After GameStop controversy: Bitcoin subreddit reaches 2 million subscribers

Last week over 200,000 new people came to the Bitcoin subreddit.

One of the most famous online communities on the subject of Bitcoin passed the two million subscriber mark on Friday.

The reason for this is probably the attention to the subreddit r / Wallstreetbets

According to the analytics website Metrics For Reddit, the r / Bitcoin subreddit had 2,184,941 subscribers at press time . This makes it 178th of the most popular subreddits among more than 100,000 active pages. The Bitcoin ( BTC ) subreddit passed the two million subscriber mark on Friday. Only 18 months earlier they had a million.

The subreddit has only grown gradually after the 2017 bull run. However, growth exploded at r / Bitcoin last week. More than 200,000 accounts signed up on the site between January 26th and 30th.

This increased the number of accounts from 1,982,681 to 2,184,941

Many of the new subscribers probably became aware of the subreddit after mainstream media reported on r / Wallstreetbets‘ retail investors. These have against big Wall Street traders together , the short positions on GameStop shares had opened. The story, as well as the allegation of market manipulation by hedge funds and brokers, caught the attention of not only US lawmakers. She was also parodied in a sketch on the comedy show Saturday Night Live .

The r / Bitcoin subreddit was created in September 2010, two years after the Bitcoin whitepaper was published. Since then, its impact on the crypto space has been immeasurable. Bitcoin newbies and HODLers get news, rumors, memes and comedy there.