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RE: Steem Total Value Powered Up - $50 million - February 13, 2022

in #steem3 years ago

I don't want to bother you too much. Your statistics are already quite comprehensive.

current_supply can be found here: https://steemit.com/hive-130095/@steem.history/steem-system-config-222-15

The second point can be taken from a similar post, say, six months ago. Draw a straight line on two points and it will be close to the truth. But you don't really have to worry about that.

From your Daily Changes chart, I can conclude that Power Up depends largely on the price of STEEM. People traditionally hold STEEM while the price is high and sell when the price falls, although the opposite should be done. Classic.

The downside is that the linear trend is still downward. Therefore, the bull market can not be expected.

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Thanks for the link! I was also thinking that I might be able to estimate it for historical numbers since I have saved the market cap and I can calculate the price from the saved values for USD and number of powered-up STEEM. I don't know if I'll have time this week-end, but I'll try to add this.

I don't know if I'll have time this week-end, but I'll try to add this.

I will be interested to see the result.

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