Bitcoin is coming back, stronger than ever! - page 3.

dothebeats

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Quote from: Swordsoffreedom on October 22, 2015, 01:51:18 AM

Quote from: zby on October 20, 2015, 04:09:13 AM

When you have spikes like this - that means a new bot maker found a way to break trough the filters.

Well that does seem like a possibility on the other hand besides the bot maker I'm sure some of that uptrend is also from new users signing up to the forums and what not.
But yah we need a bot filter to determine actual and bot.

Probable, but that bot maker could probably hail from exchanges themselves that is why it went undetected, just like the Willy bot. Also, looks like traders are using the hype on the ruling of ECJ on bitcoin to make it look like public interest is rising. That is also possible.

RealBitcoin

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Quote from: jasonjm on October 22, 2015, 06:41:50 AM

and now for a reliable gauge of public interest in bitcoin

https://www.google.co.uk/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=Etc%2FGMT%2B7

Yes as the ECJ made bitcoin VAT exempt, looks like the interest is surging.

Also the Q3 report of Coindesk sums it up well:

http://www.coindesk.com/research/state-of-bitcoin-q3-2015/

There is growing interest in Bitcoin, I`ll replace the OP because its misleading.

jasonjm

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and now for a reliable gauge of public interest in bitcoin

https://www.google.co.uk/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q&tz=Etc%2FGMT%2B7

Swordsoffreedom

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Quote from: zby on October 20, 2015, 04:09:13 AM

When you have spikes like this - that means a new bot maker found a way to break trough the filters.

Well that does seem like a possibility on the other hand besides the bot maker I'm sure some of that uptrend is also from new users signing up to the forums and what not.
But yah we need a bot filter to determine actual and bot.

dothebeats

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Quote from: gogxmagog on October 21, 2015, 10:55:07 AM

Quote from: 1Referee on October 20, 2015, 04:44:58 AM

Looking at how much "people" registered here in this forum is no indication of how Bitcoin is doing. Account farmers and trolls may have hundreds of accounts to spam with or farm signature campaigns.

this is exactly what i was going to say.
there was especially a huge influx of signature farmers last winter as OP noted being a major growth period.

i cant imagine what new users who come to this forum looking for intelligent discussion think when they get here and see dozens of "How Many do you have of Bitcoin and why you her loving so?" threads

people

Silly thing is, there is one signature farmer who goes on by the names of LoL characters, and that user have a dozen of accounts to post with--posts of which are mostly the same idea only with different wordings. The number of registered users here doesn't correlate to how many users are really there using bitcoins. Most are in it for bitcoins only to be converted to fiat after they got it. Roll Eyes

jacee

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Well AFAIK the membership numbers in here is not a reliable source of information on how many people are really using bitcoin. Unless the forum will prevent multiple accounts, maybe but then multi accounts are allowed so yea, who knows that half of those accounts are owned by the same person.?

lumeire

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I know what that is, Xrumer.

Maybe if you're able to check you would see links in their profiles. Classic low-end SEO, they're so silly.

gogxmagog

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Quote from: 1Referee on October 20, 2015, 04:44:58 AM

Looking at how much "people" registered here in this forum is no indication of how Bitcoin is doing. Account farmers and trolls may have hundreds of accounts to spam with or farm signature campaigns.

this is exactly what i was going to say.
there was especially a huge influx of signature farmers last winter as OP noted being a major growth period.

i cant imagine what new users who come to this forum looking for intelligent discussion think when they get here and see dozens of "How Many do you have of Bitcoin and why you her loving so?" threads

dothebeats

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Quote from: NorrisK on October 21, 2015, 01:29:38 AM

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

Well most of the time, this is the scenario. As the price increases, so is the interest in bitcoin. Also, I don't think that the forum is still a reliable source of information nowadays, but still people can find some good bits of knowledge here.

bitgolden

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Quote from: Kevin77 on October 21, 2015, 02:08:17 AM

Quote from: NorrisK on October 21, 2015, 01:29:38 AM

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

Yes. Price raise is the solutions or most wanted situations in all means. Bitcoin can go any where with a price raise. This means all other infrastructure or regulations would come into effect automatically once bitcoin hit higher sustaining price for some period.

I need to agree. When bitcoin is more attractive then all the required things will come and function automatically as new fund flow will do all the required things. The forum getting new blood which is good news for bitcoin community as new users may turn new investors for bitcoin growth.

Kevin77

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Quote from: NorrisK on October 21, 2015, 01:29:38 AM

Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

Yes. Price raise is the solutions or most wanted situations in all means. Bitcoin can go any where with a price raise. This means all other infrastructure or regulations would come into effect automatically once bitcoin hit higher sustaining price for some period.

NorrisK

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Seems about right to me actually.. Price rise --> more interest in bitcoin --> more people find their way to forums to learn about bitcoin.

I guess the spam accounts account for most of the steady line in between the spikes.

OgNasty

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Google Trends looks pretty flat. You need to see this spike like it did during the last two bubbles.

coinplus

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All these are new thing and wonder how people are in searching of new bitcoins in each and every methods. New members to this forum must be a good initiative as we need to consider every new account as new person. They are getting educations on bitcoin and making others learning on bitcoin.

mexxer-2

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Quote from: RealBitcoin on October 20, 2015, 03:05:57 PM

Quote from: smith coins on October 20, 2015, 11:44:07 AM

I think that we should not count the quantity but the quality.
I have a feeling that people are creating more and more accounts to sell them after a year or so.
Mostly farmers, but there are also new people that are interested in bitcoin but i think the % is same from the last month.

Also it seems to me that the average post/person is about 30.

So a person creates an account, posts 30 posts and then quits. These are not signature farmers, these are just newbies who become uninterested with bitcoin, for the moment.

Yes 1 new bitcoin member who stays atleast 5 years with bitcoin is better then 100 new members that stay only 1 week

Who says they couldn't be account farmers, most of the account farmers are farming only potential accounts so 1 post every 14 days. So they may appear to be inactive.

RealBitcoin

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Quote from: smith coins on October 20, 2015, 11:44:07 AM

I think that we should not count the quantity but the quality.
I have a feeling that people are creating more and more accounts to sell them after a year or so.
Mostly farmers, but there are also new people that are interested in bitcoin but i think the % is same from the last month.

Also it seems to me that the average post/person is about 30.

So a person creates an account, posts 30 posts and then quits. These are not signature farmers, these are just newbies who become uninterested with bitcoin, for the moment.

Yes 1 new bitcoin member who stays atleast 5 years with bitcoin is better then 100 new members that stay only 1 week

Kevin77

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Quote from: smith coins on October 20, 2015, 11:44:07 AM

I think that we should not count the quantity but the quality.
I have a feeling that people are creating more and more accounts to sell them after a year or so.
Mostly farmers, but there are also new people that are interested in bitcoin but i think the % is same from the last month.

We can not expect quality to a new comer. But we can insist them to follow forum regulations.
I do not know much about farming.
In the event of new real users come into forum, then some of them will contribute to bitcoin to grow in any sector which is the thing I look from the new users.

smith coins

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I think that we should not count the quantity but the quality.
I have a feeling that people are creating more and more accounts to sell them after a year or so.
Mostly farmers, but there are also new people that are interested in bitcoin but i think the % is same from the last month.

talks_cheep

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Maybe I shouldn't admit this, but I have created two dozen accounts on the forum. I'm thinking about creating another dozen soon. And I can't be the only one doing it. Moral of the story, do not equate the number of new accounts with how strong bitcoin is. It's not.

darkangel11

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Don't let others control your BTC -> self custody

Increase in the number of accounts doesn't mean an increase in the number of members and of course it doesn't mean that these people will buy Bitcoin.

Topic: Bitcoin is coming back, stronger than ever! - page 3. (Read 4929 times)