STEEMIT Statistics - WEEK 2

This post is a weekly, evolving post, analysing Steem(it) by numbers and deducing trends of interest for this project moving forward. It has been an interesting week, with a number of 'high profile' users joining the Steemit community and a great article in the Huffington Post (link at the bottom) which should make next weeks numbers even more exciting and interesting

Bit of a mixed bag this week. The implementation of the Reputation System, along with an evolving community has resulted in some interesting statistic..

Let's start with some highlights for this week;

  1. Total Steem Supply increased by almost 5%:
    For more information on this and why it's interesting, see my last post explaining Steem's dilution rate. Steem will be diluted by 343% over the following 365 days.
  2. Top 10 Steem Power Holders % of Steem Control falls by over 8%:
    For any doubters over claims that Steem is not being distributed away from the top account holders, this shows that Steem is moving away from these account holder in real terms.
  3. 7 Day Active Users Fall by 23%:
    This is the truest reflection of users on the Steemit platform. The total number of accounts include a lot of miners, and users taking advantage of the sign-on bonus. This number (IMO) has fallen as a direct result of the Reputation system (and general community action against bots) implemented this week. A number of 'Posting Bots' would have been turned off which I imagine has contributed to this fall. I expect to see a rebound this week due to factors pertaining to my introduction.
  4. Week on Week Voting Growth over 66%:
    This number represents a ever more engaged community
  5. Number of Post fall by 25%:
    I personally think this represents users targeting better quality, away from quantity of posts. It could also be a sign that users have moved towards curation over creation of content, as shown by the increased voting activity... EDIT: @wingz pointed out quiet rightly that a cap on the amount of posts per day was brought in this week (4 posts per day cap), this could have also had an impact on this number...

The Statistics Table:

You can see last weeks numbers as Week 1, and this weeks numbers as Week 2. The Data was captured around 3-4pm on both days (Saturday). The % Change Week on Week is the best reflection of how Steem(it) is evolving, and has changed over the relatively short period period of time.

Interesting to see the sizeable increase in Steem Dollars this week. This would explain why the Steem Dollar price came under a little pressure this week. It has however began to recover..

I will work on these Statistics over the coming week to get this information as useful and relevant as possible. Feel free to make suggestions of changes, or additions, and I will do my utmost to include them in the follow edition next Saturday.

Happy to discuss any of my findings with anyone interested.

Visual Sources

Weblink Sources

https://steemd.com
https://steemd.com/richlist
https://steemle.com/charts.php
https://steemit.com/market
https://coinmarketcap.com/currencies/steem/
https://coinmarketcap.com/currencies/steem-dollars/
(http://www.huffingtonpost.com/entry/why-blockchain-backed-social-network-steemit-could_us_57a47636e4b0c94bd3c9312f)

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