bitcoins lack of interest, lack of traction

[jasonjm]

http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=

not my imagination

new search lows in last 12 months for bitcoin

not good

now compare it with a successful technology, like uber

http://www.google.com/trends/explore#q=uber&date=today%2012-m&cmpt=q&tz=

[kefky]

this isn't good sign

[NotHatinJustTrollin]

Interesting comparison.

[Somekindabitcoin]

http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=

not my imagination

new search lows in last 12 months for bitcoin

not good

now compare it with a successful technology, like uber

http://www.google.com/trends/explore#q=uber&date=today%2012-m&cmpt=q&tz=

Uber is just shooting up, and it's not in the positive way. It's because you can find people selling uber accounts for a dollar each on a dark web, website. Bitcoin is holding down low because people are waiting for more adoption options. Once we get bitcoin in every store or even a major, trusted exchange, we would have more positive and negative news regarding bitcoin. Right now, there's not much people care about.

[POM]

this isn't good sign

not good at all

[Xiaoxiao]

this isn't good sign

not good at all

Not necessarily because those that have already searched for "bitcoin" won't be searching again, but yeah the rate of new ones is down.

[Amph]

i've already said in another thread that the interest is everything , no matter what you do (destroying bitcoin thus decreasing number of coins in circulation, won't rise the price if there is no interest ecc...)

without it no new money influx is possible as newbie are not buying any btc, and having only the whale playing with the market(aka manipulation) is even worse

this lack of interest is caused by the "$1200-$230" scenario, we need a pump now to retrieve faith in bitcoin

[kwukduck]

I told you so...


Also look at what people are searching for... Exactly, the value.
People don't care for bitcoin as a technology, people care to make quick money in fiat with it.
As I've said before, even though bitcoin may have some technical points that have to be addressed, it's really the people that are destroying it at an ever increasing rate.

This makes me very sad though. It goes to show the level of economic and social awareness and motivation of the average human being.


I have talked about bitcoin to so many people in the past, how it challenges established standards, nope, that's not what they wanted to know.

[Torque]

http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=

not my imagination

new search lows in last 12 months for bitcoin

not good

now compare it with a successful technology, like uber

http://www.google.com/trends/explore#q=uber&date=today%2012-m&cmpt=q&tz=

You're badly cherry-picking timeframes, dude.

http://www.google.com/trends/explore#q=bitcoin&date=1%2F2010%2061m&cmpt=q&tz=

This chart clearly shows online search interest is rising since Bitcoin's inception.

[BitBOOM]

Well bitcoin has been in a slump over the past year. Things always trend more during rises.

[spazzdla]

Ahh we are finally starting to get into the dispare phase..  Starting not there yet boys.

Sub $100 before any real uptrend begins.

[coinableS]

I think the get rich quick crowd has been leaving over the last year. There's less people searching for it because they searched it before, read a word they didn't understand and closed it out. Then they probably heard a lame news broadcast or youtube claiming that bitcoin is dead, or another hack, or something so they think they already know what bitcoin is. But that's fine, the lull should be a good thing while we work on more infrastructure around bitcoin. Give it another year or two and there should hopefully be something new in the bitcoin world that the general public will find useful.

[uki]

http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=

not my imagination

new search lows in last 12 months for bitcoin

not good

now compare it with a successful technology, like uber

http://www.google.com/trends/explore#q=uber&date=today%2012-m&cmpt=q&tz=

dude, have you checked the absolute values of what you are comparing?
It looks like Bitcoin stabilised at the relatively high level (about 60) for the last 12 months. Uber has still to get there.

[Meuh6879]

Uber is a honey pot for unemployed persons.
Bitcoin is a debankary system.

it's a little more complicated to explain to average people that they love his bank.    (and pay the bank to do somes jobs)

[gentlemand]

I'd say new user stats on here is a much, much more meaningful statistic than google searches. It takes some proper commitment to sign up here rather than type 'what's this bitcoin drug paedo shit' into google and then go and look at some tits.

R/bitcoin has 100,000 more subscribers than when I joined. There's 300,000 more joins on here than when I signed up. It's a long way from anything exponential but it's chugging steadily onwards.

[D05GTO]

Yup. last 3 months are definitely up.

[coinableS]

I'd say new user stats on here is a much, much more meaningful statistic than google searches. It takes some proper commitment to sign up here rather than type 'what's this bitcoin drug paedo shit' into google and then go and look at some tits.

R/bitcoin has 100,000 more subscribers than when I joined. There's 300,000 more joins on here than when I signed up. It's a long way from anything exponential but it's chugging steadily onwards.

That's an excellent point. /r/bitcoin and bitcointalk are the two largest communities in bitcoin land. I think my personal path through the different communities was btc-e trollbox, then to reddit then to bitcointalk.  Using new users as a metric of adoption/interest is as good as it gets.

[Dafar]

Lol @ comparing UBER and any Startup company to bitcoin's price..... LOL


How stupid can some people be

[dothebeats]

i've already said in another thread that the interest is everything , no matter what you do (destroying bitcoin thus decreasing number of coins in circulation, won't rise the price if there is no interest ecc...)

without it no new money influx is possible as newbie are not buying any btc, and having only the whale playing with the market(aka manipulation) is even worse

this lack of interest is caused by the "$1200-$230" scenario, we need a pump now to retrieve faith in bitcoin

Seriously? You believe that the only reason why there is a massive influx of new users is because of the bubble that happened last Nov. 2013? How about what happened when bitcoin costs nothing at all? Yes, we can say that a great interest in bitcoins happened when the price was on its highest, but we cannot simply say that the only thing that will retrieve the faith of the masses in bitcoin is through a pump (which isn't a good sign for most of the merchants as it will increase the rate of volatility.) The prices that we are sitting right now isn't what most of the experienced economists and individuals expected, but at least it is not a part of another bubble that might burst out again and drive the price (and the faith) downwards.

[mrhelpful]

Yup. last 3 months are definitely up.

Those #`s are flawed, since their are people buying and sellling accounts. You can just predict a enormous growth based on those #`s, since it could be old users that go building accounts just to sell it or used for other manipulated purposed.

If you believe that, then thats naive thinking no offense.