Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: jehst on January 05, 2015, 03:13:50 AM



Title: Bitcoin is going viral
Post by: jehst on January 05, 2015, 03:13:50 AM
Evaluate this statement.


Title: Re: Bitcoin is going viral
Post by: jonald_fyookball on January 05, 2015, 03:20:23 AM
everything has a virality score, but I haven't seen any specific claims or data as to what Bitcoin's is.


Title: Re: Bitcoin is going viral
Post by: jehst on January 05, 2015, 03:21:30 AM
everything has a virality score, but I haven't seen any specific claims or data as to what Bitcoin's is.

You could start with www.bitcoinpulse.com and decide for yourself


Title: Re: Bitcoin is going viral
Post by: Flashman on January 05, 2015, 03:30:57 AM
According to google, search volume about doubled the day after the Bitcoin Bowl game, but then fell back to monthly average levels.


Title: Re: Bitcoin is going viral
Post by: jwinterm on January 05, 2015, 03:32:01 AM
Betteridge's law of headlines says, "No."


Title: Re: Bitcoin is going viral
Post by: seoincorporation on January 05, 2015, 03:35:26 AM
Evaluate this statement.

Not sure if Viral is the word, but more people is using bitcoin each day.

Now we have more traders, more miners and more gamblers.


Title: Re: Bitcoin is going viral
Post by: WilderX on January 05, 2015, 03:48:57 AM
Evaluate this statement.

It sure is best time for Bitcoin Price is stabilizing and volume is growing really rapidly !!! OMG

BITCOIN HAS A PULSE and it's... GROWING: http://www.google.com/trends/explore#q=bitcoin  ;D


Title: Re: Bitcoin is going viral
Post by: Nancarrow on January 05, 2015, 05:00:05 AM
Betteridge's law of headlines says, "No."

I think the OP preemptively undermined you by not phrasing their headline as a question.

But Bitcoin's 'virality' has been and gone. There might be another wave in a few months/years I suppose.


Title: Re: Bitcoin is going viral
Post by: Voltarius on January 05, 2015, 06:57:42 AM
With Microsoft enabling Bitcoin payments for Xbox stuff, that will make Bitcoin go viral a lot quicker and more new people will want to check it out and see what it's about. I think it's a good thing that such big companies like that is getting behind Bitcoin


Title: Re: Bitcoin is going viral
Post by: BIT-Sharon on January 05, 2015, 08:57:25 AM
Maybe. :-\


Title: Re: Bitcoin is going viral
Post by: BitCoinNutJob on January 05, 2015, 09:15:49 AM
Evaluate this statement.

Bitcoin has viral periods at peaks of bubbles, the overall trend is more vitality.


Title: Re: Bitcoin is going viral
Post by: nextgencoin on January 05, 2015, 10:51:06 AM
According to google, search volume about doubled the day after the Bitcoin Bowl game, but then fell back to monthly average levels.


Isn't that just people Googling 'Bitcoin bowl' rather than just Bitcoin. I'm sure some people did some online research as well though. Research doesn't mean use sadly though.


Title: Re: Bitcoin is going viral
Post by: Q7 on January 05, 2015, 11:09:42 AM
If only the viral word translate into adoption. The fact is that although bitcoin search volume can be high but most people stop at the stage of just checking what it is all about and not further than that. And sometimes the search relates to keyword that portrays bitcoin in a negative way like getting hack, price volatility, manipulation,


Title: Re: Bitcoin is going viral
Post by: Daniel91 on January 05, 2015, 02:02:12 PM
If only the viral word translate into adoption. The fact is that although bitcoin search volume can be high but most people stop at the stage of just checking what it is all about and not further than that. And sometimes the search relates to keyword that portrays bitcoin in a negative way like getting hack, price volatility, manipulation,

Exactly!
We need real action here, buying and selling in higher volume, not just visiting and checking status of btc.
Without this, value of btc will not recover soon.


Title: Re: Bitcoin is going viral
Post by: LiteCoinGuy on January 05, 2015, 04:30:25 PM
https://www.youtube.com/watch?v=qHUPPYzzZrI


Title: Re: Bitcoin is going viral
Post by: uvt9 on January 05, 2015, 04:34:55 PM
well, clearly there are some indicator proving that more people know about Bitcoin. But with current falling price, the masses wouldn't buy into it, they only pay attention when bitcoin is being pumped, i.e. on a bubble.


Title: Re: Bitcoin is going viral
Post by: pinyin52 on January 05, 2015, 04:35:38 PM
Evaluate this statement.

It is not going viral but each day more people know about Bitcoin in number and in percentage of the world population than the day before.


Title: Re: Bitcoin is going viral
Post by: countryfree on January 05, 2015, 05:50:06 PM
No, BTC cannot go viral. Since it involves spending money (usually via a bank wire), it cannot spread like a virus.


Title: Re: Bitcoin is going viral
Post by: gkv9 on January 05, 2015, 05:56:06 PM
Don't know a lot about this viral thing for BTCBTCBTC, but all I wanna say is, I'm trying to evaluate what this thing actually is, and making people too learn about it in my circle. I'm trying to form a community for my city in order to let them understand this on how to use it, what are the features, etc. and also, will be opening a "Bitcoin Only Shop" soon in my place for this to go a bit viral in India... :)


Title: Re: Bitcoin is going viral
Post by: Cryptonitex on January 05, 2015, 05:56:42 PM
Not yet, but it will some day.


Title: Re: Bitcoin is going viral
Post by: Voltarius on January 05, 2015, 07:30:34 PM
No, BTC cannot go viral. Since it involves spending money (usually via a bank wire), it cannot spread like a virus.

I would like to add though, that maybe how BTC could go essentially viral within the whole world, is if there was some sort of benefit that big companies made it to be. Such as this for example:
"If you pay your ______ Bill with Bitcoin, then you save an extra 20%!" ... or "If you buy this XXXX Product with Bitcoins, then you get a second one free of charge!"


Title: Re: Bitcoin is going viral
Post by: TrinityCoin on January 05, 2015, 09:49:11 PM
No, BTC cannot go viral. Since it involves spending money (usually via a bank wire), it cannot spread like a virus.

This guy has the right mindset.
I would like to add though, that maybe how BTC could go essentially viral within the whole world, is if there was some sort of benefit that big companies made it to be. Such as this for example:
"If you pay your ______ Bill with Bitcoin, then you save an extra 20%!" ... or "If you buy this XXXX Product with Bitcoins, then you get a second one free of charge!"

Why would any company have incentive to do this? To lose money? They don't actually care about bitcoin and they wouldnt hold it anyways, most likely just use a payment provider like coinbase and immediately cash out every time. Adoption by companies will not help the stability of the price, actually in the long run it will most likely continue to drive the price down. Bitcoin is accepted by large retailers at this point, but if you buy something which costs $10000 USD and you pay with bitcoin, you are essentially dumping 10k in btc. You will get a slight advantage because they will take it (maybe) at one price, but I would doubt it.


Title: Re: Bitcoin is going viral
Post by: turvarya on January 06, 2015, 12:02:00 AM
No, BTC cannot go viral. Since it involves spending money (usually via a bank wire), it cannot spread like a virus.

This guy has the right mindset.
I would like to add though, that maybe how BTC could go essentially viral within the whole world, is if there was some sort of benefit that big companies made it to be. Such as this for example:
"If you pay your ______ Bill with Bitcoin, then you save an extra 20%!" ... or "If you buy this XXXX Product with Bitcoins, then you get a second one free of charge!"

Why would any company have incentive to do this? To lose money? They don't actually care about bitcoin and they wouldnt hold it anyways, most likely just use a payment provider like coinbase and immediately cash out every time. Adoption by companies will not help the stability of the price, actually in the long run it will most likely continue to drive the price down. Bitcoin is accepted by large retailers at this point, but if you buy something which costs $10000 USD and you pay with bitcoin, you are essentially dumping 10k in btc. You will get a slight advantage because they will take it (maybe) at one price, but I would doubt it.
They save money on fees(e.g. credit card) and could give a share back to the customer by discounts. But sure, that are not 20%.


Title: Re: Bitcoin is going viral
Post by: crazyearner on January 06, 2015, 01:53:30 AM
Evaluate this statement.


Evaluate your statement sure ok. Bitcoin is far from viral, has a lot more in it first to do that and its a fraction of the way of been viral. It is indeed getting more and more popular however for it to be viral it needs to be everywhere like Paypal as an example or even Amazon. When its as big as one of them then it will be viral :)


Title: Re: Bitcoin is going viral
Post by: flipstyle on January 06, 2015, 02:34:35 AM
Bitcoin was viral (hysteria) when it reached its peak@$1200.  Same with Silver when it peaked at $50. Now it's just getting press for all the wrong reasons....


Title: Re: Bitcoin is going viral
Post by: Beliathon on January 06, 2015, 02:46:39 AM
It hasn't even started yet, you won't be on the forums asking questions like this when bitcoin goes viral.


Title: Re: Bitcoin is going viral
Post by: forlackofabettername on January 06, 2015, 03:15:00 AM
it went viral in 2013 but after that was dumped all through 2014.
Today it's an old fart and still can't hold value. It had it's chance and messed up. Things don't go viral twice.


Title: Re: Bitcoin is going viral
Post by: freequant on January 06, 2015, 08:08:09 AM
Evaluate this statement.
false


Title: Re: Bitcoin is going viral
Post by: jehst on January 06, 2015, 08:23:36 AM
It hasn't even started yet, you won't be on the forums asking questions like this when bitcoin goes viral.

Where will I be? St. Tropez?


Title: Re: Bitcoin is going viral
Post by: turvarya on January 06, 2015, 11:03:21 AM
Like I understand the term viral. Bitcoin hasn't gone viral yet.
I don't see much Bitcoin-news in mainstream media. I don't see it on Facebook, I don't see it on 9gag.
I don't think, it ever will go viral. I don't see any event, that could make that happen.


Title: Re: Bitcoin is going viral
Post by: countryfree on January 06, 2015, 12:05:27 PM
No, BTC cannot go viral. Since it involves spending money (usually via a bank wire), it cannot spread like a virus.

This guy has the right mindset.
I would like to add though, that maybe how BTC could go essentially viral within the whole world, is if there was some sort of benefit that big companies made it to be. Such as this for example:
"If you pay your ______ Bill with Bitcoin, then you save an extra 20%!" ... or "If you buy this XXXX Product with Bitcoins, then you get a second one free of charge!"

Why would any company have incentive to do this? To lose money? They don't actually care about bitcoin and they wouldnt hold it anyways, most likely just use a payment provider like coinbase and immediately cash out every time. Adoption by companies will not help the stability of the price, actually in the long run it will most likely continue to drive the price down. Bitcoin is accepted by large retailers at this point, but if you buy something which costs $10000 USD and you pay with bitcoin, you are essentially dumping 10k in btc. You will get a slight advantage because they will take it (maybe) at one price, but I would doubt it.

I suppose a registrar (the company which registers domain names) could do it. Probably not 20%, but 10% off for paying with BTC could be a hit.