Pages:
Author

Topic: Bitcointalk and CMC continue to lose influence over cryptomarket - page 2. (Read 797 times)

full member
Activity: 364
Merit: 105
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I'm going to take each one in turn.

Coinmarketcap - completely irrelevant, has no influence on direction of cryptocurrencies or offering advice on to buy etc. Merely serves as a price, martketcap etc indicator.

Bitcointalk- somewhat relevant but not the end of the world. Bitcointalk is/was great for like minded people to get together and discuss cryptocurrencies and how they can shape the future. A combination of bitcointalks problems (too much spam) and the fact that most beginners can now find information elsewhere has seen the decline in bitcointalk in that regard. However it doesn't mean that there are still not people here who can have a positive influence or that those people who choose to source their information elsewhere will find incorrect or un-encouraging information.
full member
Activity: 486
Merit: 102
I not think bitcointalk and cmc influence price to go down. There are more factors that can influence price, miners sell coins, the investors sell coins to get cash, some "bad news" , and others reasons.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
not enough for bitcointalk alone to affect the crypto industry. because the bitcointalk forum only focuses on the bounty campaign, while the crypto industry is very large. there is trading, investment and also minning. so it's natural that bitcointalk doesn't have a big effect on the crypto industry, but at least this forum is very positive for the advancement of the crypto industry.

there will stil be consequences if bitcoin talk and CMC (bitcoin centristic cryptoindex) loses more and more viewers.

-11% per month is a lot its not sustainable
It is normal to see people's interest die down as the market goes lower in most cases like this, and then based on the fact that the craziness in the market generally has died down, then it is normal to see these occurrences.

The devil is in the detail

As there is general demand, there is also effective demand which represents a real intention to purchase by people who actually possess the means to pay. Needless to say, it is the latter which means something in terms of shopping activity. It is the same here, i.e. it all depends on who is leaving. If this percentage is made up entirely of shitposters, then good riddance to them. The forum will do only better without them, though I can't say that I'm very fond of the merit system introduced lately as it doesn't seem to reduce the amount of shitposting. Signature space whitelists would work a lot better as no one would be shitposting for the sake of shitposting only (apart from a few disturbed individuals who are beyond all hope)
full member
Activity: 462
Merit: 100
I think that has become a natural law because bitcointalk will not last as long as it is certain that there will be a time when bitcoin will decrease and not affect at all, all these rules have proven that bitcointalk has begun to lose influence from the people who use cryptocurrency.
jr. member
Activity: 86
Merit: 1
not enough for bitcointalk alone to affect the crypto industry. because the bitcointalk forum only focuses on the bounty campaign, while the crypto industry is very large. there is trading, investment and also minning. so it's natural that bitcointalk doesn't have a big effect on the crypto industry, but at least this forum is very positive for the advancement of the crypto industry.

there will stil be consequences if bitcoin talk and CMC (bitcoin centristic cryptoindex) loses more and more viewers.

-11% per month is a lot its not sustainable
It is normal to see people's interest die down as the market goes lower in most cases like this, and then based on the fact that the craziness in the market generally has died down, then it is normal to see these occurrences.

However, just wait until we start having some bullish momentum and then you will see how things can change very fast. People tend to direct towards the news that is really going to please them and the mainstream media also do have a lot of part they play in that aspect.
sr. member
Activity: 1470
Merit: 325
Honestly, the title of this thread is very inaccurate and the contents of it are very misleading. There's no way that a decline of "audience" in Bitcointalk and CMC correlates to the price of BTC and the cryptomarket in general. This is just a very misleading statement and promotes more FUD to those who are very gullible and easily get inlfuenced by such things. It's just the market now is tanking and people are somehow resting after the sick bull run that we had last December. I'm sure that once we see any sign of bull trend in the horizon, people will come back very fast to the said platforms.  Grin

i didnt said the price will drop, (although thats likely)

i just said the first bitcoin forum and the first cryptoindex (bitcoin)

is losing influence over the market,

not just because alternative indexes, forums and communities grow and show up

but also because they lose visitors.

my personal oppinion is that after decentralisation of the financial system, the original support for the "ramcoin" bitcoin is gone,

no one except the bitcoin miners, bitmain, and the few token holders will have an interest in bitcoin, many people will have a decentralised portfolio by then, and hope for general success of the economy and industry.

regards
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
Honestly, the title of this thread is very inaccurate and the contents of it are very misleading. There's no way that a decline of "audience" in Bitcointalk and CMC correlates to the price of BTC and the cryptomarket in general. This is just a very misleading statement and promotes more FUD to those who are very gullible and easily get inlfuenced by such things. It's just the market now is tanking and people are somehow resting after the sick bull run that we had last December. I'm sure that once we see any sign of bull trend in the horizon, people will come back very fast to the said platforms.  Grin
legendary
Activity: 1652
Merit: 1483
next week we will see weather the 11% loss continues

wouldn't you expect this sort of decline after a bubble? interest has declined everywhere you look. it's not about bitcointalk or coinmarketcap in particular. check out google trends for bitcoin---searches have been sliding downwards all year.

we're not in a bull market, the mainstream media isn't hyping things everyday anymore, and the ICO market is pretty dead. no need to check CMC or ANN threads everyday when your entire portfolio is rekt! Tongue
sr. member
Activity: 1470
Merit: 325
next week we will see weather the 11% loss continues
sr. member
Activity: 1470
Merit: 325
not enough for bitcointalk alone to affect the crypto industry. because the bitcointalk forum only focuses on the bounty campaign, while the crypto industry is very large. there is trading, investment and also minning. so it's natural that bitcointalk doesn't have a big effect on the crypto industry, but at least this forum is very positive for the advancement of the crypto industry.

there will stil be consequences if bitcoin talk and CMC (bitcoin centristic cryptoindex) loses more and more viewers.

-11% per month is a lot its not sustainable
jr. member
Activity: 490
Merit: 2
not enough for bitcointalk alone to affect the crypto industry. because the bitcointalk forum only focuses on the bounty campaign, while the crypto industry is very large. there is trading, investment and also minning. so it's natural that bitcointalk doesn't have a big effect on the crypto industry, but at least this forum is very positive for the advancement of the crypto industry.
sr. member
Activity: 1470
Merit: 325
I think Bitcointalk is being effected by the crashing market.  Watch what happens when the market comes back and people get excited again.  Bitcointalk will do its own mooning.  This is still the #1 spot as far as I'm concerned.  

market might completely relocate and switch its center

lets messure weather the 11% decline continues in september

august had 16.83 M visitors.

lets see what september brings

according to linear regression september should bring max 15 million visitors.
member
Activity: 100
Merit: 10
Most Advanced Crypto Exchange on the Blockchain
I think Bitcointalk is being effected by the crashing market.  Watch what happens when the market comes back and people get excited again.  Bitcointalk will do its own mooning.  This is still the #1 spot as far as I'm concerned. 
jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
I don't think the influence of both Bitcointalk and coinmarketcap has any correlation with the price of bitcoin. The price of bitcoin is not affected by the activities of this forum or that of cmc.
full member
Activity: 686
Merit: 227
I think that Bitcointalk still has influence on the market and the community. Now only big traders and investors can influence the price but on the forum a community is being created around the coin and this is very important. The community is the key to success.
sr. member
Activity: 1470
Merit: 325
https://www.similarweb.com/website/bitcointalk.org

https://www.similarweb.com/website/coinmarketcap.com

bitcoin talk continues to lose influence over the cryptoindustry,

same is the case with coinmarketcap.

with bitcoinfounders losing the grip bitcoins value will also collapse

so dont expect a mooning of bitcoin towards 50k there wont be one.

Do you think that bitcointalk is the only source for bitcoin influence ? Bitcointalk is a good forum for cryptocurrency,
but it is not the only one can affect peoples to know bitcoin. There are many peoples who know about bitcoin not from the bitcointalk only.

bitcointalk and coinmarketcap are still bitcoins roots.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
https://www.similarweb.com/website/bitcointalk.org

https://www.similarweb.com/website/coinmarketcap.com

bitcoin talk continues to lose influence over the cryptoindustry,

same is the case with coinmarketcap.

with bitcoinfounders losing the grip bitcoins value will also collapse

so dont expect a mooning of bitcoin towards 50k there wont be one.

Do you think that bitcointalk is the only source for bitcoin influence ? Bitcointalk is a good forum for cryptocurrency,
but it is not the only one can affect peoples to know bitcoin. There are many peoples who know about bitcoin not from the bitcointalk only.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
if bitcointalk and CMC lose influence over the market everything can happen a new market can be introduced, dropping all others into nothing that new market might then hold the entire economic attention, or even more, that new market will have its own index understanding.

I don't believe there is any meaningful influence of bitcointalk or coinmarketcap on the market prices that you are trying so hard here to prove. but if what you say is true and sites like coinmarketcap and bitcointalk lose their influence the first thing that will happen is that altcoins that are currently on top of CMC will get  dumped real hard because main reason for them to be on top is because these sites say they are on top. so expect coins like ETH and XRP to go down at least 80%

I mostly agree that bitcointalk may not have so much influence on prices now (provided it ever had) as it is more about spreading awareness, and today most people are already well aware about Bitcoin and cryptocurrencies in general, so this is no longer relevant anyway. I mean as a primary source for crypto-related news, of course. But I don't agree with your stance on CMC as I've personally been asked a few times recently to help out with listing a few coins there. I would agree that this site is shady (mildly speaking) but that doesn't mean that it has lost its grip on the market. But I definitely wouldn't regret if it did

As that would be a good thing for the market
full member
Activity: 602
Merit: 107
The reason for the drop in traffic is the drop in interest due to the bear market. Besides that, a lot of new sites have emerged that are much better quality than CMC.

I would suggest you check out CoinCodex instead.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
if bitcointalk and CMC lose influence over the market everything can happen a new market can be introduced, dropping all others into nothing that new market might then hold the entire economic attention, or even more, that new market will have its own index understanding.

I don't believe there is any meaningful influence of bitcointalk or coinmarketcap on the market prices that you are trying so hard here to prove. but if what you say is true and sites like coinmarketcap and bitcointalk lose their influence the first thing that will happen is that altcoins that are currently on top of CMC will get  dumped real hard because main reason for them to be on top is because these sites say they are on top. so expect coins like ETH and XRP to go down at least 80%
Pages:
Jump to: