STEEM TIME TO BUY..........STEEM DAILY DATA ...........AND POWER UP..........8 / 23 / 2016
DATE : 8 / 23 / 2016: STEEM is it time to back up the truck and buy STEEM.
STEEM not invested in SteemPower FELL today by 455410 . This is the largest amount of STEEM being powered up since I have been keeping data . The price as of this posting was 16.78 % below yesterday's price at the same time . Yesterday's price was $1.37 (Bittrex ) and todays is $1.14 ( Bittrex ) . The extra powering up of 455410 STEEM to SteemPower is great news in my opinion .
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 decreased today from 5,996,039 yesterday to 5,540,629 today . That's a decrease today of 455,410 STEEM 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.
NOTE: The blue column fell nicely today and that is what we want to see .
CHART # 1
In the chart below notice the large blue column dip today: This is STEEM being powered up in SteemPower . In my opinion this is necessary in order for the price of STEEM to increase in value .
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.
CHART # 2
The STEEM decrease today suggests to start buying STEEM and powering up if you believe STEEMIT has a bright future .
What is a vest equal to :
8/17/2016 : A vest is equal to $419.36
8/22/2016 : A vest is equal to $425.36
8/23/2016 : A vest is equal to $423.35
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Great post ! I am going for steempower
I 'm also powering up some but just some , this was a step in the right direction today but until some other things begin to change which I talk about in my steem weekly data. I would not go invest too heavily until we see those changes .
Thanks for your insight
I don't understand. I bought some steem at 0.0025btc. You want to say that it is better for me to use that steem to raise may steem power?
@lebedev what I'm saying is today's decrease in liquid steem along with the price falling over 16% at the time of writing this post . It is my opinion that now would be a good time to start buying steem and powering up if you believe STEEMIT has a bright future .
@me-tarzan
How do I convert my SBD ?
You look like an expert
bullionstackers I have to get some sleep . But tomorrow I will write a post on how to do it .