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RE: Weekly Steem Stats Report - Monday, January 22, 2018
That pretty much will depend from the price of steem and sbd. I say that if the price of steem remains stable at around 5$ and with sbd at 8$ the growth will continue. When we will reach 1 million users ? Given the price granted and 35000 new accounts created every week we'll hit 1 million users by May 2018. The problem is not all the accounts become active so to get to one million active users much more time will be necessary. But as I said much of this growth will be up to the steem price.
Right! Also, the release of the first SMT APPICS will affect the steem price in a positive way. Everytime the steem coin goes up there are more subscriptions of new users on Steemit. So I hope that a virtual cycle will soon be created as more and more users will use the site and more the steem coin will go up!
Wonderful Explanation and I totally agree !