All the transactions on the blockchain are public. It is easy to see if STEEM is leaving the platform, and flowing into the 3rd party exchanges, or if STEEM is leaving exchanges and being powered UP.
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All the transactions on the blockchain are public. It is easy to see if STEEM is leaving the platform, and flowing into the 3rd party exchanges, or if STEEM is leaving exchanges and being powered UP.
I think long term its going to work so I have been constantly powering up as the price has been falling. I bought my first SP back in June before the first payout. If only I would have put more in then....LOL! My first $1000 did a 17x when Steem was at $5. Looking at Steemd.com looks like we are up to 80,000 users by end of Aug. Is there a steemtool.com you like to look at to see the money flow?
I made my own tool in Python. Also, the 80k users are not all real. A lot of it is bots and name-squatting.
I do adhere to the same philosophy, my plan it to just DCA into STEEM and power up.