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RE: Exchange Transfer Report: 08/07/2016 to 08/13/2016
Interesting statistics this week. With the influx of new users and the drop in price, I would've thought that deposits would have increased more. It's good to see @dantheman and @dollarvigilante on the top deposits list. Regardless of what one may think of them, they're putting their money where their mouths are, so good on them.
It's also interesting to see certain people cashing out. Don't care to get into the specific names, but it's just something that's a bit curious to me.
Thanks for the info, once again. Hopefully I'll make those lists at some point.
I'm thinking it might be useful to separate out the SBD/STEEM amounts instead of lumping them together like I'm doing now. @dantheman's deposit, as an example, is just in SBD, from what I can tell. It's still liquid and not powered up. So there's a big difference to the economics if the money is powered up of if it's just sitting as STEEM (which would be silly) or SBD. But yes, keeping that money in SBD instead of BTC, does show confidence along with, well, the many, many years or work leading up to building this thing in the first place. :)
Yeah, you could separate them, but I tend to think as you do - if they're holding the money in SBD, then they don't seem to be too concerned about potential losses. Or, from another perspective, they could be keeping it liquid with the confidence that they can make gains against BTC.
Speculation isn't necessarily a good thing, but it's the confidence of the trade that interests me, if that's what it actually is.