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Topic: Statistics of registrations on Bitcointalk 2017-2019 (Read 559 times)

jr. member
Activity: 193
Merit: 5
Looks like you're right. I apologize for the duplication of the topic, I did not find it before I made my translation. Probably my topic should be removed or closed? I ask the board of moderators.
hero member
Activity: 840
Merit: 962
HOLD BITCOIN! Fiat - SCAM!
Thanks for the translation, but it was created a year ago:

Statistics of user registrations on Bitcointalk 2017-2019

This topic is a double!
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
I made my analysis here: Assumed monthly statistics on registered accounts of bitcointalk.org (2009-2019). Below is abstract of my analysis, if you want to get full details, please visit my thread.
ABSTRACT

(1) Despite the rise of bitcoin to around $14,000, monthly registered accounts in last few months are too far away from all time high at 238433, in Dec. 2017.
(2) Minimum and maximum are 3 and 238433, in Nov. 2009, and December 2017, respectively.
(3) 50% of months (from Nov. 2009 to June 2019) have total monthly registered accounts in the range from 2611 to 24472 (the interquatile range).
(4) 50% of those months have total monthly registered accounts above or below 10691 (the median).
(5) The lowest and highest medians (of months for each year) found at 148 and 66895, in 2010 and 2018.
(6) From peaks on 20/12/2017, BTC close price and monthly registered accounts decreased 91.3%, and  81%, respectively, on 15/12/2018.
(7) Since 15/12/2018, BTC close price and monthly registered accounts increased 159%, and  7.8%, respectively, on 1/6/2019.

* Details of points (6), (7), please read the second post of this thread.

< ...>
Plot:
Plot
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
Great job, this stats are necessary for advertisers in the forum, that's why I can say signature campaign will always exist in the forum due to the kind of exposure they will get from millions of members.
Not much really, other than signature promotors, bounty hunters, the member would drop significantly to 10% in my opinion (less than 1% as per actmyname). I am too agreed with his logic behind it. The forum was created to spread, support, sharing knowledge about bitcoin but how much of us doing that or holding at least 1 BTC? I doubt the ratio would then be 1% of the current amount.
It could drop when they temporarily loss their interest, there could also be a correlation to the market movement, but since they have already registered, we can expect they'll be back soon interested in crypto, that's what matters a lot IMO.
True but at the end, most of those accounts are alt as well. To be honest, this forum has only a few people who are either real investor of bitcoin or just love to promote bitcoin.
That's 2.6 million in total, and assuming you are correct, what's the percentage of the real investor of bitcoin?
sr. member
Activity: 1372
Merit: 322
Great job, this stats are necessary for advertisers in the forum, that's why I can say signature campaign will always exist in the forum due to the kind of exposure they will get from millions of members.
Not much really, other than signature promotors, bounty hunters, the member would drop significantly to 10% in my opinion (less than 1% as per actmyname). I am too agreed with his logic behind it. The forum was created to spread, support, sharing knowledge about bitcoin but how much of us doing that or holding at least 1 BTC? I doubt the ratio would then be 1% of the current amount.
It could drop when they temporarily loss their interest, there could also be a correlation to the market movement, but since they have already registered, we can expect they'll be back soon interested in crypto, that's what matters a lot IMO.
True but at the end, most of those accounts are alt as well. To be honest, this forum has only a few people who are either real investor of bitcoin or just love to promote bitcoin.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
Great job, this stats are necessary for advertisers in the forum, that's why I can say signature campaign will always exist in the forum due to the kind of exposure they will get from millions of members.
Not much really, other than signature promotors, bounty hunters, the member would drop significantly to 10% in my opinion (less than 1% as per actmyname). I am too agreed with his logic behind it. The forum was created to spread, support, sharing knowledge about bitcoin but how much of us doing that or holding at least 1 BTC? I doubt the ratio would then be 1% of the current amount.
It could drop when they temporarily loss their interest, there could also be a correlation to the market movement, but since they have already registered, we can expect they'll be back soon interested in crypto, that's what matters a lot IMO.
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
legendary
Activity: 3332
Merit: 6809
Cashback 15%
Good stats. It shows how much interest there is out of crypto space about Bitcoin.
Interest, yes, but I'm sure a lot of the registrations are alt accounts looking to participate in bounties and campaigns.

Normally I wouldn't give out merits for a data compilation like this, but I found this interesting and never would have sought out the numbers on my own.  Thanks to OP for compiling them.  I'm not surprised about the 2017 data since the registrations increased as bitcoin shot toward its all-time high.  There probably were a lot of people being drawn in just out of interest based on what the price was doing--and after the crash, during the time when bitcoin was stuck in that $3500 range, registrations went down significantly.  Makes sense.

We are far from new ATH. We are now still in end of 2015 or early 2016.
Given how volatile and unpredictable bitcoin is, we're really not that far away.  It's quite possible that bitcoin could shoot past $20k at some point this year (but I'm hoping it doesn't).

sr. member
Activity: 334
Merit: 275
I was actually expecting bigger fluctuation during the time Bitcoin boomed and fell back down again. It would be interesting to look at the data in which people signed up during the boom of Bitcoin and how many users are still active several months after. Whether we are retaining users because they are interested in discussion of Bitcoin or because they wanted to get in on the action and get rich and as soon as it dropped down again they bailed.
legendary
Activity: 2730
Merit: 1288
Good stats. It shows how much interest there is out of crypto space about Bitcoin. Today there is less then it was in November last year.  So much for those that expect new ATH any moment.  
I've been thinking about this as well. It seems like the interest in bitcoin hasn't or isn't increasing nearly as much compared to the previous ATH.

But... Most of the people that signed up during that bull run were A. bounty hunters from (mostly) 3rd world countries, and B. 90% of the people that signed up never made a single post. So what interest was really displayed here..

We are far from new ATH. We are now still in end of 2015 or early 2016.
sr. member
Activity: 1372
Merit: 322
Great job, this stats are necessary for advertisers in the forum, that's why I can say signature campaign will always exist in the forum due to the kind of exposure they will get from millions of members.
Not much really, other than signature promotors, bounty hunters, the member would drop significantly to 10% in my opinion (less than 1% as per actmyname). I am too agreed with his logic behind it. The forum was created to spread, support, sharing knowledge about bitcoin but how much of us doing that or holding at least 1 BTC? I doubt the ratio would then be 1% of the current amount.
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
Great job, this stats are necessary for advertisers in the forum, that's why I can say signature campaign will always exist in the forum due to the kind of exposure they will get from millions of members.
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
Data taken from the OP, then converted.

Assumption:
I assumed that those statistics are for first days of months.

Code:
. list

     +------------------------------------------------------------------------------+
     | id   reguser   day   month2   year        date     week2     month   quarter |
     |------------------------------------------------------------------------------|
  1. |  1    100000    14        4   2013   14apr2013   2013w15    2013m4    2013q2 |
  2. |  2    500000    31        3   2015   31mar2015   2015w13    2015m3    2015q1 |
  3. |  3     93682     1        1   2017   01jan2017    2017w1    2017m1    2017q1 |
  4. |  4    950176     1        2   2017   01feb2017    2017w5    2017m2    2017q1 |
  5. |  5    962853     1        3   2017   01mar2017    2017w9    2017m3    2017q1 |
     |------------------------------------------------------------------------------|
  6. |  6    977613     1        4   2017   01apr2017   2017w13    2017m4    2017q2 |
  7. |  7    993420     1        5   2017   01may2017   2017w18    2017m5    2017q2 |
  8. |  8   1017398     1        6   2017   01jun2017   2017w22    2017m6    2017q2 |
  9. |  9   1050131     1        7   2017   01jul2017   2017w26    2017m7    2017q3 |
 10. | 10   1091142     1        8   2017   01aug2017   2017w31    2017m8    2017q3 |
     |------------------------------------------------------------------------------|
 11. | 11   1133396     1        9   2017   01sep2017   2017w35    2017m9    2017q3 |
 12. | 12   1179583     1       10   2017   01oct2017   2017w40   2017m10    2017q4 |
 13. | 13   1269026     1       11   2017   01nov2017   2017w44   2017m11    2017q4 |
 14. | 14   1366370     1       12   2017   01dec2017   2017w48   2017m12    2017q4 |
 15. | 15   1557907     1        1   2018   01jan2018    2018w1    2018m1    2018q1 |
     |------------------------------------------------------------------------------|
 16. | 16   1782483     1        2   2018   01feb2018    2018w5    2018m2    2018q1 |
 17. | 17   1894695     1        3   2018   01mar2018    2018w9    2018m3    2018q1 |
 18. | 18   1992339     1        4   2018   01apr2018   2018w13    2018m4    2018q2 |
 19. | 19   2079237     1        5   2018   01may2018   2018w18    2018m5    2018q2 |
 20. | 20   2171230     1        6   2018   01jun2018   2018w22    2018m6    2018q2 |
     |------------------------------------------------------------------------------|
 21. | 21   2248912     1        7   2018   01jul2018   2018w26    2018m7    2018q3 |
 22. | 22   2318752     1        8   2018   01aug2018   2018w31    2018m8    2018q3 |
 23. | 23   2373136     1        9   2018   01sep2018   2018w35    2018m9    2018q3 |
 24. | 24   2418498     1       10   2018   01oct2018   2018w40   2018m10    2018q4 |
 25. | 25   2457852     1       11   2018   01nov2018   2018w44   2018m11    2018q4 |
     |------------------------------------------------------------------------------|
 26. | 26   2492979     1       12   2018   01dec2018   2018w48   2018m12    2018q4 |
 27. | 27   2516483     1        1   2019   01jan2019    2019w1    2019m1    2019q1 |
 28. | 28   2538716     1        2   2019   01feb2019    2019w5    2019m2    2019q1 |
 29. | 29   2554918     1        3   2019   01mar2019    2019w9    2019m3    2019q1 |
 30. | 30   2573850     1        4   2019   01apr2019   2019w13    2019m4    2019q2 |
     |------------------------------------------------------------------------------|
 31. | 31   2591760     1        5   2019   01may2019   2019w18    2019m5    2019q2 |
 32. | 32   2616232     1        6   2019   01jun2019   2019w22    2019m6    2019q2 |
 33. | 33   2638589     1        7   2019   01jul2019   2019w26    2019m7    2019q3 |
     +------------------------------------------------------------------------------+

legendary
Activity: 3472
Merit: 1721
2 500 000 user has been registered 08, 2018, 01:26:27 PM

*December 08

Good stats. It shows how much interest there is out of crypto space about Bitcoin. Today there is less then it was in November last year.  So much for those that expect new ATH any moment.  

It was bound to happen, the supply of people interested in cryptocurrencies isn't limitless. There's also competition in the form of discord/reddit/telegram/twitter/facebook. It'd be better to compare real cumulative volume across all cryptocurrency exchanges to get a clearer picture of actual interest in Bitcoin/cryptocurrencies.

BTW, forum ad stats also give a rough view of forum activity: https://bitcointalk.org/adrotate.php?adstats
hero member
Activity: 1120
Merit: 554
So many accounts register that don't even make one post though.  The stats make this forum look a lot more active then it truly is.  Factor in how many people make multiple accounts and the number of actual new users is kinda low.
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
What a plot!

Code:
. list, abb(30)

     +------------------------------------------------------------------------------------+
     | id   week   reguser   day   month2   year        date     week2    month   quarter |
     |------------------------------------------------------------------------------------|
  1. |  1      1    100000    14        4   2013   14apr2013   2013w15   2013m4    2013q2 |
  2. |  2      2    500000    31        3   2015   31mar2015   2015w13   2015m3    2015q1 |
  3. |  3      3   1000000    11        5   2017   11may2017   2017w19   2017m5    2017q2 |
  4. |  4      4   2000000     3        4   2018   03apr2018   2018w14   2018m4    2018q2 |
  5. |  5      5   2500000     8        1   2019   08jan2019    2019w2   2019m1    2019q1 |
     +------------------------------------------------------------------------------------+
sr. member
Activity: 882
Merit: 301
It shows how much interest there is out of crypto space about Bitcoin.  
I don't know about this. I started in crypto early 2017 but I did not register here until October. The interest when I joined was not so much in bitcoin but interest in making money from airdrops. Many of the airdrops back in 2017 would require hunters to register and comment on their ANN.
copper member
Activity: 1960
Merit: 1638
Top Crypto Casino
Good stats. It shows how much interest there is out of crypto space about Bitcoin. Today there is less then it was in November last year.  So much for those that expect new ATH any moment.  
I've been thinking about this as well. It seems like the interest in bitcoin hasn't or isn't increasing nearly as much compared to the previous ATH.

But... Most of the people that signed up during that bull run were A. bounty hunters from (mostly) 3rd world countries, and B. 90% of the people that signed up never made a single post. So what interest was really displayed here..
It's understandable during the period of ATH, there was no merit system.
Most of them were looking to spam and probably farm accounts too.
I think most have realized that it's so hard to do it under the merit system
legendary
Activity: 1946
Merit: 1427
Good stats. It shows how much interest there is out of crypto space about Bitcoin. Today there is less then it was in November last year.  So much for those that expect new ATH any moment.  
I've been thinking about this as well. It seems like the interest in bitcoin hasn't or isn't increasing nearly as much compared to the previous ATH.

But... Most of the people that signed up during that bull run were A. bounty hunters from (mostly) 3rd world countries, and B. 90% of the people that signed up never made a single post. So what interest was really displayed here..
legendary
Activity: 2730
Merit: 1288
Good stats. It shows how much interest there is out of crypto space about Bitcoin. Today there is less then it was in November last year.  So much for those that expect new ATH any moment.  
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