Welcome to my Steem Stats Report for Thursday, September 21, 2017. All data comes directly from the Steem blockchain and is based on UTC time.
I've added 2 extra charts to my report today about the activity on Poloniex. Over $1.2 million US dollar worth of STEEM was withdrawn from Poloniex yesterday.
1. Daily number of Posts (including comments)
![](https://steemitimages.com/DQmZ62pwdCzMrbMcDez78PLsSfyB7T1fU8oRQ6H62L7XsZ7/image.png)
Date | Posts |
2017-09-20 | 95,534 |
2017-09-19 | 95,225 |
2017-09-18 | 93,796 |
2017-09-17 | 82,441 |
2017-09-16 | 78,991 |
2017-09-15 | 95,381 |
2017-09-14 | 102,561 |
2. Daily number of votes
![](https://steemitimages.com/DQmZJDCdtAJChuXUHpL5cfBux41XXKPQhY6Xyrrqb2RJqku/image.png)
Date | Votes |
2017-09-20 | 393,642 |
2017-09-19 | 396,667 |
2017-09-18 | 354,670 |
2017-09-17 | 335,284 |
2017-09-16 | 318,786 |
2017-09-15 | 361,108 |
2017-09-14 | 349,770 |
3. Daily active users
![](https://steemitimages.com/DQmPWvPR9HnEU52ZFusSKA3hBGXyrj4qywJvecW3oLQHeKL/image.png)
Date | Active users |
2017-09-20 | 28,600 |
2017-09-19 | 27,141 |
2017-09-18 | 27,789 |
2017-09-17 | 25,474 |
2017-09-16 | 24,645 |
2017-09-15 | 25,914 |
2017-09-14 | 26,280 |
4. Posts + Comments per post
![](https://steemitimages.com/DQmd8c46TNnLcTCsbGnvA28Z4Cuces4EzzHTtSd1CsAkds4/image.png)
Date | Average # comments | Posts |
2017-09-20 | 2.98 | 24,012 |
2017-09-19 | 2.92 | 24,270 |
2017-09-18 | 2.93 | 23,888 |
2017-09-17 | 3.01 | 20,583 |
2017-09-16 | 2.78 | 20,875 |
2017-09-15 | 3.03 | 23,671 |
2017-09-14 | 3.12 | 24,901 |
5. New accounts created
![](https://steemitimages.com/DQmaoSfakfPfgD47g3DK6d8ztN8HqfHYVAkpCrZ6NS3kA6t/image.png)
Date | New Accounts |
2017-09-20 | 744 |
2017-09-19 | 1,194 |
2017-09-18 | 2,273 |
2017-09-17 | 387 |
2017-09-16 | 582 |
2017-09-15 | 1,535 |
2017-09-14 | 1,950 |
6. Daily Amount of SBD converted to Steem
![](https://steemitimages.com/DQmX5hrPdHPPJnzL75Dz5dw1A9Jbqq8aG7xJqRVxqmcnZ2o/image.png)
Date | Amount in SBD |
2017-09-20 | 10,177 SBD |
2017-09-19 | 1,512 SBD |
2017-09-18 | 6,182 SBD |
2017-09-17 | 11,077 SBD |
2017-09-16 | 17,381 SBD |
2017-09-15 | 28,387 SBD |
2017-09-14 | 87,901 SBD |
7. Daily Amount of Steem Powered UP & DOWN
![](https://steemitimages.com/DQmUV12orxRakc3NKrUWdkDZmUyJxzXXbu5S24ig59m24fk/image.png)
Date | Powered UP | Powered DOWN | Difference |
2017-09-20 | 194,189 STEEM | 474,868 STEEM | -280,679 STEEM |
2017-09-19 | 120,241 STEEM | 175,248 STEEM | -55,007 STEEM |
2017-09-18 | 118,603 STEEM | 132,313 STEEM | -13,710 STEEM |
2017-09-17 | 93,521 STEEM | 93,575 STEEM | -54 STEEM |
2017-09-16 | 102,229 STEEM | 72,741 STEEM | 29,488 STEEM |
2017-09-15 | 260,946 STEEM | 527,812 STEEM | -266,866 STEEM |
2017-09-14 | 248,741 STEEM | 149,041 STEEM | 99,700 STEEM |
Average p/d | 199,097 STEEM | 242,814 STEEM | -43,717 STEEM |
8. Daily Steem Transfers from and to exchanges
![](https://steemitimages.com/DQmPegGKTEHbpnNfaCcYS9rTsnmoHsTqcD4aN7SQRHRYEjW/image.png)
Date | From Bittrex | From Poloniex | To Bittrex | To Poloniex |
2017-09-20 | 136,755 STEEM | 1,162,393 STEEM | 526,077 STEEM | 9,160 STEEM |
2017-09-19 | 29,950 STEEM | 313,486 STEEM | 317,619 STEEM | 238 STEEM |
2017-09-18 | 44,937 STEEM | 0 STEEM | 170,448 STEEM | 0 STEEM |
2017-09-17 | 30,269 STEEM | 0 STEEM | 107,310 STEEM | 0 STEEM |
2017-09-16 | 86,876 STEEM | 0 STEEM | 38,682 STEEM | 100 STEEM |
2017-09-15 | 68,109 STEEM | 0 STEEM | 146,541 STEEM | 0 STEEM |
2017-09-14 | 104,262 STEEM | 0 STEEM | 191,827 STEEM | 0 STEEM |
9. Hourly Steem Transfers from and to exchanges
![](https://steemitimages.com/DQmd1xJbfPpWk1mPX3rwKzLrJaE2xEB5xvHUNzvyn7sKMhH/image.png)
Date | From Bittrex | From Poloniex | To Bittrex | To Poloniex |
21-07:00 | 0 STEEM | 0 STEEM | 0 STEEM | 2 STEEM |
21-06:00 | 283 STEEM | 805 STEEM | 1,174 STEEM | 89 STEEM |
21-05:00 | 89 STEEM | 3,751 STEEM | 2,011 STEEM | 568 STEEM |
21-04:00 | 156 STEEM | 9,841 STEEM | 7,862 STEEM | 90 STEEM |
21-03:00 | 4,235 STEEM | 6,989 STEEM | 2,173 STEEM | 23 STEEM |
21-02:00 | 1,120 STEEM | 4,483 STEEM | 5,070 STEEM | 3 STEEM |
21-01:00 | 434 STEEM | 29,246 STEEM | 28,765 STEEM | 0 STEEM |
10. STEEM stored on Poloniex
![](https://steemitimages.com/DQmYhA87wMHJEUgMmkfTDUbKg2BjvxSTDs7AHjeAG5A37gS/image.png)
11. Steem Price Update
![Steem Price Update.png](https://steemitimages.com/DQmXiimWEzPNw4VawMLnoKVZsoqnSR7e4fjYqTvZu1mq7wf/Steem%20Price%20Update.png)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmRgSJ9R51ZsVfH52djSRQbfrq5eGbN2d8zFZrG5es789g/image.png)
¯\___(ツ)____/¯ Follow me @penguinpablo for daily Steem statistics.
Great info
Thank you, @penguinpablo for the useful stats.
Noteworthy:
1- 1,162,393 STEEM withdrown from Polo. If it was transferred to a Steem account, then that is great. It would be great if someone can check it.
2- 474,868 STEEM of power down on one day! That is really bad. Most probably, this amount is going to be sold, causing high pressure on the price.
Based on the prices of the other cryptos, it looks like sustained selling by many. Each time BTC goes above $4,000 the big sellers would appear. This serves to dampen the mood and confidence of those holding other cryptos. STEEM isn't immune unfortunately.
Being a trader, I'm playing safe too. Although I'm not selling STEEM, I'm not buying either. Usually I'd add STEEM whenever the price goes down. But not this time. Instead I'm converting my unused BTC to USDT for the time being.
Those are uncertain times. Maybe what you did is wise!
Will only know whether it's wise or unnecessarily over-cautious in retrospect. After the facts. I suppose each of us will have to come up with his/her own general strategy in handling these coins and volatility. There's no "One size fits all".
This particular strategy suits me, my particular psyche. But others may have more nerves, or can afford to risk much bigger sums. So their strategy and approach should be different.
For now, or at least over the past several days, converting part of my Bitcoin (meant as capital for trading) to USDT was indeed a good decision. Had sold these at around $4,000 - 3,900.
With the market like this, having USDT instead of BTC sure helps to calm my nerves. It's no fun seeing BTC going down near to the $3,500 level...with the possibility it might go lower still until it finds a new footing.
Does tether seem shady at all to you? I guess I dont really understand how a blockchain can make units available and unavailable as to be perfectly aligned with usd on multiple coin exchanges... Honestly I like your strategy, and from what I can see there are four options - buy usd on bitfinex, buy tether, buy golos gold, buy steem dollar - but again , aside from the first option - i dont understand how these units regulate... - Anyone?
I don't know about "shady", but I'll admit there is some concern. Unlike Bitcoin, there's the counterparty element at play here. Holders of USDT and similar are banking on the counterparty to make good their undertakings.
Sure, they might be in the position right now. But what about the future? When push comes to shove, they will be taking care of their interest first and foremost. Obligations might only be partially met, renegotiated...or not at all where they abscond. Leaving holders high and dry.
This isn't "real US$" - regardless of what one may think of the US and other governments, they have real power and access to various resources. With US$, euro, yen and other fiat, holders will "get something" although the value might be less.
So, despite having some USDT, I regard this as just a temporary measure for the immediate and short term. After this I will either buy back BTC and keep; or send it to an exchange where I can sell for Malaysia Ringgit (because this is where I'm living).
Golos Gold... I've heard of that name before. Thanks for mentioning it. I will do some research and see whether it can also be a convenient and reliable alternative during moments of turmoil in the crypto market.
At the Tether website, the proponents/counterparty says all USDT is backed by the same amount in US$. There's also a link for holders and interested parties to check on this and audit.
All well and fine I suppose. But I'm wary when it comes to money. Especially in today's market where holders live throughout the world, as with the issuers and proponents. Should something happen, it's not like we can drive downtown to some office and demand to see some officer.
Be your own bank, as with the slogan at Blockchain.info (I think). When that's the case, WE have to make allowances for the security of out assets too. For now, USDT and its kind look okay enough. But I'd remain cautious and not place too much trust in them.
Yes - Lets say in the future BTC hits $8000 (or more) and then begins to crash - and by that time Tether has gained popularity - and so 20-50 BILLION dollars pour in - I just dont see how in the world they could immediately have those kind of USD assets at their disposal...
USDT?
US Dollar Tether - "Counterfeit US$" :) If I'm not mistaken, it's a service started/backed by Bitfinex. Not fully sure though.
But anyway it's a convenient option for crypto market traders during times of market turmoil. Especially those without a US$ bank account. Exchanges like Bittrex etc. offer USDT which can be bought or sold with Bitcoin and several other coins. Ethereum, Dash etc.
So it's a pegged currency like $BD and bitUSD on BitShares. The question is how closely it follows the 'real' dollar ;)
At the moment, not far off. In fact it has been fairly comforting to me over the past several days, to not be bothered too much by BTC's price. The USDT 's value remains more or less the same.
However, I do have other cryptos too besides STEEM in my portfolio. So if the general trend is downwards, the overall portfolio value declines too although having USDT does help to mitigate.
Nice, I think it is time to buy BTC however now that it is so low. Or do you have doubts any crypto might overtake it? Would be interesting to see what @Clif High says, he's not active on Steem, crazy stuff he says on YouTube, he has some webcrawler bots and I think uses Machine Learning to do sentiment analysis.
Regarding HODL there's this trader on #Dvideo making a lot of money buying low selling high so..
Either the steem went to a personal account or to annother exchange. There is no third alternative. Or am I wrong?
Wish there was a hardware steemwallet!
This comment has received a 7.50 % upvote from @lovejuice thanks to: @sadekj. They have officially sprayed their dank amps all over your post rewards. GOOD TIMES! Vote for Aggroed!
Great information and this is really good to see. Hopefully this trend continues. This should have a positive effect on the long term Steem price. Also, very good to see the daily active users so high at 28,600. I wonder if that's a new record high? Everything for the most part is moving in the right direction and eventually should attract some investors.
Yes, it's a new record :)
Slightly higher than 28,144 active users on August 31.
How can SBD be converted to Steem except from the inefficient promoted service?
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I don't like the trend of the user stats.
Total posts are trending down. The number of comments per post is trending down. Power downs are trending up.
Active users and voting numbers are trending up, which may likely be increased automation, based on the actual posting stats. Only 7.5% of the nearly 380,000 accounts are "active users" - and we know that a large portion of these "active users" are bots or accounts that use some form of automation, unless voting alone doesn't count as being active.
We seem to always see this when prices are dropping or have dropped. If Steemit is only attractive for users when prices are higher, then we have a problem...still.
Toxic. I knew you still had it in you.
Great thread. Good to see some different perspectives on this. .. Can I ask what types of abuses were exploited in the winter and spring?
I think you're right. Sadly...
Here is a weekly chart of the number of posts in the last 5 months.
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmRpd9M5NgPZQNfexdPkUjB8V1BK2dbY94Qn6HnJwU7Lbf/image.png)
We're not really growing anymore. On the other hand, the weekly number of posts is still much higher (+10x) than in the beginning of this year. But I agree we really have to do something to fire up the growth again.
Well, we have the same old problem. The site apparently isn't worth using except for the potential rewards. And even that doesn't do a good enough job of retaining users.
But what did we see from Steemit, Inc. today? A change to the welcome page that only focuses on the money-making aspect of the platform, probably thinking that the money alone is the big draw here. They're obviously not getting the hints or just don't understand what the hints mean.
Steemit Inc. seems to be focussed on easy on-boarding processes and on promotion to increase the total number of users, while ignoring user experience and user retention, and the image of "scheming at the top, pennies at the bottom" that, true or not, is spread by disgruntled users.
Some expectation management (you mentioned elsewhere), a better Steemit with more social-media functionality, measures to reduce the number of slippery, scheming reward-pool rapists, and a more flat income distribution where eventual income is less dependent on how much you already have or even a cap on maximum pay per post (filthy socialist, me, go on, say it) would go a long way to reduce the number of disgruntled users who don't do Steemit's image much good even if they are wrong.
Well the new users are not investing in Steem so I don't think that it is a bad thing. Got it here: Steemit’s Three Major Problems
I am a new user and I invested in steem power. I believe the biggest value of the platform is that I hold the keys to my digital online presence. I am using this place to connect with new people and telling all my friends I found a new digital home. I gave up posting in the other platforms and being forced to view ads. The part that it pays you some rewards instead of some shareholders that adds no value is a bonus. It is not the easiest system to use but then again neither was the internet in 1993.
Thanks, that's a good comment! Internet in 1993, yeah Steemit is a bit sparse, I miss friends-feeds and some niceties which you could have with Machine Learning, I also miss that you cannot message anyone, that kind of sucks but I understand its abuse potential.
What I'd really love if Steem could be extended by the community, to have a Reddit and Quora, WikiPedia etc. That would be really interesting! Thanks for commenting!
Thank you for the reply. I want to see voice replies and am working on the idea. There is something magical about the voice and I hear some of you on whaletank and I feel more of a connection. I see infinite possibilities.
dont witdrow, it will rise! stay with steem!
1 Million Steem withdrawn, that feels like a massive power-up happening in an army of whales. So much power, so much might, it feels a bit scary for a small minnow like me...
But it seems the problems with withdrawing from polo is definitely a thing of the past now, so that's good :)
upvote and reSTEEM
To where did they withdraw it? To their steemit accounts?
In most cases to their Steem wallets. Some moved it from Poloniex to Bittrex.
& Steem is at the bottom, imagine if a rise occurs..