SATURDAY'S POWER DOWN IS BELOW SATURDAY'S AVERAGE LINE > DAILY STEEM POWER DOWN <><>steemCreated with Sketch.

in #steemit7 years ago

🐒 Saturday's Power Downs : Steem being Powered Down on Saturday's only .

Highest Saturday Power Down : 🐒 🐒
Lowest Saturday Power Down: 🐒

🐒

DATESTEEM POWEERED DOWNDAY OF WEEK
1/21/2017458,354SAT
1/28/2017484,795SAT
2/04/2017586,677SAT
2/11/2017590,630SAT
2/18/2017600,027SAT
2/25/2017592,957SAT
3/04/2017663,644SAT
3/11/2017 🐒 🐒659,978 🐒 🐒SAT 🐒 🐒
3/18/2017272,782SAT
3/25/2017494,349SAT
4/01/2017364,536SAT
4/08/2017354,820SAT
4/15/2017346,311SAT
4/22/2017380,871SAT
4/29/2017351,265SAT
5/06/2017252,942SAT
5/13/2017279,005SAT
5/20/2017277,784SAT
5/27/2017322,260SAT
6/03/2017255,643SAT
6/10/2017636,136SAT
6/17/2017652,813SAT
6/24/2017367,471SAT
7/01/2017368,062SAT
7/08/2017197,048SAT
7/15/2017206,571SAT
7/22/2017 🐒162,889 🐒SAT 🐒
7/29/2017167,312SAT

🐒

Below :
Chart showing the amount of Steem being Powered Down every Saturday since (1/21/2017)
COLUMN : = Amount of Steem Powered Down on Saturday's
LINE : = Average amount of Steem Powered Down on Saturday's

🐒

DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.

It is strongly recommend that you consult with a licensed financial professional before using any information provided here at DAILY STEEM POWER DOWN . Any market data or news commentary used here is for illustrative and informational purposes only.

Please voice your opinions in the comments below.

🐒
SUMMARY
I have added an average line on the chart .
Saturday's Powered Down Steem is BELOW the average Line for Saturday's , by 237,864 LESS Steem powered down this Saturday than the average for Saturday's

🐒

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SUMMARY

🐒 I have added an average line on the chart .Saturday's Powered Down Steem is BELOW the average Line for Saturday's by 237,864 less Steem powered down this Saturday than the average for Saturday's

🐒 Saturday power down 167,312

So is this a good thing?

That's encouraging and discouraging. It appears that fewer people will power down with steem at $1.20 than they will at $1.80 or more. So, when steem hits $2, redemptions will spike and keep the price bound by that sales action. So, it's good to see few people powering down, but their is a price that they will start redeem, setting a ceiling for the near term.

I could guess this is a pretty good news

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