Bitcointalk and CMC continue to lose influence over cryptomarket

[KingScorpio]

next week we will see weather the 11% loss continues

[figmentofmyass]

next week we will see weather the 11% loss continues

wouldn't you expect this sort of decline after a bubble? interest has declined everywhere you look. it's not about bitcointalk or coinmarketcap in particular. check out google trends for bitcoin---searches have been sliding downwards all year.

we're not in a bull market, the mainstream media isn't hyping things everyday anymore, and the ICO market is pretty dead. no need to check CMC or ANN threads everyday when your entire portfolio is rekt!

[JanpriX]

Honestly, the title of this thread is very inaccurate and the contents of it are very misleading. There's no way that a decline of "audience" in Bitcointalk and CMC correlates to the price of BTC and the cryptomarket in general. This is just a very misleading statement and promotes more FUD to those who are very gullible and easily get inlfuenced by such things. It's just the market now is tanking and people are somehow resting after the sick bull run that we had last December. I'm sure that once we see any sign of bull trend in the horizon, people will come back very fast to the said platforms. 

[KingScorpio]

Honestly, the title of this thread is very inaccurate and the contents of it are very misleading. There's no way that a decline of "audience" in Bitcointalk and CMC correlates to the price of BTC and the cryptomarket in general. This is just a very misleading statement and promotes more FUD to those who are very gullible and easily get inlfuenced by such things. It's just the market now is tanking and people are somehow resting after the sick bull run that we had last December. I'm sure that once we see any sign of bull trend in the horizon, people will come back very fast to the said platforms. 

i didnt said the price will drop, (although thats likely)

i just said the first bitcoin forum and the first cryptoindex (bitcoin)

is losing influence over the market,

not just because alternative indexes, forums and communities grow and show up

but also because they lose visitors.

my personal oppinion is that after decentralisation of the financial system, the original support for the "ramcoin" bitcoin is gone,

no one except the bitcoin miners, bitmain, and the few token holders will have an interest in bitcoin, many people will have a decentralised portfolio by then, and hope for general success of the economy and industry.

regards

[Beegovere]

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

It is normal to see people's interest die down as the market goes lower in most cases like this, and then based on the fact that the craziness in the market generally has died down, then it is normal to see these occurrences.

However, just wait until we start having some bullish momentum and then you will see how things can change very fast. People tend to direct towards the news that is really going to please them and the mainstream media also do have a lot of part they play in that aspect.

[sumanto]

I think that has become a natural law because bitcointalk will not last as long as it is certain that there will be a time when bitcoin will decrease and not affect at all, all these rules have proven that bitcointalk has begun to lose influence from the people who use cryptocurrency.

[deisik]

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

It is normal to see people's interest die down as the market goes lower in most cases like this, and then based on the fact that the craziness in the market generally has died down, then it is normal to see these occurrences.

The devil is in the detail

As there is general demand, there is also effective demand which represents a real intention to purchase by people who actually possess the means to pay. Needless to say, it is the latter which means something in terms of shopping activity. It is the same here, i.e. it all depends on who is leaving. If this percentage is made up entirely of shitposters, then good riddance to them. The forum will do only better without them, though I can't say that I'm very fond of the merit system introduced lately as it doesn't seem to reduce the amount of shitposting. Signature space whitelists would work a lot better as no one would be shitposting for the sake of shitposting only (apart from a few disturbed individuals who are beyond all hope)

[Btchunter3333]

I not think bitcointalk and cmc influence price to go down. There are more factors that can influence price, miners sell coins, the investors sell coins to get cash, some "bad news" , and others reasons.

[rodalutor]

I'm going to take each one in turn.

Coinmarketcap - completely irrelevant, has no influence on direction of cryptocurrencies or offering advice on to buy etc. Merely serves as a price, martketcap etc indicator.

Bitcointalk- somewhat relevant but not the end of the world. Bitcointalk is/was great for like minded people to get together and discuss cryptocurrencies and how they can shape the future. A combination of bitcointalks problems (too much spam) and the fact that most beginners can now find information elsewhere has seen the decline in bitcointalk in that regard. However it doesn't mean that there are still not people here who can have a positive influence or that those people who choose to source their information elsewhere will find incorrect or un-encouraging information.

[bintangkejoraku]

I admit that this forum has lost many viewers every month, there are several reasons that make this happen. that is, they come to this forum only for money and they are desperate with this condition.

[Viscore]

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

It sadly we came into these scenario and leading market to hardly recover from long days in dip. Even though we all been an optimistic individual but we can't neglect of thinking negative about crypto life span. And even experts never say that there is a sky rocket happen again, we've been satisfied to have prices playing around $6k -$7k so people won't makes big losses in future if it suddenly goes down.

[Febo]

Bitcointalk and CMC continue to lose influence over cryptomarket


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.

They lose influence and ranks on different scales from January. But they gained a lot from last January. Why January 2018? Because Bitcoin reached ATH a month before and there was biggest hype. Bitcoins bear market will soon end, then price will go sideways for few months and then slowly bull market will start.  All thsi will not put much influence on this 2 websites you mention. But as soon as Bitcoin price reached old ATH at $20k then hype will start and ...   Well you will see.

[KingScorpio]

I admit that this forum has lost many viewers every month, there are several reasons that make this happen. that is, they come to this forum only for money and they are desperate with this condition.

most important reason:

decentralisation of the cryptomarket in every way.

if indexation gets decentralised, and localised, its going to go down even quicker

in several hours or tomorrow we will know weather the trend continued this month as well (-11%)

should be an important indication for investors.

regards

[ValerieBTC]

next week we will see weather the 11% loss continues

As long as we are not in a bull market, you should always expect the statistics to be on the dwindling part. This is a state of the market in which there is a huge indecision, lots of FUD, with the downtrend going on and in cases like this, the interest of people in such things or a market in this case, will subside.

However, we will get to see interest boom a lot most times when there is a possibility of some bullish movement, so it is a way of saying that the influence is directly proportional to the movement of the market.

[lx001]

Everyone on this forum is wearing a signature, the majority of visitors here are only for the bounties. This year was not so good in earnings, and this is why loads of people have abandoned this space. It's quite an obvious reason for the decrease in rankings. All the ones who are in for the tech are still here.

[OmegaStarScream]

A traffic to a website means absolutely nothing. These could easily be triggered by certain events (a huge price pump/dump, etc.)

If you want to look at the adoption rate, just see the number of ATMs, how bitcoin is spreading and its being accepted almost everywhere etc.

[buwaytress]

Saw this thread late... Some direct conclusions can be made but context is everything in any analysis. 11% viewership drop off in the past 5 months? That's perfectly in sync with general Bitcoin interest dropping off after the xrazy highs only weeks before that trend.

Google shows it, every other established platform does. That's the insta fanboys dropping off.

Then we got to look at what's changed in the past 5 months other than price and speculator interest. We saw Merit being introduced and then more diligent policing of the spammers. We saw the alt/bounty/airdrop economy seriously contract, and they are finding spam policies here not to their liking. Good riddance, am sure many would agree. Maybe my imagination, but forum is a lot less spammy then a few months ago.

Pretty sure there is much more context to add, but poor conclusions come from poor analysis.

[El duderino_]

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.

just a guy thats high on some shit making NOISES....

[deisik]

Practically everyone on this forum is wearing a signature, the majority of visitors here are only for the quick buck in bounties. This year was not so good in earnings, and this is why loads of people have abandoned this space. It's quite an obvious reason for the decrease in rankings. All the ones who are in for the tech are still here.

I disagree with your last words (lol)

Actually, it is not about tech only. For example, myself I'm mostly posting in Economics, Trading, and the boards related to these two topics. And the number of interesting posts dramatically decreased during the last two years, while the authors writing them are mostly gone and likely for good. And the merit system didn't change anything for the better, as you may see many die-hard shitposters among merit hunters who stick around Meta threads where your chances of receiving a merit are the highest (and yes, I've been there)

[zhekinsp]

Bitcointalk still has lot of bounties going where the bounty hunters making tons of reports everyday which kind of traffic maybe decreased from the past years because of the signature campaigns have beedn decreased from how it was before.But it doesn't related to the prices since most of the people who owning the bitcoin and trading with crypto currencies don't even know the existence of Bitcointalk.org