STEEMIT: Some very exciting Daily Transaction stats that continue to show the strength of STEEMIT.
DAILY TRANSACTIONS - CHART
CHANGES MADE
I have added the 200dMA (200 day simple moving average) to the chart. This is the red line.
The chart now shows:
10dMA
50dMA
100dMA
200dMA
Currently the 100dMA = 105,692 Transactions, and remains BULLISH.
DAILY TRANSACTIONS - DAY/MONTH
Number of days STEEMIT has been live = 336 days
Total Number of Transactions recorded on the Blockchain now stands at 23,089,795 Transactions.
CONSECUTIVE DAYS ABOVE 100,000
What is exciting to see is that the last 17 DAYS has seen 17 consecutive days with +100,000 transactions.
The last time this occurred was between 28-Nov-16 and 13-Dec-16 when 16 days occurred in consecutive days.
SIMPLE MOVING AVERAGES
Moving averages are as follows:
200dMA = 98,515
100dMA = 105,692
50dMA = 111,367
10dMA = 139,628
TOP 10 DAILY TRANSACTIONS
Tuesday 21-Feb-17 saw a total of 179,792 Transactions**, and was the 3rd highest number of Daily Transactions.
Thu-04-Aug-16 = 187,360
Fri-05-Aug-16 = 184,284
Tue-21-Feb-17 = 179,792 **
Tue-31-Jan-17 = 174,173
Mon-13-Feb-17 = 169,790
Wed-15-Feb-17 = 149,677
Tue-14-Feb-17 = 148,905
Wed-01-Feb-17 = 142,001
Sun-12-Feb-17 = 141,950
Thu-28-Jul-16 = 139,071
TECHNICAL ANALYSIS
Technical Analysis - REMAINS BULLISH with the Trend Direction to the UPSIDE.
Thanks again for reading.
Stephen
Thanks for the info-- this is still much of a learning experience for me (been here three weeks).
I noticed that yesterday's mini rally included a stout increase in buy-side orders, but the sell-side volume didn't notably change... in spite of some "the whales are powering down!" panic... that seems like a positive sign, yes?
I wouldn't pay too much attention to price at the moment. It is just down to pure speculation. Give it 5-7 years that's when the big money will be made. Stephen
Great perspectives and data. I like the strength and trend.
Thank you. I appreciate the support. Stephen
Good! Transactions are super important.
"Transactions are super important." I could agree more. Transaction are the ultimate key for success. Thank you. I appreciate the support. Stephen
always. would love to see stats of votes and posts and especially active users.
This post has been ranked within the top 50 most undervalued posts in the second half of Feb 23. We estimate that this post is undervalued by $4.55 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Feb 23 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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