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53 sats \ 7 replies \ @0xbitcoiner 23h \ on: Research in Public #05: Does btc price affect SN behavior? Experiment failure! econ
Can’t back it with stats, but feels normal that higher BTC prices mean smaller zaps and more friction posting where it’s pricey.
Feels normal as in, "it would make sense", or "I did notice a pattern"?
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"it would make sense"
I’ve been on SN for like two years, and honestly, I zap pretty much the same as always. Maybe at the start I zapped less and with smaller amounts.
edit: @SimpleStackerMight be interesting to throw up a poll about how zap habits change with Bitcoin price.
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Don’t remember seeing those posts, I’ll check them out! Thanks!
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Looks like they're from slightly before your time. I was obsessed with the rewards system early on. It's absolutely amazing applied mechanism design.
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Hahaha! You just made me realize I hit 2 years on SN last Saturday (Oct 11). Happy anniversary to me!
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Yeah, anecdotally my zapping or posting behavior doesn't change too much with bitcoin price fluctuations. But on a longer time scale / price scale it might.
Might be interesting to throw up a poll about how zap habits change with Bitcoin price.
Good idea
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