Power Down Statistics + Not many SP whales powering down.
Every two weeks or so I like to compare the current Power down statistics and see how we stand.
Here they are:
11th December 2018
| STEEM | Amount |
|---|---|
| STEEMPOWER | 203,3 Million |
| LIQUID STEEM | 84 Million |
| SBD | 12,75 Million |
Today (29th December 2018)
| STEEM | Amount |
|---|---|
| STEEMPOWER | 205,3 Million |
| LIQUID STEEM | 85.6 Million |
| SBD | 11,89 Million |
Positive things: STEEMPOWER is still going up. By 2 million vested STEEM since the 11th.
And the amount of outstanding SBD is slowly coming down. Almost by a million in the last 2 weeks.
The downside is we are creating a lot of extra STEEM because of conversions (SBD to STEEM). The total supply has grown by 3.6 million. We are outpacing the set inflation for this year by a lot.
I also had quick look at the amounts of the 34 whales (500k+ SP) powering down and I could only find two and only one of them is powering down at full force.
That's not bad actually. Considering the amount of money invested in this platform.
Even though this stat is not for everyone I always consider it a positive sign.
I am part of witness @blockbrothers.
Please consider us for your witness vote if you think we deserve it here:
Vote for @blockbrothers via SteemConnect
Set blockbrothers as your proxy via SteemConnect
We are the creators of Steemify a notification app for your Steemit account for iOS.
Get it Here:
It is good news but I think there is whale powering down because of steem prices. If prices increase, they may power down.
@exyle,
Thanks for this highlight! A lot of STEEM printed during last couple of months! Yeah it might be an issue!
Cheers~
Congratulations on cracking the top 100, mate.
@themarkymark just posted about the new version of steemwhales so I'm having a poke around.
I've almost cracked into the top 200; and I'm the biggest 'Matt' on the platform. It's something :)
Great to see most people here still are confident enough to power up and let their steem be invested!
I just power up and give accounts away (to real people) so yeah im doing good to the steem blockchain i think. And i think also whales are in it for the long run so they see this as a investment and when a whale got in with 4 dollar he aint gonna check out at .25 cents 😂 they check out at 4 dollar and up. So you gonna see more power downs when the price is there i think. Or steemmonsters and other great projects are keeping them here.
Posted using Partiko Android
I had been powering up 100% but the account value just falls like a glacier in Sahara :/ @exyle
Hi, @exyle!
You just got a 20.43% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
It's definitely a good sign. It shows people have the confidence to keep their money tied up in SP.
Keeping the liquid Steem and SBD low gives Steem a good chance to rise when the market becomes a bit more bullish.
Posted using Partiko Android
deleted
Good long term, but tbh I'm not worried much for the long term as much as I am the short term.
Posted using Partiko Android