Steemit Statistics Week 7

With Steemit still in Beta, we continue to get interesting data points from this Weekly Statistics Post. I would like to thank Hive account@steemitguide for the graphic work he has been providing me. We will be posting some joint content in the coming days/weeks, which will be aimed at presenting this data in a infographic format. To give you a flavour, you can check here and here on his progress.

Past Weekly Post: Week 6 / Week 5 / Week 4 / Week 3 / Week 2 / Week 1

As always, I would also invite anyone with special knowledge of Steem(it) to provide analysis (who, what, how, why, witness updates...) of my findings, and I will add this information where relevant to this post. There has been some very valuable contribution to this post in the past few weeks which is much appreciated.

Steemit Statistics Week 7 Highlights:

% Steem Dollar to Steem Market Cap Exceeds 2%:
In the latest update announced by Hive account@steemitblog here a new Steem Dollar Stability mechanism was announced. This dictates that, if Steem Dollars exceed 2% of Steem Market Cap, Author rewards will be paid part in Steem and Steem Power, rather than all Steem Dollars and Steem Power. We have moved through this threshold substantially hitting 2.42%. Protocol changes effective 9/13/2016 at 11 AM EST (3 PM GMT), so expect to receive a % of Steem, rather than Steem Dollars for Author rewards from Tuesday onwards... We would require a ~20% rally in Steem Prices to revert back to the normal Steem Dollar rewards.
Active Users show marked increase WoW:
I tentatively report this, as there has been much chatter relating to user number figures over the past week. I believe these numbers are getting closer and closer to reflecting reality, so I see this as a positive sign for the Steemit Platform. For more consideration, see here.
Top 100 and Top 10 Accounts Control of Steem Power Continues to Fall:
Whether you include Hive account@steemit account in your calculation (-0.33%) or not (-0.48%), the results are the same, another week on week fall in the Top 100 Steem(it) Accounts Control of Steem Power. This is also reflected in the Top 10 accounts control of Steem Power falling 0.97%. Steem Distribution is still ongoing, and I expect to this result recreated next week.
Weekly Traded Volume Falls Across the Board:
There has been a general decline in Trading Volume of Steem/Steem Dollars over the past month. This has continued this week, and likely reflects a calming of sentiment. I expect to see these metrics settle down, whilst Steemit makes good solid progress towards establishing itself as a potential rival to the Social Media Giants.
Liquid Steem up 14.71% WoW:
This is the main driver of Steem Prices falling in my opinion. Large Steem Power holders continue to Power Down and liquidate Steem. It has the positive effect of Distributing Steem, however is also driving Steem Prices down. It's a painful phase to be going through, but necessary for Steemit to succeed in the long run.