART # 2

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