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Author Topic: Bitcointalk and CMC continue to lose influence over cryptomarket  (Read 802 times)
beerlover
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October 02, 2018, 05:52:05 AM
 #81

I think CMC keeps losing influence over cryptomarket but I doubt bitcointalk, the forum and the base of all talks about bitcoin can lose influence at all.

Look at the topics, whenever the price is going up to $7k+ levels than there is a lot of topics about how "bitcoin is going to $50k" and whenever it drops to $6k levels there are topics of "bitcoin is going to $3k" type stuff.

Whenever, there is a market movement to a side there are topics making it even worse, none of them actually happens but we keep seeing them. Of course this doesn't mean influence but it still means bitcointalk is filled with people talking about their ideas and people who agree or disagree with them.

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whiteblue
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October 02, 2018, 06:49:09 AM
 #82

I think that is the effect of falling bitcoin prices, so it is rare for people to see bitcoin prices on coinmarketcap and rarely visit people on bitcointalk, and in my opinion that will not be a problem because both of them will be crowded again when the price of bitcoin becomes very high again.
DireWolfM14
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October 02, 2018, 02:29:43 PM
 #83

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.

Those are both very good points.  The other thing to keep in mind is that forums themselves are not all that appealing to the mainstream.  I've told many friends who're just getting into crypto about this forum and most are daunted by it's volume.  Searching google is much easier for an answer to a question you may have, and bitcoin discussion isn't their thing. 

One friend who has more affinity to forums in general is reluctant to join because of the "Dark Web" affiliations the forum has had, and to be frank, all the scams that seem to get their footing here.

These things may be bad for the forum, but they really don't affect bitcoin's position in the mainstream market.  Like kingcolex said, news and information about bitcoin is all over the media now, mainstream business news outlets are reporting about crypto. 

And as for CMC, I believe that's purely attributable to market share.  As in they now have to share the market with the hundreds of other sites providing the same information. 

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xfaqs01
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October 02, 2018, 02:59:14 PM
 #84

i think the op is just trying get some attentions to lure on to his reffered website for traffic, because if not then whats the point of thin information, we dont even know the credibility or whatsoever their conducting sorts of survey, and this is true what can tje op contribute ti this? afterall this site is for bitcoin connunities helping each other, unless this is just a nother fud

Want to learn TA? head on to
https://www.facebook.com/BTCSignals
gentlemand
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October 02, 2018, 04:14:16 PM
 #85


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



The day bitcointalk has no new signups is the day bitcoin really starts to arrive. Do you ever go to androidtalk? Nope. You just use it.
Capt00
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October 02, 2018, 04:35:53 PM
 #86

In every movement of bitcoin price on CMC there is bitcointalk to create every topic speculating the price and prediction by the movements but still, I guess 20% will happen. Not overall influencing these sites but it gives a lot of information to all people who are engaging in bitcoin and discussed it here in the forum.
Barbarian
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October 03, 2018, 12:41:35 AM
 #87

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
I do not see how you can make those conclusions, the forum losses some viewers and readers and somehow you try to extrapolate this to mean that bitcoin is not going to go up in value as it did before, even if this forum disappeared tomorrow this will not affect the capability of bitcoin to reach incredible prices in the future.
KingScorpio (OP)
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October 07, 2018, 09:08:05 PM
 #88

numbers for septembers are finally there,

bitcointalk.org loses almost 24% of viewers in septembers thats a devastating loss continuing the downward trend

thats a reduction of 4 million users

coinmarketcap lost as well but not as wast, it lost 8% in september and in numbers thats around 7.7 million viewers

the downward trend continues

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

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

KingScorpio (OP)
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December 16, 2018, 10:52:11 PM
 #89

Another 17 percent loss last month

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