BREAKING NEWS: I am pleased to announce that Tuesday saw a Jaw Dropping 646,711 Transactions registered on the STEEM Blockchain ..... or 1 every 0.13 Seconds..!!

in #steemit7 years ago

DAILY TRANSACTIONS



I am excited to announce that Tuesday saw a Jaw Dropping 646,711 Transactions registered on the STEEM Blockchain..!!

Let's just repeat that a few times....

646,711 Transactions registered on the STEEM Blockchain..!!

646,711 Transactions registered on the STEEM Blockchain..!!

646,711 Transactions registered on the STEEM Blockchain..!!

LAST 10 DAYS TRANSACTIONS

12-Jun-17 = 405,474 Transactions

13-Jun-17 = 474,322 Transactions

14-Jun-17 = 525,522 Transactions

15-Jun-17 = 505,780 Transactions

16-Jun-17 = 489,564 Transactions

17-Jun-17 = 461,567 Transactions

18-Jun-17 = 465,945 Transactions

19-Jun-17 = 503,567 Transactions

20-Jun-17 = 646,711 Transactions

21-Jun-17 = 547,149 Transactions

WHAT IS 646,711 TRANSACTIONS

646,711 Transactions per day is..... 26,946 Transactions per hour, 449 Transactions per min .....or 1 Transaction every 0.13 Seconds..!!

If this does not warrant popping open the champagne bottles, nothing does.

This is a STELLAR PERFORMANCE and one that has to be Shout Out from the roof-tops.

TECHNICAL ANALYSIS

Throw out those garbage Mickey Mouse Technical Analysis Signals that have been around since the 1970's including: Fibonacci, RSI, MACD etc as they mean jack shit when you have an EXPONENTIAL GROWTH we are witnessing here.

Four years ago I developed a very powerful Technical Analysis Tool specifically to capture an event we are currently witnessing with the growth of STEEMIT.

The Tool was built after +10 years of studying the effects of Algorithmic and HST that has dominated the market for over 20 years and remains so.

This Unique & Dynamic dMAmapping⇗⇗⇗⇗⇗⇗ Software though it has been challenged on countless occasions as NEVER been proven anything but RIGHT..!!

Until such time as our dMAmapping⇗⇗⇗⇗⇗⇗ Software is showing signs of things slowing down I will remain..... STRONG BULLISH and STRONG UNDERVALUED despite what the Mickey Mouse Technical Analysis Signals are telling us..!!

TARGET PRICE

Year End Market Capital = +$1.1 billion.

Year End Target Price of STEEM = +$4.70..!!


Thanks again for reading.

Stephen

Sort:  

Shared on LinkedIn. Stephen

wow !! So encouraging !!
Your prediction seems really achievable now, with so much traffic, and growing at this pace, we might get there before the end of the year.

Not a big fan of champagne but will open a craft beer (IPA) instead .

Cheers!!

Shared on twitter. Stephen

The token price will follow the network stats when enough information is dispersed. Steemit is still crypto's best kept secret!

"The token price will follow the network stats when enough information is dispersed. Steemit is still crypto's best kept secret!"

"The token price will follow the network stats when enough information is dispersed. Steemit is still crypto's best kept secret!"

"The token price will follow the network stats when enough information is dispersed. Steemit is still crypto's best kept secret!"

......now and again a comment comes in that is SO TRUE it just has to be repeated a few times..!! Stephen

That appears to be the highest a blockchain has ever done in production in 24 hours. Correct me if I'm wrong, it beats the previous record held by BitShares.

http://cryptofresh.com/charts

Like @gigafart said above, "Steemit is still crypto's best kept secret!" I could not agree more. At <$1billion STEEM is cheap, it is VERY CHEAP..!! Stephen

This is truly a STELLAR PERFORMANCE... what more we could ask for...definitely we will blast the champagne bottles.. Cheers @stephenkendal

Thanks for statistic about DAILY TRANSACTIONS
have a great and sunny day

You are very welcome and likewise have a great day. Stephen

This growth is no longer Linear - Dare I say Exponential...Scary Growth. Go Steem Team!

1rb76z.jpg

HF-19 certainly had an effect on the platform... We'll see a rise in transactions because of this going forward. We'll that's my expectation. What do you think?

thx for this information ! very important for all users

You are very welcome. Stephen

Thanks, great article !

Thank you and thanks for the support. Stephen

great post...
Capital = +$1.1 billion.
steem=$4.70 excited

Thanks dude, 100% upvoted @chanthasam

Those are crazy stats

Thank you for the stats resteem

You are a very clever man Stephen. I am so happy for you :) Thank you for sharing your success!

Pretty amazing. Very cool stats and you can feel that the vibe and enthusiasm matches. I now miss posting comments on steemit if im too busy. Whenever I viewed Facebook i annoyed myself that I would even bother to look.

Thankyou for that goodnews !!

That's great news. Thanks for the info. Go, go, go steemians.

Bitcoin who?

Time for some rejig in the crypto world.

All coins other than Steem should be called Altcoins !

That is absolutely ridiculous haha.
Steem seems unstoppable at the moment
Steem on!

steemit can go to $5 very soon.

Wow that'e impressive numbers. To put that into perspective, Etherem does around 200,000 transactions per day. So that's 3 times more than ethereum. This is a sleeping giant :)

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See the full rankings and details in The Daily Tribune: Jun 22 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

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Thanks for the stats and Great info bud, Now following <3

I seen a post of how steemit works i like steemit better then youtube.

thanks for the info!


I did my best.
Posts

comments

actually there was a bunch more.
but this was what I could find easily

Compared to the mempool issues for Bitcoin, it seems like more transactions just make STEEM more valuable showing its ease of use and value - whereas too many BTC transactions simply grinds the network to a halt and sends fees through the roof.

What tool are you using to capture the transnational data? I'm very interested in doing more technical analysis as well! Will be following you for more content.