Assumptions
To understand the proof, we have to first agree on the three assumptions I make. These assumptions are hardly assumptions and more of a commonly accepted FACT. These are:
Value of a crypto currency has direct correlation to the number of people using it.
Worlds top most populous country with relatively unrestricted internet access is India.
Any social media platform will realize its true potential only when India is on board.
I will further prove these assumptions so that any doubt lingering in your mind can be put to rest once and for all.
Lets Begin
The events of last month when bitcoin touched $5000 has brought Indians into the crypto-sphere. This is not an idle statement and can be easily corroborated by google trends chart for search terms "Bitcoin" and "Cryptocurrency":
Curious case of Quora
Steemit as an innovative Social Media Platform that Actually Pays the users to post and curate content will be quite popular in India where incomes are low and educated people who can potentially contribute to this platform are many. The event bears stark resemblance to advent of Social Sharing Platform Quora in India which boosted the overall popularity of Quora.
You can see yourself how Indian interest in Quora reflects in its worldwide interest in the charts below. In fact, there are more Indians on Quora than USA where Quora is based.
Increasing popularity of Steemit.com in India
And at last I bring to you the proof of increasing popularity of Steemit.com in India. Google trends corroborate my argument as shown below:
Data obtained from Semrush.com
Semrush, a website which provides traffic data, shows how steemit.com is getting more popularity in India:
Advent of Steemit in India is usually accompanied by overall interest from rest of erstwhile british colonies in Asia that includes pakistan and bangladesh. I cannot over emphasize the fact that these are extremely populous countries and will lead to sky rocketing of Steemit.com and its base currency Steem.
And at last just to make you believe my previous argument, I have bought paid subscription of Semrush to get you additional data. Here, take a look:
Epilogue
I have established steemit.com has just arrived in India and established correlation with worldwide data. I have also presented the case study of Quora.com to predict future trend of price of Steem and popularity steemit.com.
Cheers. To the mooooon.