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Topic: Bitcointalk.org did it into the big cryptomedia today.... (Read 856 times)

legendary
Activity: 1792
Merit: 1283
That's nonsense data, an estimate from a Web analytics company based on who-knows-what.

The real data shows for example:
 - Late February 2018: ~3.51 million total ad impressions per day
 - Early January 2019: ~3.44 million total ad impressions per day
 - Late February 2019: ~3.41 million total ad impressions per day

Exactly what I said in another thread that came up with these figures (that visitor counts were dropping).

https://bitcointalksearch.org/topic/m.50131697


Also, how accurate are these statistics? Aren't they just estimates?
Only Theymos can provide us with accurate visitor stats of Bitcointalk.


Glad that you posted them here.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Let the media do their job. Who cares?
They do a shitty job in general, which is why I don't watch TV or even keep up with the world.  I find that I can function just fine without keeping abreast of world news.  On the other hand, crypto news does interest me but based on this article and others I've seen from CCN, I don't think that organization is reputable.  They obviously have some bias (which I happen to agree with, but it's bias nonetheless), and that's a huge red flag in my eyes.

The info in that article does make sense, though.  People aren't going to be as enthusiastic about an asset that's not doing much of anything other than existing at a price that's much lower than what it was at the end of 2017.  It shouldn't be surprising that google searches have dropped drastically if the mainstream media isn't reporting on bitcoin as much, but that doesn't worry me.  I've been into crypto long enough to know that lulls like this don't last forever, and that bitcoin will eventually start to move.

Based on the latter posts and the data theymos provided it's quite clear now that the media is really biased and I knew this from long time ago which is why I stopped watching the TV just like you did. Anyway whats on the TV is on the internet and besides that the internet gives us multiple results for a specific piece of information while the TV just shows filtered content which is set by the biased people. So it's best for us to stop following such Hippocratic biased people.

Quote
The question in my mind as I read this was what does this mean for all of these signature campaigns and bounties that rely on eyeballs?  Decreased traffic seems to imply that fewer people are going to be seeing all of this advertising, so I'm wondering if campaigns and bounties are headed toward oblivion.  
Well even if it was such a case then we could have also taken this thing as positively because all the shitposters are moving out of Bitcointalk due to the merit system which does mean there are less posters now but it also means that there are better posters now and more highlight will be given to better quality posts. This means that for every campaign the quality of posts will be better meaning that more people will see it. Just my point of view  Smiley
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
i think user number is advanced to price movement, so its a good indicator

Not as linear as you think. It may help but not guaranteed.
Price in any market is governed by demand and supply and  I see no exceptions here.
legendary
Activity: 3136
Merit: 3213
Its a never ending Story with him !
We have so often asked why he is here and what he want because he is complaining the most times about the Forum and Bitcoin !
But he dont leave !

Waste of Time !
legendary
Activity: 1484
Merit: 1491
I forgot more than you will ever know.
Unfortunately, your reality is from a parallel universe.

You can't fight bad faith with rationality unfortunately.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
well i help you by confronting you with reality,

Unfortunately, your reality is from a parallel universe.
Theymos already gave you the statistics from the server, not approximations made by 3rd party services that have a very low accuracy as they obviously can't track people that don't use their services.

The simple fact that the website that did the analysis ranked Wikipedia 10th while Alexa put it on 5th and Twitter on 6 while Alexa ranked it 11th should make you understand how accurate those are.

Just take a look what mess is when checking bitcointalk on both:

https://www.similarweb.com/website/bitcointalk.org
https://www.alexa.com/siteinfo/bitcointalk.org



sr. member
Activity: 1470
Merit: 325
well jes keep doing that with everyone that confronts you with issues, and you all will end up like a bunch of ghouls that lost connection to reality.
Can't you just leave if you think the forum sucks and it's slowly dying? No one really asked for your opinion. Everybody knows that you are just butthurt that you got tagged for merit abusing. Stop wasting your time here.

well i help you by confronting you with reality,

its not that i like and support your idea, of building bitcoin miners all over the world. and have a big fat global competition to mine bitcoin.

i consider that madness actually.
legendary
Activity: 2758
Merit: 6830
well jes keep doing that with everyone that confronts you with issues, and you all will end up like a bunch of ghouls that lost connection to reality.
Can't you just leave if you think the forum sucks and it's slowly dying? No one really asked for your opinion. Everybody knows that you are just butthurt that you got tagged for merit abusing. Why waste your time?
sr. member
Activity: 1470
Merit: 325
Yes we all know this Troll !

Everytime i read something of some posts or in some threads he created i just asking myself , why is he here ?

Because the most time he is against Bitcoin and says that it will be die and and and ......  !

Waste of time to discuss about with him and maybe he gets on my Ignore list !

well jes keep doing that with everyone that confronts you with issues, and you all will end up like a bunch of ghouls that lost connection to reality.
legendary
Activity: 3136
Merit: 3213
Yes we all know this Troll !

Everytime i read something of some posts or in some threads he created i just asking myself , why is he here ?

Because the most time he is against Bitcoin and says that it will be die and and and ......  !

Waste of time to discuss about with him and maybe he gets on my Ignore list !
legendary
Activity: 1484
Merit: 1491
I forgot more than you will ever know.
if the community of bitcoin talk keeps drying down, it wont be good for Bitcoin Either.

I knew you were a troll, I didn't know you had issues of understanding english.

It says nowhere that the community is dying down. It merely says there are less links posted on other sites.

It has little to do with actual audience of the forum.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
sr. member
Activity: 1470
Merit: 325
Looking at the chart on the referenced post, the 1 merit for Jr. Members introduced in mid September 2018 did not seem to alter the trend at all (number of posts per month), but rather continued its downward pattern, which, as expected, is in consonance to market (see for example chart comparison on re: Bitcointalk is Dying?).
< ... >
The way I see it, Bitcointalk seems to be rather aligned to how Bitcoin/cypto is behaving currently. That is natural and rather much unavoidable.
Agreed with you, @DdmrDdmr.
There are my time series plots, which support your stance above.

And this one
ABSTRACT
(1) 50% of observed months have intra-month registered account range from 2311 to 27790 (the interquartile range);
(2) 50% of observed months have intra-month registered account above or below 10432 (the median);
(3) The intra-month registered account fell 91.6% from its all time high in 2017 at 238400 to 20046; whilst the bitcoin decreased nearly 83.9%.
(4) The demotion on Junior Members in September 2018 probably caused intra-month registered accounts fell considerbaly later months.
(5) The difference in means of before and after periods (cut-off timepoint is Sept. 2018) is -63.6%.


Time-series plot

can you pls put the time correct bitcoin price as second lines of those diagrams would be nice to research the correlation between the community and the bitcoin price/market support
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
Looking at the chart on the referenced post, the 1 merit for Jr. Members introduced in mid September 2018 did not seem to alter the trend at all (number of posts per month), but rather continued its downward pattern, which, as expected, is in consonance to market (see for example chart comparison on re: Bitcointalk is Dying?).
< ... >
The way I see it, Bitcointalk seems to be rather aligned to how Bitcoin/cypto is behaving currently. That is natural and rather much unavoidable.
Agreed with you, @DdmrDdmr.
There are my time series plots, which support your stance above.

And this one
ABSTRACT
(1) 50% of observed months have intra-month registered account range from 2311 to 27790 (the interquartile range);
(2) 50% of observed months have intra-month registered account above or below 10432 (the median);
(3) The intra-month registered account fell 91.6% from its all time high in 2017 at 238400 to 20046; whilst the bitcoin decreased nearly 83.9%.
(4) The demotion on Junior Members in September 2018 probably caused intra-month registered accounts fell considerbaly later months.
(5) The difference in means of before and after periods (cut-off timepoint is Sept. 2018) is -63.6%.


Time-series plot
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
But I agree that they are not the only ones with low quality "news".
It is the way D.J.Trump name-called low quality news.
Personally, I don't really like his way to call all news that he don't like as fake news.
It sounds like a dictator.
Anyway, I agreed that news on so many well-known sites turned out to lower quality as they used to have.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
<…> so why these huge continuous loses then? <…>   
Well, due to all the crypto related factors that are now in reversal in relation to the hype around the beginning of 2018. There is an undeniable relationship between how the crypto market evolves, and how the number of forum members evolve, or the number of posts that they create over time. Being in a bear market, and after the ICO sphere general fiasco, we can’t expect the forum to be thriving in a diametric opposite direction than the general market.

Perspective also needs to be taken into consideration. Just yesterday I posted that the number of posts per month now seems to be similar to that of the first half of 2017 (see re:Statistics of user registrations on Bitcointalk 2017-2019. Like I said there:
<...> The number of created post per month is dropping to similar numbers as those around the first half of 2017. There is an obvious correlation to crypto hype and value variance, and the numbers are interpretable according to one’s perspective. For a person signed-up during early 2018, things are really quiet now. For a person who signed-up in 2016 or before mid 2017, numbers seem to be training back to those days. <…>
Looking at the chart on the referenced post, the 1 merit for Jr. Members introduced in mid September 2018 did not seem to alter the trend at all (number of posts per month), but rather continued its downward pattern, which, as expected, is in consonance to market (see for example chart comparison on re: Bitcointalk is Dying?).

Even the data provided by @theymos, while keeping what are probably decent numbers, when seen from a historical perspective (the provided link to the Ad stats has data going back to April 2012) shows the above.

The way I see it, Bitcointalk seems to be rather aligned to how Bitcoin/cypto is behaving currently. That is natural and rather much unavoidable.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
That's what Mr. President D. J. Trump called fake news.
Blame it on fake news.
Quote
Blame CCN for low quality news meant only for some extra views.
Not only CCN, but also the cointelegraph.com turned to be low quality crypto news site recent months, since the second half of 2018.

They are not fake per sé, but they can be misleading by omission and do it to prove their point.
The conclusion is correct, so I can't really call them fake news.

Quote
Those who won’t buy bitcoin again until they hear about it in Time Magazine will likely miss gains.


But I agree that they are not the only ones with low quality "news".
hero member
Activity: 2366
Merit: 838
That's what Mr. President D. J. Trump called fake news.
Blame it on fake news.
Quote
Blame CCN for low quality news meant only for some extra views.
Not only CCN, but also the cointelegraph.com turned to be low quality crypto news site recent months, since the second half of 2018.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Price goes up, price goes down....
users goes up, users go down ....
rinse and repeat.

Viz

Don't blame it on bitcointalk.
Don't blame it on bitcoin.

i think user number is advanced to price movement, so its a good indicator


I wrote already, I'll repeat it here too. It's not only the price. It's the ICOs and bounties that are far less now, it's the Merit that makes the low quality bounty hunters (and their way too many spawns) become jobless.
So indeed. Don't blame it on . Blame CCN for low quality news meant only for some extra views.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
Things are obviously quieter, as one would expect after all the bull run and ICO hype, but statistics often need to be relativized to a context and inner knowledge of how they are built.

Take for example Google Trends. Although the information it shows is valuable, one needs to take into consideration how it draws up the data (relativized to all searches performed on Google, and to the peak of the studied terms), and that the charts do not take into consideration sentiment (i.e. if we are talking positively or negatively about the search term) nor context.

This is a brief explanation of how Google Trends derives it’s data:

Google trends can be used as an indicator on multiple fields, although some studies have met poor results for its use as a predictor.For example s Google Trends a reliable tool for digital epidemiology? Insights from different clinical settings) concludes that:

"Taken together, the results of our study confirm that Google Trends has very modest reliability for delineating the true population epidemiology of relatively common diseases with poor media coverage or rarer diseases with large audience. Overall, Google Trends seems to be more influenced by media clamor than by the true epidemiological impact of disease, at least in the diseases examined here. Therefore, the real scientific usefulness of the so called "digital epidemiology" remains questionable, at least when using Google Trends."

We could of course find examples in favour and against, and although it certainly does have some appeal, one needs to be extra careful when interpreting the results:

On the one hand we need to understand how those charts are created. The charts set as the 100 threshold score the value where the search pattern is highest in relation to the searches performed in that same timeframe and geographical scope studied. All other readings on the chart are then relativizes to that maximum.

Say for example on day X the Bitcoin search term was sough 100K times out of 10M search searches, then the ratio for that day would be of 1%. If that was the maximum ratio for each date in the chart’s window, then that would be peak of the chart, and be set as base 100. Now if on another day there were 120K searches for Bitcoin, but the total amount of searches was of 16M, then the ratio would be of 0,75%, which is lower than the peak. Is it really lower? Well it is in relative search terms, but not in absolute search terms, where it is up by 20% that will not show on those relative charts.

Another factor to consider is sentiment: the charts ponder the number of searches for the term, but do not give it a context. I.e. Bitcoin could be suffering a severe crash and the number of searched on the engine related to Bitcoin will rise greatly, but the rise in the chart is counterproductive if interpreted alone without a context.


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