Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
Some web stats for the month of October 2008:
- about 950 daily feed subscribers – [by comparison, BetFair Predicts has only 5 feed subscribers according to Google Reader]
- 29,334 visits
- 49,424 pageviews
Stats for all the 3 Midas Oracle blogs.
Our guest authors do benefit from this formidable, unrivaled readership. 
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Didn`t you say they had only 3 subscribers last week. So thats a 66% increase of subscribers in a week. Numbers are so great.
Yes. The number of feed subscribers is the indicator of how many people want to read your content on a daily basis, using a feed reader like Google Reader. It is very difficult to get people to subscribe to a blog —even though it is free. Most people visit a blog they found out thanks to Google, and then leave cold. Only a very tiny percentage of them will subscribe.
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Midas Oracle has about 950 feed subscribers —that’s in counting both the Web-based feed subscribers and the PC-based feed subscribers. (These numbers were taken on the raw logs. By the way, beware the numbers taken from FeedBurner. They are inflated.) But those 950 people are a very small portion of the hundreds of thousands of people who have visited Midas Oracle since November 2006.
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(310,000 visits, with 72% new visits.)
My computation gives that 0.1% of the people who have visited Midas Oracle since November 2006 have subscribed to its main feed (a.k.a. RSS feed).
That’s smaller that I thought.
It’s probably the same ratio for the other blogs.