DAILY STEEM REPORT JUNE, 23TH ★ STEEM 2.17$ + 3488 New Accounts

in #steemit8 years ago

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Numbers are going nuts, guess Steemit starts to go viral, even the price starts to go up again!

Number of Posts, new Accounts and Authors are only going in one direction: UP!

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Again, big green day and it will grow up at a increasing rate and probably up to 500k members really shortly. It is good news that the steem price go up, however sbd is growing so fast too so i miss my chance to convert more steem power :(

Can anyone tell me the correlation between many members and the convertion?
Thanks Wiedy :)

There will be no perfect correlation but let say if you think steem price is going to go up, a reasonable move should be keep your steem as power as it represents a equity like in the company, so when steem goes up so as your equity value.

And the numbers of members definitely drive the steem price because what happen to steem price if there is no members here? It is just nothing.

I'm happy to see the price going up again, I did post with my prediction on it and doing exactly what I said it will do in the next 24 hours or couple days.. you can check the post here..https://steemit.com/cryptocurrency/@lindo/steem-and-xem-price-prediction-in-the-next-24-hours

Very cool, Love it, upvoted and Follow! Good Stuff!

Thank you... I'm happy you found my prediction useful, thanks

Awesome. Thanks for the updates. So where do you do find or see the rewards pool that you're talking about dropping for 3 days?

Upper right corner in the first Picture. Check my historial posts, and you know what I am talking about...

Ok. Thanks.

Ok. So I'm pretty new here. But what does the rewards pool number mean if I may ask. I see 1.489.251. Is that 1 million plus steem? And where does the money come from that's put into the rewards pool? Thanks for your answers and time.

its 1489251 Steem. Steem has an inflation of 9% per year, so 9% more Steem are created every year, divided at 365, thats how many Steem goes to the pool every day. At the moment more Steem are getting drained then coming in.... everyone is voting more then normal after HF19. But i guess it will balance itself soon....

Oh ok. That makes sense. So are these steem being mined? Sorry for all the questions. I really appreciate your answers. Thanks.

On the beginning they where mined but now the mining is done by the witnesses.

Ok. Thanks. I did not know that.

Thank you for this statistic. I Think it´s a good time to invest.
Hopefully Germany is waking up :-)

It's always a good time to invest in Steem :)

Thank you for posting @elyaque.

It is looking dynamic.

All the best. Cheers.

Thanks :) It's looking fantastic!

Amazing growth for steemit... after HF19 things are looking very much different and i believe steemit has now in the race to become the best social media platform.

Agree with you, now the Rewards are more balanced everyone have more fun :)

Finger crossed, we all want price to be 10+

this fork really rocked steem

Thank you for this statistic,great news

Full Steem ahead!