In fact, this number (apparently a feature of Chartbeat) claims to be measuring "concurrent people sitting at a computer looking at pages from your site", not concurrent requests or "hits" to your webserver, or even concurrent HTTP connections (which may be idle for long periods of time). This number is almost entirely meaningless for the purposes of discussing your site's load. Imagine an HTML5 JavaScript game that took an entire day to play: with one request per second you may find yourself with tens of thousands of "concurrent visits".