STEEMIT: I am pleased to announce that yesterday saw a tsunami of Transactions hit the Blockchain at no less than a jaw dropping 474,322 Transactions. ...or 1 Transaction every 0.18 Seconds..!!

in #steem8 years ago

DAILY TRANSACTIONS - CHART (2017)


DAILY TRANSACTIONS - SCREEN (2017)



I am pleased to announce that yesterday saw a tsunami of Transactions hit the Blockchain at no less than a jaw dropping 474,322 Transactions..!!

I will just let you think about that for a minute .......a jaw dropping 474,322 Transactions..!!

So what is a a jaw dropping 474,322 Transactions?

I will tell you what it is....

It is 474,322 per day, 19,763 per hour, 329 per min ....or 1 Transaction every 0.18 Seconds..!!

TECHNICAL ANALYSIS

dMAmapping⇗⇗⇗⇗⇗⇗

Remains.... STRONG BULLISH and STRONG UNDERVALUED.

TARGET PRICE

Year End Market Capital = +$1.1 billion.

Year End Target Price of STEEM = +$4.70..!!


Thanks again for reading.

Stephen

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Good analysis. Though i dont know the technicallities in this. I just hope its true

Shared on twitter. Stephen

Not surprising that 76% people believe that we will be over >$600m by the end of the year..!! Stephen

Looks like the marketing is working! Word of mouth will start to take over and give us rapid but organic growth like we've been seeing... which is probably better than having too many erratic spikes. Impressive number of new accounts forming, too... one can but how they've fixed the issues with new account approval; it seems to grind to a halt every now and then...

Thank you. I have just published a blog that blows all previous Year End Targets of User Accounts out of the water. STEEMIT is set to explode..!! Stephen

I wonder can we beat BitShares for the world record on blockchain transactions in 24 hours? Not even sure where it stands now.

It is a very good question. I am sure @dantheman will know. He has his finger on the pulse of things like this. At 474k I bet we are one of the, if not the, most highest..!! Stephen

Great to see, with more features coming on board then it truly is undervalued!

I've got ONE WORD for ya: HODL!!!

How big will the blockchain get? And is this going to be a problem?

I wouldn't be too worried about the size of the Blockchain. It will be fine. Stephen

Thanks for the reply Stephen.
People are constantly talking about the bitcoin scaling problem, so I do worry about the steem blockchain size. I am still a noob regarding how steem works, which prevents me from investing anymore $$$. Have you talked about the blockchain size before? And do you have any links to any discussions?
Thanks

Hmm, $4.70 @ year end gotta hold more STEEM but also moving STEEM into BTC, ETH, LTC. Must of course HODL. (hold on for dear life)

Hi Stephen,

When do you think we're going to see the flippening? Win 10 STEEM :) my link below:

https://steemit.com/ethereum/@steemthenews/the-flippening-is-comming-let-s-predict-the-flippening-date-and-win-10-steem

Steemit Community getting strong day by day ☺
Yahooooo !

I could not have put it better myself..!! Stephen

I think that steem will surpass 4USD price by year end!! I am looking at 12USD + as I am really bullish on steem and its potentials. New members are increasing daily and I am fired up, ready to promote steem to more success. Lets rock this baby to more success together. Thanks for sharing.

You are very welcome. Stephen

Thanks Steph..keep up the good work and lets stay in touch

The amazing thing is that it can support that much and a lot more. Very few other chains could say the same thing.. am i right? Thanks for the insight!

The STEEM Blockchain has re-written the rules..!! This is heading for the top 3..!! Stephen

Thats amazing ...steemit is great..

This is all very good news for the noob like myself! Exponential growth!

You may be interested in the latest Blog. It has just blown all User Account Targets out of the water..!! Stephen

Stephen is this the transaction history of just Steemit? Or the Steem blockchain as a whole?

The whole STEEM Blockchain including Steemit. On other words ALL TRANSACTIONS including, but limited to: Blogs, Votes, Comments, Transfers, Deposits, Withdraws etc etc etc. Total of 42,127,591 Transactions recorded so far..!! Stephen

Ok, that is great to hear. I can only speak from experience, but I have never had anytime untimely transaction using the Steem blockchain. The future is bright my friend! Thanks again for the post!

Very interesting. Wow.

Good times ahead! :)

Nice to see that.

Great analysis...thank for sharing with us @stephenkendal
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You are very welcome. Stephen

Thank you :))

Thats impressive! Thank you for sharing this information with us!

You are very welcome. Stephen

That is amazing. And, the site appears to be able to handle the load

very cool....can you translate this and other Steemit offer vs what we see vs the other more "well known business crypto's" --- performance expectations?

Go steem ! Baam !

hi very good content, well done :)

Thank you. Stephen

This post has been ranked within the top 50 most undervalued posts in the second half of Jun 14. We estimate that this post is undervalued by $38.02 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jun 14 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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Speaking of transactions, what do you think of Steemit getting rid of the easy buy option in the wallet? Now they want me to get an account on Blocktrades for some reason.

Hi Josh. Not entirely sure, accept it may be for maintenance. Will keep an eye on it. Stephen

Thanks! I hope so. It's at $1.60 right now and would be perfect to buy. haha

This is a good news