STEEM did not MOON after HF 21-22 BUT metrics are looking better. Check this out !

Dear Steemians,

As I wrote in previous blog posts, I reinvested in STEEM ahead and after the HFs.

After cruising, interacting and curation Steemians posts, I can say now I like the #newsteem better than the old one. This is a feeling but I believe people came back to the platform and interractions / payouts are less skewed thanks to some bots switching to curation and some whales “playing the game”.

Below I am going to share with you some datas that I believe should make us optimistic about STEEM future.

As seen in @penguinpablo ‘s statistics (link here)

  • Accounts transacting are increasing steadily since last week to reach 39,647 on week 36 of 2019 (vs 34,958 the previous week)

STEEM Power up !

  • Most importantly, the Net Power up was STRONGLY positive last week at +977,939 ! Something we didn’t see for months !
  • As shown in the tables below, Week 33 saw the biggest net power up at 363,873 STEEM over the past 8 weeks.
  • To add to these great numbers, other Steemians (as myself) have been BUYING STEEM on Exchanges ! More than 1,145,000 STEEM have been purchased FROM exchanges

In addition, do not forget that @steemit inc. announced they would pause their power down for a few weeks which should help STEEM prices.

Daily Users

Looking into @arcange statistics I could also some good news, Active users remain stable and sit at the top range of the past weeks (c.40k daily). If we continue to promote and curate good contents, these numbers could be finally increasing and sit passed 50k as it used to a few months ago

Transactions

Transactions on the STEEM blockchain are also healthy and should remain high as many projects continue to onboard users (@steemmonsters, @actifit, @steemhunt, @appics, @esteem …)

Inflation

As stated by @jrcornel, STEEM inflation is quite reasonable versus other altcoins and is supposed to decrease below 8% in 2020 to reach 0.95% in 2037.

Here is the table of STEEM’s inflation rate

Year Supply Inflation New Supply
2016 250,000,000 9.50% 23,750,000
2017 273,750,000 9.08% 24,854,398
2018 298,604,398 8.66% 25,854,554
2019 324,458,952 8.24% 26,727,942
2020 351,186,894 7.82% 27,452,027
2021 378,638,921 7.40% 28,004,740
2022 406,643,661 6.98% 28,364,989
2023 435,008,650 6.55% 28,513,181
2024 463,521,832 6.13% 28,431,762
2025 491,953,593 5.71% 28,105,742
2026 520,059,335 5.29% 27,523,204
2027 547,582,539 4.87% 26,675,768
2028 574,258,308 4.45% 25,558,997
2029 599,817,304 4.03% 24,172,733
2030 623,990,038 3.61% 22,521,348
2031 646,511,386 3.19% 20,613,886
2032 667,125,272 2.77% 18,464,106
2033 685,589,378 2.35% 16,090,399
2034 701,679,777 1.93% 13,515,587
2035 715,195,364 1.51% 10,766,608
2036 725,961,973 1.08% 7,874,074
2037 733,836,047 0.95% 6,971,442

Current Price and Market Cap (53,472,257 USD). Sits at Rank 80

Maybe we are sitting at the bottom, only time will tell, but overall I want to emphasize that this #newsteem as much higher changes to go up than before for all the points mentionned above.

I know that you all probably believe in STEEM if you read this, we have to continue to get the words out as some of us are doing on Twitter or other social medias.

What do you think?

I would love to hear your opinion on this subject. I will set a 10 STEEM @steem-bounty to open the discussion.

@vlemon

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