Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Forum related => Topic started by: MrSpasybo on September 02, 2024, 05:24:32 AM

Title: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 02, 2024, 05:24:32 AM
I decided to create a simple monthly report at the end of each month so we can track, compare and evaluate the quality of the forum.

I hope to have everyone's contributions so we can have better reporting in the future. Thank you very much!

This is the August 2024 report.

All can check last reports:
January 2024: https://www.altcoinstalks.com/index.php?topic=316731
February 2024: https://www.altcoinstalks.com/index.php?topic=318667
March 2024: https://www.altcoinstalks.com/index.php?topic=319996
April 2024: https://www.altcoinstalks.com/index.php?topic=321049
May 2024: https://www.altcoinstalks.com/index.php?topic=321767
June 2024: https://www.altcoinstalks.com/index.php?topic=322540
July 2024: https://www.altcoinstalks.com/index.php?topic=323234

I. Data from our forum

1. Number of members: 89,729 (+152 ~ +0.17%)

2. Number of Topics = 290,808 (+579 ~ +0.20%)

3. Number of Posts = 1,550,551 (+19,060 ~ +1.24%)

(https://talkimg.com/images/2024/09/02/9LTvC.png)

II. Data from SimilarWeb (https://www.similarweb.com/website/altcoinstalks.com)

1. Rank
Global Rank: #1,072,218 (down 297,100)
Country Rank: #145,639 (down 43,955) in Russia

(https://talkimg.com/images/2024/09/02/9LNNH.png)

2. Total Visits: 30.4K/month (-11.2K ~ -26.92%)

3. Bounce Rate: 50.59% (-1.68%)

3. Pages per Visit: 2.99 (-0.65 ~ -17.86%)

4. Avg Visit Duration: 00:03:06

(https://talkimg.com/images/2024/09/02/9Ltgb.png)

5. Traffic by Country
Russia: 33.11%
US: 11.8%
Serbia: 10.42%
Germany: 8.28%
India: 7.75%

(https://talkimg.com/images/2024/09/02/9LFuv.png)

6. Traffic sources:
Direct: 49.01% (-12.69%)
Referral: 9.44% (+1.38%)
Search: 38.95% (+11.01%)
Social: 1.89% (+0.12%)
Mail: 0.19% (+0.03%)
Display: 0.45% (+0.1%)
Paid: 0%

7. Top Competitor: Bitcoin-Zarabotat

(https://talkimg.com/images/2024/09/02/9LEog.png)

III. Summary

||
Month
|
Members
|
Topics
|
Posts
|
Rank
|
Visits
|
Bounce Rate
||
||
|
|
|
|
|
|
||
||
Jan 2024
|
88,523
|
285,277
|
1,422,360
|
540,599
|
45.4K
|
52.28%
||
||
|
|
|
|
|
|
||
||
Feb 2024
|
88,762
+239
+0.27%
|
286,672
+1,395
+0.49%
|
1,444,200
+28,840
+1.54%
|
#471,101
up 69,498
|
95.9K
+50.5K
+111.4%
|
65.13%
+12.85%
||
||
|
|
|
|
|
|
||
||
Mar 2024
|
88,970
+208
+0.23%
|
287,655
+983
+0.34%
|
1,465,986
+21,786
+1.51%
|
#739,490
down 268,389
|
70.2K
-25.7K
-26.8%
|
68.06%
+2.93%
||
||
|
|
|
|
|
|
||
||
Apr 2024
|
89,147
+177
+0.2%
|
288,471
+816
+0.28%
|
1,486,053
+20,067
+1.37%
|
#911,789
down 172,299
|
57.7K
-12.5K
-18.12%
|
63.8%
-4.26%
||
||
|
|
|
|
|
|
||
||
May 2024
|
89,264
+117
+0.13%
|
289,069
+598
+0.21%
|
1,499,021
+12,968
+0.87%
|
#495,176
up 416,613
|
137.8K
+80.3K
+139.65%
|
63.56%
-0.24%
||
||
|
|
|
|
|
|
||
||
June 2024
|
89,435
+171
+0.19%
|
289,670
+601
+0.21%
|
1,514,561
+15,540
+1.04%
|
#480,386
up 14,790
|
146.2K
+8.4K
+6.1%
|
64.64%
+1.08%
||
||
|
|
|
|
|
|
||
||
July 2024
|
89,577
+142
+0.16%
|
290,229
+559
+0.19%
|
1,531,491
+16,930
+1.12%
|
#775,118
down 238,425
|
41.6K
-104.6K
-71.55%
|
52.57%
-12.07%
||
||
|
|
|
|
|
|
||
||
August 2024
|
89,729
+152
+0.17%
|
290,808
+579
+0.20%
|
1,550,551
+19,060
+1.24%
|
#1,072,218
down 297,100
|
30.4K
-11.2K
-26.92%
|
50.59%
-1.68%
||
||
|
|
|
|
|
|
||
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: Faisal2202 on September 03, 2024, 07:04:16 AM
The traffic is increasing month by month, I mean, July only eats most of the traffic. Where did that traffic go? The traffic is now only 30k, while before it used to be more than 140k. In August traffic also reduced by 10k, which is a big number of what is happening. I think moderators and presidents should ban and tag lesser users hahaha just being frank, I know moderation is necessary for the smooth experience of the forum, and if they won't control things now then later they might be out of their hands like they have to work more moderate.

I am glad that you added the bounce rate thing as well. It will give us an idea of whether the traffic we are getting is spending some time on the forum or not. As we can see in March, the traffic decreased but the bounce rate increased.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: _act_ on September 03, 2024, 12:13:30 PM
The traffic is increasing month by month, I mean, July only eats most of the traffic. Where did that traffic go?
I do not think the reduction in traffic is because of people that are banned from this forum and I also do not think it is because of any moderation policies. It could be related to cryptocurrencies. We are in the period that the market is not good. Bitcoin and altcoins have fallen. Most especially the altcoins. Expect more traffic during bull run.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: dragononcrypto on September 03, 2024, 03:21:13 PM
+1 is interesting to see the data. I'm more curious to know how this compared to last year or previous years though. Are there any old topics for this?
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 03, 2024, 06:06:06 PM
+1 is interesting to see the data. I'm more curious to know how this compared to last year or previous years though. Are there any old topics for this?
Unfortunately, I only started collecting statistics from the beginning of 2024 and don't have data for previous years. I'm not sure if other statistical tools, like Google Analytics, can provide such data for the entire history of AltcoinsTalks.

The data tells us more than I expected, showing us the forum development. For example, the current crypto market downturn has also led to a decrease in forum traffic. I hope that in the upcoming crypto bullrun, we will also see growth and liveliness on AltcoinsTalks.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: Findingnemo on September 03, 2024, 06:30:10 PM
For example, the current crypto market downturn has also led to a decrease in forum traffic. I hope that in the upcoming crypto bullrun, we will also see growth and liveliness on AltcoinsTalks.

Usually, when the market is stagnant with slight movements up and down, it becomes less interesting for people to engage in discussions related to crypto, but we are not too far away from the bull run kick-in. My assumption is we will be there in Q2 2025.

As far as I noticed the activity on the English boards increased a lot than the previous months still there's a slight dip in total activity so probably less activity in the local boards causing this.

Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: bitmover on September 03, 2024, 08:25:40 PM
For example, the current crypto market downturn has also led to a decrease in forum traffic. I hope that in the upcoming crypto bullrun, we will also see growth and liveliness on AltcoinsTalks.

Usually, when the market is stagnant with slight movements up and down, it becomes less interesting for people to engage in discussions related to crypto, but we are not too far away from the bull run kick-in. My assumption is we will be there in Q2 2025.

I always think that price oriented posts are not very useful.

We rarely see significant discussions which really carries any value when discussing prices and projections...

However,  bull runs always trigger higher forum activity and new posts, as more people come to join the forum and get interest in crypto
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: Findingnemo on September 04, 2024, 03:19:22 PM
I always think that price oriented posts are not very useful.

We rarely see significant discussions which really carries any value when discussing prices and projections...

Kinda true, speculation is nothing but speculation however imagine when we are on bull season that is when the crypto will be on the trend over media so new users will be coming and that's when the people start to find the crypto forums whether its bitcointalk or ALTT.

Lately, social media apps also come into the play that limiting the users from exploring the forum-like platforms.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 04, 2024, 07:40:47 PM
Kinda true, speculation is nothing but speculation however imagine when we are on bull season that is when the crypto will be on the trend over media so new users will be coming and that's when the people start to find the crypto forums whether its bitcointalk or ALTT.

Lately, social media apps also come into the play that limiting the users from exploring the forum-like platforms.
Yeah, a bull run will always bring positive impacts to all crypto-related fields, including crypto forums like AltcoinsTalks. Experience has shown that the forum was very lively when BTC hit its ATH: this happened at the end of 2017 and 2021, and I think it will come at the end of 2025.

I think the market's sideways movement is the main reason why discussions about crypto have decreased, not the rise of entertainment applications. Everyone cares about income, they will come to crypto instead of scrolling TikTok if crypto offers the opportunity to become a millionaire thanks to NFTs or memecoins ^^
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: dkbit98 on September 06, 2024, 07:13:08 PM
I don't know what is going on with ranking but we dropped to all-time low since we started monitoring activity.
Number of visits is also going down to all-time low compared to all previous months, but maybe that is a normal thing to happen during the summer season, and I also noticed decreased activity in other forums.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: PX-Z on September 07, 2024, 12:32:17 AM
I don't know what is going on with ranking but we dropped to all-time low since we started monitoring activity.
I bet these are those external/non-registered forum users stop visiting the forum on the month of August same on July as these 2 months prices of bitcoin hit $50k although it got back up on last week of July but it went down on August.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: Faisal2202 on September 07, 2024, 04:30:51 PM
I do not think the reduction in traffic is because of people that are banned from this forum and I also do not think it is because of any moderation policies. It could be related to cryptocurrencies. We are in the period that the market is not good. Bitcoin and altcoins have fallen. Most especially the altcoins. Expect more traffic during bull run.
I got your point and I also agree with it because 110k users are not the ones who had alternative accounts or were doing spam they definitely left the forum for some other reasons too and the market's current situation is a good factor to consider. So this means when the bear market comes we will see more people leaving this forum, although in a bear market, there can be a lot of discussion and events of BTC.

What can we guys do to increase the traffic to this forum? I found a section in the forum-related board where they have a sub-section of heroes and legendaries and they discuss how to increase the traffic and contribute to this forum. I came to know about it recently so I will see how can I contribute.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: rdluffy on September 07, 2024, 04:49:38 PM
Congratulations, nice thread!  ;)

It's nice to compare to get a better idea of what's going on
In July there were: Total Visits: 146.2K/month
Then in August: 41.6K/month

How to explain?
In my perception, I couldn't notice any difference because the threads and posts remained at the same number
What generated so many visits that this spike occurred?

can anyone tell if there is paid traffic to promote the forum?

In general, the forum seems busier, with more campaigns taking place, a lot of users posting regularly...
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: Lucius on September 07, 2024, 05:08:06 PM
~snip~
I think the market's sideways movement is the main reason why discussions about crypto have decreased, not the rise of entertainment applications. Everyone cares about income, they will come to crypto instead of scrolling TikTok if crypto offers the opportunity to become a millionaire thanks to NFTs or memecoins ^^


I agree that there is something to it, because summer in the Northern Hemisphere is always a time when many people travel, and in addition, perhaps part of the reduced activity comes from the fact that a part of the forum users are somewhat disappointed in the effects of halving (completely unjustified, of course). We can hope that the situation will improve in the coming months, and maybe everyone should mention this forum to someone they know who is interested in cryptocurrencies.

Of course it's a small step, but every journey begins with a small step :)

+1
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: KingsDen on September 08, 2024, 11:27:02 PM
Nice thread.
But I think I have seen a similar thread here in the forum. If you were the starter of the other thread, it will be nice to maintain one single thread and be updating it monthly.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: dragononcrypto on September 08, 2024, 11:33:55 PM
Nice thread.
But I think I have seen a similar thread here in the forum. If you were the starter of the other thread, it will be nice to maintain one single thread and be updating it monthly.

There's a thread for each month, this is fine. There's no requirement to have a single thread that get's updated once a month.

Personally I prefer a new thread each time as otherwise the latest info can get lost within the replies.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: KingsDen on September 09, 2024, 12:41:30 PM
Nice thread.
But I think I have seen a similar thread here in the forum. If you were the starter of the other thread, it will be nice to maintain one single thread and be updating it monthly.

There's a thread for each month, this is fine. There's no requirement to have a single thread that get's updated once a month.

Personally I prefer a new thread each time as otherwise the latest info can get lost within the replies.
My concern was tracking the older posts. I was of the opinion that if they are not assembled in a particular thread it would be difficult to be found even with search tool, you might not land at the month you are looking for.

But haven reexamined the post, I understand that you link the older posts in every new thread you create. That is nice and it means that it is fine this way.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: Lucius on September 09, 2024, 03:09:44 PM
~snip~
But haven reexamined the post, I understand that you link the older posts in every new thread you create. That is nice and it means that it is fine this way.


It's a bit strange that you didn't notice it in the first post, because all the links are more than visible. Also, @dragononcrypto is not the author of this (nor the other linked topics), but the author is @MrSpasybo.

Looks like you're having a bit of a rough Monday or you just need to wipe the screen a little better ;)
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 09, 2024, 07:02:13 PM
I agree that there is something to it, because summer in the Northern Hemisphere is always a time when many people travel, and in addition, perhaps part of the reduced activity comes from the fact that a part of the forum users are somewhat disappointed in the effects of halving (completely unjustified, of course). We can hope that the situation will improve in the coming months, and maybe everyone should mention this forum to someone they know who is interested in cryptocurrencies.

Of course it's a small step, but every journey begins with a small step :)
Currently, I can sense the negative sentiment in the market through the decreasing views on crypto news channels or the declining interaction in crypto Telegram group chats. If this also affects AltcoinsTalks traffic, I wouldn't be surprised, as AltcoinsTalks is also a part of this market.

I regret not creating topics like this years ago to confirm my observations more clearly. Anyway, these topics in 2024 might be used in 2028 before we enter the next bullrun ^^
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: rdluffy on September 11, 2024, 01:51:43 AM
Currently, I can sense the negative sentiment in the market through the decreasing views on crypto news channels or the declining interaction in crypto Telegram group chats. If this also affects AltcoinsTalks traffic, I wouldn't be surprised, as AltcoinsTalks is also a part of this market.

I regret not creating topics like this years ago to confirm my observations more clearly. Anyway, these topics in 2024 might be used in 2028 before we enter the next bullrun ^^

It's very interesting when you see the data for comparison and analysis
As I said in my previous post, at least the threads and posts remained almost the same, but you can see that the feeling has changed
The vast majority show up when prices start to rise quickly and when they rise a lot, then they lose interest and only return when the cycle starts again, it's all about the cycles, and even in real life I see a declining interest about crypto, nobody is asking me about BTC nowadays  :D

It's also interesting to note that the best time to build any kind of project is now, when the market is down
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 11, 2024, 06:06:14 PM
It's very interesting when you see the data for comparison and analysis
As I said in my previous post, at least the threads and posts remained almost the same, but you can see that the feeling has changed
The vast majority show up when prices start to rise quickly and when they rise a lot, then they lose interest and only return when the cycle starts again, it's all about the cycles, and even in real life I see a declining interest about crypto, nobody is asking me about BTC nowadays  :D

It's also interesting to note that the best time to build any kind of project is now, when the market is down
Yeah, during boring market periods, it's always the best time for Devs to focus on developing and upgrading their solutions instead of being pressured by marketing and creating FOMO on token price chart. We've seen a similar event during the 2022 crypto winter: most projects that hadn't launched in 2021 developed and introduced their products in 2023, mainly Layer-1s like Sui/Aptos, and Layer-2s like Optimism/Arbitrum.

For investors, this is a period to focus on restructuring their portfolios before the market enters a bullrun instead of panicking and selling tokens at low prices to whales, losing their very good position. I myself am continuing to DCA and stake tokens to avoid acting hastily and making mistakes ^^
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: bitmover on September 11, 2024, 06:34:53 PM

It's also interesting to note that the best time to build any kind of project is now, when the market is down
This is also the best time to look for new projects to invest, as when bitcoin hits a new ATH it will be already too late for huge altcoins gains..
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: KingsDen on September 11, 2024, 07:03:03 PM
Looks like you're having a bit of a rough Monday or you just need to wipe the screen a little better ;)
LOL. The former was the case. I actually had a rough and cold Monday. I was expecting flowers from someone but it didn't arrive. It's all fine, looking forward to seeing September report.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 12, 2024, 05:50:27 PM
This is also the best time to look for new projects to invest, as when bitcoin hits a new ATH it will be already too late for huge altcoins gains..
It's really difficult to decide to all-in on ALTS. Before the halving, BTC created a new ATH but it wasn't a really good time to invest in ALTS because the price of many has returned to retest the bottom in the recent market panic. I think DCA would be a more suitable investment strategy, especially for investors who are not good at technical analysis.

Some trends have been very hot and considered the main drivers for the market in this bullrun: AI, RWA, DeFi, Layer-1, Layer-2, Oracle, DePIN... Investors can choose the best projects of each trend to participate, or simply buy native coins of the top blockchains to have maximum safe.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: dragononcrypto on September 12, 2024, 06:29:22 PM
This is also the best time to look for new projects to invest, as when bitcoin hits a new ATH it will be already too late for huge altcoins gains..
It's really difficult to decide to all-in on ALTS. Before the halving, BTC created a new ATH but it wasn't a really good time to invest in ALTS because the price of many has returned to retest the bottom in the recent market panic. I think DCA would be a more suitable investment strategy, especially for investors who are not good at technical analysis.

Personally I think buying altcoins with fiat currency is just daft and is usually a newbie mistake to make. When Bitcoin is outperforming the dollar, then you shouldn't be sitting in fiat (that covers 2023 basically). As for it being "too late" to buy altcoins when Bitcoin reaches new ATH, it is in fact exactly at this time that altcoins usually reach their lowest value against Bitcoin, or otherwise at the same time. So while many noobs are waiting to buy some sort of "break out" to higher prices for altcoins with fiat, after losing 60% fiat value in BTC terms, I'm instead (still) waiting to buy the dip using Bitcoin. I'm averaged in a bit, but with most altcoins still making new lows against BTC, there is certinaly no hurry here, it'll probably take another Bitcoin ATH in order for them to finally bottom out imo.

It's always been the strategy to buy Bitcoin at it's lows, then using a trading account of BTC to invest in altcoins at their Bitcoin lows, often a year or so later and only after Bitcoin prices rise to new ATH. Otherwise using fiat currency you will usually lose 50-70% on investment already in Bitcoin value that is, so you will always be chasing 2-3x to make up that loss first. Fundamentally, if your altcoins isn't outperforming Bitcoin, there is no additional value in holding it. Diversification for diversification sake is otherwise meaningless imo, as Bitcoin remains the no.1 crypto and outperforms altcoins 80% of the time (time wise, even if not price wise). Even if there are some alts that I hodl because they have maintained their BTC value for example.

Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: bitmover on September 12, 2024, 06:53:01 PM
This is also the best time to look for new projects to invest, as when bitcoin hits a new ATH it will be already too late for huge altcoins gains..
It's really difficult to decide to all-in on ALTS.

Nobody really should go all-in in anything. Never put all your eggs in the same basket.

But buying a few altcoins, like 1-5% of your overall portfolio, when in a bear market might be a good idea because one those coins may just skyrocket (and you just need to hit one to make lots of money).

In the end, buying alts is only good to accumulate more bitcoin.
Title: Re: AltcoinsTalks forum simple monthly report: August 2024
Post by: MrSpasybo on September 13, 2024, 07:32:31 PM
Personally I think buying altcoins with fiat currency is just daft and is usually a newbie mistake to make. When Bitcoin is outperforming the dollar, then you shouldn't be sitting in fiat (that covers 2023 basically). As for it being "too late" to buy altcoins when Bitcoin reaches new ATH, it is in fact exactly at this time that altcoins usually reach their lowest value against Bitcoin, or otherwise at the same time. So while many noobs are waiting to buy some sort of "break out" to higher prices for altcoins with fiat, after losing 60% fiat value in BTC terms, I'm instead (still) waiting to buy the dip using Bitcoin. I'm averaged in a bit, but with most altcoins still making new lows against BTC, there is certinaly no hurry here, it'll probably take another Bitcoin ATH in order for them to finally bottom out imo.

It's always been the strategy to buy Bitcoin at it's lows, then using a trading account of BTC to invest in altcoins at their Bitcoin lows, often a year or so later and only after Bitcoin prices rise to new ATH. Otherwise using fiat currency you will usually lose 50-70% on investment already in Bitcoin value that is, so you will always be chasing 2-3x to make up that loss first. Fundamentally, if your altcoins isn't outperforming Bitcoin, there is no additional value in holding it. Diversification for diversification sake is otherwise meaningless imo, as Bitcoin remains the no.1 crypto and outperforms altcoins 80% of the time (time wise, even if not price wise). Even if there are some alts that I hodl because they have maintained their BTC value for example.
The flexibility in BTC-ALTS investment strategy is something we aim to achieve to optimize profits in a cycle, but it's quite difficult to realize. No one can predict with certainty when Bitseason will end and Altseason will begin.

Many investors accumulated BTC during the crypto winter and then used BTC to buy ALTS after the halving, but currently, their profits have decreased as many ALTS have retested the bottom price range of the crypto winter while BTC price remains above $50K. It would be interesting if we could statistically analyze the activity in the Bitcoin section with other sections in our AltcoinsTalks forum over time to find a correlation with the market state.