February 15-16 was a good day for Steem (STEEM) after 8.63% rise by andestra

steem · @andestra · Feb 16 '19 (edited)

$1.10

February 15-16 was a good day for Steem (STEEM) after 8.63% rise

![1531931553559.png](https://cdn.steemitimages.com/DQmSUYGgeNYwJGU6X2KKbP8wLuvus5LMq3MukzENTH4Sppe/1531931553559.png)

Steem (STEEM) had a good 24 hours as the crypto jumped $0.0263585504 or 8.63% trading at $0.3317629084. According to Crypto Analysts, Steem (STEEM) eyes $0.36493919924 target on the road to $0.799455115617169. STEEM last traded at Poloniex exchange. It had high of $0.3326680784 and low of $0.3029785024 for February 15-16. The open was $0.305404358.

Steem (STEEM) is down -3.84% in the last 30 days from $0.345 per coin. Its down -57.54% in the last 100 days since when traded at $0.7813 and the annual trend is down. 200 days ago STEEM traded at $1.29. STEEM has 99.69M coins mined giving it $33.07M market cap. Steem maximum coins available are 99.69M. STEEM uses algorithm and PoW proof type. It was started on 04/07/2015.

Steem.it is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.

There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD).

Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power.

Steem Power is basically Steem that is locked in a vesting fund for 3 months. Users can use steem power to upvote content and get curating rewards.

When a user upvotes content his steem power gets depleted and then slowly regenerated. Steem Power holders recieve interest from their holdings. The more Steem Power a voter has the more revenue he’ll generate for himself (in form of SP) and for the content creator (In SBD).

There is also an incentive to upvote content early, as the rewards are distributed according to time. The earliest votes gets the biggest share of the reward.

Steem Backed Dollars are there to protect content creators from volatitlity and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD.

Steem is a proof of work currency with a scheduled blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 miners (witnesses). 19 of the miners are pre voted, one is the other with the most computational power, and the last one is selected from a queue of witnesses that did not get on the top 19 voted witnesses.

90% of the block reward is allocated to a vest fund to reward curators and PoW miners, the other 10% are made liquid in the form of steem and are used to reward content creators. Steem gets converted to Steem Backed Dollars and sent to the content creator.

![DQmYaM3BhsiPsrNvX8NDsvnkkr6bsPW2P2UnPgYvGLU13LF.jpeg](https://cdn.steemitimages.com/DQmb9mMuZKx91TiVqZoFHuUwEhbhkebFTZL3AbcWvuGueX6/DQmYaM3BhsiPsrNvX8NDsvnkkr6bsPW2P2UnPgYvGLU13LF.jpeg)

<center>***[source](https://finreviewer.com/2019/02/16/february-15-16-was-a-good-day-for-steem-steem-after-8-63-rise/)***</center>

👍 steem-ambassador, kevinwong, bridgetbunchy, minnowsupport, tombstone, cryptocurator, steemxp, steem-plus, yohan2on, myach, tj4real, muhammadrizki96, joannewong, andestra, dilresh, sireh, viverridae, robmojo, anarcotech, nickychu, verasj, gelfire, wilsonkoh, xpency, bait002, exhibition, melindajamulis, kilathecla, beverlyjoe, lizachong, arwine, tommyl33, leotrap, veenang, angeljames, kesolink, lifesavers, nairadaddy, chanelcalestus, audreyclaire, danieldoughty, zamifara, littledisciples, v1tko, suheri, jadabug, kilianparadise, nytrie, luna777, myusuf01, dokter-purnama, emilydonna, celo769, andohyara, khusairi, steemitcanarias, njokuoluchukwu, oadissin, ezravandi, tony.montana, kennethtks, kingsolo, arconite, herryazmi11, and 84 others

`post_id`	70,239,526
`author`	andestra
`permlink`	february-15-16-was-a-good-day-for-steem-steem-after-8-63-rise
`category`	steem
`json_metadata`	{"tags":["steem","crypto","promo-steem","informationwar","steemxp"],"image":["https:\/\/cdn.steemitimages.com\/DQmSUYGgeNYwJGU6X2KKbP8wLuvus5LMq3MukzENTH4Sppe\/1531931553559.png","https:\/\/cdn.steemitimages.com\/DQmb9mMuZKx91TiVqZoFHuUwEhbhkebFTZL3AbcWvuGueX6\/DQmYaM3BhsiPsrNvX8NDsvnkkr6bsPW2P2UnPgYvGLU13LF.jpeg"],"links":["https:\/\/finreviewer.com\/2019\/02\/16\/february-15-16-was-a-good-day-for-steem-steem-after-8-63-rise\/"],"app":"steemit\/0.1","format":"markdown"}
`created`	2019-02-16 15:56:30
`last_update`	2019-02-16 17:01:36
`depth`	0
`children`	3
`net_rshares`	2,143,490,358,943
`last_payout`	2019-02-23 15:56:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.846 SBD
`curator_payout_value`	0.258 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	3,046
`author_reputation`	9,476,908,045,141
`root_title`	"February 15-16 was a good day for Steem (STEEM) after 8.63% rise"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (148)

voter	rshares	pct
tombstone	97,001,509,033	0.4%
kevinwong	159,357,040,111	2%
arconite	559,230,924	1%
bridgetbunchy	129,664,574,591	25%
anarcotech	7,405,081,411	12%
cryptocurator	45,652,807,817	20%
tj4real	19,924,981,101	40%
minnowsupport	106,562,588,772	2.75%
xpency	5,531,727,155	40%
leotrap	2,981,849,344	4%
kaz2305	112,322,213	40%
danieldoughty	2,108,573,452	23%
rizkirz	244,461,456	50%
webgrrrl	0	1%
jadabug	1,374,875,438	1%
viverridae	8,007,331,753	30%
kesolink	2,503,274,317	10%
veenang	2,718,226,753	15%
dokter-purnama	1,107,372,011	8%
suheri	1,380,123,651	40%
lifesavers	2,381,838,674	21%
bait002	5,202,457,142	8%
steem-plus	32,859,828,884	2.37%
husnulkhatimah	141,350,218	100%
njokuoluchukwu	906,794,799	40%
muhammadrizki96	13,999,055,407	100%
myach	26,558,681,528	25%
intansuryani	180,356,143	100%
nairadaddy	2,191,462,484	5%
mela65	72,939,964	40%
sireh	8,937,369,520	40%
joannewong	13,436,120,118	10%
andisantos	323,884,282	32%
zahratulmulia	244,103,831	50%
kingsolo	624,330,351	40%
callme	185,939,113	40%
chanelcalestus	2,171,399,059	50%
arwine	3,409,456,817	50%
sanyjaya	381,780,581	100%
verasj	5,757,071,152	28%
khusairi	1,031,506,267	40%
beverlyjoe	3,523,285,308	25%
entrepreneur916	353,855,874	8%
melindajamulis	4,028,238,167	60%
steem-ambassador	1,249,080,401,798	80%
gelfire	5,672,075,749	50%
wilsonkoh	5,540,138,460	15%
celo769	1,073,553,514	50%
zamifara	2,072,784,523	15%
dilresh	9,457,225,294	50%
albipratama	252,646,595	50%
v1tko	1,660,084,464	50%
angeljames	2,508,849,645	50%
ambergrace	252,097,622	50%
syahrulfardani	68,923,728	20%
inugarang	251,289,006	50%
matthewdoughty	144,638,486	15%
emmanuelnukchee	303,666,785	25%
sealion2020	489,790,729	50%
rusliwaddah	181,455,919	40%
cauac	379,578,980	40%
kulin12	244,361,427	50%
kilianparadise	1,358,213,440	40%
audreyclaire	2,122,731,479	25%
aldymauliadi	350,365,796	100%
yohan2on	27,947,045,750	80%
oadissin	860,135,067	50%
rosariorubin	434,179,463	100%
nickychu	7,170,059,646	15%
aaronren	306,825,588	50%
andestra	10,835,951,627	100%
herryazmi11	555,458,567	20%
saidqautsar	116,386,962	40%
teukuizul	121,241,839	40%
kilathecla	3,918,678,079	50%
muhammadmd	184,003,919	50%
myusuf01	1,158,281,964	50%
saifuddin07	231,668,065	40%
eskomauliadi	259,834,745	100%
sarjani	132,150,552	40%
andhikafebrian	373,276,411	100%
rismawar	228,269,712	50%
ezravandi	839,783,696	1%
wandy01	393,064,189	100%
murhadi9	264,166,093	40%
arsyilasani	251,361,479	50%
kennethtks	723,409,985	20%
edulan	226,121,708	50%
nytrie	1,328,512,581	30%
wirdayulahya	163,717,734	50%
lisnizar	242,930,868	50%
wawan.anestesi	165,541,035	40%
fibrefox	239,755,342	40%
junnysak	250,031,003	50%
belvajarandilla	114,396,729	40%
aidenanthony	194,113,189	50%
intansafrina	222,101,764	50%
zayyadmikael	508,263,643	50%
bundasity	551,876,452	100%
faisalb	554,195,243	100%
zayyad83	430,775,068	100%
djamidjalal	75,467,975	4%
creatocracy	114,860,027	12%
leonix	214,858,718	50%
vidalhoaxer	93,043,968	24%
jramirezviera	93,122,340	24%
jhayehidio	251,125,528	50%
emilydonna	1,079,992,736	50%
steemxp	42,104,063,935	49%
shahabudin	25,830,561	50%
cukin	118,918,666	28%
ychaa	76,418,065	21%
keydeet	101,021,803	25%
steemitcanarias	928,228,966	48%
steemit-uruguay	263,977,473	80%
akmal93	186,537,860	20%
kafupraise	130,343,833	41%
alexander-bobs	316,238,375	40%
andi9999	112,189,623	40%
boyacun	84,371,257	16%
littledisciples	1,663,842,514	50%
aguirod	92,366,953	24%
dekpah	181,609,259	40%
eldanicrake	93,310,725	24%
exhibition	5,003,085,292	80%
amin-danil	182,291,248	40%
taqiyagenji	68,799,548	20%
sidetrip	93,592,819	24%
jhaycovers	10,903,314	50%
jhayreviews	291,545,790	50%
tommyl33	3,380,174,048	50%
torreoscura	92,758,663	24%
gomero007	92,935,772	24%
migs04	92,935,772	24%
merlin7	304,098,178	0.01%
al-arabi	501,393,715	100%
megaraz	70,683,046	100%
andohyara	1,062,623,155	50%
lizachong	3,414,377,025	99%
youtubelife	276,056,026	70%
robmojo	7,930,012,105	50%
kingnosa	49,337,684	50%
pamahdoo	0	5%
ragnarhewins90	369,958,191	10%
luna777	1,190,693,620	3.14%
mbappe	466,789,608	1%
tony.montana	748,831,078	1.6%
hozn4ukhlytriwc	331,245,904	15%

@minnowsupport · Feb 16 '19

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by andestra from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>

properties (22)

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`author`	minnowsupport
`permlink`	re-february-15-16-was-a-good-day-for-steem-steem-after-8-63-rise-20190216t173716z
`category`	steem
`json_metadata`	{"app":"beem\/0.20.17"}
`created`	2019-02-16 17:37:15
`last_update`	2019-02-16 17:37:15
`depth`	1
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`net_rshares`	0
`last_payout`	2019-02-23 17:37:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
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`pending_payout_value`	0.000 SBD
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`root_title`	"February 15-16 was a good day for Steem (STEEM) after 8.63% rise"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@steemxp · Feb 16 '19

You've received an upvote from SteemXP Community

[SteemXP Curation Guild]( https://beta.steemvoter.com/explore/guild/steemxp) is dedicated to the growing Southeast Asia steemit communities. To support and promotes new and promising authors, original and good content from Southeast Asian Nations Member Nation. Indonesia, Thailand, Malaysia, Vietnam, Singapore, Philippines, Myanmar (Burma), Cambodia, Laos, Brunei.

Check out our [Website](www.steemxp.com), Join our community on [Discord](https://discord.gg/dUmrdfp) and support our mission by following our curation guild. 

Vote SteemXP Witness @bitrocker2020 using this [link](https://steemconnect.com/sign/account-witness-vote?witness=bitrocker2020&approve=true)

properties (22)

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`author`	steemxp
`permlink`	re-andestra-february-15-16-was-a-good-day-for-steem-steem-after-8-63-rise-20190216t183048530z
`category`	steem
`json_metadata`	{"tags":["steem"],"users":["bitrocker2020"],"links":["https:\/\/beta.steemvoter.com\/explore\/guild\/steemxp","www.steemxp.com","https:\/\/discord.gg\/dUmrdfp","https:\/\/steemconnect.com\/sign\/account-witness-vote?witness=bitrocker2020&approve=true"],"app":"steemit\/0.1"}
`created`	2019-02-16 18:30:48
`last_update`	2019-02-16 18:30:48
`depth`	1
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`last_payout`	2019-02-23 18:30:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
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`root_title`	"February 15-16 was a good day for Steem (STEEM) after 8.63% rise"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@steem-plus · Feb 17 '19

SteemPlus upvote

Hi, @andestra!

You just got a **2.37%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

properties (22)

`post_id`	70,259,113
`author`	steem-plus
`permlink`	february-15-16-was-a-good-day-for-steem-steem-after-8-63-rise---vote-steemplus
`category`	steem
`json_metadata`	{}
`created`	2019-02-17 03:42:36
`last_update`	2019-02-17 03:42:36
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2019-02-24 03:42:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
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`pending_payout_value`	0.000 SBD
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`body_length`	435
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`root_title`	"February 15-16 was a good day for Steem (STEEM) after 8.63% rise"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000