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Title: [STATS] Bitcointalk vs Bitcoin exchange rate (update 10/10/2014) Post by: dnaleor on October 10, 2014, 05:15:49 PM I picked up an old project if mine. I wanted to see if there is still a correlation between the bitcointalk stats and the Bitcoin exchange rate. Here are the results:
http://i.gyazo.com/23f6e5c02b412bdbf60c48e841b22a43.png http://i.gyazo.com/b64dc212248510a606da488c8eefdb6e.png Bitcointalk data is "smoothed" by averaging day n-1, day n and day n+1 to make the chart more readable. Title: Re: [STATS] Bitcointalk vs Bitcoin exchange rate (update 10/10/2014) Post by: dnaleor on October 10, 2014, 05:19:09 PM My first observations:
1) During the november bubble, the bitcointalk data didn't go up the same way as in the april bubble. This probably means that a lot of new bitcoiners don't visit bitcointalk. 2) However, we see a more organic growth in posts. The bubble was already deflating and the number of posts per day was still going up. 3) The number of new members per day is still higher than in the summer of 2013 (between the 2 bubbles) but lower than when the april bubble was spiking above 150 USD. 4) The number of new members seriously lagged during the november bubble ( largest spikes of new members were in februari-march-april). This probably means 2 things: -the chinese don't visit bitcointalk ;) -it was a speculative bubble, but afterwards a lot of new interested people joined bitcointalk |
