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Note that if you reverse the direction, r/cryptocurrency has a much higher correlation to r/stockmarket, r/investing, r/fatfire, r/realestateinvesting, and r/co

Note that if you reverse the direction, r/cryptocurrency has a much higher correlation to r/stockmarket, r/investing, r/fatfire, r/realestateinvesting, and r/collapse than to r/poor. Same goes for r/bitcoin. r/poor does not even make the list when viewed from the crypto subreddits. I think this is simply that crypto subreddits are big, and so if you try to find the overlap between r/poor and anything else, a big subreddit will be high on the list. Same reason that r/bayarea is high up on the overlap list for r/poor - at first glance, the assumption is that poor people live in the Bay Area, but then when you reverse that causality and look at what Bay Area people are interested in, r/fatfire, r/costco, r/realestate, and r/cscareerquestions are way higher than r/poor, which again doesn't make the list.

andrewmcwatters 5y ago
"A lot of /r/poor readers read /r/btc, but not all /r/btc readers read /r/poor."
- mraudiobook_com 5y ago
cwkoss 5y ago
There are only 7,157 subscribers to /r/poor There are 194,177 subs in /r/coinbase and 3,780,323 in /r/bitcoin. Given the low numbers and selection bias of subreddit membership, it seems hard to draw any meaningful conclusions. If you assume everyone who subscribes to /r/poor is poor AND everyone in /r/poor is also on crypto subreddits AND crypto subreddit users are representative of broader populations (very tenuous assumptions), that means our lower bounds are: - /r/coinbase is 3.7% poor - /r/bitcoin is 0.2% poor Both of those are well below the general poverty rate so... who cares? /r/poor subscribers probably are not a representative sample of poverty anyways, so these are pretty meaningless statistics.
tomtheelder 5y ago
If I understand it correctly, it's suggesting that a user of /r/poor is 118 times as likely to comment on /r/btc than the average user. I don't think the crypto subs being large has any significance whatsoever. If anything it just strengthens the signal when you're looking at it in that direction. Reversing the direction doesn't mean much. It just means that users of crypto subs have stronger links elsewhere, like to investing. If you were going to try to draw a really big conclusion from this (you shouldn't) it would be something like "a large portion of those who are poor are involving themselves with crypto," not like "being into crypto will make you poor."
cheriot 5y ago
> I think this is simply that crypto subreddits are big, and so if you try to find the overlap between r/poor and anything else, a big subreddit will be high on the list. These are the largest subreddits https://frontpagemetrics.com/top https://frontpagemetrics.com/top. There's not a lot of overlap. For whatever demo visits r/poor, they have a significant interest in crypto.
pastrami_panda 5y ago
This is known as inspection paradox I think?
mgh2 5y ago
So rich scamming the poor?

andrewmcwatters 5y ago

"A lot of /r/poor readers read /r/btc, but not all /r/btc readers read /r/poor."

mraudiobook_com 5y ago

cwkoss 5y ago

There are only 7,157 subscribers to /r/poor There are 194,177 subs in /r/coinbase and 3,780,323 in /r/bitcoin. Given the low numbers and selection bias of subreddit membership, it seems hard to draw any meaningful conclusions. If you assume everyone who subscribes to /r/poor is poor AND everyone in /r/poor is also on crypto subreddits AND crypto subreddit users are representative of broader populations (very tenuous assumptions), that means our lower bounds are: - /r/coinbase is 3.7% poor - /r/bitcoin is 0.2% poor Both of those are well below the general poverty rate so... who cares? /r/poor subscribers probably are not a representative sample of poverty anyways, so these are pretty meaningless statistics.

tomtheelder 5y ago

If I understand it correctly, it's suggesting that a user of /r/poor is 118 times as likely to comment on /r/btc than the average user. I don't think the crypto subs being large has any significance whatsoever. If anything it just strengthens the signal when you're looking at it in that direction. Reversing the direction doesn't mean much. It just means that users of crypto subs have stronger links elsewhere, like to investing. If you were going to try to draw a really big conclusion from this (you shouldn't) it would be something like "a large portion of those who are poor are involving themselves with crypto," not like "being into crypto will make you poor."

cheriot 5y ago

> I think this is simply that crypto subreddits are big, and so if you try to find the overlap between r/poor and anything else, a big subreddit will be high on the list. These are the largest subreddits https://frontpagemetrics.com/top https://frontpagemetrics.com/top. There's not a lot of overlap. For whatever demo visits r/poor, they have a significant interest in crypto.

pastrami_panda 5y ago

This is known as inspection paradox I think?

mgh2 5y ago

So rich scamming the poor?