Do you have a feeling BTC has slowed down a bit?

[Minerjoe]

I would also say that this huge number of scammers, ponzi pumpers and thieves which has occupied BTC ecosystem,  has also contributed to this slowdown. You simply cannot find a legit BTC investments any more.

[dothebeats]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

People are still into btc, at least those people who came in earlier. The adoption rate is slower than what has been there these past few months due to the negative news and other news surrounding bitcoins. Also, I had a discussion with my fellow workmates asking about bitcoin. They insisted that bitcoin is not that "noob-friendly" compared to the current fiat system that our society uses. They also added that bitcoin is exclusively for the "Tech Savvy" and not the average Joe types.

[bornil267645]

Well if you consider that the price hasn't spiked for almost a year now and hovering in the same region, I guess you can consider it as "Slow". But it might be good, people will be able to trust bitcoin a Bit'more....

[opossum]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

You are right if i am honest which i am,  the last few years have not been the most positive but it has hardly ever had a long streak of positivity since it's creation.

It does feel like it is slowing down and you are probably right with your feeling because think about how many people who brought in at 1000 and then probably decided to cut their losses at 200's to never come back here again, looks like we are not getting enough people interested in it that balances out that loss. People are still very much interested in Bitcoin at the moment and i see it having a big push but that will be side by side with a big rise in value imho.

[Minerjoe]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

You are right if i am honest which i am,  the last few years have not been the most positive but it has hardly ever had a long streak of positivity since it's creation.

It does feel like it is slowing down and you are probably right with your feeling because think about how many people who brought in at 1000 and then probably decided to cut their losses at 200's to never come back here again, looks like we are not getting enough people interested in it that balances out that loss. People are still very much interested in Bitcoin at the moment and i see it having a big push but that will be side by side with a big rise in value imho.

I hope you are right. We do not need another price crash below $200. Not to mention any major Mt.Gox. alike disaster.

[fcmatt]

I still read the boards every now and then but I am out. Completely. Bitcoin solves nothing for me but it was a great way to make extra cash since I discovered it. But the easy money is gone for me personally and I think the people like me will move on to other things. Very neat idea though but just another type of fiat currency in monetary economics. A house built on sand in other words. I highly doubt it will have any value in 20 years as something else will replace it. Internet users are a fickle bunch.

[Bit_Happy]

Do you have a feeling BTC has slowed down a bit?
No, try staying away from here  for a few days and then come back and read the 'press' section.
Bitcoin is speeding towards the future at an amazing pace.

[Bitcoin Buyer Reload]

yeah it has slowed down a little. but not that noticable

[QuestionAuthority]

I still read the boards every now and then but I am out. Completely. Bitcoin solves nothing for me but it was a great way to make extra cash since I discovered it. But the easy money is gone for me personally and I think the people like me will move on to other things. Very neat idea though but just another type of fiat currency in monetary economics. A house built on sand in other words. I highly doubt it will have any value in 20 years as something else will replace it. Internet users are a fickle bunch.

I've witnessed that too. People are moving on. There's a small fraction of the users here now that were here when I first registered. Even the evangelistic born again Bitcoiners are gone now. I always chalked it up to kids graduating, growing up and starting their real lives. Everyone is idealistic in college. Save the whales, save the trees, free (insert current martyr here) slowly becomes feed the kids, pay the mortgage, please the boss.

[LiteCoinGuy]

hmmm, no

[Klestin]

"OMG Price keeps going up! Who will spend it when they can hold it and make money? Bitcoin will fail!"

"OMG Price keeps spiking! It goes up and down so fast! Who will accept it when they can't trust the value to be the same? Bitcoin will fail!"

"OMG Price is stagnant! It's been in the same range for months! Clearly interest has waned and the end is near! Bitcoin will fail!"

When you approach an analysis with the conclusion fixed in your mind, you will find a way to get there.

[manselr]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

In what way, shape or form has Bitcoin slowed down when you look at this?




Calm down, just because people is dumb and dont see the benefits in BTC yeat, doesnt mean it has slowed down.

[nextgencoin]

You guys have got to love the irony. For the last few years of Bitcoin the biggest negative that the media said was its price volitility. Now it's sticks around at a dull $250 and everyone sees it as a negative.

[Bitcoin Buyer Reload]

You guys have got to love the irony. For the last few years of Bitcoin the biggest negative that the media said was its price volitility. Now it's sticks around at a dull $250 and everyone sees it as a negative.
[/quote

probably because it can have a drop of 100$ in matter of minutes or hours

[WhatTheGox]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

When bitcoin was $10 going sideways for ages im guessing it was alot quieter then it is now.  There is nothing quiet like a price bubble to excite the community and bring in fresh blood when the world starts going crazy.

[Minerjoe]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

In what way, shape or form has Bitcoin slowed down when you look at this?




Calm down, just because people is dumb and dont see the benefits in BTC yeat, doesnt mean it has slowed down.

Yes, I ve seen all this data before but somehow I feel there are less people interested in the concept. Less articles in the news. Maybe it just me.

[QuestionAuthority]

After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

In what way, shape or form has Bitcoin slowed down when you look at this?

*snip old news*

Calm down, just because people is dumb and dont see the benefits in BTC yeat, doesnt mean it has slowed down.

Yes, I ve seen all this data before but somehow I feel there are less people interested in the concept. Less articles in the news. Maybe it just me.

It's not just you. If you invested in everything venture capitalists have invested in you would have lost three life's savings. They make bad investments all the time. I'm not saying Bitcoin is one of them. I just want to see some verified profit and loss statements before I get excited.

[fcmatt]

that chart is not logarithmic so it does not count.

sorry, could not resist.

and it is that type of investment money, millions, required to start a decent bitcoin business that turned me away from it. I wonder how much of it is spent to integrate bitcoin into the world's fiat system to make it actually usable for everyone? Almost all I imagine.

[Hazir]

Non bitcoin users are only familiar with crypocurencies via mass media coverage. And guess what media are mostly spreading? Love and peace? Not really, they are only talking about how bitcoin is used by terrorist to fund their cause, how criminals operate black market with the help of bitcoin and how we don't know how exactly bitcoin was created (like it has something to do with anything in the long run) No wonder mass adoption slowed and people who are not familiar with bitcoins are reluctant.

[flyingplows]

One of the problems I think is that there a little immediate rewards for getting interested in crypto. Well, ok, you buy some bitcoins, then lose a bit on gamble, a bit on scammers, a bit for other things mostly because of noobish mistakes and the experience is not that good. Another scenario is that you buy something with bitcoins, but overall you don't save much if at all. I mean if people are not enthusiastic then the rewards are not enough to get interested and give a shit for crypto currencies. Of course somebody will say - but they can become millionaires in future if they hold. But the thing is that to most people these promises looks like a general scam or some shady scheme like those pyramid sales of hygiene shit products.