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RE: The State of Steem - August Expansion
yes the number of active accounts is actually around only 25,000 or so right? I cant tell because steemd.com/distribution is down and yeah the number or actual active users is probably close to that! But its still growing but yes this is why steem price hasn't been going up as much as we expect, the new accounts mean nothing exactly!
What we need is more active users! And THEN with more active users and people who earn steem and see the value of steemit we will have people buying steempower which will finally start us on our way to $10 steem.