Liquid STEEM Report July 16, 2018 by socky

View this thread on steempeak.com
steemit · @socky ·
$9.98
Liquid STEEM Report July 16, 2018
# This is a historical graph of both Total STEEM and Liquid STEEM supply
![](https://cdn.steemitimages.com/DQmUszLXFq9j7medVeYkQJ8or4L2YuLsjHBz7uFfdEBss1t/image.png)
#### (Note) There are two different scales on this graph. For full scale, see graph below. 
### Liquid STEEM is the remaining STEEM that has not been converted into Steem Power. (Orange Line)

* When STEEM is liquid, it can be readily sold and purchased. 
* When STEEM is locked away in SP, it is not liquid, It takes a significant amount of time to convert it back to a liquid form. 

# This is a graph of the same data. The data of this graph was plotted on the same scale to show the massive difference between Liquid STEEM and STEEM stored in SP
![](https://cdn.steemitimages.com/DQmW23DkRpZ3iTJdkxeoiw14EnnAtDdvG3EE6WnVJ9zueq8/image.png)

#### I created these charts with data that I collected over the last few months.

# Why are these graphs important?
STEEM is created at a high rate. Currently 8.81% per year. Many Steemians have a concern about STEEM inflation with the high rate of new currency creation. These graphs show that there is a limited supply of STEEM. Inflation is being offset by the rate of STEEM converted to Non-Liquid STEEM.

# I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.
# ---------------------------------------
#### For a breakdown of how Steemit Rewards system works:
https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

#### For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-key

#### For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read

<center>[![](https://steemitimages.com/50x60/http://steemitboard.com/@socky/commented.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/60x70/http://steemitboard.com/@socky/votes.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/70x80/http://steemitboard.com/@socky/posts.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/100x80/http://steemitboard.com/@socky/level.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/70x80/http://steemitboard.com/@socky/comments.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/60x70/http://steemitboard.com/@socky/voted.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/50x60/http://steemitboard.com/@socky/payout.png)](http://steemitboard.com/board.html?user=socky)</center>
👍  , , , , , , , , , , , , , ,
properties (23)
post_id56,740,022
authorsocky
permlinkliquid-steem-report-july-16-2018
categorysteemit
json_metadata{"format":"markdown","app":"steemit\/0.1","image":["https:\/\/cdn.steemitimages.com\/DQmUszLXFq9j7medVeYkQJ8or4L2YuLsjHBz7uFfdEBss1t\/image.png"],"links":["https:\/\/steemit.com\/steemit\/@socky\/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations","https:\/\/steemit.com\/life\/@socky\/do-you-understand-your-steemit-key","https:\/\/steemit.com\/steemit\/@socky\/why-is-steem-power-important-beginners-read","http:\/\/steemitboard.com\/board.html?user=socky"],"tags":["steemit","cryptocurrency","blog","news","steem"]}
created2018-07-16 17:15:36
last_update2018-07-16 17:15:36
depth0
children4
net_rshares4,709,518,652,226
last_payout2018-07-23 17:15:36
cashout_time1969-12-31 23:59:59
total_payout_value9.660 SBD
curator_payout_value0.315 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length2,677
author_reputation201,063,544,025,849
root_title"Liquid STEEM Report July 16, 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (15)
@techxegama · 
Yes i feeling greatful to read and also it clears my concept about steem liquid
properties (22)
post_id56,740,585
authortechxegama
permlinkre-socky-liquid-steem-report-july-16-2018-20180716t172210776z
categorysteemit
json_metadata{"app":"steemit\/0.1","tags":["steemit"]}
created2018-07-16 17:21:24
last_update2018-07-16 17:21:24
depth1
children1
net_rshares0
last_payout2018-07-23 17:21:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length79
author_reputation1,490,504,643,386
root_title"Liquid STEEM Report July 16, 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@socky · 
Glad you found it informative
👍  ,
properties (23)
post_id56,740,804
authorsocky
permlinkre-techxegama-re-socky-liquid-steem-report-july-16-2018-20180716t172340309z
categorysteemit
json_metadata{"app":"steemit\/0.1","tags":["steemit"]}
created2018-07-16 17:23:51
last_update2018-07-16 17:23:51
depth2
children0
net_rshares409,267,113
last_payout2018-07-23 17:23:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length29
author_reputation201,063,544,025,849
root_title"Liquid STEEM Report July 16, 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@performingarts · 
Awesome I was wondering this the other day and bam you answered my question. I glad to see more SP than liquid steem. This is good. I don't plan on selling of any for a few years at least. I do however use sbd and steem that's not going into SP for bots.

I need to actually research and see what the bots I'm using are doing with the sbd and steem they earn. If they pulling it out I won't use their services in future
properties (22)
post_id56,741,449
authorperformingarts
permlinkre-socky-2018716t19313585z
categorysteemit
json_metadata{"app":"esteem\/1.6.0","tags":["steemit","cryptocurrency","blog","news","steem"],"format":"markdown+html","community":"esteem"}
created2018-07-16 17:31:06
last_update2018-07-16 17:31:06
depth1
children1
net_rshares0
last_payout2018-07-23 17:31:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length419
author_reputation3,074,523,222,995
root_title"Liquid STEEM Report July 16, 2018"
beneficiaries
0.
weight1,000
accountesteemapp
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@socky ·
$3.77
I wish you success. I have seen a bunch of large account holders funnel some of their STEEM into SBD. My thought is they are using SBD as a safe place to store value as it is pegged not to go below one dollar. If the market turns around, I would expect the SBD go back to STEEM and then stored in SP.
👍  , ,
properties (23)
post_id56,743,106
authorsocky
permlinkre-performingarts-re-socky-2018716t19313585z-20180716t175102336z
categorysteemit
json_metadata{"app":"steemit\/0.1","tags":["steemit"]}
created2018-07-16 17:51:15
last_update2018-07-16 17:51:15
depth2
children0
net_rshares1,784,349,292,995
last_payout2018-07-23 17:51:15
cashout_time1969-12-31 23:59:59
total_payout_value2.833 SBD
curator_payout_value0.939 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length300
author_reputation201,063,544,025,849
root_title"Liquid STEEM Report July 16, 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
Help/Feedback