massive feb visitor collapse in Bitcointalk and Coinmarketcap founding websites

[stompix]

Very true, but seeing how abysmal r/bitcoin submissions have become it's no wonder that discussions have died down. And is it just me or is r/bitcoin in a worse shape than it was pre-2017? Maybe it's the rose-tinted glasses of nostalgia, but I remember much more focus on upcoming Bitcoin tech being discussed. Right now even the memes are r/comedycemetery material at best.

If I consider it strictly from my point of view, it's garbage!

It suffers from the same problem bitcointalk did, disguised spam to create subjects, bought upvotes and endless trolling.
Serious discussions had no place there neither did serious users.

But, there is one thing to consider.
When you are opening up a project that was created by enthusiasts to the world it's clear the quality will decrease, it happens with every forum in every domain.

For example one of my local forums (auto and service related), in order to keep it serious and a reliable source of information has a policy of stupid answer > 7 days ban, don't answer without a solution or a serious question to the OP.
We have thousands of active users but if you look at the average daily posts per user is well below 0.1.

You can't keep quality up by allowing everyone to talk whatever it goes through his head, or through the thing that prevents water from going down the neck.


 

[vit05]

It is a fact that the public lost a lot of interest in Bitcoin. If you read news sites and other forums the comments have greatly diminished as well. On the other hand, the number of enterprises that were created, new funds, and commercial and educational interest increased greatly.

I think this should be seen as a new phase. Where there had been scattered and hypothetical discussions before, we now have attempted at practical applications and preparation for the various uses that this new environment can provide.

My favorite newsletter about technology is from Ben Evans. He used to talk only with total disbelief about Bitcoin and during the BUM he reinforced the risks involved. Today, he comments as if it were something natural, he always has some news item related to some company or experiment of the sector. And the a16, investment fund that he works, has a sector completely involved in cryptocurrencies making big investments.

The public will come back... soon.

[squatter]

in february there was a massive collapse in visitors on coinmarket cap (-15% now only 55 million viewers per month)

and Bitcointalk (-26.44%)

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

now only 6.28 M people visit bitcointalk per month, another massive loss last month, last month alone almost half the amount of people left as there are currently still in.

this is usually a good indication for the success chances of bitcoin

regards

I only see data going back six months. You would probably find similar results in 2014 or 2015, when interest in Bitcoin was similarly waning. It may not say much about future trends.

I'm also not sure if these are the best metrics for general interest in cryptocurrencies. Social media has become increasingly important over time. I'm guessing the forum doesn't have quite the same influence it once had.

[muratsink]

I do not predict that is a positive indication, after BTC fell dramatically from $ 20K, I doubt BTC will recover and create bullish quickly.

several times, BTC always creates pump charts but eventually, BTC only gives false volatility.

[dothebeats]

i doubt that, without a core founding community, bitcoin is just an empty ghost spread around -snip-

Isn't this the roots of bitcoin, a relatively unknown community with a relatively unknown goal? Bitcointalk and CMC viewership don't really matter that much if we are already gaining a lot of attention from the world on a different angle. There's still Reddit and Twitter to get their information from, alongside any other hubs of information discussing bitcoin for their questions so I don't think that the core foundation you're talking about would be destroyed by a decline of viewership from peers. This normally happens when something exciting isn't happening for crypto, say no crazy price increases etc.

[buwaytress]

Can't say I've noticed that the forum's gone quieter, I have generally been putting it down to stricter leveling requirements since last year.

I'd be really interested to know which websites or service actually gained more visitors during the same periods. Not talking about startup websites which launch in the same period, they always get a surge of new traffic. I know the slowdown is for content providers, marketing and PR, gambling, trading (exchanges).

The bitcoin price has been / is in a long period of low volatility. The price has been moving in a sideways range for months. It’s natural that there are less vistors to bitcointalk.org & any other botcoin related websites really.

As soon as the price starts to rise significantly & bitcoin stories / news starts breaking in mainstream outlets again FOMO will kick in (as it always does) & interest from average joe’s will return.

Lots of us have been here & seen it all before.

I've only seen it the once, so I'm really looking forward to seeing it after having gone through one personal "crypto winter". Suits me just fine, really. For once, my news feeds aren't flooding me with crap. It's still mainly crap, but it's not in floods any longer;)

[stompix]

I'd be really interested to know which websites or service actually gained more visitors during the same periods. Not talking about startup websites which launch in the same period, they always get a surge of new traffic.

I would say ICO rating websites.
The amounts of morons believing those crappy scores and reviews is amazing.

I've seen a trend lately in a lot of scams that are avoiding places where the scam can be discussed and exposed and going strictly to the paid service of those sites. Seems like only the ones that can't afford it have stayed here, with the risks of getting tagged pretty fast.

Not a bad outcome...

[AGD]

in february there was a massive collapse in visitors on coinmarket cap (-15% now only 55 million viewers per month)

and Bitcointalk (-26.44%)

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

now only 6.28 M people visit bitcointalk per month, another massive loss last month, last month alone almost half the amount of people left as there are currently still in.

this is usually a good indication for the success chances of bitcoin

regards

If you wonder, why your projects have all failed: It might have something to do with your decisions based on the wrong use of indicators.

[shamc]

The drop in bitcointalk visitors is because the bounties are becoming increasingly useless with many not paying out, and the ones that do aren't worth anything. Hunters are giving up the game

[KingScorpio]

in february there was a massive collapse in visitors on coinmarket cap (-15% now only 55 million viewers per month)

and Bitcointalk (-26.44%)

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

now only 6.28 M people visit bitcointalk per month, another massive loss last month, last month alone almost half the amount of people left as there are currently still in.

this is usually a good indication for the success chances of bitcoin

regards

If you wonder, why your projects have all failed: It might have something to do with your decisions based on the wrong use of indicators.

why i am a bitcoin bear since more than a year, when i became a bitcoin bear bitcoin collapsed so why should i consider myself misguided?

its rather this community that is misguided

[Herbert2020]

death of alt(shit)coins is inevitable.

it may take time, it may resist death, you may still see new ones pop up (like the ICOs these days) but the death is inevitable. what you see on both bitcointalk and coinmarketcap is the death of altcoins and mainly ICO scams.

throughout last year people slowly started catching up with reality and stopped handing over their money to ICO scams, so they started dying with their death the platforms hosting them (such as ethereum) also started their death. the effect is dumps, then investors leaving and then after a while in a slow process that took over a year the altcoin bag holders started dumping and going out. that means there is no newbie bag holder checking CMC to see how much he lost this day! all that death means they also visit bitcointalk less and on top of that the nonsense such as "bounty hunting" which is  a fancy word for "a newbie who spam-advertises for a scam ICO to get paid pennies" ended and so did the waves of newbies and alt accounts on bitcointalk.

[HeRetiK]

it may take time, it may resist death, you may still see new ones pop up (like the ICOs these days) but the death is inevitable. what you see on both bitcointalk and coinmarketcap is the death of altcoins and mainly ICO scams.

Still I wonder what the "next big thing" is going to be.

In 2013 it was simple Bitcoin clones and centralized securities / mining contracts.

In 2017 it was spezialized / innovative alt coins, Bitcoin hard forks and ICOs.

Short of a complete and utter death of crypto 20xx should be interesting, if even more or less a variation of what we've already seen before.

I don't think alts will die that easily though. Even DOGE got pumped during the last hype cycle, regardless of it lacking active development and being little more than a meme. That's the beauty of crypto though. Easy to conceive, hard to kill. I doubt that this will hold true for abandoned ICO tokens though.

[CryptoBry]

This is just a natural result with the winter kind of market in cryptocurrency right now. And the next question maybe is: Does it mean that Bitcoin and the whole cryptocurrency can be dead and has no chance of resurrection whatsoever? I bet that the answer can be NO. There will always be bumps and this is quite realistic especially in an open and generally unregulated market that we have right now. Ups and downs are always here...so nothing new with that. When the market is down people can get so negative that they might even be cursing this whole thing but just wait when the market is shifting into another direction and these same people can be shouting claps from the top of their rooftops...this is human nature, baby.

[KingScorpio]

death of alt(shit)coins is inevitable.

it may take time, it may resist death, you may still see new ones pop up (like the ICOs these days) but the death is inevitable. what you see on both bitcointalk and coinmarketcap is the death of altcoins and mainly ICO scams.

throughout last year people slowly started catching up with reality and stopped handing over their money to ICO scams, so they started dying with their death the platforms hosting them (such as ethereum) also started their death. the effect is dumps, then investors leaving and then after a while in a slow process that took over a year the altcoin bag holders started dumping and going out. that means there is no newbie bag holder checking CMC to see how much he lost this day! all that death means they also visit bitcointalk less and on top of that the nonsense such as "bounty hunting" which is  a fancy word for "a newbie who spam-advertises for a scam ICO to get paid pennies" ended and so did the waves of newbies and alt accounts on bitcointalk.

you will follow many altcoins, people will stop taking bitcoin serious, you (bitcoin, and the bitcoin founder controlled cryptocurrency index) will become a global joke

losing 1/3 of your community members last month should be an understanable omen to you



you can manipulate market price but you cant manipulate the visitor numbers especially the organic ones

[stompix]

The drop in bitcointalk visitors is because the bounties are becoming increasingly useless with many not paying out, and the ones that do aren't worth anything. Hunters are giving up the game

Rather than hunters I blame more the drop on botfarms that were doing bounties, bumping topics, growing accounts, all that was reduced with the merit system and further with the 1merit/hr member rule.

People have uncovered hundred of bots accounts created in one session, I believe that a ratio of one real bounty hunter, 4 accounts, and 10 bots might be close to reality.

death of alt(shit)coins is inevitable.

it may take time, it may resist death, you may still see new ones pop up (like the ICOs these days) but the death is inevitable. what you see on both bitcointalk and coinmarketcap is the death of altcoins and mainly ICO scams.

I'm losing hope of that ever happening.
I thought it will be over in 2013 when ridiculous things were born, it becomes worse in 2017.
In the next boom period, god help us what will happen, even if right now it's hard to imagine.

Cryptos never cease to amaze me, in both positive and negative ways.

[squatter]

The drop in bitcointalk visitors is because the bounties are becoming increasingly useless with many not paying out, and the ones that do aren't worth anything. Hunters are giving up the game

That's a secondary effect of less general traffic and less interest in cryptocurrency investment during these times. I've actually noticed a recent uptick in BTC-paying campaigns launching, but interest in ICOs has been plunging for months and months. I'm sure that has a big effect on advertisers. I remember the altcoin market feeling this way ~ early 2015. It was a real doldrums.

[Nolimitz84]

I think that if the market always remained green, and the number of visits would be more.And since the market is practically standing still, many people are not interested in it.By and large, we have not lost anything. Speculators and amateurs are gone.

[waynechong1995]

Could be the merit system which deter alot existing users or new users striking for ranks, as well as the shrinking market which result in unpredictable bounty earnings as well less insights post. As for coinmarketcap users might simply moved to another platform or any news agragator that does everything more comprehensive

[Leonardo7]

Bitcointalk and Coinmarkcap are generally not a true reflection of the number of bitcoin investors or participants. I personally introduced some friends here to come read and make contributions, some got a ban, and they got angry for been ban even after paying fee to activate the account, some vow never to come back, but still they are heavy traders of crypto. Not everyone too visits coinmarketcap cap as there are alternative to this.

[Ozero]

The drop in bitcointalk visitors is because the bounties are becoming increasingly useless with many not paying out, and the ones that do aren't worth anything. Hunters are giving up the game

Yes, it is felt that less discussion topics and a smaller number of participants began to appear on this forum. Many bounty hunters have so far left the forum, for a long time or not - time will show. ICO projects are now experiencing a critical recession and it becomes unprofitable to participate in their few bounty campaigns, especially for those who value their time. I hope that the situation will change when the market starts to grow, and government or public bodies will begin to regulate the activities of ICO.