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RE: More than 800,000 Steemit accounts / Mehr als 800.000 Steemit-Konten
How does the number of active users affect the value of steem? I'm still quite new and not sure what drives the market.
How does the number of active users affect the value of steem? I'm still quite new and not sure what drives the market.
Still figuring this out too.
From what I understand, more users will mean more content chasing the same STEEM, so it should increase the value of STEEM. Assuming user growth is faster than the annual rate of new STEEM being created.
Check the STEEM faq section. There's more information there