ACTIVE LAST 7 DAYS / STEEM PRICE COMPARISON ....... STEEMIT NEWS FLASH :.............
11 / 30 / 2016 - 5:15 PM EST STEEMIT NEWS FLASH : Active last 7 days daily line and Steem price comparison chart ( chart # 1 )
Active last 7 days weekly column and Steem price comparison chart ( chart # 2 )
Active users over last 24 hours continue to decline Chart # 3 .
I like applying data to charts . By applying data to charts it can reveal a much clearer picture .
CHART # 1 LINE CHART DAILY
RED LINE = Active last 7 days DAILY
GREEN LINE = Steem Price
CHART # 2 COLUMN CHART WEEKLY
RED COLUMN = Active last 7 days WEEKLY
CHART # 3 ACTIVE LAST 24 HOURS
BLUE COLUMN = Active last 24 hours
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Looks like steem price has stabilized along with the 7 day average user
That's what I was thinking. It's too early to call a bottom for the active-users trend, but the current price of STEEM does look (to me) like it's bottomed.
FWIW, Steemit's performance in Google Trends has definitely turned around....
https://steemit.com/steemit/@demotruk/steemit-rising-in-google-trends
...but that turnaround could be the result of the hardfork news being blasted to & printed by altcoin media outlets.
I'm sticking my neck out, but I think STEEM has bottomed.
Upvoted and resteemed!!!!!
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riosparada
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