Steem Price and Accounts Correlation... and More

in #steemit7 years ago (edited)

2 months study and data gathering lead to this graph

  


It looks like both Steem price and the hardfork were reasons to bring more users to our beautiful community.


Nevertheless, after the fork, the correlation which was about 0.9, decreased to 0.85.


This means that the increase in steem price is getting less correlated to the fact there are more accounts. In other words, this community is growing like fu****g hell.


3rd of June reached a CRAZY record of 4081 NEW USERS during those 24hs. Not competition to FB that still has in the order of 100.000 new daily users, but dreams will always be dreams.


Only 2 months ago the Steem Price was $0.23 and nobody would have expected it to go to $2 today... yes, that is almost a gain of 1000% in value, in 60 days.


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