Hi everybody, I want to illustrate how important Steem's price is to user growth on the steemit platform.
Here's Steem's price over the last 6 months.
And here's Steem's user growth in the same period.
source: @penguinpablo
So you can see the direct correlation of the two. I believe Steem's price is high enough now to sustain real user growth without having to keep going up to fuel it. The correlation should eventually separate, only time will tell.
G'day