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dreamspark
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July 01, 2015, 11:31:11 AM |
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Interest tends to follow price cycles. FOMO is strong with bitcoin and the interest will soon return once the price rises again.
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jacktheking
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July 01, 2015, 11:36:04 AM |
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I think the reason less people searching for Bitcoin is that they already know what is Bitcoin. So, there is no need to search - what is Bitcoin, Bitcoin price and etc. Let's look at the positive side even if we know it is a negative problem. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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Lauda
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July 01, 2015, 11:43:28 AM |
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The article is pretty much useless. It is kind of reflecting to other media over exaggerating the interest in Bitcoin. However, there seems to be a growing amount of VC investments. People tend to believe that this is going to make an instant impact on the ecosystem, but it won't. Bitcoin needs time to mature, and time for it to take over. Remember Paypal was founded in December 1998, let us see where Bitcoin is going to be in 10 years.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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TibanneCat
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BTC > etc
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July 01, 2015, 11:56:45 AM |
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User adoption and VC investments have been on a steady rise, regardless of the search trends. If you've followed the recent news on the greek crisis, you'll notice that it also increased the attention to bitcoin and pushed the prices slightly up.
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BADecker
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July 01, 2015, 12:27:34 PM |
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pooya87
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July 01, 2015, 12:40:45 PM |
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the fact that people are searching the term "bitcoin" less that before, doesn't show lack of interest. it might show waning of new interest. and besides it if you look at the chart the search spikes coincides with price movements too. i think daily volume and price shows the interest better than anything else.
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Michaelxavierd (OP)
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July 01, 2015, 01:06:04 PM |
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The article is pretty much useless. It is kind of reflecting to other media over exaggerating the interest in Bitcoin. However, there seems to be a growing amount of VC investments. People tend to believe that this is going to make an instant impact on the ecosystem, but it won't. Bitcoin needs time to mature, and time for it to take over. Remember Paypal was founded in December 1998, let us see where Bitcoin is going to be in 10 years. You've called the article "useless" and then ripped off its two key points as your own...
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Lauda
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July 01, 2015, 01:13:13 PM |
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You've called the article "useless" and then ripped off its two key points as your own...
They are not points. The article was based on data already available. Actually it has no exact data aside of the 2 pictures related to the price and google trends. However, the article isn't that clear to me, at least the standpoint of the author isn't. I'm not yet able to decide whether it is positive or skeptical. Bitcoin may be searched less today then it was in 2013 and yes, the price is down, but the development of this technology is just beginning to takeoff.
This part kind of answers the title of the article, does it not?
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Coinshot
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July 01, 2015, 02:17:22 PM |
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this is an old debate, they were talking about bitcoin lack of interest many months ago now bitcoin is finally rising and they're still talking about the same thing? bitcoin interest was always there, but people prefer to switch to other things because some times they feel bored or whatever i see it as a normal cycle of everything, born, rise, fall, then repeat, i'm wrong?
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dblink
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July 01, 2015, 02:44:07 PM |
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I do not agree that Interest in Bitcoin began to wane, since if you see lot of news headlines that few more countries are ready to deploy this digital currency in their financial banking sectors, Recently with Greek uncertainty Investors seek safety in Bitcoin and Gold, tihs shows how much the popularity and real value of Bitcoin digital currency growth increasing in the financial market.
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LiteCoinGuy
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July 01, 2015, 03:43:19 PM |
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"The significance of Bitcoin’s current interest level has been exaggerated, here’s why…"
this is trash because there is no story - they just want clicks. this has some value: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn.panteracapital.com%2Fwp-content%2Fuploads%2FScreen-Shot-2015-05-21-at-3.56.16-PM.png&t=665&c=kKzGGn9q48GIdA)
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celebreze32
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July 01, 2015, 03:52:41 PM |
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The number of posts on bitcointalk is a good indicator of interest in Bitcoin. There are not as many posts as last year, probably because there is less interest as the price drops. When we finally get rockets launches the number of posts will increase exponentially.
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BitcoinNewbie15
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July 01, 2015, 03:53:05 PM |
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Nice job with the article, but I think interest with Bitcoin has to do with Bitcoin being interesting. If Bitcoin has some good news coming out, or the price is being very volatile, then people will show interest and actually be interested, because it is exciting. People will show interest if Bitcoin has something interesting going on. That is just my personal opinion though. Good job with the article again, I enjoyed reading it and there are good points in it.
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lucaspm98
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July 01, 2015, 04:35:10 PM |
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There are so many hard numbers that seem towards expansion and growth rather than stagnation and decline.
Transaction volume continues to rise, VC investment floods in, Bitcoin gains publicity and becomes more well known, and overall outside of the price bitcoin is still in a rapid growth stage.
As soon as the price takes off again it will be all over the news again, and interest will probably be at an all time high.
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Lauda
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July 01, 2015, 04:51:46 PM |
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The number of posts on bitcointalk is a good indicator of interest in Bitcoin. There are not as many posts as last year, probably because there is less interest as the price drops. When we finally get rockets launches the number of posts will increase exponentially.
I would definitely say no. This is a very wrong assumption. Maybe in 2013 the problem wasn't persistent as it is today, and such statistics could have been valid. The problem is that the influx of new members and posts are caused by signature campaign spammers and shills. We can't really tell if we had 1 new member or 10 000 shills. I would definitely not consider using the statistics from this forum as an indicator of interest. We should be considering other things.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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manselr
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July 01, 2015, 05:13:32 PM |
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Another new FUD account? Do you even look at every indicator ever? Transaction volume, VC money volume, and now price as well is up: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FCIwjeBZWcAAtPIn.jpg&t=665&c=tAvMmNsOfYuQsQ) Get with the facts.
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Argwai96
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July 01, 2015, 06:05:09 PM |
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Not going to click that link as I assume that's why they post such fud but here is a rebuttal. https://blockchain.info/charts/n-transactionsIt is all right there if transactions were going down over time then we would have to ask ourselves this question but it is not. correct the volume of transaction is on an uptrend, by clicking on the 2 year chart in transactions is clear we are growing price might no be the same but we need network an usage growth before we see price growth.
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gentlemand
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July 01, 2015, 06:30:31 PM |
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Hype has waned. In depth study as to how it can be properly utilised by people who count is mushrooming. Cue more eventual hype.
2013 was filled with screaming about price but very little noise about genuine uses. That's all coming along very nicely now.
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jeannemadrigal2
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July 01, 2015, 06:35:25 PM |
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The number of posts on bitcointalk is a good indicator of interest in Bitcoin. There are not as many posts as last year, probably because there is less interest as the price drops. When we finally get rockets launches the number of posts will increase exponentially.
I would definitely say no. This is a very wrong assumption. Maybe in 2013 the problem wasn't persistent as it is today, and such statistics could have been valid. The problem is that the influx of new members and posts are caused by signature campaign spammers and shills. We can't really tell if we had 1 new member or 10 000 shills. I would definitely not consider using the statistics from this forum as an indicator of interest. We should be considering other things. Yes and also certain events like Mt. Gox will always cause a spike in activity posts here, so I thnik you can not just make a blanket statement that pure volume on these forums indicates interest. I think the article makes some good points, but in general misses the forest for the trees. I like what I see lately with nasdaq, WSJ, and some other giants talking about bitcoins with positive spins. To me this is the most important indicator. Then soon after cryptos seep from the geek world to the regular world, it will grow. I really do think that cryptos are the future, and there is not any point to worry about them going away.
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