I haven't done one of these for quite a while but the stats are just awesome and breaking new boundaries.
Also some user have been suspecting things must be looking good and have been requesting an update.
A couple of weeks back we had a post that went viral and is likely or first to break a million views. It's just a pity that it didn't earn very much, even though it was fake news.
https://steemit.com/food/@jomano1975/they-open-the-first-restaurant-of-human-meat-in-the-world
all the drive-by eyeballs that came to read it are represented by the large spike in the blue line circled below.
If we then proceed to the returning users baseline we can see that once again a rise in the steem price and the SBD 10x is fueling another big wave of user activity.
We started the year with a baseline of under 10 000 per day. We took a march up earlier in the year when the STEEM price rose to $2.50 to hover at 10 times that number for a couple of months. Now we look to be ending the year well over 200 000, which is more than double the mid year peak.
As usual its the America's dueling Asia for top spot with regular alternations.
Also as usual its the Eastern Asian (South Korean) traffic that is dominating the Asian traffic.
Finally these are our top ten countries for the month of December, quite a bit has changed here from 4th place onwards.
Amazing information. I am new to Steemit and still searching for good content. Any recommendations?
How do you mean good content @cookit?
This post is a good content, so you have found one.
100% Upvoted @gavvet,
I saw that we were over 500,000 accounts just under a week ago, now we're at 517,000+ accounts as of today. If we're adding like 3-4K accounts a day, it looks like we'll reach the critical 1 million Steem wallets way before mid 2018.
And at $4.30-$4.40 being a 1 Billion in market cap, I think that's the 2 factors that will make the investors in first quarter of 2018 pay attention and scope up Steem like Eth back when it first broke 1 Billion, till it's like 60+ Billion in Dec2017 prices.
Imagine 60x from today price by sometime in say end of 2019, crazy eh?
with those estimates most of of the guys will be millionares by 2019, let hope the growth continues
It's hard to imagine, but yeah anyone with at 10MVest, meaning those just under dolphin status will be millionaires, the rest with at least 500Steem will have 6figures.
I doubt it will happen in the same duration as ETH was first to market contracts (dapps tokens) and basically ushered in the ICO craze, scams, and all the likes that's why it went over 60x in 1.5 years.
What Steemit just have to do is keep adding in Steem users at the same gradual exponential rate and we can achieve an equivalent in say 2.5 to 5 years. Let's hope @ned and team speeds things up with registration.
Actions Steemians Need To Take To Help Steem Gets To $64 in 2018Still, we gotta do our part, see my reply to @ats-david's post when Steem was $1.8 over a week ago:
man that's so exciting to think about
Upvoted to encourage you to keep Steeming on @joendegz. You might want to consider getting some Steem at any dips while prices still under $4.
Your grand-kids will be thanking you.
There is a multiple ways STEEM can succeed, millions of users (at some stage it can grow exponentially due to network effect), SMT can run ICO race for media companies similar to ETH, it can work as transaction currency among exchanges due to low cost and speed(e.g. people use ETH or LTC for transfer between exchanges), multiple Dapps (Dtube, zappl, steepshot) can bring in users and investors etc. However, STEEM reaching top 5 or 10 cryptocurrency by the end of 2018 is not far fetched.
Agreed there are not just multiple ways, there are ways Steem can succeed wildly that no one has even thought of yet, I'm talking like crytokitties x 100 kind of growth from a brainchild of a future Steem developer(s).
Still the multiple apps plugging into Steem like dtube.com, zappl.com, steepshot.io, utopia.io, dmania.com are still mostly creating accounts from Steemit.com and it's all part of the 3-4K of users per day inclusive. Yes, growth is increasing mildly, but surely it's growing exponentially.
As for ICO race spilling over from ETH to SMT, there will likely be a lag time for serious development to come up to speed when SMT is released.
For example, when ETB hit 1 billion market cap, and when ETH solidity code contracts were ready for token deployments, it basically stayed 1 billion for over a quarter while serious and legitimate development brewed beneath the surface.
The scam ICO that pop up overnight with big promises, that are not developing even 1 unique module of code before they even sell their first million worth of coins are not good examples, they don't add lasting value to ETH contracts, and those cases will not add value to SMT Oracles either.
As for choosing Steem to become a transact or gateway crypto. I believe the first step is the silent effort to get state jurisdiction approval for USD to Steem conversion and I suspect @blocktrades and possibly others are working on it. This is not a technical problem but more a legislative red-tap delay. Once this is in place then the consideration for Steem to be a gateway currency like BTC, LTC, ETH will then be taken seriously. Do note many fiat-exchanges might also be reluctant to move to Steem as some of them are earning a serious profit margin from the spread of BTC, LTC, and ETH, and in the inefficiency of blockchain fees and delays, some (or most) are surely exploitation this fact to skim of higher charges from incoming fiat while the bull run is strong.
Other ways Steem can bloom is simply advertizing companies beginning to see the potential of Steem's userbase and buying shares in advance. The multitudes of media corporation buying Steem to grow its influence base can be a shocking boon. This will likely start trickling in only after we hit at least few million users.
Another way that Steem can get a burst of growth is incubation and startup investments, there are companies that are now considering should they buy and keep some ETH and BTC, seeing which will come up first with their lightning or raiden network (the 2.0) to solve their speed and transaction cost issues.
However, some forward thinking entities may also be looking to invest in Steem as an alternative or hedge against a lack of short term solution to BTCÐ, especially if SMT turns out to be well design and has great ease of use. There are so many factors in the air, but 1 factor rules them all, the number of people adopting Steem.
There more people we get into Steem today, the bigger the chances are 1 or many of these boon factors will pan out to take us into the next level.
It seems like with all the popularity around cryptocurrencies steemit has been booming. Steem seems like it is going through this great honeymoon period where it keeps ramping upwards everyday.
Let's see how much more it will climb since I'm thinking about taking some out if it gets to $5 to pay off some student debt that I still have left to cover.
I can't believe that one of the posts on steemit broke 1,000,000 views. That is absolutely crazy and it is great to see the platform is performing so well.
Also I've been wondering why SBD is $10+ most of the time. Do you have any idea @gavvet? I wonder who is buying it with many people on steemit selling as much SBD they can or converting it to steem.
@arckrai SBD from what I can gather seems to have benefitted from having a low circulation that means any investment in the currency has a greater percentage chance to make a difference to the market value. I believe currently there are around 3-4million SBD in circulation and this is low compared to other currencies
In other words, it's just a succesfull pump on thin market.
4,174,319 SBD to be exact, if we trust the numbers provided by the exchanges. =)
Africa is still not doing well here, why?
Internet bandwidth is expensive and the word needs to be spread
That's true, so many people are facing the bandwidth issue.
Hello @gavvet,
Yah, that is my challenge too in my country Nigeria. Internet is very expensive. Sad!!
Slow connection, no connection and everything in between with high pricing.
Education in new technology (not just Steemit) is sadly lacking, I recall 2 to 3 years ago so much talk of digital money in Africa...
Team South AfricaSeason Greetings @yaanivapeji and @gavvet from
Really sad @joanstewart,
But any way compliments of the season to you too.
Great stats, steemit growing by the day, soon the network effect will be too big to stop!
Wow these statistics are very interesting and we look forward to even greater value of steem in 2018.
Wow that is awesome!! I got a bit nervous when BTC took that dive but it is recovering well as are all the currencies.
much came after news outlets started saying that the crypto bubble was busting but today the market adjusted themselves and all went from red to green, its been a great day for those who held to their cryptos
This is actually good, its also good to see crptocurrencies recover from the initial fall
life is back to normal and all charts are reading green
Ich finde die Idee super. Aus irgendeinem Grund komme ich nicht in den Chat. Klappt irgendwie mit der Anmeldung nicht. Mir geht es nicht primär um das Geld. Aber es ist eben schon hart, wenn man sehr aufwendige Beiträge postet und sie in der Versenkung verschwinden. Da muss man durch. Ich wäre schon für einen wöchentlichen Treff. Man muss ja nicht teilnehmen. Ich habe hinter mir ein paar weitere neue Mitglieder hinter her gezogen, die es noch wesentlich schwerer haben werden
Love to see that in Canada in #5. Its crazy now that everyone knows about Bitcoin to explain to them an alternative coin that they can earn while blogging and posting solid comment and getting into the crypto world they truly love it!
I have missed the stats series! I am surprised to see Canada below the UK. I must be missing lots of fellow UK dwellers here, I will have to scour harder :0)
Looks like great growth. If every one works hard it should continue to grow.
steemit is a great platfrm love u steemit.
Steemit is also growing big here here in the philippines, I was also inviting more of my friends and some of our neigbors here i'm bragging how awesome this platform is. ∞
Filipino in states. Tell me more about Steem growth in Phillipines. Planning trip back home soon.
It is doing awesomely and if you visited, there will be a ton of Filipino steemians to host you and tour you. I can!
Keep on spreading the word! :)
2017 was a great year for steemit. Does anyone know if Tone Vays still thinks steemit is a scam? lol
Well @gavvet if any of my predictions come true for 2018 that I just posted about, you're going to have some quite amazing charts again in a year from now. :)
he went quiet after both steem and SBD started to rise, i wouldnt be surprise if he has an account under an alias
Great analysis you have done in the post @gavvet.
Nice state and great community!
Your right things are looking great @gavvet , thanks for the awesome update ! Crypto is becoming more popular every day , so glad to have joined Steemit over 17 months ago and started learning ! Keep up the great work , love all the awesome information !Upped and resteemed😀💲💲💲💲💲💰
we from Indonesia will continue to spread the virus steemit, because now only still a small part who knows about steemit.thank you for the view statistics @gavvet
Have also noticed lately that the activity is great in Steemit and with SBD over $10 all post are actually making 3-4 times more than is stated on the post earnings.
By the way, @gavvet congrats on 1 million views, I hope that my post will also have such great interest!
I love stats. Like baseball, but with crypto looking at this stuff.
Easier to pick up on trends... interesting thought you've provided for me is how the increase in SBD could be fueling an increase in 'drive-by-eyeballs'.
Also, an obvious element: the enormous Asian population and the amount of loose capital that could flow in from there... and how the difference in currencies is rendered irrelevant in a level, content-based playing field.
I think 2018 will be a big year for steem!
wow great stats . its really a beehive of activities these days on the stem blockchain and you are right, its been a while you did this its good to have you write about steem stats though i miss you war series.
Absolutely steemit platform helpful for the all users. Currently with SBD and steem worth rising more users add to steemit daily basis. Giving more opportunities for earn more rewards, know more details of world from blog posts (adventures, cryptocurrency updates, education, political news etc...).
As me, I have wasted more golden time use other social medias when I came to steemit. But Now am do changing my life more and successfully. Why am thanks giving to steemit developing team? It has very easy answer.@gavvet, Thank you for the great analyse of steemit whole year.
SBD price now $9.6 level and steem price now in $ 3.2 level. think....... Past day its how much low worth. But now......earn multiple times if we have perfect knowledge about cryptocurrency exchange. I earn 10 times earnings refer to say that.
India had come to top ten steemit growth country list bcoz why am happy this moment am South Asian country in Sri Lanka. South Korea also had huge traffic past day when I seen it.
Finally I cannot think those blog post got 1,000,000 views as you mentioned here.
Merry Xmas to you all!!!!!
Stay Blessed!!
This is really good for the steemit community. With continuous increase in steemit account, I believe its a good indication for those wanting to join.
Awesome post @gavvet. I had always thought it was steem that was going to rise, never knowing it was going to be SBD. A good one though.
These facts really make me feel glad to be part of this community. Steem and steemit is growing, and am privileged to be part of it.
Wow. Thank you for the stats.
Growth has been so huge, and across many countries. Glad to hear that we are ending with 200000 at the end of this year.
Wow, that is a huge jump since thw beginning of this year. I know of many different people who joined recently with very large youtube followings. I think this is just the beginning. Once the fire starts spreading you just have to let it burn!. Thank you for sharing.
Hmmm. We are really making progress. STEEM is around $2+ and SBD still looks good at $11+. as long as SBD is up, authors on steemit will get extra value for their work.STEEM right now is the boss of the blockchain, then next to BITSHARES (just my opinion).
@cleverbot we are in the right place at the right time
I’m new to steemit, very excited for the future of this platform!
Like me
Excellent post dear.thanks for sharing us.always follow your post.upvote done
I am holding on to my SBD - at this rate we are going to be able to buy a nice car with a few hundred SBD in 2018. Wouldn't that be something? Even better, SBD goes to content creators (not curators), so it is nice to see rewards geared towards them do so well..
👉👌👍👍👋👋👏👏
Thanks @gavvet for the informative charts. Merry Christmas and have a Happy Healthy New Year!
Steemit is growing rapidly several months, in Indonesia is very fast development.😎😎
Resteemed
thank you.. I think it just started.. and with 0.3 % network capacity we have a perfect situation to have more... I really think steem can be $10 early 2018
We need to run another viral post which is true though and we get more users....like how we broke 1m transactions per day...!!!
Amazing love u steemit
I wish you the beginning of a happy year and you are all family
A new year on steemit and a great selection and many achievements
I wrote some achievements this year on steemit
I apologize for putting Link post here
Hi brother @gavvet https://steemit.com/steemit/@mars9/letter-from-steemit-to-everyone-in-a-year-we-have-achieved-more-than-we-want-thanks-to-you I wish you all the best my brother and friend @gavvet
Great news. I could never think. That articles here can collect more than 100,000 views. Good luck to you and good.
I am happy to see steemit climbing in people who are waking up to crypto and kicking the nay sayers of the main stream media to the curb!
Great post @gavvet I was just wondering recently about it has changed. Do you have any stats about where Steemit has tracked on the AWS?
wow very interesting @gavvet! i wasnt aware of these impressive figures related to steemit! I already upvoted and followed you! feel free to do the same if you want! Regards form Spain! :)
Interesting stats, thank you!
Thank you
2018 is going to make all us steemers great. Happy holidays and merry xmas.