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Scraped on 20/07/2025, 14:52:34 UTC
Quote from: pawel7777 on July 20, 2025, 02:41:16 PM
Quote from: Spinning99 on July 20, 2025, 12:37:38 PM
App store rankings! I've seen some posts about this on reddit, and there is some bot on telegram that tracks it but only for Coinbase. It is such an easy metric. If you can find data on appstore rankings for previous cycles you will see that this is one of the best if not the best indicator by far.

Yeah, it's already mentioned in the posts above.
It's not necessarily what I was asking in the OP, but historically it was a good metric to monitor the market getting overheated and to decide when the peak of the cycle was. But I don't think this metric will work forever. First of all, the old retail investors likely already have crypto apps installed. Second, Coinbase is no longer as much of a hegemon as it used to be. Looking at the data:
https://apps.apple.com/us/charts/iphone/finance-apps/6015?chart=top-free
we can see that Crypto.com or Kraken are not far behind, meaning the popularity can be more split over a few crypto apps, unlike in the past when it was concentrated in Coinbase.
Thirdly, other non-crypto financial apps now also offer crypto investing, so people could just stick to them for convenience.
Good points but I disagree a little bit. I think that most retail investors come and go with the cycle, and that only those that stay in crypto retain these apps. Because of this I expect them to come back by app installation. As far as I know the app store rankings are about app installs, not about app usage? So it works still for both those that have accounts if they deleted the apps and are coming back and those that don't. But yes eventually it will stop working.

Quote from: pawel7777 on July 20, 2025, 02:41:16 PM
Quote from: Spinning99 on July 20, 2025, 12:37:38 PM
Your interpretation is wrong. Almost nobody knows what Bitcoin is or how it works. Most people who are in "crypto" don't know it either. Smiley

Technically that's true, but let's not pretend the average retail investor actually cares about anything more than buying/selling BTC for fiat.
What I want to say here is that a person who knows what Bitcoin is will absolutely want to acquire it! There is simply no other option here. Either you understand Bitcoin and you want it, or you don't understand it and you dismiss and ignore it. When previous bull runs were very hot, sometimes even your taxi man or barber could ask you about Bitcoin. That was a sign of retail participation, even if those retail people knew nothing about Bitcoin. Maybe that can be used as a metric?  Grin  From my observations, whoever manages to understand Bitcoin absolutely becomes a Bitcoiner. There is no doubt there!
Original archived Re: Retail investors paticipation. How to monitor it?
Scraped on 20/07/2025, 14:47:58 UTC
Quote from: pawel7777 on July 20, 2025, 02:41:16 PM
Quote from: Spinning99 on July 20, 2025, 12:37:38 PM
App store rankings! I've seen some posts about this on reddit, and there is some bot on telegram that tracks it but only for Coinbase. It is such an easy metric. If you can find data on appstore rankings for previous cycles you will see that this is one of the best if not the best indicator by far.

Yeah, it's already mentioned in the posts above.
It's not necessarily what I was asking in the OP, but historically it was a good metric to monitor the market getting overheated and to decide when the peak of the cycle was. But I don't think this metric will work forever. First of all, the old retail investors likely already have crypto apps installed. Second, Coinbase is no longer as much of a hegemon as it used to be. Looking at the data:
https://apps.apple.com/us/charts/iphone/finance-apps/6015?chart=top-free
we can see that Crypto.com or Kraken are not far behind, meaning the popularity can be more split over a few crypto apps, unlike in the past when it was concentrated in Coinbase.
Thirdly, other non-crypto financial apps now also offer crypto investing, so people could just stick to them for convenience.

Quote from: Spinning99 on July 20, 2025, 12:37:38 PM
Your interpretation is wrong. Almost nobody knows what Bitcoin is or how it works. Most people who are in "crypto" don't know it either. Smiley

Technically that's true, but let's not pretend the average retail investor actually cares about anything more than buying/selling BTC for fiat.
What I want to say here is that a person who knows what Bitcoin is will absolutely want to acquire it! There is simply no other option here. Either you understand Bitcoin and you want it, or you don't understand it and you dismiss and ignore it. When previous bull runs were very hot, sometimes even your taxi man or barber could ask you about Bitcoin. That was a sign of retail participation, even if those retail people knew nothing about Bitcoin. From my observations, whoever manages to understand Bitcoin absolutely becomes a Bitcoiner. There is no doubt there!