USD values are calculated per day via API feeds from Poloniex (for STEEM and SBD values in BTC) and Coindesk (for USD value of BTC). For the hourly breakdown graphs, I show the USD values using the weighted average for that day. For the top 50 reports in USD terms, I then took the average USD value for STEEM and SBD for the week using the daily average which came out to:
- STEEM: $0.13477
- SBD: $0.99728
Previous Report:
- STEEM: $0.15198
- SBD: $0.99869
Assumptions
Please see the first report for a detailed explanation of my personal assumptions related to what this data could mean (along with commentary on previous reports). What it does not show is people powering up, powering down, or if they are buying or selling on an exchange. It's just some interesting data dealing with transfers to and from exchange accounts.
Previous Reports
28, 27, 26, 25, 24, 23, 22, 21, 20, 19, 18, 17, 16, 15, 14, 13, 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, 1
Top 50 Accounts Transferring to and from Exchanges: 2/12/2017 to 2/18/2017
First included transfer: 2017-02-12T00:10:51+00:00
Last included transfer: 2017-02-18T23:58:39+00:00
----------------------------- Exchanges ------------------------------
@poloniex STEEM transfer total: 793,844.237
@poloniex SBD transfer total: -3,106.746
@bittrex STEEM transfer total: 226,274.749
@bittrex SBD transfer total: 3,787.798
@blocktrades STEEM transfer total: 8,925.834
@blocktrades SBD transfer total: 1,064.859
@openledger STEEM transfer total: 6,421.106
@openledger SBD transfer total: -5.178
@hitbtc STEEM transfer total: -2,227.304
@hitbtc SBD transfer total: -0.444
@changelly STEEM transfer total: -33,636.969
@changelly SBD transfer total: -721.780
@shapeshiftio STEEM transfer total: -5,870.190
@shapeshiftio SBD transfer total: 0.000
@freewallet.org STEEM transfer total: 12,321.879
@freewallet.org SBD transfer total: 0.000
------------------------- Total Transferred --------------------------
Total STEEM transferred: -1,006,053.342
Total SBD transferred: -1,018.509
Total USD transferred: ($ 136,606.57)
-------------------- Withdrawal to Deposit Ratio ---------------------
Accounts withdrawing: 989
Average withdrawal amount: ($ 200.50)
Median withdrawal amount: ($ 10.43)
Accounts depositing: 103
Average deposit amount: $ 62.37
Median deposit amount: $ 48.13
Ratio of withdrawals to deposits: 9.60/1
TOP 50 WITHDRAWALS
| Account | Net Transfer Amount | |
|---|---|---|
| 1 | steemed: | ($ 32,508.70) |
| 2 | berniesanders: | ($ 20,216.25) |
| 3 | rainman: | ($ 12,438.38) |
| 4 | apollo: | ($ 9,997.57) |
| 5 | complexring: | ($ 8,665.33) |
| 6 | taoteh1221: | ($ 5,781.66) |
| 7 | wayfairer: | ($ 5,416.66) |
| 8 | aaron: | ($ 4,717.41) |
| 9 | silversteem: | ($ 4,519.99) |
| 10 | drunchpunk: | ($ 4,297.18) |
| 11 | smooth.witn.ssf: | ($ 4,043.25) |
| 12 | joseph: | ($ 3,191.15) |
| 13 | rpgwizard: | ($ 2,887.77) |
| 14 | cyber: | ($ 2,746.34) |
| 15 | ani625: | ($ 2,455.73) |
| 16 | sunsallo: | ($ 2,406.71) |
| 17 | charlieshrem: | ($ 2,028.20) |
| 18 | ihashfury: | ($ 1,997.33) |
| 19 | silver: | ($ 1,788.67) |
| 20 | summon: | ($ 1,745.63) |
| 21 | decrypt: | ($ 1,660.42) |
| 22 | steemychicken1: | ($ 1,657.73) |
| 23 | anyx: | ($ 1,635.20) |
| 24 | kaptainkrayola: | ($ 1,627.56) |
| 25 | very: | ($ 1,523.10) |
| 26 | steempty: | ($ 1,490.88) |
| 27 | james212: | ($ 1,482.93) |
| 28 | riverhead: | ($ 1,347.75) |
| 29 | kushed: | ($ 1,343.34) |
| 30 | wefdi: | ($ 1,300.47) |
| 31 | ericvancewalton: | ($ 1,289.81) |
| 32 | inboundinken: | ($ 1,282.76) |
| 33 | coldstorage1: | ($ 1,101.41) |
| 34 | witness.svk: | ($ 1,100.19) |
| 35 | piedpiper: | ($ 1,095.05) |
| 36 | thecyclist: | ($ 943.42) |
| 37 | cryptogee: | ($ 929.04) |
| 38 | dollarvigilante: | ($ 835.31) |
| 39 | masteryoda: | ($ 826.91) |
| 40 | steemit-life: | ($ 768.11) |
| 41 | tuck-fheman: | ($ 746.88) |
| 42 | maxjoy: | ($ 745.02) |
| 43 | terrycraft: | ($ 723.61) |
| 44 | razvanelulmarin: | ($ 690.72) |
| 45 | steempower: | ($ 630.26) |
| 46 | craig-grant: | ($ 627.35) |
| 47 | livecoin.net: | ($ 615.01) |
| 48 | calaber24p: | ($ 599.56) |
| 49 | dele-puppy: | ($ 548.15) |
| 50 | teamsteem: | ($ 529.96) |
TOP 50 DEPOSITS
| Account | Net Transfer Amount | |
|---|---|---|
| 1 | thejohalfiles: | $ 31,594.26 |
| 2 | smooth-a: | $ 6,654.72 |
| 3 | nanzo-scoop: | $ 2,183.35 |
| 4 | dimimp: | $ 1,856.76 |
| 5 | philsquared: | $ 1,552.59 |
| 6 | sponge-bob: | $ 1,431.43 |
| 7 | enki: | $ 1,339.27 |
| 8 | yougotflagged: | $ 1,235.66 |
| 9 | theyeti: | $ 1,139.28 |
| 10 | slowwalker: | $ 1,042.77 |
| 11 | beanz: | $ 872.87 |
| 12 | bitcointrader: | $ 764.44 |
| 13 | dresden: | $ 735.72 |
| 14 | umami: | $ 674.01 |
| 15 | sigizzang: | $ 619.63 |
| 16 | juanantonio: | $ 512.70 |
| 17 | araki: | $ 512.16 |
| 18 | freechina: | $ 500.04 |
| 19 | thedumpster: | $ 492.74 |
| 20 | themonetaryfew: | $ 455.04 |
| 21 | cryptomancer: | $ 409.10 |
| 22 | penguinpablo: | $ 404.32 |
| 23 | mallorcaman: | $ 340.21 |
| 24 | mynewsteemit: | $ 329.31 |
| 25 | cmp2020: | $ 323.54 |
| 26 | nextgen622: | $ 267.17 |
| 27 | gamer00: | $ 228.52 |
| 28 | heretickitten: | $ 204.68 |
| 29 | gutzofter: | $ 191.08 |
| 30 | yaski: | $ 178.61 |
| 31 | fulltimegeek: | $ 168.24 |
| 32 | onceuponatime: | $ 161.41 |
| 33 | coinpayments.net: | $ 159.57 |
| 34 | voluntary: | $ 119.96 |
| 35 | bravado: | $ 113.72 |
| 36 | cognoscere: | $ 113.69 |
| 37 | edgar.ortega11: | $ 107.93 |
| 38 | lichtblick: | $ 97.70 |
| 39 | contentjunkie: | $ 93.52 |
| 40 | walterjay: | $ 89.84 |
| 41 | demotruk: | $ 89.66 |
| 42 | judasp: | $ 87.47 |
| 43 | antfield: | $ 78.75 |
| 44 | humbrie: | $ 65.74 |
| 45 | bitcoinmeetups: | $ 63.82 |
| 46 | codydeeds: | $ 63.06 |
| 47 | dreemit: | $ 61.93 |
| 48 | thedeplorable1: | $ 61.44 |
| 49 | liqui: | $ 57.97 |
| 50 | robrigo: | $ 53.17 |
In past reports, I've included hourly breakdowns of the STEEM, SBD, and USD exchange amounts on all the various exchanges. Unfortunately I'm getting an "unable to acquire lock" error in my code now, and I'm not currently that motivated to update my PHP library (which, at this point, is quite old). Do those reports matter to you? Are they really important? I'm thinking maybe not.
I'll keep the exchange ratio going though. I think that's the key to the future value of STEEM. As of right now, it looks like most people are still moving to exchanges (which is probably why the price is still going down).
I kind of feel silly for not selling my STEEM so I could buy it back up again at lower prices later. Cheers to those who are pulling that off now.
Withdrawal to Deposit Ratio by User Count over Time
click the image for an interactive graph
Commentary
Thank you @thejohalfiles. You're basically funding the platform right now.
The withdrawal ratio is the worst it's ever been (9.60 to 1) which makes sense since the price is as low as it's ever been.
What do you think the price will settle at? Will it keep going down on into the summer and if so, what will cause it to rise again? I'm not sure, but I do know I love having a blog on the blockchain. Getting paid something for my posts is also quite nice, even if the actual exchange value may only be an illusion. :)
