[2018-12-10] Still Trending: Bitcoin Subreddit Hits 1 Million Subscribers

[tyz]

Reddit is one of the oldest social media sites online, “the front page of the Internet” and a place to share stuff found online. Competitors like Voat.co have come and gone over the years, struggling to battle the network effect of the massive userbase, and while the site predominantly caters to the English-speaking Internet, its userbase rivals that of the United States itself, at 330 million as of September.
https://www.ccn.com/still-trending-bitcoin-subreddit-hits-1-million-subscribers/

[bbc.reporter]

@tvz. You missed the news about /r/bitcoin arriving on a new milestone of 1 million subscribers and growing hehehe.

In any case, that is one of the indicators if interest in bitcoin is growing or declining. I reckon Google trends for searching the word bitcoin has also grown by 50% lately.

[buwaytress]

There's really nowhere to go but up when it comes to aubacriber/follower metrics, don't you think? This forum his a million users I think last year, and the bitcoin subreddit maybe is a bit more active than here on some aspects but I don't know why I never really took to it. I do like the grassroots content you'd find there first, though.

Non news end of the day... Price might have an effect on growth rate (same as Google trend) but the forward momentum continues regardless.

Form is temporary, class permanent

[Kakmakr]

It feels like a bit of an anti-climax when we hit a million subscribers in a period where there are so much negativity and also when the price is dropping like this. We would have expected that we would reach a million subscribers when Bitcoin was on the roll and on a ATH. 

Could the reason for this be that many people subscribed to discuss the latest "dump" or was this just bad timing and it would have happened eventually. 

Oh well, congrats /r/Bitcoin !!!!!

[gentlemand]

Could the reason for this be that many people subscribed to discuss the latest "dump" or was this just bad timing and it would have happened eventually.  

Nothing but a slow accumulation. I haven't noticed any spikes on its way there. And of course many will be duplicates or bots.

I don't remember it ever being a paragon of intellectual rigour, but these days it seems more brain dead than ever. It's either memes or wilfully misinterpreted news most of the time.

[vit05]

Could the reason for this be that many people subscribed to discuss the latest "dump" or was this just bad timing and it would have happened eventually. 

Nothing but a slow accumulation. I haven't noticed any spikes on its way there. And of course many will be duplicates or bots.

I don't remember it ever being a paragon of intellectual rigour, but these days it seems more brain dead than ever. It's either memes or wilfully misinterpreted news most of the time.

Memes are essential for the future of Bitcoin. Good humor is something that attracts more public and users than long discussions. I do not believe that it is possible or necessary that we have a place with so many people and only serious discussions.

For very serious discussions there are other places much more suitable than Reddit.

[gentlemand]

Memes are essential for the future of Bitcoin. Good humor is something that attracts more public and users than long discussions. I do not believe that it is possible or necessary that we have a place with so many people and only serious discussions.

True but most of them are limp in the extreme. And if it isn't that then it's 'Man in Guam loses his bank card. Bank says it might take 4 days, or 5. Bitcoin user unaffected.'

It's much better than here for staying on top of news. It's still a weird, stunted platform.

[hatshepsut93]

Memes are essential for the future of Bitcoin. Good humor is something that attracts more public and users than long discussions. I do not believe that it is possible or necessary that we have a place with so many people and only serious discussions.

For very serious discussions there are other places much more suitable than Reddit.

/r/Bitcoin memes are garbage though, it's just the price circlerjerking with rollercoasters, lambo's and so on. Mainstream public doesn't care about that, not one bit.

But I think the sub becomes cancerous during spikes of trading activity, because that's when the memes and dumb price posts start to pop up. In the meantime it has some interesting posts, but it's a bit harder to find something interesting than on this forum because you have to scroll through many posts.

[Betwrong]

I think it's a good news for all Bitcoin supporters. Well, 1,000,000 is just a number and to realize the real value of this achievement we have to compare it with other subreddits. I just checked and I can say all subreddits devoted to other cryptocurrencies are far behind regarding the number of subscribers. But this should come as no surprise, right? Right. What is surprising (in a good way) is that subreddit /r/The_Donald, the most popular subreddit dedicated to Donald Trump, has less subscribers than /r/Bitcoin/:



I think, we can call it an achievement. Congrats, /r/Bitcoin!

(No sarcasm intended. I really think that Bitcoin needs more attention from the public, because good things can only benefit from attention, and Bitcoin is a good thing.)

[jademaxxiss012]

This probably because of the down trend of bitcoin market price so it is expected that bitcoin will be trending due to the fact that many had followed bitcoin and now it was being agitated with the bitcoin market price downfall. Anyway, we should still hoping that this trend will change the bitcoin for good and that is attracting more investors to invest on bitcoin.

[Alex_Zi]

Because people still believe that Bitcoin and other strong cryptocurrencies - the next step od economy development.