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RE: Daily Steem Stats Report - August 17, 2017

in #steemit7 years ago (edited)

Another major issue from your statistics is (more than half a million steem) 567,766 STEEM powered down only yesterday viz-a-viz (about a quarter of a million) 252,523 steem . This shows that there was twice as much power down than there was power up. When too much liquid steem is available , the price that is already down will continue to go down. I think steem needs to be scarce to drive the price in the upward trend. Hopefully, this down trend for steem will change after summer holidays. Thank you so much for sharing, @penguinpablo.

Kind regards,
@maryfavour for @redfishpillar.