IIRC during the 2 last downtimes the BTC price went slightly up. Assuming the price movement can be any indicator of whether BTC is/isn't doing fine, then it seems that this forum doesn't have much impact on Bitcoin.
Yes, it's great to have a dedicated forum with such large number of registered accounts. But if it ever goes down for good, plenty of other forums will pop up to fill the void.
This.
Every time I have seen bitcointalk go down the price goes up. No idea why, maybe the signature campaign people are not cashing out their money.
I haven't seen any price increase when the forum went down the other day.
It's actually lower now but I am guessing that has to do with Gavin's announcement.
Before it went down price was $235. Then when it came back up:
Traded up to the 240's and then back down 236 this morning. And not a single rocket gif. Seems bitcoin can function fine without us....
Yeah but it was at around $235 for quite a while.
If anything, the forum going down didn't affect the price at all (or until the recent Gavin news).
Which goes to prove what I also think.
That the forum doesn't really have any effect on the price.
The developers on the other hand, do have effect, which is quite normal I would say.
I wanted to hear some suggestions and opinions about this , what's the real effect of Bitcointalk on Bitcoin ?
I personally don't think that Bitcoin would be that successfull as it is now if there was no Bitcointalk and a good community that answer our questions .
Also I think that if Bitcointalk goes down (like .. for ever) Bitcoin will probably go down too and lose a lot of users . I know I know you will probably say there is Alternatives like Reddit or other forums but they aren't good as Bitcointalk .
Anyway let me know what do you think about this . [ Added a poll too ]
Satoshi founded BCT and the current admin has the private keys to Bitcoin's alert system.
That makes Bitcointalk the official community of Bitcoin, so I don't think it can die.
That is quite an interesting statement.
I do have a few thoughts on that matter though.
When we say official, then it means it comes from an authority.
Which is what makes it official.
Isn't the whole point behind Bitcoin to eliminate central authorities?
But if we do eliminate this central authority, will Bitcoin survive?