But the upwards trend in posts and comments did start before price. Of course there's a feedback loop, so the bigger moves happen later.
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But the upwards trend in posts and comments did start before price. Of course there's a feedback loop, so the bigger moves happen later.
I'm not sure about that. The SBD has been pumping for weeks now. STEEM has really only taken off in the last week or 2. Hard to know the true causation effect here, but you are right it is in a positive feedback loop now and it's all about momentum now.
You can see in @arcange's stat posts that the uptick in active users, posts and comments began at the start of November, before the SBD pump. I agree, causal analysis is pretty much a fools game in something as complex as this market though.
I'll take a look. Thanks for the tip!
Like everyone else here I am just trying to understand whats happening and nobody really knows for sure.