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RE: Graph to analize total supply of SBD over time with some interesting observations
Oh holy cow, that's funny that it still works out that way. Was missing the observation of SBD price effects. It seems to check out. I see what you are saying.
The subsequent SBD supply growth should eventually than being the price down gradually also. But yeah so far it's... Slow.
Yes it is kind of funny how both effects can be happening at the same time. I think the effect you mentioned of "STEEM price going up results in more SBD printing which pressures SBD price down" has a longer lag time which seems to be maybe around two or three or more months (e.g. the "Low" SBD price was greater than $1.10 for 73 consecutive days from 4/25/2017 to 7/6/2017 and also for 66 days and counting from 11/23/2017 to present.) while the effect of "SBD price going up results in purchasing power of 50/50 rewards going up which pressures STEEM price up" may have a lag time of maybe a week or so as people start noticing their 50/50 post rewards have more purchasing power than normal.