We're
currently at
-87.1% of the 353813 weekly posts mentioned when I started this topic. I guess this result is a combination of the Merit system and the demise of ICOs.
WOW. That drop is astonishing to me--and the strange thing is that I hadn't noticed it happening except for two things:
1) I have observed a decrease in shitposts in sections like Economics, which was getting pretty bad for a while. I haven't been reading/posting much in Bitcoin Discussion, but I would think the quality has improved...?
2) I've noticed that there haven't been as many new threads catching my attention for at least the last few months. There's been much less drama, but there has also been a reduction in the number of good threads that can at least spark a discussion.
I thought I was losing interest in the forum for a while there, but now I'm starting to think that it might not be anything to do with me.
Which leads us to another interesting question: is the Merit system responsible for the demise of ICOs?
I doubt it, but I agree that it would be an interesting question to answer with data and some research. The reason I doubt it is because I think ICOs were doomed from the start. None of the projects solved any real life problems, and while the tokens may have made a profit for some traders, there was no good reason for that era of crypto to have existed at all IMO.
I think people wised up to the fact that most new ICOs were scams. Bounty hunters weren't getting paid, or they were hit with KYC requirements at the end, and it was a 3-ring shit circus toward the end.