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RE: Why I sold all my liquid steem for bitcoin

in #steem8 years ago

Hey thanks for the great info Craig. I made some profit with this strategy. Will probably continue using it. Ride the waves!

Just a note, I decided to make a Google Drive Spreadsheet of the power down stats for future reference. I noticed something interesting perhaps you can help explain. For Fri 12-16 on the power down chart IN YOUR VIDEO it says STEEM: 640,524. However, when I look at the stats now it says Fri 12-16 STEEM: ~607,399 STEEM.

As you can see, the amount of STEEM being powered down has been lowered by about 35,000. (The STEEM amount is also lowered for Thur 12-15). Any idea why this might have happened? Are you allowed to cancel Powerdowns on Steemit? I am not to involved with the Steemit platform yet in this regard, but I'm guessing this could be one explanation.

Also, a quick question if you would be so kind. I am having a little trouble understanding every aspect of the Power Down Statistics graph. I'm mostly having confusion over what "VESTS" really mean. That is my main confusion, but if you could make a video with a simple or in depth analysis explaining all aspects of that chart I would greatly appreciate it and I wouldn't be surprised if others did too.

Things I'm confused about:

  1. What "Difference % Change" is based on exactly
  2. The "Largest Liquidity Increases" section at the bottom is intriguing, but my lack of "VESTS" knowledge is a probably a big reason I can't understand how to read it exactly.

Thank you Craig.

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yes, power downs can be cancelled, and to see what vests are look here https://steemd.com/distribution