Bitcoin Forum

376335, that's a lot  :o.

But what concerns me is only the minority are active according to the stats on the forum most online was 7150 in april....thats at one point....I know gaming websites which have had more people online at once but less registrations than this forum. Yet there's only the regulars that post?

We've lost a lot of activity in recent months & I thought this would of been the most active point because of the price dropping I would of thought there would be panic posting...speculation & also people getting into Bitcoin because it's so cheap right now. But that hasn't been the case we are losing registrations quickly & Bitcoin price is still falling.

Is this linked do you think?


I do understand that people don't register because for a few months I didn't register because I was skeptical of all the scams etc.

Some people make multiple accounts, and then sell one. Since they'd be posting on one account, there's less activity overall for the community.
I played on a gaming site where the number of registered users was 500,000+ but only ~1000 were active, and even less were active on the forums. Some people decide to just quit, whilst others grow more inactive as they become preoccupied with other endeavors. If the price were to rise, I'd expect to see a surge in activity, but as it is, there's less interest. When the bitcoin price starts rising again after this fall, there'll probably be more people.

I think it makes sense the forum has less active users now than when the price was higher. The high price and spectacular increase it saw at the end of last year called a lot of attention. Many probably thought of it as a get rich quick scheme. Now that the price has been steadily declining for several months, they're probably leaving. Something else that might have helped the increase in activity in the forum in the past were the signature campaigns. I don't know for sure, but I imagine they were paying something like $100 a month for 50 posts then, while with the decline in price, they pay only about $30 for the same now.

That's something I didn't consider is people making multiple accounts and I suppose there is a huge amount of accounts which have signed up but only posted little to no posts.

Here's another shocking stat comparison: March 2014 = 45800 people registered. VS Last month = 8332


That's a huge difference anyone know what the price was in march 2014?

There are users with multiple accounts, old inactive accounts and banned accounts. I will not be surprised if active unique users is 10% of 376335.

Somewhere around $600 I think.

http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=360&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0&

http://bitcoincharts.com/charts/bitstampUSD#rg360ztgSzm1g10zm2g25

But what if you compare number of users registered pre china bubble? when there is a high price we will always get tons of users vs when its quiet.

It's still just trolls and permabears that make these accounts. Sorry, but out of all these registered users, there's probably some 50-100k accounts that are dupe and fake.

About 20% of all those accounts are probably banned because of spamming & other malicious activities.

Well you don't know that. They just may be inactive from other reasons. Spammers are maybe like  5% top.

Spammers are only 5%? They can create new accounts specifically intended to spam more haha...pretty sure they compose more than 5% of the community

yes, this community is growing bcoz bitcointalk is best place to discuss about bitcoin online
big community is good for us, we are getting a lot of new family members

Yep , now take off a "medium" percentage for Banned,Spammers,Multiple users :D

I think around 20% of the community could be considered active. This tends to be around the same for most of the good forums, I feel.

Only 4 in 2009  :D :D I say this forum is doing good.

Oh it's doing more then good mate :D They me be making over 500k $ / month. even if they aren't , they could

$500,000 a month from managing forums? That'd be amazing, if that's true. Don't think that's realistic though

Where did you find that number?

Hello newbie
What are you talking about

BitCoin Seller's post? haha. I don't see how they could be making a tenth of that, let alone 500k

According to https://bitcointalk.org/index.php?topic=780707.0, the forum has a total income of $285407 in 2013, and an income of 522 btc for Jan-Sept 2014. :)

That's impressive, but the other guy said $500,000 a month haha; $6000000 is quite a bit different from $300000... Six figs is great for managing a forum tho. Very impressed

Less than that, then again it might be a significant percentage from the last two years
Older accounts possibly joined then forgot their password etc or didn't have a PGP address they could sign with.
Of course theirs inactivity and forgetting accounts still should be closer to 3% on just banning by my guesstimate.

https://bitcointalk.org/index.php?topic=780707.0
Nice I've never seen the tax sheet always reminds me to check meta at least once every two weeks for changes.

Has anybody ever plotted new member growth against btc price? Is thre a correlation?

Guess not.
But the number of bitcointalk new members is readily available on https://bitcointalk.org/index.php?action=stats, it should be very easy to create the plot.


Speaking of the new members stats, any idea why there are so many members in Mar 8 - Mar 10, 2014?
I assume they are created by bot, but did something special happen during that 3 days?

Don't know for sure, but it could be related to some signature campaign, or someone creating accounts to sell later. Then again, bitcoin's price was going up towards $700 at that time if I'm not mistaken, so that could have helped.

Someone was botting to manipulate some dumb altcoin poll. Around 12k accounts were deleted, which why there's a large discrepancy in userid numbers vs registered users.

12 thousand? wow. For some reason it does not surprise me that someone was trying to manipulate altcoins

Why were the accounts not simply banned/nuked?

Holy crap. Someone must've REALLY wanted to affect those poll results. Imagine if he had manually created them all, haha. Yay for more registered users!