Bitcointalk and CMC continue to lose influence over cryptomarket

[KingScorpio]

https://www.similarweb.com/website/bitcointalk.org

https://www.similarweb.com/website/coinmarketcap.com

bitcoin talk continues to lose influence over the cryptoindustry,

same is the case with coinmarketcap.

with bitcoinfounders losing the grip bitcoins value will also collapse

so dont expect a mooning of bitcoin towards 50k there wont be one.

losing 11% viewers every month since last 5 months and we dont know how the loses where before, is not a good sign.

i think problem lies that unlike for communal or state currencies,

no one except the bitcoin miners and bitcoin holders have an interest supporting this cryptocurrency.

regards

[mk4]

How is bitcoin not going to reach 50k and bitcointalk/CMC losing influence connected? I don't get the connection. Or is there something I missed? Bitcointalk and CMC losing influence is actually a good thing, whether you like it or not. The biggest names losing influence means that there's good competition going on. Which is good overall to decrease centralization in the space.

[KingScorpio]

So your logic is that Bitcointalk must be in control for a price to increase? What if we are now getting more traditional investors who watch cnbc or fox business for their crypto news or read the wall Street journal. Is this bad for the price in your mind?

jes bitcointalk and coinmarketcap are cornersstones of the bitcoin founders, with more and more encription services, more indexes and more decentral forums comming up the attention of the market will drift away from bitcoin

[KingScorpio]

How is bitcoin not going to reach 50k and bitcointalk/CMC losing influence connected? I don't get the connection. Or is there something I missed? Bitcointalk and CMC losing influence is actually a good thing, whether you like it or not. The biggest names losing influence means that there's good competition going on. Which is good overall to decrease centralization in the space.

That and we have actual business news organizations starting to cover Bitcoin and it's movements, Bitcointalk will continue on but with a lot more altcoin discussion. Which is fine especially if the main developer area stays untouched we don't need or want the spam in there anyways.

bitcoiners evovle to a lonely pow cult,

problem is in a millenia old human systematic.

money printers are only servants not the long term rulers.

royal minting in uk doesnt rule uk and is its richest entity, why should the technitions around crypto be different?

industry will evolve away from them.

[KingScorpio]

How is bitcoin not going to reach 50k and bitcointalk/CMC losing influence connected? I don't get the connection. Or is there something I missed? Bitcointalk and CMC losing influence is actually a good thing, whether you like it or not. The biggest names losing influence means that there's good competition going on. Which is good overall to decrease centralization in the space.

if bitcoin cant attract as much attention as before its losing awareness and purchasing power.

[teosanru]

It isn't just bitcointalk and CMC, but the entire industry is losing attention.
If you just Google bitcoin and head over to the news section, you would see that tons of people out there are spreading negative news for bitcoin and reiterating their facts that such decentralized currencies were meant to fail, and that's exactly what has happened.
I'm waiting for a miracle to happen in the month of December, just like last year.

[KingScorpio]

How is bitcoin not going to reach 50k and bitcointalk/CMC losing influence connected? I don't get the connection. Or is there something I missed? Bitcointalk and CMC losing influence is actually a good thing, whether you like it or not. The biggest names losing influence means that there's good competition going on. Which is good overall to decrease centralization in the space.

That and we have actual business news organizations starting to cover Bitcoin and it's movements, Bitcointalk will continue on but with a lot more altcoin discussion. Which is fine especially if the main developer area stays untouched we don't need or want the spam in there anyways.

bitcoiners evovle to a lonely pow cult,

problem is in a millenia old human systematic.

money printers are only servants not the long term rulers.

royal minting in uk doesnt rule uk and is its richest entity, why should the technitions around crypto be different?

industry will evolve away from them.

You have shown yourself to be a fool, we are in the middle of Bitcoin taking massive amounts of market share back from failing altcoins and ICOs aren't launching nearly as often.

Keep spewing your false bullshit.

nope its  true according to

https://www.similarweb.com/website/bitcointalk.org

bitcoin talk is losing around 2 million users per month since march, i think users will migrate to other forums, doing a linear prognosis then we can expect this forum to be dead in around 9 months

coinmarketcap loses 14.22 million users per month due to decentralisation of the market. coinmarket cap has also max 10 months left but i doubt linear prognosis works well so double the time would be more realistic as it will be a recessive loss.

regards

[fudster]

Last year a lot of new users came in that is why the traffic last year was enormous, this time they're going somewhere else. The number of posts created each day in the forum are still a lot though. Nothing compares. The only matter's here are the investors, who cares about website influences. CMC isn't just the only page we can check current status of the market there is also coincap.

[KingScorpio]

It isn't just bitcointalk and CMC, but the entire industry is losing attention.
If you just Google bitcoin and head over to the news section, you would see that tons of people out there are spreading negative news for bitcoin and reiterating their facts that such decentralized currencies were meant to fail, and that's exactly what has happened.
I'm waiting for a miracle to happen in the month of December, just like last year.

the industry will continue to thrive as the alternative would be old fashioned central banking and communism,

look at this cryptoindex for example "coinpaprika" it rappidly grows https://www.similarweb.com/website/coinpaprika.com#overview

[o_e_l_e_o]

Wait a second!

Are you saying that during the massive bullrun there were more views than during the month long bear market!? Well I never! (/s)

[Gozie51]

How is bitcoin not going to reach 50k and bitcointalk/CMC losing influence connected? I don't get the connection. Or is there something I missed? Bitcointalk and CMC losing influence is actually a good thing, whether you like it or not. The biggest names losing influence means that there's good competition going on. Which is good overall to decrease centralization in the space.

That and we have actual business news organizations starting to cover Bitcoin and it's movements, Bitcointalk will continue on but with a lot more altcoin discussion. Which is fine especially if the main developer area stays untouched we don't need or want the spam in there anyways.

bitcoiners evovle to a lonely pow cult,

problem is in a millenia old human systematic.

money printers are only servants not the long term rulers.

royal minting in uk doesnt rule uk and is its richest entity, why should the technitions around crypto be different?

industry will evolve away from them.

You have shown yourself to be a fool, we are in the middle of Bitcoin taking massive amounts of market share back from failing altcoins and ICOs aren't launching nearly as often.

Keep spewing your false bullshit.

nope its  true according to

https://www.similarweb.com/website/bitcointalk.org

bitcoin talk is losing around 2 million users per month since march, i think users will migrate to other forums, doing a linear prognosis then we can expect this forum to be dead in around 9 months

coinmarketcap loses 14.22 million users per month due to decentralisation of the market. coinmarket cap has also max 10 months left but i doubt linear prognosis works well so double the time would be more realistic as it will be a recessive loss.

regards

If bitcointalk is speculated to collapse and not exist in 8 months time to come, what next?

Or what other forums can perform as bitcointalk?
Are they in existence already and
How prepared are they?

Those are my curiosity. Wondering allowed maybe.

[mk4]

nope its  true according to

https://www.similarweb.com/website/bitcointalk.org

bitcoin talk is losing around 2 million users per month since march, i think users will migrate to other forums, doing a linear prognosis then we can expect this forum to be dead in around 9 months

Hhahahha no. I don't think so. Where will they migrate? bitcoin.com? I don't think so.   bitcointalk has been getting less users because of the new merit system; and I'm pretty sure about that.

Also, dead in 9 months? You wish. I don't see this forum dying even in 9 years.

coinmarketcap loses 14.22 million users per month due to decentralisation of the market. coinmarket cap has also max 10 months left but i doubt linear prognosis works well so double the time would be more realistic as it will be a recessive loss.

So? That's because there's better competition. We have LiveCoinWatch now, which some people prefer over Coinmarketcap. I don't see how you see this as a bad thing.

[KingScorpio]

How is bitcoin not going to reach 50k and bitcointalk/CMC losing influence connected? I don't get the connection. Or is there something I missed? Bitcointalk and CMC losing influence is actually a good thing, whether you like it or not. The biggest names losing influence means that there's good competition going on. Which is good overall to decrease centralization in the space.

That and we have actual business news organizations starting to cover Bitcoin and it's movements, Bitcointalk will continue on but with a lot more altcoin discussion. Which is fine especially if the main developer area stays untouched we don't need or want the spam in there anyways.

bitcoiners evovle to a lonely pow cult,

problem is in a millenia old human systematic.

money printers are only servants not the long term rulers.

royal minting in uk doesnt rule uk and is its richest entity, why should the technitions around crypto be different?

industry will evolve away from them.

You have shown yourself to be a fool, we are in the middle of Bitcoin taking massive amounts of market share back from failing altcoins and ICOs aren't launching nearly as often.

Keep spewing your false bullshit.

nope its  true according to

https://www.similarweb.com/website/bitcointalk.org

bitcoin talk is losing around 2 million users per month since march, i think users will migrate to other forums, doing a linear prognosis then we can expect this forum to be dead in around 9 months

coinmarketcap loses 14.22 million users per month due to decentralisation of the market. coinmarket cap has also max 10 months left but i doubt linear prognosis works well so double the time would be more realistic as it will be a recessive loss.

regards

This doesn't mean it relates to the site, this could be as simple as cloudflare blocking spam attacks or Indians who come to farm sig campaigns and spam like crazy stopping due to the issue of India's ban and they can't exchange for rupees.

no one knows but its still a 2 million loss per month over last 5 months,

i think people will migrate into various cryptoforums, and the market will decentralise away from bitcoin.

i have found in redit a good alternative so far. we will se more communities comming up

[KingScorpio]

Wait a second!

Are you saying that during the massive bullrun there were more views than during the month long bear market!? Well I never! (/s)

well thats logical because the bullrun and the price hike attracted peoples attention

the constant losing what you call "bear market" distracted peoples attention towards other investments

[mk4]

This doesn't mean it relates to the site, this could be as simple as cloudflare blocking spam attacks or Indians who come to farm sig campaigns and spam like crazy stopping due to the issue of India's ban and they can't exchange for rupees.

no one knows but its still a 2 million loss per month over last 5 months,

i think people will migrate into various cryptoforums, and the market will decentralise away from bitcoin.

i have found in redit a good alternative so far. we will se more communities comming up

What the heck does "decentralise away from bitcoin" even mean? I don't get how you see decentralization as a bad thing, as it's definitely a very good thing.

Also, you still haven't explained how you think these things affect the price in a negative manner.

[KingScorpio]

This doesn't mean it relates to the site, this could be as simple as cloudflare blocking spam attacks or Indians who come to farm sig campaigns and spam like crazy stopping due to the issue of India's ban and they can't exchange for rupees.

no one knows but its still a 2 million loss per month over last 5 months,

i think people will migrate into various cryptoforums, and the market will decentralise away from bitcoin.

i have found in redit a good alternative so far. we will se more communities comming up

What the heck does "decentralise away from bitcoin" even mean? I don't get how you see decentralization as a bad thing, as it's definitely a very good thing.

Also, you still haven't explained how you think these things affect the price in a negative manner.

less attention, less demand, less liquidity,

bitcoin cash and bitcoin gold suffered much more than bitcoin with an amplifier faktor more.

regards

[mk4]

This doesn't mean it relates to the site, this could be as simple as cloudflare blocking spam attacks or Indians who come to farm sig campaigns and spam like crazy stopping due to the issue of India's ban and they can't exchange for rupees.

no one knows but its still a 2 million loss per month over last 5 months,

i think people will migrate into various cryptoforums, and the market will decentralise away from bitcoin.

i have found in redit a good alternative so far. we will se more communities comming up

What the heck does "decentralise away from bitcoin" even mean? I don't get how you see decentralization as a bad thing, as it's definitely a very good thing.

Also, you still haven't explained how you think these things affect the price in a negative manner.

less attention, less demand, less liquidity,

bitcoin cash and bitcoin gold suffered much more than bitcoin with an amplifier faktor more.

regards

So you're saying that websites having less traffic due to competition with other sites in the same niche(bitcoin) is a bad thing? How do you think that makes bitcoin end up having less demand and less liquidity exactly? Still doesn't make sense to be honest.

[dothebeats]

I don't think that websites, especially bitcointalk and CMC dictate the actual sentiment of the market towards any given coin. People might lose interest browsing over these sites knowing that viable and truthful information isn't found within the constraints of the said forum but that wouldn't stop them from trading bitcoin just because they aren't visiting both. Most pros in the trading scene don't visit these sites, they flock somewhere else wherein noise-to-signal ratio is low and trolls aren't around.

I understand that you're trying hard, but please, try harder when it comes to trolling.

[Phlaser]

So your logic is that Bitcointalk must be in control for a price to increase? What if we are now getting more traditional investors who watch cnbc or fox business for their crypto news or read the wall Street journal. Is this bad for the price in your mind?

I'm equally surprised how the writer wants BitcoinTalk and CMC to influence the price of Bitcoin and altcoins in general? Surely if any predictions from such website goes wrong then the writer or poster will surely be nailed down.

[Osayo]

I don't see any sense at in this post. What has new forums and cryptomarket rating sites got to with the price of bitcoin dropping? More Bitcoin services means more awareness and even higher prices.