.Study closely the spreadsheet and charts below.This is my first posting with my spreadsheets and charts . So I hope they show up clear.I will try to update 6 days a week.
GLOSSARY :
Current_Supply = ...Current supply of steem
Total_Vesting_Fund_ Steem =... Total steem invested in SteemPower
Total_Vesting_Fund_ STEEM AS % of CURRENT SUPPLY =... Total steem invested in SteemPower as a % of total steem
Column C-D STEEM NOT INVESTED IN STEEM POWER =... Total number of steem not invested in SteemPower
NUMBER of STEEM not invested in SteemPower daily increase or decrease =... The daily increase or daily decrease of steem not invested in SteemPower
STEEM PRICE BTC - STEEM =... Price of steem to btc on Bittrex
STEEM PRICE $$$$ - STEEM = Price of steem in $ dollars on Bittrex
SBD PRICE $$$$ - SBD = Price of sbd in $ dollars on Bittrex
It is interesting to note that as the total number of steem not invested in SteemPower increases. The price continues to fall . Also note that the last 3 days the total number of steem not invested in SteemPower has decreased. This would mean that in the last 3 days people are investing more steem into SteemPower than steem being created.This may be the reason steem price has stabilized.
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In the chart below you can see the steem price as the red line and the total number of steem not invested in SteemPower as the blue column.
CHART # 1
In the chart below you can see the steem price as the red line and the daily increase or decrease of steem not invested in SteemPower as the blue collumn. Note last 3 days blue column is negative and steem price has stabilised.
CHART # 2
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