Visualizing STEEMIT Internal Market 12 March ‘18 – BlockChain Business Intelligence
Steemits internal market is used on a daily basis. For many the transaction is simple. SBD earned as post rewards is converted to STEEM. However for some, the internal market is used to trade SBD/STEEM on a daily basis.
One of the benefits of using the internal market is zero cost. Unlike other exchanges, there is no cost in using Steemits internal market to trade. But there is also some drawbacks. One of which is the lack of visualisations. The Steemit internal market only shows Market Depth, open orders and a limited view of recent closed orders.
To address this issue of lack of visualisations and to aid those that wish to trade SBD/STEEM on the internal market, I have devised some visualisation which I intend on sharing daily.
Over time I hope to improve on this report by adding more analytics that will aid in your decision making.
Snapshot taken 12:00 GMT 12 Mar. 18. Time shown GMT
Interact with report and view in better resolution here ( this interactive report will be updated a few times a day. last update 12:00 GMT)
1 Jan ‘18 to Present – Daily Spread, Average Daily Exch. Rate, Daily SBD Volume
Yesterday 15 min Average Exch. Rate and SBD Volume
Today 15 min Average Exch. Rate and SBD Volume
1 Jan ‘18 to Present –Average 1h Exch. Rate
10 Day– Average 1h Exch. Rate
Yesterday – Average 1h Exch. Rate
Today – Average 1h Exch. Rate
That's great. This will really help a lot to people who are trading SBD/Steem. I also like the fact that the trading costs are 0 here. In fact, even sending Steem here from an external wallet is very cheap, 0.01. Transferring Steem from here to another exchange is also close to 0. I love platform.
Thanks for the great work you are doing and phenomenal contribution you are adding here.
detailed and accurate
Very good post, so detailed
tnx for upvote
The graph 1 Jan ‘18 to Present –Average 1h Exch. Rate gives an overall feel, hourly graphs reflecting busy times during the day are good to know. Thanks for details @paulag good ideas for research.
Really cool visuals. Thanks for doing these.
I’m following along for more 😎.