Will STEEM reach half a million accounts until the end of the year?

in #steemit7 years ago

Intro:

Some days ago I was researching a little about the steem blockchain and I've stumbled on this website: https://steemdata.com/stats, which is basically a database containing all the information that is on the steem blockchain. It makes the developers job easier, because you can get all the data that you want doing simple querys.
I was playing with some query when I started thinking, will STEEM reach half a million users until the end of the year? So I decided to estimate how many users steem will have on January 1st.

The data I've collected:

First I've collected the number of accounts created in the last 31 days which you can see below:


Sorry but I've started writing this on 11/26/2017, that day the database only had the number of created accounts until 11/22/2017.

Graph:

created_day.png

Table:

Date (dd/mm/yyyy)Number of new accounts
22/10/2017618
23/10/20172050
24/10/20172552
25/10/20171949
26/10/2017915
27/10/20172131
28/10/2017757
29/10/2017433
30/10/2017446
31/10/2017282
1/11/2017267
2/11/2017239
3/11/2017219
4/11/2017151
5/11/2017147
6/11/2017171
7/11/2017170
8/11/2017147
9/11/2017870
10/11/20176795
11/11/20173105
12/11/20172334
13/11/20171866
14/11/20171946
15/11/20171078
16/11/20171944
17/11/20171647
18/11/2017894
19/11/2017487
20/11/20171952
21/11/20171668
22/11/20171514
Total Accounts created(31 days)41744

So in the last 31 days 41,744 new accounts were created. This give us an average of 1,346 new accounts per day!

Than I've got the total number of accounts:

On 26/11/2017 that number was 458,815.
With that number and the average of new accounts (1,346) I've created another table with the expected number of accounts per day, which you can see below:

Graph

EstimatedAccounts.png

Table

Date (dd/mm/yyyy)Number of expected accounts
27/11/2017460162
28/11/2017461508
29/11/2017462855
30/11/2017464201
1/12/2017465548
2/12/2017466894
3/12/2017468241
4/12/2017469588
5/12/2017470934
6/12/2017472281
7/12/2017473627
8/12/2017474974
9/12/2017476321
10/12/2017477667
11/12/2017479014
12/12/2017480360
13/12/2017481707
14/12/2017483053
15/12/2017484400
16/12/2017485747
17/12/2017487093
18/12/2017488440
19/12/2017489786
20/12/2017491133
21/12/2017492480
22/12/2017493826
23/12/2017495173
24/12/2017496519
25/12/2017497866
26/12/2017499212
27/12/2017500559
28/12/2017501906
29/12/2017503252
30/12/2017504599
31/12/2017505945
1/1/2018507292

The conclusion:

I started writing this on 11/26/2017 and according to my table we will have something around 468,241 accounts today (12/03/2017), but we already have 474,120 accounts today, so probably we will reach the half a million mark before I expected.

What do you think?

When we will reach half a million accounts on steem?



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Fantastic work @th1nkfast! I'm really looking forward to Steem reaching that milestone. Bear in mind this is the worst case scenario. If we see a spike in the price of Steem, which it looks like we will very soon, there will be a sharp increase in new accounts created that could take us well over that number.

Thank you @adamantine I appreciate that!
I agree with you, half a million is just the beginning. Also utopian recived a donation of 50K steem from @ned to start creating accounts, wich can bring a lot of new usets to steem!

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Almost half a million steemit users, that is incredible. Based on your figure analysis, there is a possibility that at the end of year or early weeks of next year, we will reach that half million marks.

Its really catching up the pace. People are so addicted to being on fb and twitter. I'm sure getting paid for similar thing will attract more and more

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