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Author Topic: Interest in Bitcoin is declining  (Read 6145 times)
xxxgoodgirls
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December 04, 2014, 03:00:19 PM
 #21

Adoption is increasing day by day, I wouldn't tell the interest is declining.

In summary, the Intel Management Engine and its applications are a backdoor with total access to and control over the rest of the PC. The ME is a threat to freedom, security, and privacy, and the libreboot project strongly recommends avoiding it entirely. Since recent versions of it can’t be removed, this means avoiding all recent generations of Intel hardware. details https://libreboot.org/faq.html#intelme --- https://tehnoetic.com/laptops --- https://store.vikings.net/x200-ryf-certfied
fewcoins
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December 04, 2014, 03:24:21 PM
 #22

Months ago Bitcoin was quite regularly on the news, etc, which might have triggered a populairty peak.

What also is important to know is that there were a lot gamblers buying Bitcoin at high levels hoping it will rise even more without even knowing what Bitcoin is.

These people got burned and sold with a significant loss, and they probably never bothered to check back what's going on currently.

Correct, and people will keep getting burned and keep leaving bitcoin... one day at a time!

Those people are still in the boat. They won't want to miss another chance. They will enter at least at the previous ATH and maybe are smart enough to get out at the next peak of the upcoming bubble. Also this happened times and times before, and there are enough people who are very confident, who are not going to leave the boat - even if times are dire now.

That is why you will all continue to hold & keep rebuying at every new low even when the price is near the silver exchange rate and you'll still be happy.

Sometimes you just can't talk sense into people even from a nice slow sell off all year since the manipulation to over $1,100 per coin
arieq
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December 04, 2014, 03:28:27 PM
 #23

Adoption is increasing day by day, I wouldn't tell the interest is declining.

Agreed, the adoption of bitcoin is increasing a lot, we only need the government to make this works! We have built the bridge to cross the chasm, now we need the pass from the government...

fonsie
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December 04, 2014, 04:03:15 PM
 #24

Months ago Bitcoin was quite regularly on the news, etc, which might have triggered a populairty peak.

What also is important to know is that there were a lot gamblers buying Bitcoin at high levels hoping it will rise even more without even knowing what Bitcoin is.

These people got burned and sold with a significant loss, and they probably never bothered to check back what's going on currently.

Correct, and people will keep getting burned and keep leaving bitcoin... one day at a time!

Those people are still in the boat. They won't want to miss another chance. They will enter at least at the previous ATH and maybe are smart enough to get out at the next peak of the upcoming bubble. Also this happened times and times before, and there are enough people who are very confident, who are not going to leave the boat - even if times are dire now.

That is why you will all continue to hold & keep rebuying at every new low even when the price is near the silver exchange rate and you'll still be happy.

Sometimes you just can't talk sense into people even from a nice slow sell off all year since the manipulation to over $1,100 per coin

It seems you were overinvested in bitcoin at one point in time, had to sell with a loss and are now trying to justify your mistake by trolling.

I decided to no longer use a signature, because people were trolling me about it.
Sevvero
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December 05, 2014, 02:20:28 PM
 #25

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile tears once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.
xxxgoodgirls
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December 05, 2014, 02:23:11 PM
 #26

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile dreams once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.

This is one of the most retarded statement I've ever read on this forum.

In summary, the Intel Management Engine and its applications are a backdoor with total access to and control over the rest of the PC. The ME is a threat to freedom, security, and privacy, and the libreboot project strongly recommends avoiding it entirely. Since recent versions of it can’t be removed, this means avoiding all recent generations of Intel hardware. details https://libreboot.org/faq.html#intelme --- https://tehnoetic.com/laptops --- https://store.vikings.net/x200-ryf-certfied
Sevvero
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December 05, 2014, 02:27:37 PM
 #27

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile dreams once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.

This is one of the most retarded statement I've ever read on this forum.

Keep the head in sand, charts speak for themselves.
anasazi
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December 05, 2014, 02:46:47 PM
 #28

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile dreams once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.

This is one of the most retarded statement I've ever read on this forum.

Keep the head in sand, charts speak for themselves.

As do your posts.
Rawted
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December 05, 2014, 02:55:34 PM
 #29

Price has held above the previous April 2013 ATH of 266 for over a year now.
Incorrect, we have had multiple dips below that number.
kurb3l
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December 05, 2014, 02:59:41 PM
 #30

The interest which you can analyze via these charts is end-user interest. Bitcoin had and has the potential to become internet money, but for the simple minded end-user it seems unsecure (scams, gox,...). Additionally it is not needed at the moment because it's much more of a hassle to acquire bitcoins and buy stuff with it than just use your fiat. This is where I personally thought IT startups would fill the gap with clever ideas. The development to make it more user friendly didn't continue and the bitcoin believers where losing interest.

In the meantime companies and speculators are moving in and in my opinion their interest is not represented in that chart.  The bitcoin market is shifting towards being a financial market. And like in the stock market you can lose alot of money if you don't know what you're doing. Makes it less attractive for end-users using at payment option. I personally can't see how the monetary use and the financial market can happen in this small market at the same time.
cbeast
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December 05, 2014, 03:03:14 PM
 #31

Price has held above the previous April 2013 ATH of 266 for over a year now.
Incorrect, we have had multiple dips below that number.
Not on stamp in the last year.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Sevvero
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December 05, 2014, 03:23:34 PM
 #32

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile dreams once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.

This is one of the most retarded statement I've ever read on this forum.

Keep the head in sand, charts speak for themselves.

As do your posts.
Ad hominems won't make price go up, delusional sheeple.
keystroke
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December 05, 2014, 03:26:20 PM
 #33

Funny, I am as interested as ever.

And sorry trolls, some of us did sell a bit at $1,000 (or even $1,092.77 and $1,123.00), but please do not be too jealous of the money which you missed out on. Cheesy There is still time for you if you get in now while prices are low.

"The difference between a castle and a prison is only a question of who holds the keys."
Kupsi
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December 05, 2014, 03:42:54 PM
 #34

Number of transactions:
https://blockchain.info/charts/n-transactions?showDataPoints=false&timespan=all&show_header=true&daysAverageString=7&scale=0&address=

LocalBitcoins USD:
http://bitcoincharts.com/charts/localbtcUSD#igWeeklyztgSzm1g10zm2g25zvzcv

LocalBitcoins EUR:
http://bitcoincharts.com/charts/localbtcEUR#igWeeklyztgSzm1g10zm2g25zvzcv

LocalBitcoins RUB:
http://bitcoincharts.com/charts/localbtcRUB#igWeeklyztgSzm1g10zm2g25zvzcv

Interest declining? NO!
orsotheysaid
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December 05, 2014, 04:30:55 PM
 #35

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile tears once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.

Go to the streets and ask real people if they know what Bitcoin is. Do the math and tell me Bitcoin has EVER been mainstream. You are delusional slash clueless. Enjoy missing the train for the millionth time.
Sevvero
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December 05, 2014, 04:46:26 PM
 #36

Popularity of Bitcointalk.org went down significantly since summer:
http://www.alexa.com/siteinfo/bitcointalk.org


Bitcoin on Google trends over the last 12 months:
http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=date

Bitcoin compared to some other terms:
http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20dollar%2C%20cash%2C%20paypal&cmpt=q

Also, positive correlation with price is obvious, which implies people are not truly interested in cheap coins and technology, but only care about rising price.
Very good analysis. Bitcoin is dying slow death. People saw it and hated it. Mainstream chose not to accept it. Anyone still holding is a sheep who will cry crocodile tears once the dream doesn't happen.

You had your chance to sell at $1000, it was obvious. Missed it? Then you are a fool and deserve to lose the money.

Go to the streets and ask real people if they know what Bitcoin is. Do the math and tell me Bitcoin has EVER been mainstream. You are delusional slash clueless. Enjoy missing the train for the millionth time.
They do know and they hate it. Time to face the reality, delusional bagholder. Don't be mad because you missed the obvious and only rally there was.
Rawted
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December 05, 2014, 07:28:36 PM
 #37

Price has held above the previous April 2013 ATH of 266 for over a year now.
Incorrect, we have had multiple dips below that number.
Not on stamp in the last year.
Irregardless, the price of Bitcoin did dip below the previous ATH several times. Bitstamp is not even 5% of BTC's exchange volume. No idea why you would use them as a defacto standard, unless you are just taking into account geographical concerns.
fewcoins
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December 05, 2014, 09:21:03 PM
 #38

Months ago Bitcoin was quite regularly on the news, etc, which might have triggered a populairty peak.

What also is important to know is that there were a lot gamblers buying Bitcoin at high levels hoping it will rise even more without even knowing what Bitcoin is.

These people got burned and sold with a significant loss, and they probably never bothered to check back what's going on currently.

Correct, and people will keep getting burned and keep leaving bitcoin... one day at a time!

Those people are still in the boat. They won't want to miss another chance. They will enter at least at the previous ATH and maybe are smart enough to get out at the next peak of the upcoming bubble. Also this happened times and times before, and there are enough people who are very confident, who are not going to leave the boat - even if times are dire now.

That is why you will all continue to hold & keep rebuying at every new low even when the price is near the silver exchange rate and you'll still be happy.

Sometimes you just can't talk sense into people even from a nice slow sell off all year since the manipulation to over $1,100 per coin

It seems you were overinvested in bitcoin at one point in time, had to sell with a loss and are now trying to justify your mistake by trolling.

NEVER took a loss in bitcoin sir... Constantly mining more everyday too... I just sell everything right off the bat now but I'm not leaving the btc market when it can get shorted
gustav
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December 05, 2014, 09:41:08 PM
 #39

decline is logical because it's inflationary. Now leave everyone alone so they can care about network security. Investors not welcome (yet)

maybe try again in a few years after the long period of stagnation which begins now.
Coinshot
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December 05, 2014, 10:32:29 PM
 #40

Interest is not declining, its that there are not enough new participants with enough new money to hold up the prices.


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