STEEMIT: Despite the depressed value of STEEM the Community continues to grow.steemCreated with Sketch.

in #steemit7 years ago

DAILY TRANSACTIONS


Yesterday once again saw a high number of Transactions on the Blockchain at a total of 149,350 Transactions.

This high level of Transactions confirms once again the strength and resilience of the Community despite the depressed value of STEEM.

The growth of the Community is reflected in the trend of the 200dMA (200 day Moving Average) which is at an all time high of 101,481 Transactions and is showing no signs of slowing down.

TECHNICAL ANALYSIS - dMA's


Last 10 days - 200dMA's - Trending to the UPSIDE.

Fri-03-Mar-17 = 100,041 ⇑

Sat-04-Mar-17 = 100,116 ⇑

Sun-05-Mar-17 = 100,219 ⇑

Mon-06-Mar-17 = 100,371 ⇑

Tue-07-Mar-17 = 100,471 ⇑

Wed-08-Mar-17 = 100,691 ⇑

Thu-09-Mar-17 = 100,876 ⇑

Fri-10-Mar-17 = 101,073 ⇑

Sat-11-Mar-17 = 101,213 ⇑

Sun-12-Mar-17 = 101,481 ⇑


TOTAL NUMBER OF TRANSACTIONS

The total number of Transactions now on the Blockchain stands at 25,441,258 Transactions and is once again a testament to the strength of the Blockchain.

CONCLUSION - TECHNICAL ANALYSIS

Despite the depressed price in STEEM which currently stands at Market Cap of approx $17 million....

Status Remains - STRONG (LONG TERM) BULLISH

Trend Remains - STRONG (LONG TERM) UPSIDE


Once again thank you for reading.

Stephen

Sort:  

Certainly the price direction does not reflect the growth of the Community. That's for sure..!! Stephen

You may want to have a look at today's NameCoin: + 269% in 24 hours when I was typing this! https://poloniex.com/exchange#btc_nmc

This is the kind of a buy pressure we are talking about that is waiting for STEEM. Trading cryptocurrencies can provide unbelievable returns when time is right...

Yeah, this is VC investing in the public markets. Crypto currencies already have such large networking effects and stubborn hodlers pushing them many will never die...LOL. Steem will make a massive come back once the sentiment changes. The fundamentals and community is here to make sure that happens.

Glad there is still growing activity... any idea whether this growing number of transactions walks hand in hand with more active accounts, or just the same core group being more active? It would be interesting to see this plotted against (for example) the number of 7-day active accounts.

That´s good news! Thanks for your efforts and for making these numbers available, Stephen
Resteemed

AWESOME..!! A massive Thank You. Stephen

Is it possible the daily transactions are going up because we have a little experiment going on where whales are countering other whale votes with downvotes on just about every post? I am not sure what exactly a "transaction" covers, but that would be my guess why we are seeing the increasing numbers of the last day or so.

@candyman I wanna say a big thank you for the upvotes you have been giving me.my heart leaps everytime I see my post go from zeros to more than a dollar. A dollar for me is good enough and you are the only whale that has consistently given me upvotes.I hope you read this.thanks

You are right @candyman
It's a show of power sometimes on Steemit.

I never know you @candyman but your kindness has brought us together already I don't think I can forget your Upvoted to my post today, I really appreciate your support today thanks a million times. Your visit to my post is indeed a special one thanks once more.@nwagod4

probably not. there just aren't enough whales casting enough votes to make a big difference on numbers of that scale.

That said, the increased transaction volume is very unlikely to be anything aside from ongoing adoption of automated voting techniques. the "winfrey guild" alone probably accounts for 50k or so essentially meaningless transactions every day. And those big spikes are likley people like matrixdweller and asshole having tantrums.

Thanks alot
@candyman
I really appreciate you for work in my blog...

@candyman thank you very much for upvoting

@candyman my brother, long time. I agree with you sir.

Hmmmmmmm, it's well

thanks for the support @candyman

Hello boss @candyman, please check out my new post https://steemit.com/christian-trail/@bluehearted/anger and follow back please

Wow.... Didnt know the competition is so fierce that big whales have to counter themselves by down voting one another

Thanks alot for your upvote on my page, i really appreciate it, it means alot to a rookie like me

Cheers... Hope you see some of your post soon

Thanks @candyman for ur upvote. Deep inside my ♥ I really appreciate. It means alot to me.

I doubt that the recent experiment would have generated that many. May be a few thousand. Transactions include: votes, downvotes, posts, blogs, deposits, withdrawals .... on other words every time the blockchanin is changed. Hope this helps. Stephen

God bless candyman!💜

God bless you boss @candyman... You are actually the reason why some of us are still here.. Please keep helping us to grow.. I respect you 👑💰💲

Thanks you so much for the upvote @candyman keep on doing your good thighs, please don't forget to always check my blog @tegasweet

@candyman your observations are clear and true....I hope it will be resolve soon.cheers

thanks for appreciation

Hello @candyman, I hope you're a man for if you are your will be of gold. Thanks for your upvotes, I am sincerely grateful to you

Thank you sir for upvoting my post. I really really appreciate it. You don't know how much it means to me but let's just say that I'm very grateful.
I peeped into your blog and discovered you haven't written anything yet. I was wondering why this is so Sir as you could comfortably earn by blogging on your account too.
If I'm not bothering you, and if you dont feel inclined to commence writing anytime soon, I want to propose that I do the writing for you sir.

Once again, thanks for the upvote Sir.

Very good ..

Thanks @candyman for your contribution and support to newbie in this community. One might see your reputation and just pass by but very few know that's a camo, I really want to thanks you for your upvote because it has saved few of my friends from bad situation and sorting out financial academic issue.
I sincerely want to say thank you, you may not know what your upvote has done for my friends but just know you have been a blessing to them.i also hope soon that I be able to attract your upvote too but for now I want to say thank you.

@stephenkandal it obvious, you are a whale and I will love to thank you to for anything whatsoever you might be doing for anyone out there. Thanks for touching lives and giving us a reason to believe in our selves.
Love you all.

I see you @candyman. Sticking around for your posts.

my post shot up to over a dollar. I was wowed. I checked and saw. it was @candyman. its amazing, since I don't know you. Thanks for the boost!

thank you for upvoting my post you cant tell how much it meant to me thanks for your support and upvote

@candyman I am really speechless at your manner of love and sweetness. Just yesterday I noticed you blessed me so much by upvoting majority of my post. For this singular act of kindness I drop a prayer in my heart for you. You are an amazing person, God bless you richly for your upvotes you put smiles on my face.
Would ensure I write more quality post even as a newbie, thanks for your support @candyman you make me happy.

The price is on the way up again. Still finding the right level. As long as I make something I'm happy

Hi. I have earned nearly $60 from 6 posts. I don't much care for the money. I just like the platform.
I'm new here and don't know much about how it all works.
How would I go about donating my $60 to Wikileaks?
Thanks.

Ring them up. Stephen

Thank u very much boss @candyman. I really appreciate. You are the reason why I'm where I am now. Thanks alot and may God bless you.

Also please correct one of your earlier post on Vault7 or I will be forced to flag it as inaccurate or misleading. I've left a comment in the post outlining why.
Please don't feel I'm being rude obnoxious but I feel it is important to get things right.

Thank you.

I will not change anything and stand by EXACTLY what I say. I guess you have a lot to learn about what is about to come from Vault 7. Like I say I will NOT change anything and wish you luck. Stephen

But it is lies Steven. How can you justify that?

You seem like an intelligent reasonable guy. I urge you to please make the amends to the mistake you made in your #Vualt7 post.
I know that wasn't the point of the post but people read it. A lot of people aren't as clued up on it than others and could read that comment as gospel. That's how rumors and disinfo starts.

If you don't remove or correct it I will have to assume you have a political agenda of some sort to sway public opinion on Wikileaks.

If you have a problem with Wikileaks that fine. Write about it and back it up with facts. If you don't have a problem with Wikileaks then you will have no problem with correcting it.

Thank you Stephen.

Like I say I stand by everything I have said and will not change anything I have said or posted. I have nothing but respect for WikiLeaks and respect the work they do and how they have handled the release of Vault 7. Like I said good luck. Stephen

Stephen. You are lying.

You contradict yourself. How can you respect Wikileaks yet let people believe they are hackers?
This does not compute.
I'd appreciate it if you didn't assume.
These are my posts over the last month. Including a fully sourced timeline of Assange leading up to Vault7.

VAULT 7 | Wikileaks releases part 1 - C.I.A. Espionage orders for the 2012 French elections

VAULT 7 | We take a look and it's scary as hell

VAULT 7 | The Mysterious Timeline of Wikileaks - FULLY SOURCED - NEW DISCOVERIES

VAULT 7 | C.I.A. Using 'Hacking Team' Tools and Emails

VAULT 7 | The C.I.A. Culture And The People That Make It Happen

I do know what I am talking about.

Your resistance to change it feels unnatural. I'm not trying to call you out and play games with you. Its common courtesy to make changes to mistakes that have serious consequences on peoples lives.

A downvote was applied to partially counter earlier whale votes as an experiment to reduce whale domination of voting influence. Not intended to express an opinion on the content nor result in a net reduction of rewards or reputation (automated notice)

Common smooth. This shit sucks! This guy is putting out content. I really value it. Let him have a few bucks for it.

This is taking the piss..!! I understand they want to do an experiment but this blog sits outside of any run of the mill stuff as it reflects what is happening in the Community. Usually I share this on TWITTER to encourage more to join STEEMIT but with these shenanigans going on how the hell can I promote STEEMIT without having to explain this generic experiment. A piss take doesn't even come close..!! Thanks for your support, I really appreciate it. A lot of work goes into this analysis and I am buggered if I am going to do it just to be flagged up..!! Stephen

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