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Title: A different way to look at Bitcoin's popularity, and some strange facts Post by: junoreactor on December 04, 2017, 05:57:38 PM Hi folks.
I often use similarweb to check the traffic of some websites, and I lately had a look at some Bitcoin related websites, one of the big names: Coinbase > https://www.similarweb.com/fr/website/coinbase.com#overview Blockchain.info > https://www.similarweb.com/fr/website/blockchain.info Kraken > https://www.similarweb.com/fr/website/kraken.com Localbitcoins > https://www.similarweb.com/fr/website/localbitcoins.com and just for fun, bitcointalk :) > https://www.similarweb.com/fr/website/bitcointalk.org The traffic on bitcointalk.org is as expected rising, but Coinbase, blockchain.info, Kraken and localbitcoins all seem to have a stable traffic over the months. Either these date are wrong, or I am missing something. Or the traffic is stable but the total amount of money invested divided by the number of investors is increasing? Any opinions welcome. ;) Title: Re: A different way to look at Bitcoin's popularity, and some strange facts Post by: meer45 on December 04, 2017, 06:23:40 PM I remember reading somewhere that coinbase had added 100K new users after Thanksgiving alone, so it would be surprising, to say the least, if coinbase's traffic really hasn't changed. If the traffic here is increasing, at least a certain portion of people who visit this website are bound to visit other cryptocurrency related websites as well, increasing their traffic.
Title: Re: A different way to look at Bitcoin's popularity, and some strange facts Post by: junoreactor on December 04, 2017, 06:43:50 PM I remember reading somewhere that coinbase had added 100K new users after Thanksgiving alone, so it would be surprising, to say the least, if coinbase's traffic really hasn't changed. If the traffic here is increasing, at least a certain portion of people who visit this website are bound to visit other cryptocurrency related websites as well, increasing their traffic. Thanks for your input. That would make sense. I had doubts already about the accuracy of similarweb figures in general and that would confirm that these data should be taken with a grain of salt.Title: Re: A different way to look at Bitcoin's popularity, and some strange facts Post by: alexeyzoki on December 04, 2017, 07:19:43 PM Satoshi Cycle at work here... But the growth can not be endless.
Title: Re: A different way to look at Bitcoin's popularity, and some strange facts Post by: Xavofat on December 04, 2017, 07:40:50 PM I don't know whether they're correct, but Alexa is very commonly used to estimate site metrics and it suggests that Coinbase (https://www.alexa.com/siteinfo/coinbase.com), blockchain.info (https://www.alexa.com/siteinfo/blockchain.info) and LocalBitcoins (https://www.alexa.com/siteinfo/localbitcoins.com) have all risen significantly in recent months.
It's understandable that Kraken's rank has fallen slightly, because recently Kraken has been known for being a very slow and buggy site which is becoming increasingly inconvenient for traders. It's kind of a shame that these exchange sites have a higher rank than places for discussion (for example, Bitcointalk's rank is around 1500 while CoinMarketCap's rank is about 250). It suggests that the majority of BTC users are primarily in it for speculative and investment purposes. |