At the start of the year I updated the powering up series I do to see what is happening to numbers across classes.
In December it looked like this where prices had dropped down to about 35 cents:
Which meant:
- 52 more dolphins in the 5k - 50k range,
- 11 new orcas in the 50-100k range, and
- 7 more in the 100k+ range.
That was a pretty good result for December, but January is going to be a very, very interesting set considering all that has been happening in the Steemisphere with the biggest single influence being the Steemit Inc power down that likely triggered a bit of a panic in the weak of constitution.
So, what are your predictions? Who panicked?
Ooooohhhhh aaaaahhhhh.
Okay, one thing you might notice that is different from the December numbers is, look at the number of new accounts in the 100 range. That is 10x more than the month earlier. A lot of sign ups that are looking to get in on Steem while the going is good? Alts? 30 thousand in 5 weeks considering the state of crypto is pretty good regardless.
But, there are over double newcomers in the 100 > 500 SP range even after removing the 16 that moved from the 1000 > 5000 range. However, those 16 might have moved up too. as there are at least 47 newly minted dolphins. Congrats to them. While the numbers are switching between the climb to 100k SP, what is interesting is there are 11 new large orcas past that point and at least 1 new whale with the old 2016 account 
2 million Steem is worth about 650k dollars so I hope that means that in the last three years you have increased your wealth to 3+ million so that you don't go over that 20% rule
"Invest into crypto? Noooooo! Don't be a fool Ben!!!"
Of course, it is hard to tell when these accounts actually powered up or down for the most part and whether they are still powering down if they ever were but, the next month or two will tell more. There are however a lot of discussions ongoing at the moment and it is an exciting time to be part of the blockchain. Seeing those 100+ accounts in the 1000 > 10000 range is very encouraging and I hope more are going to be taking advantage of the cheap Steem on the exchanges. For Steem do decentralize well and be able to support a broad spectrum of content and development, the middle class bands have to increase in numbers. There is some 70 million Steem on the exchanges, go get yourself some if you have a little to spare.
The more uncertainty of success there is, the higher the potential gain. The more unsure the masses feel, the more likely you are onto a winner. People like safety in numbers - and then wonder why they are average.
Taraz
[ a Steem original ]
