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LegendaryActivity: 1470Merit: 1000Want privacy? Use Monero! [STATS] Bitcointalk stats vs BTC value chart - UPDATE 01/09 - analysis June 12, 2013, 06:47:56 PM

Last edit: September 01, 2013, 11:01:24 AM by dnaleor #1

"Smooth chart" ( average of day-1, current_day and day+1)



Logarithmic version:





Based on the stats of this forum, I created a nice chart.

What we can see, it correlates nicely with the bitcoin price.



However, some other conclusions can be made:

1) the number of new posts stays relatively high compared to the previous bitcoin price spike in june 2011.

The data is still "fresh" but if this trend continues, we could say that the overall interest ('talk') about bitcoin has gone up and will stay at this high level.

2) a lot of new members during price rally's, but this trend never continues. So the number of new members could maybe indicate a bubble effect?

3) the number of page views hit new records after the price spike. Sadly, we can't compare to the june 2011 price spike (no data). What could be the explanation?



Any thoughts?





(BTC price added. Used data weighted average MTGOXusd from bitcoincharts.com) "Smooth chart" ( average of day-1, current_day and day+1)Logarithmic version:Based on the stats of this forum, I created a nice chart.What we can see, it correlates nicely with the bitcoin price.However, some other conclusions can be made:1) the number of new posts stays relatively high compared to the previous bitcoin price spike in june 2011.The data is still "fresh" but if this trend continues, we could say that the overall interest ('talk') about bitcoin has gone up and will stay at this high level.2) a lot of new members during price rally's, but this trend never continues. So the number of new members could maybe indicate a bubble effect?3) the number of page views hit new records after the price spike. Sadly, we can't compare to the june 2011 price spike (no data). What could be the explanation?Any thoughts?(BTC price added. Used data weighted average MTGOXusd from bitcoincharts.com) Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower

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Activity: 1592

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LegendaryActivity: 1592Merit: 1001 Re: [STATS] Bitcoin bubble or are we here to stay? June 13, 2013, 09:02:24 AM #9 Quote from: dnaleor on June 12, 2013, 06:47:56 PM



Based on the stats of this forum, I created a nice chart.

What we can see, it correlates nicely with the bitcoin price.



However, some other conclusions can be made:

1) the number of new posts stays relatively high compared to the previous bitcoin price spike in june 2011.

The data is still "fresh" but if this trend continues, we could say that the overall interest ('talk') about bitcoin has gone up and will stay at this high level.

2) a lot of new members during price rally's, but this trend never continues. So the number of new members could maybe indicate a bubble effect?

3) the number of page vieuws hit new records after the price spike. Sadly, we can't compare to the june 2011 price spike (no data). What could be the explanation?



Any thoughts?







And maybe donate something for the effort ) (If you want to do data mining, check the excel-file here: http://www.sendspace.com/file/atkufw And maybe donate something for the effort

Based on the stats of this forum, I created a nice chart.What we can see, it correlates nicely with the bitcoin price.However, some other conclusions can be made:1) the number of new posts stays relatively high compared to the previous bitcoin price spike in june 2011.The data is still "fresh" but if this trend continues, we could say that the overall interest ('talk') about bitcoin has gone up and will stay at this high level.2) a lot of new members during price rally's, but this trend never continues. So the number of new members could maybe indicate a bubble effect?3) the number of page vieuws hit new records after the price spike. Sadly, we can't compare to the june 2011 price spike (no data). What could be the explanation?Any thoughts?

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