aliciagh

BuddyPress Activity tab is used to output a list of sitewide, member or member’s friends activity. This plugin gets tags from each new blog posts activity and shows the most commonly used. 
BuddyPress Activity Tags doesn’t work with single WordPress installation or Multisite installation without BuddyPress. It must be activated for all sites using “network activate” in the Administration Panel. 
The widget configuration and tags style is based on <a href="https://wordpress.org/extend/plugins/simple-tags/" rel="ugc">Simple Tags plugin</a> by <a href="https://profiles.wordpress.org/users/momo360modena/" rel="nofollow ugc">momo360modena</a>.
Translations
The plugin comes with Spanish and English translations, please refer to the <a href="https://codex.wordpress.org/Installing_WordPress_in_Your_Language" title="Installing WordPress in Your Language" rel="nofollow ugc">WordPress Codex</a> for more information about activating the translation. If you want to help to translate the plugin to your language, please have a look at the bp-activity-tags.pot file which contains all definitions and may be used with a <a href="http://www.gnu.org/software/gettext/" rel="nofollow ugc">gettext</a> editor like <a href="http://www.poedit.net/" rel="nofollow ugc">Poedit</a>. 
Currently in the following languages:
<ul>
<li>Italian</li>
<li>English</li>
<li>Serbian (sr_RS) by <a href="http://www.webhostinghub.com" rel="nofollow ugc">Webhostinghub.com</a></li>
</ul>
Features
<ul>
<li>Click tags.</li>
<li>Customizable activity tags page URI.</li>
<li>Recent activity posts with a selected tag are showed in a page which contents the shortcode: <code>[bp_activity_tags]</code></li>
<li>Customizable style sheet for widget and results page.</li>
<li>Select how to display tags.</li>
<li>The size and color of each tag is determined by how many times that particular tag has been assigned to posts.</li>
</ul>
<a href="http://agora.grial.eu/pfcgrial/bp-activity-tags/" rel="nofollow ugc">See the plugin page for more information</a>.

BuddyPress Activity Tags

Adds a widget that displays a tag cloud with tags from new blog posts in BuddyPress Activity tab. Tested up to BuddyPress 1.9.2

kamiel79

Adding tags on the fly by just prepending a word you want to use as a tag with a “#” was a functionality I missed in the WordPress backend.

Tag With Hash

I'll give 5 rating if this plugin updated and works

Not works

Automatically turn terms into tags if you precede them with a #. Nonexisting tags are created.

BuddyPress Activity Tags vs Tag With Hash