Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Pangia on January 15, 2014, 09:17:09 PM



Title: Is Bitcoin's popularity fading?
Post by: Pangia on January 15, 2014, 09:17:09 PM
Probably not. I think that maybe Spain has it all wrong. What do you think?

http://www.europapress.es/portaltic/sector/noticia-dogecoin-supera-transacciones-todas-demas-monedas-virtuales-20140115132354.html


Title: Re: Is Bitcoin's popularity fading?
Post by: quarkyplum on January 15, 2014, 10:00:02 PM
yes


Title: Re: Is Bitcoin's popularity fading?
Post by: Bobsurplus on January 15, 2014, 10:02:07 PM
Yes. Ut may be and that's a good thing,

Bitcoin has to get boring like fiat to truly find its way.


Title: Re: Is Bitcoin's popularity fading?
Post by: SirBitsalot on January 15, 2014, 10:17:37 PM
What they're experiencing is a slight valley in what will be a very prolonged series of ups and downs. As far as the States go, Bitcoins are increasing in popularity very rapidly.


Title: Re: Is Bitcoin's popularity fading?
Post by: EcuaMobi on January 15, 2014, 10:23:35 PM
The article doesn't say Bitcoin's popularity is fading. It's talking about Dogecoin.

It only says Dogecoin has more transactions than Bitcoin (102,252 vs 56,169 in 24h) and any other crypto-currency.
It also says Dogecoin transactions have far less value than Bitcoin, despite the number of transactions being higher.


Title: Re: Is Bitcoin's popularity fading?
Post by: SirBitsalot on January 15, 2014, 10:39:12 PM
The article doesn't say Bitcoin's popularity is fading. It's talking about Dogecoin.

It only says Dogecoin has more transactions than Bitcoin (102,252 vs 56,169 in 24h) and any other crypto-currency.
It also says Dogecoin transactions have far less value than Bitcoin, despite the number of transactions being higher.

^The only one that read the article lol


Title: Re: Is Bitcoin's popularity fading?
Post by: Meuh6879 on January 15, 2014, 10:41:22 PM
Or speak spanish ...  ::)


Title: Re: Is Bitcoin's popularity fading?
Post by: SirBitsalot on January 15, 2014, 10:42:46 PM
Or speak spanish ...  ::)
There ya go!

But I really don't see Bitcoin's popularity going down.. no way


Title: Re: Is Bitcoin's popularity fading?
Post by: superduh on January 15, 2014, 10:53:41 PM
hell will freeze over before dogecoin "value" approaches bitcoins. however, the millions dogecoin is literally insane. someone will get burned, eventually.


Title: Re: Is Bitcoin's popularity fading?
Post by: Weioo on January 15, 2014, 11:17:22 PM
If you're considering transaction volume and BTCs popularity as one-in-the-same, you're going about it wrong. Bitcoin is only increasing in popularity and it's obvious by the amount of press coverage today compared to October. Today all the major publications (WSJ, Forbes, CNBC, CNN, etc.) release multiple articles on a daily basis. As far as transaction volume...I think we're at a point where nobody knows what will happen next...Are we still in a bubble and will it collapse one day soon...? Or will it just slowly gain with random peaks and values as it seems to have been doing for 3 weeks now?

Or speak spanish ...  ::)

Oh yeah, I forgot Google Translate doesn't exist or automate itself within Chrome. :P

That's my 2 cents, anyway.


Title: Re: Is Bitcoin's popularity fading?
Post by: BitDreams on January 15, 2014, 11:46:55 PM
 8) forecast: many calms before before many storms

overall trend is up http://www.google.com/trends/explore#q=bitcoin


Title: Re: Is Bitcoin's popularity fading?
Post by: cr1776 on January 15, 2014, 11:55:35 PM
If this is fading popularity, I hope 2014-2016 will be like fall 2010-2013 and bitcoin fades some more.

 ;D


Title: Re: Is Bitcoin's popularity fading?
Post by: 2tights on January 15, 2014, 11:58:06 PM
If this is fading popularity, I hope 2014-2016 were like fall 2010-2013 and bitcoin fades some more.

 ;D

Yep, buy buy buy


Title: Re: Is Bitcoin's popularity fading?
Post by: Meuh6879 on January 16, 2014, 01:00:56 AM
Oh yeah, I forgot Google Translate doesn't exist or automate itself within Chrome. :P

Sorry, but translator of google is like read monkey write with cheeta pad ...
I don't read normal english after read a google translate "job". ;D


Title: Re: Is Bitcoin's popularity fading?
Post by: Ruzka on January 16, 2014, 01:09:29 AM
I don't think it's popularity is fading anytime soon.


Title: Re: Is Bitcoin's popularity fading?
Post by: Liquid on January 16, 2014, 01:17:18 AM
Dont get me wrong i love Dogecoin and all the other alts but Bitcoin is not slowing down anytime soon  ;)


Title: Re: Is Bitcoin's popularity fading?
Post by: choochimil on January 16, 2014, 04:00:06 AM
A lot of people are just getting into it now.


Title: Re: Is Bitcoin's popularity fading?
Post by: dissident on January 16, 2014, 04:05:12 AM
personally I have my eye on namecoin and it's ability to register domain names. If a major DNS service like google could be convinced to accept .bit addresses it could be interesting to have a domain name that is truly yours. However we don't really have a major censorship problem as it is so I don't see any big deal over privacy and sensorship.


Sites like godlikeproductions.com have a large amount of free speech and it has for years and has not been 'censored' or shut down.

Plus the way everyone talks here you have to have all your stuff stored on offline computers with large passwords in order to not get them 'stolen' which will scare the average person away from bitcoin. If someone uses my credit card fraudulently or steals from my bank account I need only call the bank, put myself on identity theft watch, and file a police report to get that cash back.  With crypto currencies, the money is simply 'gone'

If I had more than say 100 bitcoins and had got in the bitcoin game early I'd be using my bitcoin to buy all the physical precious metals from anyone who accepted bitcoin, particularly platinum and palladium, as possible. These two metals are autocatalysts in supply deficits. I don't see bitcoin at 800-1000 each to be a safe investment or even place to store money, and don't really see the widespread adoption yet... you can tell if more people are using it by looking at how fast the blockchain size is increasing and it hasn't increased much in 2013... most of the runup from 200-1000 was done by people already early to the game and I'm convinced it's mostly these same people still holding bitcoins.    In any case it's gambling and it could surely go up, it's supply and demand driven.

If people with over 100 bitcoins truly cared about the technology and not their profits they'd selflessly donate anything over 100 coins in giveaway threads. ;) We all know this isn't the case.

It would be interesting if a major investment bank made a coin 100% backed by precious metals... it would help stabilize the value if people knew that one coin really meant one ounce of gold for example and then this bank could merely increase or decrease their gold holdings to make up for demand... having it backed with intrinsic value would be interesting. Gold is more stable than bitcoin, though it's certainly not 100% crash proof either.


Title: Re: Is Bitcoin's popularity fading?
Post by: Johnny Bitcoinseed on January 17, 2014, 01:20:09 AM
I couldn't agree less, dissident.   


Title: Re: Is Bitcoin's popularity fading?
Post by: mikewoods on January 17, 2014, 04:49:47 AM
It's less popular if you look 30 days back:  :(
https://www.google.com/trends/explore#q=bitcoin&date=today%201-m&cmpt=q

However, if you look at last 90 days, it's better then November:   ;D
https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q