Bitcoin slowly losing its popularity?

[trader001]

We may reach the level mining will not be productive anymore like in 2011. e-bay would change everything no doubt but it will take a bit of time.

I think due to the competition between Ebay, Amazon and their likes, we just need 1 of them to accept it first.
If Ebay/Amazon took the first step, I'm sure that the other one would follow. Everything would change if they both accepted it.

Overstock is Amazon direct competitor. That has little influence on Amazon decision to join bitcoin payment network.

Think all the big giants are looking at their own balance sheet rather than what their competitors are doing.

Remember, Overstock is desperate and are making a gamble on regulation uncertainty.

[1715024118]

1715024118

[itsAj]

You look at the rich list on blockchain.info, it's easy to realise how bitcoin is in the hands of a few people, positive aspect if you want to manipulate it, negative if you want massime adoption: can you imagine a coin you will be lucky to own one in your life? With 21 million and billions of people, it's mathematically impossibile every one will own 1 bitcoin in the near future. The risk people will switch to a more liquid coin.

This is nonsense as well. This is why there is 1 'satoshi'. Your argument is invalid. (Even so, let's worry about this after we actually HAVE 21 million people using bitcoin)
Everyone can have plenty of them. 

I agree, this argument really makes little sense. His argument is akin to saying that fiat is bad because the $100 bill is too scarce so that everyone would not be able to have one of them. The fact that there are other, lower denominations of fiat bills makes it so many people can own fiat, but just in a lower quantity. Since bitcoin is divisible by up to 8 digits, to say that you need to own at least 1 BTC in order to own BTC does not make any sense.   

[grandFX]

bitcoin is not losing popularity. and this is the 3rd FUD topic trying to push this falacy onto the community.

but i guess the OP just wants a price crash to buy in cheap.. without realising that waiting for a $1-$500 bitcoin and not buying in now, will simply mean they will regret it when it gets to $1000 and they didnt make the 80%+ profit in just a few months.

alot of people complained in march about the low price and saying it was gonna fall.. they missed the $450 boat and when it got to $650 they whinged they missed out on the 50%

yes, I aggree with u. bitcoin is not losing popularity
and I hope bitcoin up again to $1000/btc.
nice share.

[cameltoe]

No way! Look at me, I just joined a bitcoin forum lol

[qwerty555]

No way! Look at me, I just joined a bitcoin forum lol

   currently there are 345k members on this forum..and whilst they are not all active the increase in membership on a monthly basis is a metric that can indicate popularity.

https://bitcointalk.org/index.php?action=mlist

Can admin tell us how many members a year ago or numbers at the 1st of every month..that graph will assist in answering the OP's question .

[Este Nuno]

People have just had enough of Bitcoin's 10%/year inflation, which was fine when there was lots of new money coming into the system, but its not OK now.

These days people want to receive dividends for holding crypto, for example BitSharesX has got the right economic model. It destroys transaction fees giving holders implicit dividends.

Tbh, I'm surprised more people don't complain about Bitcoin inflation. I think it's really been made clear in the past year how difficult it is to sustain a price with so many BTC being mined.

[cameltoe]

People have just had enough of Bitcoin's 10%/year inflation, which was fine when there was lots of new money coming into the system, but its not OK now.

These days people want to receive dividends for holding crypto, for example BitSharesX has got the right economic model. It destroys transaction fees giving holders implicit dividends.

Tbh, I'm surprised more people don't complain about Bitcoin inflation. I think it's really been made clear in the past year how difficult it is to sustain a price with so many BTC being mined.

Why don't you look beyond the price of BTC and more on the infrastructure that is rapidly being developed. It's like we're building a BTC rocket and we are barely working on the launchpad module. Once completed though.....TO THE MOON!!!!

[Mjbmonetarymetals]

I think a few years ago bitcointalk was the barometer of all things Bitcoin with no exception.

Bitcoin is now out of the box, those who think they can still manipulate Bitcoin through a forum thread are living in 2010.

As Bitcoin gains popularity the majority of people won't run to bitcointalk, Reddit or bitcoinwisdom every five minutes they'll just get on with life and simply spend or save Bitcoin.

[Hobbes2]

From what I have seen bitcoin is definitely not losing popularity. It may seem like that with prices drop and increasing all the time but that is something that will happen, it's not going to lose popularity over that and definitely not any time soon.

[101111]

There's less of the frenzied, manic trader/speculator talk of late last year, but that's not a bad thing imho.

[QuestionAuthority]

I think a few years ago bitcointalk was the barometer of all things Bitcoin with no exception.

Bitcoin is now out of the box, those who think they can still manipulate Bitcoin through a forum thread are living in 2010.

As Bitcoin gains popularity the majority of people won't run to bitcointalk, Reddit or bitcoinwisdom every five minutes they'll just get on with life and simply spend or save Bitcoin.

This is spot on. Bitcoin is past the new fad/trendy/edgy stage. Now it's just another payment method in herd of payment methods. There won't be another Gawker article about "the Silk Road money" that brings masses of people to this forum to learn about this new thing. At this point people will either understand the utility of crypto currency and use it or they won't based on its merits instead of hype. I brought up Bitcoin to a guy at a conference I was just at that started using Bitcoin but didn't know about this forum. He uses Coinbase to buy coin. There are too many users that don't know about this polluted sewer or Reddit to manipulate Bitcoin that way.

[grandFX]

bitcoin is dead. price goes down. damn! ill switch to jerkcoin!

yes, bitcoin price down. I hope price bitcoin up again
and keep survive this bitcoin.

[l3sny]

Super bubble in 2015 will bring the price of bitcoin to ~$40,000.

It is possible... but then it will drop to $1,500-2,500 and stay at this level till late 2017

[Lauda]

Super bubble in 2015 will bring the price of bitcoin to ~$40,000.

It is possible... but then it will drop to $1,500-2,500 and stay at this level till late 2017

Actually it depends on the bubble itself. The last bubble was $1200 and we've stayed mostly at around 40% of the initial price.
I don't think, that if it goes that far up that we will see it crash so low.
Even if it did, we would see the price start recovering in 2016 after the halving.

[l3sny]

yea, its is much more practical to guess what will be the next post bubble bottom

I bet something in the region of $2,300 

[devphp]

No super bubbles in Bitcoin any more, only gradual growth once this multi-month slump is over. On the order of 50-100% yearly, which is not too shabby if you ask anyone.

[Minerjoe]

Bitcoin losing its popularity? Not true.
You people need to have some patience, this is not a HYIP scheme, this is not a gold mine. You cant get rich in 3 months.
Buy, better to say invest and wait for a couple of years. Acceptance of this revolutionary technology s going to take time. IMO, the key is stock market. Once Wall Street gets the opportunity to trade BTC, once large investment funds get a grip of it, it s going to skyrocket. At this point I think it is inevitable, just takes time. 

[promojo]

thoughts?

I don't think so but I feel LTC is starting to lose popularity.. It doesn't seem to trend on climbs and dips like BTC.

[promojo]

We need eBay. It's eBay or death.

I don't know if that is going to happen because eBay=PayPal... That would take away profits directly from their hand.

[azguard]

Bitcoin losing its popularity? Not true.
You people need to have some patience, this is not a HYIP scheme, this is not a gold mine. You cant get rich in 3 months.
Buy, better to say invest and wait for a couple of years. Acceptance of this revolutionary technology s going to take time. IMO, the key is stock market. Once Wall Street gets the opportunity to trade BTC, once large investment funds get a grip of it, it s going to skyrocket. At this point I think it is inevitable, just takes time. 

Yea u can get rich in 3 months also you can loose in that 3 months.

For wall street they are in this since the beginning only they don't intervene. Why? Who knows.

Big companies are in this ass well but what is the influence that is another question on the mater.

Maybe time will tell