STEEM FOR SELL>>>>>>>>>>>>>>>STEEMIT NEWS FLASH<<<<<<<<<BTC TO BUY
12/ 20 / 2016 - 10:20 AM EST STEEMIT NEWS FLASH :
How much Steem is up for sell on Bittrex and Poloniex
NOTE: Readings are taken approximately same time every day . The amount for sell varies continuously throughout the day .
| DATE | STEEM FOR SELL BITTREX | STEEM FOR SELL POLONIEX | TOTAL |
|---|---|---|---|
| 12/06/2016 | 154,750 | 863,531 | 1,018,281 |
| 12/07/2016 | 215,322 | 1,075636 | 1,290,958 |
| 12/08/2016 | 218,513 | 993,420 | 1,211,933 |
| 12/09/2016 | 193,568 | 937,849 | 1,131,417 |
| 12/10/2016 | 196,975 | 1,081,468 | 1.278.443 |
| 12/11/2016 | 212,211 | 1,152,122 | 1,364,333 |
| 12/12/2016 | 243,620 | 1,132,778 | 1,376,398 |
| 12/13/2016 | 264,733 | 1,156,883 | 1,421,616 |
| 12/14/2016 | 279,153 | 1,222,949 | 1,502,102 |
| 12/15/2016 | 263,426 | 1,189,407 | 1,452,833 |
| 12/16/2016 | 272,134 | 1,263,248 | 1,535,382 |
| 12/17/2016 | 317,728 | 1,295,822 | 1,613,550 |
| 12/18/2016 | 315,661 | 1,353,827 | 1,669,488 |
| 12/19/2016 | 351,359 | 1,312,109 | 1,663,468 |
| 12/20/2016 | 359,851 | 1,512,557 | 1,872,408 |
As you know if you follow me I like applying data to charts to see a clearer view of what is happening .
CHART # 1
BLUE LINE = Total Steem for sell Bittrex , Poloniex
GREEN LINE = Steem Price
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| DATE | BTC TO BUY STEEM BITTREX | BTC TO BUY STEEM POLONIEX | TOTAL BITTREX/POLONIEX |
|---|---|---|---|
| 12/06/2016 | 32.04 | 248.76 | 280.8 |
| 12/07/2016 | 31.71 | 191.05 | 222.76 |
| 12/08/2016 | 120.21 | 344.34 | 364.55 |
| 12/09/2016 | 117.93 | 274.12 | 392.05 |
| 12/10/2016 | 122.18 | 241.89 | 364.07 |
| 12/11/2016 | 120.04 | 161.85 | 281.89 |
| 12/12/2016 | 110.29 | 156.89 | 267.18 |
| 12/13/2016 | 117.99 | 161.87 | 279.86 |
| 12/14/2016 | 114.94 | 245.57 | 360.51 |
| 12/15/2016 | 110.92 | 268.05 | 378.97 |
| 12/16/2016 | 107.75 | 230.97 | 338.72 |
| 12/17/2016 | 32.13 | 241.23 | 273.36 |
| 12/18/2016 | 28.81 | 184.1 | 212.91 |
| 12/19/2016 | 31.08 | 177.3 | 208.38 |
| 12/20/2016 | 27.74 | 161.62 | 189.36 |
CHART # 2
BLUE LINE = Total Bitcoin to buy Steem at Bittrex / Poloniex
GREEN LINE = Steem price
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As you can see by (CHART # 1 ) the amount of Steem for sell continues to grow and the amount of BTC to buy continues to decline see ( CHART # 2 ) . This does not look good for the price of Steem . Also both my Steemit oscillators are in Bear territory .
@me-tarzan Seems to me like STEEM has 2 things going against its current value. The more supply of STEEM for sale will make the price go down. Secondly, it seems that if Bitcoin value is rising then the value of STEEM will go down. This might be the time scoop up some more STEEM.
@streetstyle with the amount of steem for sell increasing and the amount of btc to buy I would not be surprised to see new low prices on steem soon .
Nice exchange comparison charting!
Thank you bluehorseshoe