Is there a correlation between the number of steemers and the value of steem?
I ask this question as it could be there will be an influx of u-tubers due to if your channel attracts < 1000 followers you will be denied any potential advertising revenue.
Also, FB is trying to stem bleed user departure by promoting the quality engagement mantra. So a change of algorithm to favor comments, and groups, and away from likes.
This might also promote a shift to Steemit.
Therefore back to original question. If there is such a correlation, might it be a good time to buy more Steem?