DAILY STEEM REPORT JUNE, 27TH ★ STEEM 1.66$ + 4317 New Accounts

in #steemit7 years ago

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The price of Steem is down today because of Bitcoin, but I am not worried
about that, look at the following charts, Steemit is growing like never before:

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Buy as much Steem as you possibly can, like @mindhunter said in his todays Video :)

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I fully expect we will see a continued drop in the overall crypto market, some of the pumped alts will completely collapse. Steem has an awesome long term business case, it should be the first to emerge from the wreckage!

i'm also not worried about the price of steem. by friday steem will be back at $2

ok? why by friday? Curious now... :)

Well there are so many reason that make me believe that steem will go up in the next few days.. firstly look at this chart below


"History repeat it self" the price is just testing the previous structure of support before it continue to going up.. last month we had the same situation where the price went up to 0.00077000 satoshi and than came back down to test the previous structure of suport around 0.00033000 satoshi.. this month the we went up to 0.00100000 satoshi and i'm expecting the price to re-test the new high that we just created this year, i wasn't surprise to see steem falling

Steem monthly timeframe
Montly timeframe give me more confident about steem because when you look at it you can easily see that we are at the begging of the uptrend.. steem still has a long way to go to reach it all time high around 0.00710000


Another thing that might push the price up. is the number of people who are buying steem to power up.. you shared a very good stats in one of your post about steem moving from exchanges to steemit

Please note that this are just my prediction based on my trading strategy and experience in trading it might not happen but i'm looking forward to see what will happen in the next few days

Nice Analysis, upvoted!

CAN I HAVE YOUR ATTENTION PLEASE!?
DO NOT FOLLOW OR UPVOTE MY POST. I REPEAT DO NOT FOLLOW OR UPVOTE.
THANK YOU FOR READING.

Upvoted&followed!

what a successful marketing strategy, good work.

Thank you for the daily updates. It's good to keep an eye on the growth of the community.

you are welcome

Awesome thanks!

you are welcome :)

What do you think @elyaque about user engagement and retention? I've noticed a lot of new people around.. Obviously half will bounce right away (historically).. out of those who stay do you think we have something now after HF19 thats going to keep people here after theyve posted a few times? We used to have 1% of all accounts logging in daily - now it seems closer to 5% - do you think retention will be about 5% with the current UI and the changes from HF19? I personally feel the "mix" is getting better and some organic communities are starting to form/strengthen. Interesting times!

It is way better right now, thats for sure, you can see that as well on the daily pageviews.
More infos here: http://www.hypestat.com/info/steemit.com

I posted as soon as I saw it down "Steem dropped briefly to $1.37" Its like a well kept secret, but definitely seeing some geometric growth, I bought steem as soon as I saw the price dip.
I keep a constant eye on it with the steem price ticker for Chrome browser

hehe, I have the Price ticker as well, very useful !

Price drop is great way to gain some SP. Thanks for informing us.

Tolle chats...

HOLD. BUY . dont look at your portfolio :O

hahaha good advice, better for your heart :)

Great job! Keep it upDQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

Thanks :)

maybe this made even the users to be less activity. but it is ok. do you have any idea when the beta will be over?

I am really falling in love with Steemit now, since getting onto Steemit, I have barely touched my Facebook. I was shocked last night after checking coinmarketcap. Steem dollar being one of only a handful of coins actually being up and no less in the double digits. Good luck Steemit, keep making me proud everyday.

Thank you for all the helpful people posting great articles helping us newbies get accustomed to the Steemit environment. I am hoping to also become a bigger fish eventually. 😎

Keep posting and commenting and you will be a big Fish soon :)

thank you for these cool information keep up the good work

YESS, this is the time. I feel like its a forced sub reset on the market. All those people that wanted to get in on the price margin finally have can have a crack at it. A market down always looks bad to the weak minded, but is an opportunity to the brave. It's time to take that leap we all have been speaking about. Cheers!

#follow4follow

I love steemit
More reward we can get with minimum effort..
Good
Highly Appreciated

Guess everybody loves HF19 :)

Do you know whats happening to Poloniex been down for ages for deposits i mean?. I have trying to accumulate and keep steem and sell my SBD for a while. Trying to guess +- 8% on SBD buying and selling.

nice post

I used this chance to up my Steem Power, bought some both yesterday and today!

Great report, thanks for sharing.. Upvoted @elyaque

I don't understand mindhunter's technical analysis. All I do is try to buy more Steem when it's down :)

Buy low is always good :)

I'm a rookie and even I am really excited :)

Woah +4000 new accounts that made up for yesterday's +400 new accounts lol :)

Even though today the total market capitalization reached down to 94.1bn, we still have 400% year-to-date grow. I think Steem is in a good position to make it through the turbulence given the steady growth and increasing number of users.

As long as we get more and more active users every day I don't see any problems here.

4,000 nice. I bet this keeps up for quite some time.

nice blog , i follow you , please see my blog and if you liked please follow and upvote

Wow 4k new people!

If you look at the chart from a technical point of view it seems to be completing a correction, which would indicate a continuation of the upside trend.
Honestly I do believe that steam has a bright future. As cryptocurrencies are integrating in the forex currency market one can't deny the immense growing oppertunties.

This is the second time today I am reading a post on buying Steem. For those who are not yet convinced, they can also read this blog post: https://steemit.com/do/@fyrstikken/followers-and-subscribers-buy-the-dip-the-steem-dip-it-wont-dip-forever-commit-yourself-to-become-a-monthly-investor by @fyrstikken

I am working hard to get as much SBD as possible to buy Steem :)

Thanks for the link :)

Good information...

Thanks for the report! I've bought STEEM at the $1.52 price. Feels great when I see the price is higher today. I hope I can buy some more soon.

Funny. I bought in at 50c, saw it drop to 7c and thought I'd basically lost it :)

Guess in a couple of years, todays Steem price looks like a joke!

Yup. We'll have people asking if they can buy fractions of a steem, instead of having to save up for a whole one.

Sounds good to me :)

Well done :)

I won't be surprised to see us hit 10K new accounts created a day soon!

👌😀

Hell yeah! The number of new accounts is back up again in comparison of yesterday :D

Guess they are not working on sundays at Steemit.inc :)

Red is short terms , yellow midterm , white long terms. average price call . every 7 to 5 hours change

I am seeing double good thing for steemit users as steem price is dow to biy more power. And SBD price has increase so a double benefit for us.

True, change the SBD and buying more Steem!

Price of SBD has gone up too, which is good for steemit. Thanks for posting!

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Steemchart.com

not too worried about steem going down, in the long run it will go way up

Good chance to buy more :)

I know! i want to but for financial reasons i have to hold off for a few weeks, i can only earn for now. Our economy is bad and the industry i work in got hit real hard. Hopefully i don't miss the boat.

It is the greatest time to buy Steem right now.
The best thing to do is probably is to take advantage of this high SBD price and convert your SBD to Steem

Thats what I have in mind today :)

When can we see the growth of Steemit again?

Are you asking about the charts or in general? In general there are no guarantee's it will grow at all - almost every "alt coin" that requires BTC to get into or out of is down because BTC is down. People usually "profit take" for the summer months and dump their money back in after summer is over. It happens in almost every market! These markets dont behave as predictably as the general markets - so the true answer is - it could double in price overnight. I suggest you follow @elyaque - these charts are really good for getting an idea of whats going on with Steem!

It is growing! Or do you talk about the price?

Yes, I'm talking about the price and going up to its previous peak and further, to the price of $5?)

I've been spending all my SBDs on Steem today!

Managed to pick up more LBRY Credits at a good discount too! :)

I will mine change later on to buy more Steem. Bought 5000 LBRY yesterday when it was really cheap :)

Are you mining on nvidia or amd hardware? I recently picked a 1080ti and its at work mining on a profit switching pool, but converting it to a lbry machine is tempting!

I sold the most of my miners now, I have only some BTC miners. I just bought Cloud mining.

226k from 160k steem on guys!!!

Growing like crazy :)

That is nothing. As i keep saying, President Duterte's supporters are millions, just one social media warrior in here and they will come from Facebook. Just one. Somebody laughed at me ;)

The price of Steem is down today because of Bitcoin, but I am not worried
about that, look at the following charts, Steemit is growing like never before:

Do you think steem will ever break free of the hold the influence the bitcoin market has on it? Just thought this might be plausible as steemit is growing very fast and at some point should start to sustain it's own ecosystem. would this be possible? Thanks much appreciated!

In some point of the future I guess it will, but BTC still have a big influence on it...

Ok I think I understand it has to do with the BTC dominance from what I can see. Thanks for the info

Great info, thanks for posting

I think it's a good time to invest into it, this is like when BTC was at 3$. Need to catch on quickly

Nice to see community growth it's only a correction for little time.

it is time to buy steem in the market
because steem is the lowest now, and will never be lower than now.
so i recommend many koreans to buy steem now

I am one of those new accounts there :) Heard of steemit from a fried. Guess I am a bit late to the party but bettr late than never

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