Like Karmerruk said, there Gaia has been declining tremendously over the last few years. As you can tell Gaia's been on the whole eternal gcash sale and constant flash sales in attempt to keep the site afloat.
And not sure if you were here during that phase of the ultra popular gold generators, that caused a hyperinflation to occur in Gaia and that caused new people and old people to stay in gaia.
zOMG also helped the decline. I heard a lot of Gaians complain about zOMG being taken down and it seemed like zOMG was a great way to attract newcomers.
Though, i also do think theres not much to do here in the guild.

I'm looking around and theres not much to do but post in the chatterbox subforum thing. there's no events or anything, just random threads.
So its kinda both.