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RE: Vlog 254: Weiss cryptocurrency report #9 + STEEM lost its B- rating due to price decline + Powerdown Statistics.

in #life7 years ago

The C rating and the powerdown statistics are separate topics.

Uh correct me if I'm wrong but: powering down is a natural part of being on the platform.

It is. But at the moment more people want to powerup liquid/newly created STEEM instead of selling it. That Is a positive sign for me.

It's not a shock at all that is why I wrote:

Just like last week, the numbers look great.

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Right on thanks! I admit I shoot my mouth and I'm more edgy than I need to haha. I did address the C rating in an edit also, IMO it came at a time when there was some kind of rally happening, which would naturally deflate eventually. I mean it could keep going but don't bet on that.

Indeed that is a good sign, you do have to wonder who all these people are who power up and why. But still that's nice. Indeed you get a bit more utility out of the platform when you power up or even delegate than have SBD sit in your wallet doing nothing.

And thanks for your insight! Much appreciated.