Prices are Down, Steemit is Up! (Relatively)

I was browsing @penguinpablo's daily report at https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-tuesday-june-12-2018 and a thought struck me.

In this bear market we've been in, I've seen plenty of headlines saying google searches and other proxies for interest in cryptocurrency are down proportional to the drop in price. But the users here on steemit (or busy or whatever) have maintained in roughly the same range. Yes, the Alexa rank is down a bit and traffic is down a bit, but it's not 75% down like we are seeing in other crypto areas.

So I'm taking that as good news that the user base of steem is showing its strength. STEEM remains the biggest crypto project that is actually used and not just a speculative vehicle.

You deserve a pat on the back and a job well done for maintaining through this bear of a market. When the next pump comes, and it will I just don't know when, we will all be pretty happy for having built our stake even more.