Bitcoin Reddit Traffic grows for the first time since the beginning of the year

Bitcoin Reddit Traffic grows for the first time since the beginning of the year

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The moderator of the popular subordinate devoted to bitcoin, said that the attendance rate began to grow again, while from December it only fell. This is written by Bitcoinist.

According to the Alexa Rankings service, Reddit ranked 14th in the world in terms of attendance and 5th in the US. The site provides a platform for discussing various topics, including cryptocurrencies.

Sabordid r/Bitcoin is ranked 112th by the number of subscribers and is the most popular forum on the site to discuss issues related to bitcoin. It was opened in September 2010 and has been growing ever since, especially at the end of last year against the backdrop of a rapid rise in the bitcoin rate. So, in November 2017 it was signed by 400 000 people, and today it is read by over 914 000 users.

Activity declined this year amid a continued decline in bitcoin prices. However, on Wednesday, one of the moderators of sub-reddit under the nickname “BashCo” in his Twitter paid attention to the change of trend. “The attendance of r/Bitcoin has been falling every month since December 2017. BEFORE THIS MOMENT. Is a bull market being formed? ” He wrote.

BashCo believes that traffic growth can be a positive signal, as people are again looking for information about bitcoin.

In the meantime, the co-founder of Reddit Alexis Ohanyan continues to pin hopes on bitcoin, despite the dynamics of this year. He believes that, unlike prices, the practical importance of cryptoсurrency continues to grow.

“Bitcoin is gaining popularity as a means of accumulation, especially in countries such as Turkey, whose economies are experiencing a significant economic crisis. But while we stay at the very earliest stages,” he said.

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