Friday, July 20, 2012

Increasing Readership in the Bitcoin Sub-Reddit

One of the biggest online communities for Bitcoin enthusiasts is the r/bitcoin sub-reddit on I noticed in the spring that it was starting to gain readership at an increasing rate, so I decided to track the numbers.  Here's the result so far:

Unfortunately I didn't get any data points for the last month or so (except the most recent one), but the trend is still obvious. At this rate, readership will double by the end of 2012, demonstrating that there is indeed increasing interest in Bitcoin.

Bitcoin's Renaissance - The Stats

As Bitcoin has evidently found its second wind; let's take a look at the stats:

Number of daily transactions, excluding the top 100 addresses: record high.

Market cap: ~$80,000,000 USD: 10-month high.

Projected next difficulty: 1937112: record high.

MtGox order book depth: $3,300,000: 2012 high (at least).

Also, bitcoinity is back.  Bullish!