Bitcoin subreddit hits 2M subscribers following GameStop controversy
Bitcoin subreddit hits 2M subscribers following GameStop controversy
More than 200,000 Redditors joined the page final calendar week.
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One of the most well-known online Bitcoin communities passed 2 one thousand thousand subscribers in a surge of action on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit.
According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time of publication, making it the 178th most popular subreddit amidst more than than 100,000 agile pages. The Bitcoin (BTC) subreddit hit the two one thousand thousand subscriber milestone on Friday, more than 18 months subsequently reaching one meg.
Though much of the growth in the subreddit following the 2017 bull run was gradual, interest in r/Bitcoin exploded last week, with more than 200,000 accounts subscribing to the folio between Jan. 26 and Jan. 30, from 1,982,681 to ii,184,941.

Many of the new subscribers may take been drawn to the subreddit following mainstream media outlets reporting on retail investors from r/Wallstreetbets going up confronting major Wall Street traders short-selling GameStop stock in a financial David and Goliath story. In addition to being covered in rags like the Wall Street Journal and New York Times, the story — and allegations of marketplace manipulation on the part of hedge funds and brokers — caught the attending of U.S. lawmakers and was featured prominently in a Sabbatum Nighttime Live sketch yesterday.
The r/Bitcoin subreddit was created in September 2010, two years later the release of the Bitcoin white newspaper. Since that fourth dimension, its influence on the crypto space has been immeasurable, providing news, rumors, memes, and one-act to Bitcoin newbies and HODLers alike.
Source: https://cointelegraph.com/news/bitcoin-subreddit-hits-2m-subscribers-following-gamestop-controversy
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