STEEM Power Up vs Power Down

[socky]

This is 10 months of data collected

This data is the total amount of Powering Up and then subtracting the total amount of Powering Down. If the total is positive, then there was more powering up than powering down. If the total was negative, then there was more powering down than there was powering up for that day.

The interesting take away are:

• You can clearly see that the overall powering up is higher than the powering down
• There is a substantial increase in the daily amount of power up that has taken place over that last month and a half
• The total of Power Up/Down has gone negative only three times in the last month and a half.

I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/simple-steemit-rewards-breakdown-how-it-works-since-hf20

For a breakdown of Steemit Keys:

https://steemit.com/life/@socky/do-you-understand-your-steemit-keys

For a breakdown of why Steem Power is Important:

https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read

How to improve STEEM payment system:

https://steemit.com/steemit/@socky/introducing-the-hand-shake-and-how-it-can-revolutionize-steem-blockchain

Comments

[silvertop]

Thanks for the update!
Have a safe and Happy New Year!!! 🤗
Resteemed 👍This is good to see @socky, and that’s what I am up to........ Powering up more tomorrow 😊

[socky]

Wish you a wonderful new year celebration and a bright future.

[silvertop]

Thanks @socky you as well 🤗

[doomsdaychassis]

I power it us as I get it. That is about all I can do. lol

[socky]

Fantastic. Hopefully it will pay off and support your hobby.

[mwanjo]

I love your work.
This stats are very important at times like when the market prices for cryptocurrencies are the way they are. This is such an encouragement to me.
Thank you.

[sketch17]

This is a good sign i think, people should stay on steem and grow all together,✌️

Posted using Partiko Android

[chekohler]

Hopefully we can continue this trend we really need to start removing liquid steem off the market if we have any hope of increasing the value of steem! Let’s put SP in the hands of people, projects and communities looking to make a difference

Posted using Partiko iOS

[minimining]

Do you see this as a sign that people think the value will go up. They save it for the better future. Because in other ways people want to power down and sell??

[chekohler]

Well there is an insane amount of cheap steem on the market right now so there’s an incentive for people like us who are active to pick up more!

Still a long road thought around 18million dollars worth of steem needs to be locked away for us to look at having $1 value again

Posted using Partiko iOS

[socky]

I don't agree with this comment.

[vinrvv]

Can you please tell us, where you got this data?

[kawsar210]

hello!
your post is very good.
I am new here.