Initially the merit system might have had a significant effect in the drop in posts, as lots of demoted jr members had no reason to keep actively posting in the forum. We were left with those determined to earn merits and those complaining about the unfair system.
The bad market of the past month has reduced interest of most in bitcoin and cryptocurrency related content.
I also expect a rise is activity with that of bitcoin.
In one way this is true if we take price for parameter. On other hand many see that earning merit is not that simple, you cant get merit just for post something you need to pick the right time for it. This system is good and so far made results. Reading little and see that some suggest we have demerit maybe this could effect something as well. Or we will have on the other hand again new users complaining about unfair system (this is something that I have read here that most newbies and jr. members as well as demoted jr. member were complaining about).
No matter what happens this will be in one way another good solution for the forum to have some good post and another way to reduce spam, cuz think it could be good idea if someone goes to - merit he could be maybe restricted to post once every 2,3 or four hours difference.