Bitcointalk and CMC continue to lose influence over cryptomarket

[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

Even snakes needs to shed their skin to grow much bigger. We are shedding the old skin that mostly consisted of speculators that joined the forum during the "Boom" stages. If they want to leave, because they cannot handle the correction phase, then it is good ridden for us.

We do not need them to spam the forum with continuous nagging about the price and why it dropped and when it is going to go back to $x.xx again. 

CMC has seen a decline, because Alt coins are being hammered at the moment. 

without that "old skin" you will be exposed as a bunch of IT freaks and a POW miner cult/sect that is looking for attention,

crypto market then will be operated by people mangaging and working with the reality in the economy, money printers coin minters where throughout the entire human history just servicepeople, not the rulers, it wont be different in crypto

[1714487218]

1714487218

[Gozmoc]

What makes you think bitcointalk contributes to the growth of bitcoin, it doesn't resonate at all.
This is just a forum where like minds meet and learn.

[KingScorpio]

What makes you think bitcointalk contributes to the growth of bitcoin, it doesn't resonate at all.
This is just a forum where like minds meet and learn.

it correlates with bitcoins value, as also, do bitcoins forks correlate with bitcoins value and its popularity.

[Athanasios Motok]

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.

I don't understand your logic. You write strange words. It's hard for me to understand you.
I believe that bitcoin if it loses its price, capitalization, but it certainly does not lose the interest of investors. Even if someone has sold their coins, it does not say that there are other investors who are waiting for when, bitcoin will fall even lower, or it can be bought in the Bank for cash. There are many options, such as bitcoin can be used.

[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.

I don't understand your logic. You write strange words. It's hard for me to understand you.
I believe that bitcoin if it loses its price, capitalization, but it certainly does not lose the interest of investors. Even if someone has sold their coins, it does not say that there are other investors who are waiting for when, bitcoin will fall even lower, or it can be bought in the Bank for cash. There are many options, such as bitcoin can be used.

if bitcointalk and CMC lose influence over the market everything can happen a new market can be introduced, dropping all others into nothing that new market might then hold the entire economic attention, or even more, that new market will have its own index understanding.

[jcarlo]

Anything can happen in market. People and big investor never expect bitcoin price can reach $10k on 2017 and they predict bitcoin wont survive but what happen is bitcoin price reach $20k and cryptocurrency market cap reach $795billions dollar and growing more than 1000% in just one year

[mocker001]

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 was about to say the same thing until I read your post...
This.

OP, where are the sites losing their influence? Have you ever thought it may be due to stricter regulation and just genuinely not as much interest as compared to the artificially inflated stock boom?

[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?

I was about to say the same thing until I read your post...
This.

OP, where are the sites losing their influence? Have you ever thought it may be due to stricter regulation and just genuinely not as much interest as compared to the artificially inflated stock boom?

the point is that it can be measured that the original BTC related sites are losing viewers 11% per month if you calculate last 5 months

[avoxosuccesful]

i think that We are in a bear showcase, now and again scans for Bitcoin or other related watchwords are less now and again and more at different occasions. I don't surmise that Bitocintalk is losing notoriety all things considered and CMC is a major foundation and an absolute necessity go to for here and now brokers and long haul holders.on the off chance that bitcointalk and CMC lose impact over the market everything can happen another market can be presented, dropping all others into nothing that new market may then hold the whole monetary consideration, or significantly more, that new market will have its own particular list understanding.

[Pursuer]

if bitcointalk and CMC lose influence over the market everything can happen a new market can be introduced, dropping all others into nothing that new market might then hold the entire economic attention, or even more, that new market will have its own index understanding.

I don't believe there is any meaningful influence of bitcointalk or coinmarketcap on the market prices that you are trying so hard here to prove. but if what you say is true and sites like coinmarketcap and bitcointalk lose their influence the first thing that will happen is that altcoins that are currently on top of CMC will get  dumped real hard because main reason for them to be on top is because these sites say they are on top. so expect coins like ETH and XRP to go down at least 80%

[Bytem3]

The reason for the drop in traffic is the drop in interest due to the bear market. Besides that, a lot of new sites have emerged that are much better quality than CMC.

I would suggest you check out CoinCodex instead.

[deisik]

if bitcointalk and CMC lose influence over the market everything can happen a new market can be introduced, dropping all others into nothing that new market might then hold the entire economic attention, or even more, that new market will have its own index understanding.

I don't believe there is any meaningful influence of bitcointalk or coinmarketcap on the market prices that you are trying so hard here to prove. but if what you say is true and sites like coinmarketcap and bitcointalk lose their influence the first thing that will happen is that altcoins that are currently on top of CMC will get  dumped real hard because main reason for them to be on top is because these sites say they are on top. so expect coins like ETH and XRP to go down at least 80%

I mostly agree that bitcointalk may not have so much influence on prices now (provided it ever had) as it is more about spreading awareness, and today most people are already well aware about Bitcoin and cryptocurrencies in general, so this is no longer relevant anyway. I mean as a primary source for crypto-related news, of course. But I don't agree with your stance on CMC as I've personally been asked a few times recently to help out with listing a few coins there. I would agree that this site is shady (mildly speaking) but that doesn't mean that it has lost its grip on the market. But I definitely wouldn't regret if it did

As that would be a good thing for the market

[AlexAtom]

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.

Do you think that bitcointalk is the only source for bitcoin influence ? Bitcointalk is a good forum for cryptocurrency,
but it is not the only one can affect peoples to know bitcoin. There are many peoples who know about bitcoin not from the bitcointalk only.

[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.

Do you think that bitcointalk is the only source for bitcoin influence ? Bitcointalk is a good forum for cryptocurrency,
but it is not the only one can affect peoples to know bitcoin. There are many peoples who know about bitcoin not from the bitcointalk only.

bitcointalk and coinmarketcap are still bitcoins roots.

[Gary Levanevskii]

I think that Bitcointalk still has influence on the market and the community. Now only big traders and investors can influence the price but on the forum a community is being created around the coin and this is very important. The community is the key to success.

[Cryptrx]

I don't think the influence of both Bitcointalk and coinmarketcap has any correlation with the price of bitcoin. The price of bitcoin is not affected by the activities of this forum or that of cmc.

[abbywem]

I think Bitcointalk is being effected by the crashing market.  Watch what happens when the market comes back and people get excited again.  Bitcointalk will do its own mooning.  This is still the #1 spot as far as I'm concerned. 

[KingScorpio]

I think Bitcointalk is being effected by the crashing market.  Watch what happens when the market comes back and people get excited again.  Bitcointalk will do its own mooning.  This is still the #1 spot as far as I'm concerned.  

market might completely relocate and switch its center

lets messure weather the 11% decline continues in september

august had 16.83 M visitors.

lets see what september brings

according to linear regression september should bring max 15 million visitors.

[gowobonyok]

not enough for bitcointalk alone to affect the crypto industry. because the bitcointalk forum only focuses on the bounty campaign, while the crypto industry is very large. there is trading, investment and also minning. so it's natural that bitcointalk doesn't have a big effect on the crypto industry, but at least this forum is very positive for the advancement of the crypto industry.

[KingScorpio]

not enough for bitcointalk alone to affect the crypto industry. because the bitcointalk forum only focuses on the bounty campaign, while the crypto industry is very large. there is trading, investment and also minning. so it's natural that bitcointalk doesn't have a big effect on the crypto industry, but at least this forum is very positive for the advancement of the crypto industry.

there will stil be consequences if bitcoin talk and CMC (bitcoin centristic cryptoindex) loses more and more viewers.

-11% per month is a lot its not sustainable