27.4% of the Top 500 and 24.6% of the Top 1000 are powering down today
Let's look first at the raw data's
Edited Data's
I will keep the data's in Excel on a Google Spreadsheet so we can see also a longterm Trend and see if it correlating with the price
you can find them here:
https://docs.google.com/spreadsheets/d/1PbEMn88GDQajeEIb3qF9uTOxTVCi5Wa4iDkS82J8x38/edit?usp=sharing
This are this now the list that is easy viewable
this are the people that powering down:
32% of the Top 100 Steem Power accounts are powering.
From the Research point this task has to be done daily so we are able to make conclusions, my thoughts on this is that if you analyze the top 100 Steem Power Accounts, you get a idea of how the price might drop or raise in the future.
My thesis:
The higher the powerdown rate, the more money gets removed from steemit, so the actually worth of Steemit should go down. If we see the powerdown rate going down, then we should also see the price going up
To be able to messure the expected correlation
We also need the daily price of Steemit and the % it has dropped
Once we got more datas then I am able to make graphics.
Things I consider right now is:
Will it change if we look at the Top 500 or Top 1000?
most of the steempower is concentrated in the Top 100
Currently if I just analyze the data's from https://steemwhales.com/
of which the Top 100 control
142955281 Steem Power or 60% from 1-100
72242611 Steem Power or 30% from 2-100
if you exclude the Top 1 you get 30%, since the Top 1 Account is steemit, which I think it reserved for account creation.
Personally I think analyzing Top 500 and Top 1000 would only matter if you exclude the Top 1 Account so you get better Datas:
2-100 are accountable for 30% Steempower
2-200 are accountable for 36% Steempower
2-300 are accountable for 38% Steempower
2-400 are accountable for 38% Steempower
2-500 are accountable for 38% Steempower
2-1000 are accountable for 40% Steempower
Personally I think analyzing Top 500 gives you a good idea, adding 500 increases my work, but the 2% more Steem Power are not really providing a lot of more datas, or what do you think @Jerrybanfield?
I decided to take also the Top 500 and Top 1000 into consideration here is the list of those down powering:
Hive account@vcelier
Hive account@dunia
Hive account@delegate.lafona
Hive account@lofojobee
Hive account@coinfund
Hive account@jejujinfarm
Hive account@steempower
Hive account@faddy
Hive account@demotruk
Hive account@rok-sivante
Hive account@jrcornel
Hive account@boombastic
Hive account@htooms
Hive account@tradeqwik
Hive account@flyingmind
Hive account@xeroc
Hive account@teamsteem
Hive account@sochul
Hive account@jabbasteem
Hive account@furion
Hive account@zahnspange
Hive account@layz3r
Hive account@novina
Hive account@rossco99
Hive account@sponge-bob
Hive account@dele-puppy
Hive account@barrie
Hive account@underdog600
Hive account@robert-call
Hive account@sweetsssj
Hive account@nnnn
Hive account@pfunk
Hive account@bobbylee
Hive account@trevonjb
Hive account@yan-kovalenko
Hive account@helikopterben
Hive account@kus-knee
Hive account@redux
Hive account@james212
Hive account@knozaki2015
Hive account@chitty
Hive account@shaka
Hive account@jesta
Hive account@clayop
Hive account@originate
Hive account@jacobcards
Hive account@gilead
Hive account@joeyd1
Hive account@nnnn2
Hive account@mn12defgj1
Hive account@asksisk
Hive account@katyakov
Hive account@clains
Hive account@joshbreslauer
Hive account@hipster
Hive account@au1nethyb1
Hive account@jsg
Hive account@creat0r
Hive account@sword
Hive account@timcliff
Hive account@smooth.witness
Hive account@secretpayout6
Hive account@mysteempower2
Hive account@anotherjoe
Hive account@recursive2
Hive account@recursive3
Hive account@nnnn3
Hive account@kingscrown
Hive account@nnnn4
Hive account@anyx
Hive account@kitten
Hive account@berkah
Hive account@steemthebest
Hive account@kriborin
Hive account@kevtorin
Hive account@timsaid
Hive account@ramblin-bob
Hive account@hyndai
Hive account@klye
Hive account@nnnn2b
Hive account@miningcoins
Hive account@insider
Hive account@benita
Hive account@xiaohui
Hive account@puppies
Hive account@lessys
Hive account@bendixen
Hive account@gargon
Hive account@bitacer
Hive account@ausbitbank
Hive account@chryspano
Hive account@firepower
Hive account@spinbitz
Hive account@steemcleaners
Hive account@gamer00
Hive account@zzz
Hive account@roland-hicks
Hive account@yoonjang0707
Hive account@stone1
Hive account@bess
Hive account@janaraeh
Hive account@nnnn6
Hive account@galel
Hive account@back
Hive account@gotoperson above here are the people from 101-500, below the people from 501-1000
Hive account@voronoi
Hive account@drsteem
Hive account@kotori
Hive account@domino
Hive account@markg
Hive account@worldfamous
Hive account@anonymous
Hive account@charlieshrem
Hive account@officialfuzzy
Hive account@terra
Hive account@camilla
Hive account@bytemaster
Hive account@nnnn5
Hive account@lxteem
Hive account@sascha
Hive account@pheonike
Hive account@marijuana
Hive account@blanche
Hive account@fminerten1
Hive account@toybazaar
Hive account@profitgenerator
Hive account@dang007
Hive account@aizensou
Hive account@sandra
Hive account@steemvoter
Hive account@jamtaylor
Hive account@daniel82
Hive account@meow
Hive account@chessmonster
Hive account@sunshine
Hive account@jason
Hive account@lxcteem
Hive account@canadian-coconut
Hive account@tuck-fheman
Hive account@sqube
Hive account@chhaylin
Hive account@kai
Hive account@simav7
Hive account@damir19021977
Hive account@mynameisbrian
Hive account@everittdmickey
Hive account@captiva
Hive account@victor-lucas
Hive account@bottai
Hive account@warofcraft
Hive account@kenny-crane
Hive account@aem
Hive account@omega
Hive account@deanliu
Hive account@hopeless
Hive account@cardiff
Hive account@jamielefay
Hive account@markrmorrisjr
Hive account@arcange
Hive account@claudiop63
Hive account@honeyscribe
Hive account@theprophet0
Hive account@steemsports
Hive account@larkenrose
Hive account@anca3drandom
Hive account@dashpaymag
Hive account@gbert
Hive account@hello
Hive account@expir602
Hive account@jamie
Hive account@gregm
Hive account@fmooo
Hive account@miacats
Hive account@hossary
Hive account@icfiedler
Hive account@bacchist
Hive account@jamesjarman
Hive account@baronofbitcoin
Hive account@godknows
Hive account@soulsistashakti
Hive account@etherki
Hive account@braead65
Hive account@whatsup
Hive account@coin
Hive account@qhaltpal
Hive account@tristanacra
Hive account@melona
Hive account@freiheit50
Hive account@lilmayo
Hive account@marius19
Hive account@dumpling
Hive account@calypso
Hive account@vattle.com
Hive account@thedashguy
Hive account@cleta
Hive account@cherly
Hive account@gamath
Hive account@nerivyre
Hive account@kayana
Hive account@panword
Hive account@wpcteem
Hive account@kiddarko
Hive account@freedomengineer
Hive account@gutzofter
Hive account@goldemar
Hive account@tatianamoroz
Hive account@cervantes
Hive account@amartinezque
Hive account@full-steem-ahead
Hive account@drsteem3
Hive account@qocnenvhrl
Hive account@moonjaein
Hive account@kaarel
Hive account@blocklab
32+ 105= 137 Accounts powering down from 500 27.4%
32+214= 246 Accounts powering down from 1000 24.6%
I made it easy that you can follow the Whales that are currently powering down, all you need is to simple hover over their name and follow them.
if you like the post and you want to see how powering down Steem Power is correlated with the Steem price then please consider an upvote, so I know that the community appreciate my work, if you have any suggestions on how to improve my research please let me know.
