TODAY ONLY 240 Accounts Powering Down OUT OF TOP 1000 <> <> STEEMIT NEWS FLASH <> <>

me-tarzan (79)in #steemit • 7 years ago

🐒 7/ 03 / 2017 STEEMIT NEWS FLASH :

🐒 Number Of Accounts Powering Down Out Of Top 1000 Accounts since 12 / 11 / 2016 see ( chart # 1 )

🐒 Number Of Accounts Powering Down Out Of Top 1000 Accounts last 20 days see ( chart # 2 )

🐒 Number Of Accounts Powering Down Out Of Top 1000 Accounts since 12 / 11 / 2016 Column Chart see ( chart # 3 )

🐒

I like applying data to charts . By applying data to charts it can reveal a much clearer picture .

CHART # 1 LINE CHART DAILY
BLUE LINE = Number Of Accounts Powering Down Out Of Top 1000 Accounts since Dec 12 , 2016

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CHART # 2 LINE CHART DAILY
BLUE LINE = Number Of Accounts Powering Down Out Of Top 1000 Accounts
LAST 20 DAYS

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CHART #3 COLUMN CHART
BLUE COLUMN = Number Of Accounts Powering Down Out Of Top 1000 Accounts since Dec 12 , 2016

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SUMMARY:

🐒 Applying data to charts can give a clear view of trends when they develop .It appears that some of the accounts that were in the top 1000 that were powering down have fell in value enough to no longer qualify in the top 1000 . Also it seems that some of these have just plain powered down to nothing.

🐒 The number of accounts powering down out of the top 1000 continue to fall this is good news for the price of Steem going forward . Fewer large accounts powering down means less Steem on the market to be sold .

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

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🐒

#steem #stats #beyondbitcoin #news

7 years ago in #steemit by me-tarzan (79)

$37.38

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me-tarzan (79) 7 years ago

🐒 Highest # of top 1000 powering down = 374

🐒 Lowest # of top 1000 powering down = 217

🐒Today's # of top 1000 powering down = 240

$7.83

4 votes

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cryptheld (33) 7 years ago

Looks like I don't really understand

$0.00

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dinoo (50) 7 years ago

In other words,

STEEM price fell to a level where powering down and making a payout is not so attractive anymore.
Due to HF 19 end of whale no-voting experiment those accounts/people can earn now good when keeping the SP and using the power for voting.
Payouts from the last few weeks are enough to cover expenses for a while. More payouts not neccessary for now :D

$0.10

1 vote

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davebrewer (59) 7 years ago (edited)

Those sound like good potential explanations.

Add as a (4th), the big guys are feeling real good about the future of steemit and want to be holding when price of STEEM goes to $4.70

STEEM On !!

Dave

$0.14

1 vote

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dinoo (50) 7 years ago

Make that $10 and we have a deal : )

After STEEM came out of long-year 7-20cents hole and finally prove its value potential whales hold for long term value explosion. Who wants 100k today when you can have a Million next year?