Bitcoin is coming back, stronger than ever!

[coinplus]

All these are new thing and wonder how people are in searching of new bitcoins in each and every methods. New members to this forum must be a good initiative as we need to consider every new account as new person. They are getting educations on bitcoin and making others learning on bitcoin.

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[OgNasty]

Google Trends looks pretty flat.  You need to see this spike like it did during the last two bubbles.

[NorrisK]

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

[Kevin77]

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

Yes. Price raise is the solutions or most wanted situations in all means. Bitcoin can go any where with a price raise. This means all other infrastructure or regulations would come into effect automatically once bitcoin hit higher sustaining price for some period.

[bitgolden]

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

Yes. Price raise is the solutions or most wanted situations in all means. Bitcoin can go any where with a price raise. This means all other infrastructure or regulations would come into effect automatically once bitcoin hit higher sustaining price for some period.

 I need to agree. When bitcoin is more attractive then all the required things will come and function automatically as new fund flow will do all the required things. The forum getting new blood which is good news for bitcoin community as new users may turn new investors for bitcoin growth.

[dothebeats]

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

Well most of the time, this is the scenario. As the price increases, so is the interest in bitcoin. Also, I don't think that the forum is still a reliable source of information nowadays, but still people can find some good bits of knowledge here.

[gogxmagog]

Looking at how much "people" registered here in this forum is no indication of how Bitcoin is doing. Account farmers and trolls may have hundreds of accounts to spam with or farm signature campaigns.

this is exactly what i was going to say.
there was especially a huge influx of signature farmers last winter as OP noted being a major growth period.

i cant imagine what new users who come to this forum looking for intelligent discussion think when they get here and see dozens of "How Many do you have of Bitcoin and why you her loving so?" threads

[lumeire]

I know what that is, Xrumer.

Maybe if you're able to check you would see links in their profiles. Classic low-end SEO, they're so silly.

[jacee]

Well AFAIK the membership numbers in here is not a reliable source of information on how many people are really using bitcoin. Unless the forum will prevent multiple accounts, maybe but then multi accounts are allowed so yea, who knows that half of those accounts are owned by the same person.?

[dothebeats]

Looking at how much "people" registered here in this forum is no indication of how Bitcoin is doing. Account farmers and trolls may have hundreds of accounts to spam with or farm signature campaigns.

this is exactly what i was going to say.
there was especially a huge influx of signature farmers last winter as OP noted being a major growth period.

i cant imagine what new users who come to this forum looking for intelligent discussion think when they get here and see dozens of "How Many do you have of Bitcoin and why you her loving so?" threads

people

Silly thing is, there is one signature farmer who goes on by the names of LoL characters, and that user have a dozen of accounts to post with--posts of which are mostly the same idea only with different wordings. The number of registered users here doesn't correlate to how many users are really there using bitcoins. Most are in it for bitcoins only to be converted to fiat after they got it.

[Swordsoffreedom]

When you have spikes like this - that means a new bot maker found a way to break trough the filters.

Well that does seem like a possibility on the other hand besides the bot maker I'm sure some of that uptrend is also from new users signing up to the forums and what not.
But yah we need a bot filter to determine actual and bot.

[jasonjm]

and now for a reliable gauge of public interest in bitcoin

https://www.google.co.uk/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=Etc%2FGMT%2B7

[RealBitcoin]

and now for a reliable gauge of public interest in bitcoin

https://www.google.co.uk/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=Etc%2FGMT%2B7

Yes as the ECJ made bitcoin VAT exempt, looks like the interest is surging.

Also the Q3 report of Coindesk sums it up well:

http://www.coindesk.com/research/state-of-bitcoin-q3-2015/

There is growing interest in Bitcoin, I`ll replace the OP because its misleading.

[dothebeats]

When you have spikes like this - that means a new bot maker found a way to break trough the filters.

Well that does seem like a possibility on the other hand besides the bot maker I'm sure some of that uptrend is also from new users signing up to the forums and what not.
But yah we need a bot filter to determine actual and bot.

Probable, but that bot maker could probably hail from exchanges themselves that is why it went undetected, just like the Willy bot. Also, looks like traders are using the hype on the ruling of ECJ on bitcoin to make it look like public interest is rising. That is also possible.

[designerusa]

I know everything is going fine and there it is going high but, I still believe it is too early to call it strong trend. Yes it shows "bull" sign and also, it is ok too be optimistic but be cautious.

[mexxer-2]

I know everything is going fine and there it is going high but, I still believe it is too early to call it strong trend. Yes it shows "bull" sign and also, it is ok too be optimistic but be cautious.

We're discussing something else sig spammer, if you bothered to read the OP you would've seen its about increase in "people"(accounts)'s increase in interest in bitcoin not bitcoin price or bull/bear market discussion.
Christ seriously?

I know everything is going fine and there it is going high but, I still believe it is too early to call it strong trend. Yes it shows "bull" sign and also, it is ok too be optimistic but be cautious.

But unlike previous march towards $300 levels, this time we can see a considerable huge volume of trading make this movement more sustainable than the previous ones. I personally believe this may continue further towards some big prices like $600 by year end.

[Supercrypt]

I know everything is going fine and there it is going high but, I still believe it is too early to call it strong trend. Yes it shows "bull" sign and also, it is ok too be optimistic but be cautious.

But unlike previous march towards $300 levels, this time we can see a considerable huge volume of trading make this movement more sustainable than the previous ones. I personally believe this may continue further towards some big prices like $600 by year end.

[RealBitcoin]

I know everything is going fine and there it is going high but, I still believe it is too early to call it strong trend. Yes it shows "bull" sign and also, it is ok too be optimistic but be cautious.

But unlike previous march towards $300 levels, this time we can see a considerable huge volume of trading make this movement more sustainable than the previous ones. I personally believe this may continue further towards some big prices like $600 by year end.

Nah, it will go back to where it came from.

This is not it. This is not the big price increase we were waiting from. It's more likely that a few miners start manipulating again.


I believe the big price increase will come next year, when the block debate is settled.

[1Referee]

I know everything is going fine and there it is going high but, I still believe it is too early to call it strong trend. Yes it shows "bull" sign and also, it is ok too be optimistic but be cautious.

But unlike previous march towards $300 levels, this time we can see a considerable huge volume of trading make this movement more sustainable than the previous ones. I personally believe this may continue further towards some big prices like $600 by year end.

Nah, it will go back to where it came from.

This is not it. This is not the big price increase we were waiting from. It's more likely that a few miners start manipulating again.


I believe the big price increase will come next year, when the block debate is settled.

The price is falling because too many people were waiting to sell. Once they sold what they want, we can make another attempt to break through the $300 level, which is a real challenge.

[RealBitcoin]

The price is falling because too many people were waiting to sell. Once they sold what they want, we can make another attempt to break through the $300 level, which is a real challenge.

Something like that, from observing the markets for years, I can tell that a 2-3 bounce breakout, or reversed head& shoulders pattern is very common in all markets.

It usually rebounced 2 times before it breaks out. It's not rocket science, but many markets behave like this, it has to do something with collective psychology of the traders.

I expect something like this: