[2017-12-11] Bitcoin Becomes 2nd Most Popular Wikipedia Page

[moriskarlov]

Bitcoin reached the second most popular article on Wikipedia Friday and third Saturday, data reveals in a mark of just how ‘mainstream’ the cryptocurrency is becoming.

FUTURES LAUNCH GETS WORLD SWATTING UP ON BITCOIN

According to Wikimedia Foundation Labs, which lists the most popular page rankings on a daily basis for the nonprofit encylopedia, ‘Bitcoin’ beat topics such as Vladimir Putin and Donald Trump to rise to the top three two days running.

The interest coincided with the final runup to CBOE’s Bitcoin futures trading release, which occurred Sunday and saw huge interest despite some technical problems.

By Monday, interest had calmed slightly as the futures came and went, with Bitcoin currently occupying 14th place on Wikipedia’s rankings.

The cryptocurrency is nonetheless still ahead of both Trump and Robert Mugabe, and continues to beat the likes of Kim Kardashian and other popular media figures.

Full article - http://bitcoinist.com/bitcoin-2nd-popular-wikipedia/

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[coolcountry]

No wonder, really. People are trying to get into the crypto environment, and for that, they are trying to learn as much as they can. Though I doubt whether a bitcoin article will help newbies that much, it is impossible to understand what crypto is unless you experience it first hand.

[richardsNY]

No wonder, really. People are trying to get into the crypto environment, and for that, they are trying to learn as much as they can. Though I doubt whether a bitcoin article will help newbies that much, it is impossible to understand what crypto is unless you experience it first hand.

Even at work I face people where Bitcoin is subject to discussion. I hear people saying they will invest 10% of their income in Bitcoin, which is something I have never seen before. It gives me confidence that the average joes will keep pumping money into Bitcoin for many more years to come, and especially so when they allocate a certain amount of their salary to be invested in Bitcoin. YouTube as well is full of people sharing their experience where they even advice others to invest in Bitcoin as well, even if it's just $10 if they haven't more free to spend funds. The only thing however is that they don't seem to be much knowledgeable, which could eventually work against them, but that's a concern for later.

[J. Cooper]

Bitcoin reached the second most popular article on Wikipedia Friday and third Saturday, data reveals in a mark of just how ‘mainstream’ the cryptocurrency is becoming.

I don't think mainstream is the right word to describe the attention bitcoin has been getting the last couple of weeks (maybe even a month by now). People reading up on bitcoin and mainstream adoption and usage is still a pretty big gap to be fair.

No wonder, really. People are trying to get into the crypto environment, and for that, they are trying to learn as much as they can. Though I doubt whether a bitcoin article will help newbies that much, it is impossible to understand what crypto is unless you experience it first hand.

Even at work I face people where Bitcoin is subject to discussion. I hear people saying they will invest 10% of their income in Bitcoin, which is something I have never seen before. It gives me confidence that the average joes will keep pumping money into Bitcoin for many more years to come, and especially so when they allocate a certain amount of their salary to be invested in Bitcoin. YouTube as well is full of people sharing their experience where they even advice others to invest in Bitcoin as well, even if it's just $10 if they haven't more free to spend funds. The only thing however is that they don't seem to be much knowledgeable, which could eventually work against them, but that's a concern for later.

I've encountered people talking about bitcoin as well (in the gym to be specific) about 2 weeks ago when bitcoin just hit $10,000 on most exchanges. If I recall correctly they were talking about someone they know who made a lot of money off of bitcoin, can't recall if they we're going to make the plunge and get in on the fun though. However even though I don' think the bigger public will start investing yet. Right now a lot of people have been made aware of bitcoin (and more importantly its price, atleast in their eyes because I'm sure the majority of them couldn't be bothered about the underlying technology), but I think not alot of them will invest just yet. Only when bitcoin hits another milestone all time high (maybe $30,000 or $50,000) and the FOMO starts kicking in, they will all be looking to buy whatever they can get.

[buwaytress]

I don't think mainstream is the right word to describe the attention bitcoin has been getting the last couple of weeks (maybe even a month by now). People reading up on bitcoin and mainstream adoption and usage is still a pretty big gap to be fair.

Mainstream attention is quite accurate I feel, if wiki is the benchmark for the most looked at reference source. So's the coverage my mainstream media, which is pretty self descriptive. But I definitely agree, not to be confused with mainstream use and adoption. And that includes so-called Bitcoin-accepting merchants, Bitcoin future traders and Bitcoin investors... very few of whom actually own a wallet, much less own and use Bitcoin itself.

I've encountered people talking about bitcoin as well (in the gym to be specific) about 2 weeks ago when bitcoin just hit $10,000 on most exchanges. If I recall correctly they were talking about someone they know who made a lot of money off of bitcoin, can't recall if they we're going to make the plunge and get in on the fun though. However even though I don' think the bigger public will start investing yet. Right now a lot of people have been made aware of bitcoin (and more importantly its price, atleast in their eyes because I'm sure the majority of them couldn't be bothered about the underlying technology), but I think not alot of them will invest just yet. Only when bitcoin hits another milestone all time high (maybe $30,000 or $50,000) and the FOMO starts kicking in, they will all be looking to buy whatever they can get.

I've only been getting the questions in the past two months or so, and yes, thanks to almost daily coverage by networks like BBC and even regional newspapers. The ones who are making major moves are the upper-middle class, those who have quite a tidy sum stashed away, but not quite wealthy enough to own mansions. The ones I know closest already bought several Bitcoins at around the 7-10k mark, and right after doing so, the contact with me died down again. Haha.

The bigger public, at least in my region, will be psychologically restrained to invest, given that 1 Bitcoin is worth more than what most people will earn in five years. I guess even investing in 0.2 BTC (a year's wages) is still a tough thing to swallow, not to mention to steep learning curve. But sure, when those who did cough up to buy fractions of BTC and find it becomes worth tens of thousands, then the mentality will switch.

[1Referee]

It's normal and temporary at the same time. Bitcoin search results have peaked before and then came down again, where Bitcoin right now experiences its biggest ever boom, and even to such a level, that basically every news channel reports about Bitcoin reaching record after record high. It attracts a lot people now the mainstream media is jumping on Bitcoin due to how it is. People simply don't want to yet again be one of those snobs that didn't jump in Bitcoin sooner, and for that reason do it now. The fear of missing out definitely plays an important role here. Most of the people joining don't know a single bit about Bitcoin other than the fact that it has been going up.

[aoluain]

this doesnt surprise me at all, i think also that at one stage last
week bitcoin was the most searched item on google.

Because there is some form of bitcoin news being reported daily
in general media peoples interest is becoming piqued, they want
to find out more information.

its all good 

[J. Cooper]

I've only been getting the questions in the past two months or so, and yes, thanks to almost daily coverage by networks like BBC and even regional newspapers. The ones who are making major moves are the upper-middle class, those who have quite a tidy sum stashed away, but not quite wealthy enough to own mansions. The ones I know closest already bought several Bitcoins at around the 7-10k mark, and right after doing so, the contact with me died down again. Haha.

I, on the other hand, refuse to answer questions of people just getting started. I'm don't want to spoon feed all the money thirsty new people in the space all the information I've found in the 9 months I've been involved in the space. For me it's a waste of time and they won't really learn something nor learn to think and make decisions. Most of the times I  tell them do their own research and then come back when they're ready to have a conversation that's insightful for me as well.

The bigger public, at least in my region, will be psychologically restrained to invest, given that 1 Bitcoin is worth more than what most people will earn in five years. I guess even investing in 0.2 BTC (a year's wages) is still a tough thing to swallow, not to mention to steep learning curve. But sure, when those who did cough up to buy fractions of BTC and find it becomes worth tens of thousands, then the mentality will switch.

If 0.2 BTC is a year's wage where you're from than the threshold will be even bigger. Which is kind of unfortunate if you think about it because people where you live could benefit from it the most if you know what I mean.

[Iranus]

Nice to see that the interest in what BTC actually is is increasing alongside the interest in buying it.  I keep seeing statistics about how many new Coinbase users or blockchain.info users there are, but less about metrics which actually reflect interest.

Another similar metric for this is Google Trends - you could have a look at the basic searches like "What is Bitcoin?" and if you're interested in how these have changed over time, you could see how dramatically the interest in more technical questions have changed as well.

To some extent though, this interest could be short lived and primarily based on the price.

[InvoKing]

In a show of consumer adoption, Coinbase’s wallet app inched into the top 20 most popular downloads on the US App Store, where it now sits at number 13.

Ok this is good for Coinbase, you can notice this by the increase of the daily volume traded

‘Bitcoin’ beat topics such as Vladimir Putin and Donald Trump to rise to the top three two days running.

Beating the hair of the retarded POCUS is a cute achievement after all, hope he didn't read this article else he will ban it.

[Halcyon Days]

Wow, this is really amazing and reflects the reactions in the real world now, as almost everyone is talking about BTC now. There is no discussion or party, where the topic does not pop up.
As mentioned before Google trend search terms such as "buy bitcoin" vs. "buy gold" or "what is bitcoin?" are increasing.
However, after reading the article I wonder, what is the most popular Wikipedia page?

[CryptoHarry]

Lucky for Wikipedia it did not crash like CBOE trading platform. So, Wikipedia is getting hammered by people from everywhere reading about bitcoin, hmm.

[wilhb81]

I won't be surprised, when I read this news online. Since Bitcoin's rapidly gains its popularity nowadays - it's only a matter of time to become No.1 most popular Wikipedia page in near future...

Lucky for Wikipedia it did not crash like CBOE trading platform. So, Wikipedia is getting hammered by people from everywhere reading about bitcoin, hmm.

Yup, it's very fortunate for Wikipedia indeed lol

[8270thNinja]

Hmm. It seems that this report and other report that says that a lot of students are into Bitcoin are true and both relevant. Which means that the new generation is now reading to learn new things which could lead them to be more smarter , more curious on other things. For me, this is a good sign, we  can see that Bitcoin is entering on the mainstream media even to a lot of young people who want to know more information about it.

[LuanX3]

This came by unsurprisingly given the value of Bitcoin as of writing. Well, not to be a die hard Bitcoin fanatic but Bitcoin is all over the news nowadays because of its sky high value that has long been predicted! What is more is that it has surpassed the highest peak that was ever imagined by naysayers. Hence, people researching on it day after day is an expected phenomena to say the least.