Bitcoin Forum

Bitcoins and its related discussions is the subject matter and major objective why this forum was first created after bitcoins from my observation, but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

I think the forum and bitcoin were both started as hobbyistic endeavours so the forum will live on as well as bitcoin will if something catastrophic were to happen to the price of the crypto market.

It seemed to have a stronger, perhaps smaller community when I joined here back when bitcoin was vauled at around $200. Everything seemed quite small back then though.

The forum itself probably costs as much to run as it receives in views/hits - of fewer people access the site it'll probably be a lot easier and cheaper to run. If the forum does disappear, there are a few user generated sites that store informstion for it and archive sites that used to parse the whole forum on a daily basis (I think it's done once a month now - on archive.org - but I've not checked recently).

You do realize that this forum contains discussions that are not only about Bitcoin...right?

But that's not the point of my reply, my point is Bitcoin has been announced dead hundreds of times, but it just keeps getting stronger and stronger with time

Here is your place to start from

• https://www.bitcoinisdead.org
• https://99bitcoins.com/bitcoin-obituaries/

Bitcoin was designed in a way its extinction will be very not likely possible. There is nothing impossible but bitcoin extinction is one among possibilities that may never occur.

If this bitcoin cease to exist, probably all cryptocurrencies will no more be existing, then what remains? Nothing. Because of that, this forum may cease to continue to be existing. If still existing, there would be a lot of changes.

Bitcoin forum will still exist even if the Bitcoin price crash it's always happened after 1 or 2 years after blockhalving.

Like before, when people said Bitcoin was dead but still the forum still exists not so active unlike when the Bitcoin is in demand(Bull market) there are many active new users joining here on the forum.

If maybe never goes up and becomes no value just like you said maybe the forum will not continue to exist but still it depends on Theymos. If it happens I think there are still many believers who will request to continue this forum and support theymos by donating just to continue the existence of this forum for future plans/development.

No and I do not think that there is a correlation between the price of BTC and the existence of this forum.

Remember that this forum was created in order to be the main repository of information about several and tons of discussion about CRYPTOCURRENCIES. Though bitcoin may be the main discussion, there are still altcoins that are being actively discussed under this section. In addition, the price of BTC dropping is an excellent discussion which necessarily has to be discussed and talked about given this very bearish market.

Investors and HODLers would definitely want to hear smart opinions of cryptocurrencies veterans and analyst in the market. Given by these facts, I really doubt that the forum's existence is a threat given the significant drop of BTC's price in the market.

I dont think it will be affected. Forum existed and lively here even the bitcoin price is way too low than this current market. The only difference is the more people come here asking why price is going down then thats the beauty of forum since we can speculate and discuss whats possible happening in the bitcoin and crypto space. Even forum ads werent gonna be affected for sure as I believe the payment here is bitcoin.

Im thinking OP is worried of it as possible closure or something right? But its not possible to be affected by this crash.

Have seen threads like this in prior dumps too, this forum did fine when Bitcoin was close to worthless, it will do just fine.

Obviously the forum would still work fine regardless of price. It's just that a lot of times — in times of long and heavy bear markets, users and traffic is expected to drop as well simply because less people search about stuff concerning Bitcoin.

No, honestly it work otherwise since I saw there's many thread popping out about Bitcoin price, analysis and speculation due to this crash. That's doesn't make threat to the forum, but it increase the traffic of how many users are more active about this season. However I doubt if this forum only alive because of Bitcoin price will keep increase, because some people didn't even think about the price as they're already trust Bitcoin 100%.

yes offcourse in reality bitcoin created for solved the problem but the technology of blockchain still can be use for everything else right.

and take a note if this your first bear market and you are full time crypto like me it will hurt your heart  ;D but it will heal up soon :)

Conversely, a drop in bitcoin's price results in the forum flourishing because it generally brings about a decline in the number of people only interested in speculations on a bull market and the increase in the number of people who are here for technology, who really care about fundamentals and bitcoin principles. In short, a bear bitcoin market is a perfect time to start learning the basics of technology, and the bitcointalk forum happens to be a suitable place to get answers to your questions. Of course, the "quantity" of posts may decrease during the bear market, but the quality of posts, which is a more important metric, is going to skyrocket because of the fact that people on the forum seeking knowledge will want to be educated and also educate less experienced users.

If it's a threat to the forum then let's just go back to when bitcoin was in 2018. It didn't affect the forum. Most of the people here have been aware of bitcoin's volatility and won't mind that much if it's about the crash. It's already there so there's no need to worry about such things.
No matter what the situation of the market, the forum will stay and it's not something that you have to worry about.

I don't think that's a serious threat. Sure the price might be unattractive for others, but the tech behind it, still, has a place for discussion.

Plus, despite bitcoin's price drop in recent years, bitcoin forum still exists. And two, there is even ongoing development of a new forum platform called epochtalk[1]. Perhaps the most likely result would be a reduction in forum traffic, but who knows?

[1] https://bitcointalk.org/index.php?board=167.0

Assuming your paradigm that Bitcoin will cease to exist and no chitchat about it. Forum will still exist since there's still altcoin section in the forum, In the event that Bitcoin will be hypothetically destroyed, I'm sure new altcoin will rise and take over that stop spot because there's still some blockchain project that deserves to get it like Ethereum.

There will be significant amount of decrease on traffic here since many will loss interest but it will recover soon once the new altcoin arise and create the new cycle of crypto hype.  ;)

Nah, when bitcoin existed it went through a lot of turbulence times and yet this community grow bigger and bigger.

And even if Satoshi's disappearance, we continue to thrive and on the contrary, it created an enigma around the man and he become a legend. And many has attempted to clone or copy this website and yet there is only one that will continue regardless of what the market condition is.

I doubt that the drop in price entails any threat whatsoever to the forum. From the financial angle, the forum allegedly holds something between 125 BTCs and 1250 BTCs (read through this thread (https://bitcointalk.org/index.php?topic=5326596.0) to try to depict the most likely figure from all the posts within). Plus there is revenue made through add. That means that, unless BTC really really tanks, there should be an ample margin to subsist for quite some time with the operative costs.

We could compare price variations against some of the charts on this thread (https://bitcointalk.org/index.php?topic=5127482.0), namely the second chart (Unique IPs from logged-out users) and third (Unique IPs from logged-in users), and although the data is goes up to the 9th of february 2022 (lacking the more recent months), you can see a seemingly stable historical underlying floor of forum participants no matter what. Sure campaigns may take a hit, and that may drive a bunch of people off the site, but there should still be enough people around (and history) to make it worth while running the forum.

First of all, we have already had big ups and downs of btc, the last example is the drop of btc from 20k to 4k in the period 2017-2018 and I did not notice that due to that the number of forum members decreased.
People also come here for socializing and acquaintances. I personally met some people from my local part of the forum and we became good friends.
I see a much greater danger for this and other forums due to the declining interest of younger generations in this way of Internet communication.
Obviously telegram groups and social networks have become much more interesting and attractive ways of communication for young people.

Activity has declined with the number of active members since the merit system was introduced, but also since some things have changed when it comes to signature campaigns. During 2015 and 2016, some campaigns were even run by bots, spam was at an incredible level and what we have today is far better (though not ideal).

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Without Bitcoin, this forum would not have been created - and I am sure it will continue to exist regardless of the price of Bitcoin.

What is most likely to happen if Bitcoin ceases to exist is that the number of forum users may sharply decrease. But this, as you can see, is not a problem for some users. It will give them the opportunity to communicate with faithful and devoted people who are interested in bitcoin technologies. Although, to be honest, I don't see the point then.

In any case, you have an excellent opportunity to witness any situation in the future if you stay and experience the future of this forum.

How can you say that its possible for bitcoin to lose its value. What happening now is normal, people that had been here way back 2018 experienced much worse but this forum didn't stop to operate during those times. I don't see this website to shutdown in the future as it is a big help to anyone that want to start their crypto journey. Some members here can already be considered as an expert in some field of crypto like gambling or trading who can give advices to newbies.

Nothing to do, it's strange if you associate it with the closure of a website or forum and the price of bitcoin. I think at the moment the decline is still in the normal category. This happens according to the previously existing cycle. This forum has lived for a long time, even this forum is very helpful for crypto users. There is no reason for the current closure.
At present, the world economy is indeed in a bad state. Fed interest rates are rising, stock markets, crypto, forex are all in the red.  So as long as the consensus of trust in crypto continues to exist bitcoin will not reach a price of zero.

If bitcointalk didn't crash during the market's pandemic, I don't think it'll be affected by the short-term sell pressures. I wasn't here, but I had some shitcoins back then and I was watching the market bleed like crazy, the whole world was shaking, and what was coming out of every media was Covid and financial collapse, job losses, food shortages, warehouse break-ins by hoodlums, and movement restrictions in almost all countries, but today, we have just food shortages and high inflation, with institutional investors and retailers withdrawing some of their money. Don't worry, the forum will function normally, although there will likely be a small number of newbies.

You clearly did some serious research before you created this topic, perhaps you can answer my question: what was the value of bitcoin at the time this forum was founded?
I couldn't find that info anywhere ...

Bitcoin and forum would never affect each other simply because, the forum is only an outlet where we can learn about bitcoin and how it moves in the market. Its rise and fall will never threat the forum, as the forum itself has nothing to do with how bitcoin moves in the market. The market will dump or pump, but the forum has nothing to do with it.

How did you come up with this kind of analysis? Honestly, there’s no connection between the price of bitcoin and if ever the closure of the forum. Bitcoin will always dump its price so does it means it always threat the forum? That’s not going to happen even if they become inseparable, the forum may be closed in the future but that’s maybe for another reason, not because bitcoin has dropped its value.

maybe a decrease in the number of visitors that will have an impact on this forum if bitcoin continues to experience its worst.
But I don't even have the slightest thought that bitcoin will fall badly. If we look and read the history of bitcoin itself, we can find a lot of news in the past that wanted to drop bitcoin. but in fact bitcoin is growing rapidly and more and more people are aware of the advantages of bitcoin.

more and more bitcoin is hit by bad news. the more famous and well known bitcoin is.

so the people who badmouthed bitcoin turned out to be in fact they were the ones who helped bitcoin become so much better known now.

and seeing the growth of the community in this forum I think this forum will get better and better.

Within this weird question lies an interesting observation: bitcointalk is purged with each crash.
Every time we have a major market crash where bitcoin price goes down a lot, all the altcoins dump much harder. That means the incentive to create new shitcoins or pump the existing ones dies and that kills a lot of activity on bitcointalk, specifically in the altcoin boards. For example comparing 2017 with 2018 activity shows how the shitcoin scammers went away during the crash year.

If the crash would threat to this forum existence, your thread wouldn't have been replied with 27 replies instead only few replies since many users away due to this crash. I don't see any relation between crash and this forum existence, I'd say if the bounties section and signature space got removed, then I believe 100% it will have big threat to the forum. Perhaps we will see around 90% activity will down and every sections will be like serious discussion where the reply very rarely.

First, could Bitcoin cease to exist? I don't think so. Even in the imaginary situation that Bitcoin's price goes to zero and all the nodes went offline and all miners ceased to operate, it doesn't necessarily mean that Bitcoin is dead or that it already ceased to exist. It could remain like that for decades and somebody could revive it anytime and all the data and Bitcoin are still there.

But it doesn't have anything to do with this forum. The forum continues to function. After all, its operation is not in any way dependent to the network. But the question is, would there still be anybody who wishes to discuss about Bitcoin when the price is already zero and the network is stagnant? But again, the forum's functions could go on. Discussions could be focused on something else.

Nice line of thought,
But I honestly do not think that BTC can stop to exist.
Also, if eventually I does, I do not think this forum will stop functioning because of that.
It may reduce the number of users of the forum.
 You need to also understand that this forum contain discussions that have no connection with Bitcoin.

I have been here for a while and I can tell you that, nothing is going to happen to bitcoin. There isn't any anticipated crash for the commodity as this is supposedly a reoccurring phenomenon, expected to occur in every 2-3 years after the halving as an introduction to offer the incoming halving.

Haven't said that, the forum has its core rooted in learning, learning of bitcoin and altcoins alike. In recent times, some other digital innovations have com into the picture like, the metaverse, NFT and more. Al these aren't bitcoin although, the effects on bitcoin is sure to create a relative impact on them all but, all these are discussions that are done on the forum. Hence, they would always take a page here if whatever happens.

Lastly, some users have taken to themselves here and have even got a club. Out of sentiment, I believe some countrymen might have even met in person while others just enjoy sharing ideas amongst themselves on the forum. These will continue but the expectancy of new members is what might drop significantly.

What direct correlation does the forum and bitcoin prices have in them? This is a general discussion forum and you would see lot more threads in these dips period as people are curious and panic to what's happening.

The forum was established in 2009 by Satoshi and you could see it here :  Welcome to the new Bitcoin forum! (https://bitcointalk.org/index.php?topic=5.msg28#msg28)

And the first exchange rates that were set in the same year were around $1 which you can clearly see in this picture :

https://i.ibb.co/qyGSGr6/images-21.png (https://imgbb.com/)

So when the prices were around $1 the forum lose it's existence or see more growth with time? So don't know how you can mix them up but that's not how it works as we have seen many crashes and you could see many reasons behind current dip like possible insolvency of 3AC and others but in long run bitcoin will gain its momentum back.

The forum has seen decline in registation but still it's very good growth and being the best bitcoin and crypto community all over.

Bitcoin Talk existed before Bitcoin had actual value.  So if Bitcoin will have no more value, why would it cease to exist?

I believe the idea that Bitcoin will one day have no more value is obsolete however.  I for example will always think Bitcoin has value as long as it is not compromised in the events of say Quantum Computing exploits that make Bitcoin unusable.  And if Quantum Computing gets to destroy Bitcoin, by the time there will likely already be a solution prepared behind the curtains.

Anyway.  I doubt there will be no more 'geeks' that would continue to care about and use Bitcoin in the event its price crashes to, say 2010 levels.  That includes me.  I will continue to be here for it.

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Regards,
PrivacyG

Nope, that ship has passed some time ago- if it ever existed.  At best, possibly earlier in trying times when Bitcoin was in its infancy.  However, Bitcoin has shown quite a maturity, resiliency, more use cases, exponentially more users, and is much more established.

This forum didn't collapsed before even if the price of bitcoin is so low so I can't imagine on why would that incident will happen? This forum still earns huge traffic everyday so if many people still using this we can't see this forum go out of nowhere.

Also for sure we can see this forum exist for more years even if the market do some crashed and pumped schemes.

actually this forum is built for Bitcoin technology and the possible ways of contributing for the benefit and upliftment of the community,the common goes of bitcoin forum is to bring suggestion that will promote and prompt anything that will make Bitcoin not to collapsed. Specially if bitcoin is not long in existence, it's very obvious that theirs every tendency that the community will not be functon able for existence, except Bitcoin normalized.

If the price of Bitcoin still goes down in the future and maybe gets the lower value for me the forum will still exist there are many other discussion in the forum not only about bitcoins but other coins also, maybe if the price of bitcoin are less than one-hundred dollars, if this forum still exist for sure a lot of changes maybe some user will leave and some will stay. but the last decision is from our admins and staff cause they have the power and they controlled the forum .

Bitcoin price was even lower than 6k around 2017-2018, if I can recall correctly. This forum is not heavily tied with the price of Bitcoin. It is a place for discussions and conversations, OP just like any forums out there. It will continue to run and exist I am pretty sure. There are a lot of stuffs to talk about Bitcoin and crypto and it is not just all about the price itself.

Do you think that Bitcoin will not rise up again or even dead because of this current market?
Well, this may be new to you, this market crash may be new. But, in fact, we have been experiencing this situation several times. This is a bearish era where Bitcoin will be dumped enough, don't be shocked, but the possibility of Bitcoin to dump again at worse than the recent rate will be still possible. But, this is Bitcoin, something special that we have known so far. Although it has experienced several times of the bearish era, big crashes, in fact, Bitcoin can still be able to rise up again, moreover during the bullish season later. the chance to rise up is more significant.
So, don't panic too much, learn from this current market to be able to decide what is best for you. Don't panic because of this recent rate because panic will only make you worse.
This forum still exists and will be still, for there are so many discussions here.

I don't think so.
This forum existed even before Bitcoin was widely traded, had a monetary value or even before the existence of exchanges.
If Bitcoin were to lost much of its value tomorrow, we may lose much users or potential users in mid terms, but ultimately the forum may stay here for years to come and even the discussion about Bitcoin's future and a way to increase its value may take place here.

This forum is very cheap to run and only costs a few dozen dollars for servers and bills monthly.

You can see that it was even around before BTC was even worth anything, and there are ample reserve funds the forum has to accomodate the expenses, even in a downturn.

Absolutely not. As regards to the bitcointalk, I believe that the crash in Bitcoin price is only a threat to scammers on the forum. Also since the forum doesn't generate revenue from the sales of Bitcoin, there's nothing to worry about. The way I see it the forum is still going to be here for as long as it has no influence from external entities.

Bless you for that! Exactly my perspective too. Bitcoin suffered heavily after its ATH in 2017 yet this forum remained. I mean, it hasn't taken the type of beating it took at that time when it plummeted from $19k to below $3,200. For me, the only thing that can make this forum fizzle out will be the death of Bitcoin. Even though Bitcoin isn't the only thing discussed here, it's death will cause many members to exit in disappointment.

Yes, in that case it would cease to exist, just as if a meteorite fell and caused the extinction of the human species, as happened with the dinosaurs. The question is how likely it is that this would happen.

Price drops like the recent one and bear markets do not end the forum, as other colleagues have already told you. If anything, activity is reduced.


It is logical. And in bull markets are more typical threads along the lines of "Will Bitcoin price reach $1M next week?"

I'm exaggerating, but I think you get the idea.

I am very much confident that bitcoin will remain with us as long as we can imagine. Though it might metamorphosize in it's protocols, but it will remain bitcoin. But for the purpose of Op, if bitcoin ceases to exist, this forum will also cease to exist. It might not happen immediately but it will gradually fade away.
This is because if bitcoin stop to exist, automatically altcoins will also not exist. Bitcoin Discussion board and technical discussion will be irrelevant. Casinos hosting campaigns will stop to exist, the coin mixing companies like Chipmixer will become irrelevant. Funds for running the forum will be zero. Infact, everything will simply fall apart

Bitcoin can't be stopped; it's inevitable.  The current cycle seems to follow the cycles of the past years/charts, so this is consistent.  With this one though and possibly with last couple, have to wonder if institutions are shaking out weak hands in order to strengthen theirs and increase their bags- case and point- jamie dimon, spreads fud while buying the dip.  Makes it seem they are complicit in the sells offs and dip buying but the beauty of Bitcoin is these bastard still can't and won't control it.