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RE: STEEM Pricing Moving Up: LEO Providing Outstanding Returns
What would be interesting over time is what is the correlation between Leo and Steem. I think you just indirectly gave me a project as this has been on my mind the last several months.
PS - nice quick analysis on the charts, don't think I ever saw you do this before.
I tend to only pay attention to crypto pricing when I'm looking to buy. Ironic, I have a bit of USD left so a lower STEEM price would be to my advantage. I did get $300 worth of STEEM a few weeks back at the 13 cent mark (give or take).
Simple analysis tends to keep the confusion to a minimum. LOL
I did write an article a few weeks back how the better SE projects would provide exponential growth since a 10x run up in the price of STEEM should equate to a 10x decline in the price of the pair. Of coruse, that will not likely happen so even a 5x decline would mean exponential growth.
As for the correlation, I am not sure we have enough time/data to correlate the two reliably. I would love to see the analysis though.