Interesting corollary/sidebar is the recent developments related the volume of trading issues related to Poloniex as well.
Not sure if there is any merit to it, but there appears to be some smoke which would cause one to consider problems may be afoot there as well. I recall about two week ago when LISK spiked, Poloniex halted all LISK withdrawals. Not sure if they have resumed, but it's cause for concern because traders are now having issues with other coins as well.
Interesting times.
@gavett wrote a post yesterday about how sign ups on Steemit is spiking in Asia. That may account for some of the price increase as well. I've noticed more Asian language posts here too. You can read his post here
@luzcypher that's an interesting post. I gather he's getting his data from steemd or piston.
I generally like to look at third party sites for some of my own traffic analysis, and Similar Web did show an overall increase of 400,000 website visits from March to April, with most of the incoming traffic generated by organic search results (just north of 43%). Seems the site is getting some good traction and traffic, which I am very happy about. I guess the big question is: did the traffic come as a result of marketing efforts about the community and new user discovery, or did it come from the Bitfinex related altcoin pump and dump and hype of posts earning thousands again?
I'm hoping it's the latter, my friend. If it's any indicator, I have started to trade STEEM on Poloniex/BTC on Poloniex, which is something I have always stayed away from. Let's see if the new user base remains sticky.
I have noticed more Asian language posts from new users. I'm upvoting them so they will stick around. Can't read them but voting anyway.