📉STEEM Investor Report 14 July 2017 (Whole Market Down)

Trading Recommendation:

Hold, Bitcoin price action is may trend lower

Investment Recommendation:

Buy, expecting to be much higher in 6 months!

Analyst Commentary:

The STEEM price fell 9.14% verse the USD over the past 24 hours on very low volume ($1,014,91) as the entire crypto market experienced another red day based on Bitcoin uncertainty. I expect the Bitcoin uncertainty to last through the next week as the next big news isn't expected until 21 July when the miners should begin announcing their implementations of Segwit. The rewards pool decline appears to be slowly leveling off (it is hard to see so I drew a trend line to help show it). I've started the statistical analysis of the rewards pool with a teaser of one of my charts under the investor dashboard. New account creation is going strong with 1,900 new accounts created in the last 24 hours as we are now back on the growth track. The % vested indicator rose to 71.59% which is a continuation of our current uptrend into improving fundamentals. Daily active accounts is up to 23,021 supported by the higher account creation numbers. The SBD inflation is down with 1 SBD worth about $0.953 which means we are starting to fall significantly below the peg.

For traders, believe STEEM has significant upside potential due to fundamentals, however Bitcoin's slide could take us much lower. I advise holding and looking to buy in before the recovery starts. On the investor side, I believe we will be significantly higher at the end of the year after communities are released and the account creation problem is solved. I would power up your rewards and look for opportunities to buy at current price levels.

Payout Recommendation

I am expecting the SBD premium to return when the crypto market picks back up, therefore, I recommend taking your rewards in 50% SBD and using it to buy STEEM in the internal exchange.

Marketing Trust

Please support the @marketing-trust by following and upvoting the daily posts. The project was created to generate capital for a paid advertising campaign to promote Steem.

Charting the Rewards Pool and Recent_Claims

Data Credit:

Steemchart.com
Coinmarketcap.com
Steemdb.com

Disclosure:

The report published above is based on my assessment of the cryptocurrency market. Investors should consider this report as only a single factor in making their investment decision. All investments involve market risk, including possible loss of principal invested. The author is a cryptocurrency investor and while he seeks to provide honest assessments to the best of his ability may have a conflict of interest that could affect the objectivity of this report.

Discord Chat:

You can reach me on Discord on my private server or through private message to LeongKhan