USERS DEPOSITING..... USERS WITHDRAWING..........STEEMIT NEWS FLASH
11/ 7 / 2016 - 7:25 AM EST STEEMIT NEWS FLASH :
# OF USERS DEPOSITING TO STEEMIT ( GREEN LINE chart # 1 )
# OF USERS WITHDRAWING FROM STEEMIT ( RED LINE chart # 1 )
The lines represent daily users depositing and withdrawing . The numbers on the chart are just high and low points and also represent daily user RED WITHDRAW or daily user GREEN DEPOSIT .
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As you know if you follow me I like applying data to charts to see a clearer view of what is happening .
This data is compiled from @xiaohui
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NOTE No data available for 10/14/2016 through 10/28/2016
CHART # 1
GREEN LINE = # OF USERS DEPOSITING TO STEEMIT
RED LINE = # OF USERS WITHDRAWING FROM STEEMIT
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SUMMARY
The # OF USERS WITHDRAWING FROM STEEMIT is currently 2.6:1 compared to the # OF USERS DEPOSITING TO STEEMIT .
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To try to help with the Liquid Steem problem this post is being paid with 100% STEEM POWER ! ! ! ! !
I got this 100% POWER UP logo from @stephen.king989
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I think this post would be enhanced by defining what a "deposit" and a "withdrawal" is.
Hello faddat a deposit is steem being moved from an external exchange say Bittrex or poloniex into Steemit . A withdraw is steem being sent from Steemit to an external exchange most likely to be sold .
Well done, and good report.
Thanks for the info!
But where the differrence goes? There's no sense to accumulate Steem in external wallets
That's a very good question why would anyone want a lot of steem at an exchange .
likely being sold into bitcoin or some other crypto
OK, but crypto seller gets Steem, and where it goes? Steem is not investment instrument because of high diluting. It is logical for the buyer to return it for power up, but it does not happen.
STEEM is what gets bought and sold on the exchanges, that makes it the investment instrument. it seems rather unreal now because there isn't an 'economy' around it like bitcoin. There is little I can purchase using STEEM, although Peerhub accepts it, so that is a start.
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