Topic: Has Bitcointalk lost it's appeal for projects to announce themselves on? (Read 405 times)

I don't think any project is actually willing to spend money for advertising altcoin projects, so they went with bounties and paying in their own tokens which means the advertisers will get nothing if the project doesn't succeed and after 2018 there is a better realization from investors to pick projects so they are not going to invest any money on a random project.

Also, projects choose other paths like exchange launchpads, using the reputation of big exchange names to raise funds and even it faded away years ago so the altcoin project will not create any attention unless it's influenced by a celebrity.

You have said truth. I was part of campaign called Jarvis (JRT), they rewarded well to the hunters but in telegram channel they remarked that their bounty on bitcointalk was such a waste.


I don't think scrutiny is reason, I'm more drifting towards what Yahoo said above.

I like your optimism but I'm not so sure about that... Its been 14 years and we can still hardly even get people to accept cryptocurrency as payment for goods & services -- and I'm talking about goods & services outside of the crypto industry. Online merchant penetration has hardly budged in a decade. There's a reason why blockchain tech is often referred to as "a solution in search of a problem."

Outside of being a borderless currency, the best use case I've seen for it thus far is digital transmutation of physical items, meaning its a way to prove that somebody owns a digital item that can't be forged/duplicated/altered. This applies mainly to collectibles and the gaming industry but there are many other areas where this could be useful.

They probably think there's not enough positives for launching their projects here because of the scrutiny that others have mentioned and the potential negative trust feedback if they get exposed. They cannot control the narrative here even if they open a self-moderated ANN. It's better for them if they could simply block users without immediate repercussions on other platforms like X.

So untrue!   So SO untrue!   

Crypto coins have had every service examined, but the future of blockchain is just starting!   

I honestly don't think many altcoin projects from 2017 til now have really made much from announcing their project/token/ICO here. The bounty hunters do the work, but not efficiently. Hundreds of accounts with bots as followers that get few to no likes or comments, meaning they're reaching noone. Just a waste of money really even if it is just a token. If the project plans on listing or already is listed, the value is still there.

The value is in the people advertising the project, if they use only cheap methods to cheat a project then word of mouth gets around and shows other project to not waste their time. If you want projects to keep coming here, you need to show them you are valuable.

I think loads of projects these days are now moving over to the current version of marketing. ANN Threads in here can be said to serve as a marketing mediums but the impact is no longer felt. The impact of having ANN Threads in here does not help with fund raising nor awareness anymore, hence, the decline.

Another factor is that bitcointalk is not actively involved in the new niches and advertisements that happens on twitter, I can say load of people have no idea about bitcointalk as a platform.

Bounty has also reduced or considered non-effective/efficient to the new projects.

All these contributed to the decline of ANN Thread in the forum.

The problem with this is that Bitcointalk isn't focused on altcoins too much and the people that are visiting the forum isn't really here for the altcoins, I don't think that the forum is going to be popping up when you search for any altcoins unless you type in a specific topic title in the search engine so that's probably the reason why you think that there's not a lot of altcoin projects that are pouring into the forum, it's a good thing in my opinion because most of these projects are a disaster waiting to happen anyway so in a way these projects not getting into the forum for promotion is a good thing because they would get less people to get in their projects or even investors.

I think different altcoin die out every years, but like I said years back and also from my research I can still see that some coins from 2017 are still standing talk but tho not as when it was first launched but that one is one characteristic of alt coins, they don't actually remain as it was from the first and second year it was created unless luckily it also gets pumped after two year and then dumped finally that it might never rise again.

There are alot of great new altcoin projects actually, it's just that they don't start their journey through this forum anymore, like it used to be in 2016 when I joined this forum, even down to 2018 and 19 I think.

Average users on this forum no longer gives a damn about altcoin projects, most aren't even willing to promote it, the average users are now focus on bitcoin paying promotions due to the several disappointing experiences they've encountered promoting altcoin project, I myself shifted from promoting altcoin paying project to promoting only projects paying in bitcoin because several a times, Ive promoted altcoin paying projects and at the end of the day, I got nothing out of it.

I agree that Bitcointalk is still the best place to advertise anything and everything about Cryptocurrency but we hardly see new projects that have huge potential in the market, and why would they not advertise here in Bitcointalk, it's free to advertise here, we have a ready army of promoters which is the bounty hunters and they can maximize their advertising for free using their tokens or coins.

It's just that new projects can not compete with the whales in the industry, what we are seeing now are memes, trending coins, and pump and pump coins and the investors are losing a lot of money because of so many scam projects.
The glory days of altcoin-related projects seem to be over after 2019 we hardly see any good projects now.

It's not the forum that lost its charm, but rather, altcoins lost their place here on the forum, so in other words, it's the altcoins that lost their charm on this forum.

Back in the days of Ethereum and every other successful altcoins project that began their journey on this forum, alot of forum users (most especially important forum users) trusted in altcoin projects, and supported it.

But unfortunately, as time went, alot of this altcoins turned to either be an outright scam, or they rug their investors in the middle of the project, some of the come on this forum, get promoted by forum users through signature campaign, Twitter, medium and other social vices, but at the end of it, they will not pay the forum users who spent their time and data, promoting, all this contributed to why so many users of this forum lost interest in altcoins, and don't even bother discussing about them here, almost every established forum member today gives their attention to bitcoin alone, and also do not forget that service providers in the service board do not allow, or rather, count their signature participants posts in the altcoin board as a payable posts, this also have discouraged alot of established forum member from giving the altcoin board any attention.

Hence, altlcoins have lost their charm on this forum, not the other way round.

Advertisements on the forum have become limited to services that cannot provide these ads directly on Twitter, Reddit, Telegram, YouTube. Therefore, we do not see many token ads. We see ads for mixers, gambling services, and investments that do not include a high return or deceive investors. Another reason may be that User awareness here. The degree of awareness here is much higher than on Twitter, and it is difficult to deceive someone with the ease of making a quick profit compared to the ease of doing on Telegram.

Years ago, how many years ago?

I see the same, years ago, many altcoins died and last two or three years, many altcoins died too.

It is a common style to amplify and advertise their projects to investors like an innovative project that will be a Bitcoin killer, Ethereum killer, a game-changer in blockchain industry. Their project did not change any of those things but unfortunately changed life of many people, made them poorer or bankrupted.

• How many cryptocurrencies failed?
• Charting the Number of Failed Crypto Coins, by Year (2013-2022)

Do they have to show their faces off if they make announcement threads for their projects in Bitcointalk?

They even don't feel shameful to show their faces to convince investors.

It appears that everything that can be done using the blockchain under the sun has already been done, or attempted, or at least had fundraisers for it.

While 99% of all cryptocurrencies & tokens that have ever been launched eventually end up trending to zero, part of me does wonder if someday we'll have a second Ethereum-type coin... Something that will knock Tether out of 3rd place in the market cap rankings. If we do, would they have an announcement here in 2023 or 2024? I dunno, hard to say.

Bitcointalk was certainly more of a focal point for all things crypto-related back in 2014 -- now discussion of new projects takes place on Twitter, Reddit, Telegram, YouTube, and Facebook/Instagram to a smaller degree. For my projects (I'm not trying to be the next Ethereum or anything), discussion in threads is very minimal.. Its kind of discouraging and I prefer to advertise elsewhere.

Some years back, there were a good number of projects with a good intention to build their project to become very successful, but it seems this time around, the space is polluted with more scam projects that are only after the benefits they will archive from the project; they don't care about the interest of the investor, and because these projects know they don't have a clear intention and they have some secrets they don't want the public to find out about, they know fully well that if they create an announcement thread on the forum, they might be entertaining some questions from some reputable members, and that is what they are avoiding.

It's mostly segmentation at work and the target audience of several among the new projects, the forum retains its appeal mainly to announce crypto (specially BTC) related products, services and 'true,' altcoins with their own blockchain, some token or nft projects with a particular or less exploited features and goals also find it attractive

It's far less appealing for generic tokens and "buy my nft because it's a nft" type projects and outright hostile to CEX and custodial wallet projects, but here is where the target audience plays its role, these projects aim mostly at users who are new in crypto and no very experienced, yet.

 

Announcing a project on a twitter account with 30k followers will do a better job than announcing it in the altcoins section. Before now, when Ethereum made their Ann thread here, the social media was not very powerful as compared to what it is today
Here is becoming obsolete and not attractive to this generation internet users. A YouTube influencer will reach a larger number of people and persuade them to buy shitcoins, this cannot be obtainable in the bitcointalk forum.
Time is a factor, the horizon has shifted.

Dieses Forum is filled with so many armys, which have different skills, and most of them have dedicated their time to keep the crypto industry clean in the little way that they can, which brings them to the duty of making a good research in regard to any project, which announce their intentions here on the forum. 
 
In the past, as I have read, after the reign of ICOs and other forms of project fundraising, their have been lot of projects, which the intention is just to use the Community at their own advantage, get victims, whom want to invest in their project, but now are days, just making mention of your project, which might have some scam attached to it, can destroy that entire project, as members here will have to make investigation regarding that project, then and when things fishy are found, they are not being treated nicely. 
 
Unless it's a good project with good intentions, they will not want to selfreport theirselves to the public, where their plan will be killed even before they get started.

That is something I was wondering about for quite a bit now but I find the answer of fellow user shahzadafzal


covers the main part of the reason of this happenings. Just think of how just creating a self-moderated thread triggers a wave of generalized skepticism and usually the question is inevitably found on the first page "why a self-moderated thread"?
Some platforms are better suited to user management and keeping the discussion within certain parameters ( discord, telegram, slack in the past).
We might say bitcointalk lost its appeal for scam projects maybe.

Other platforms emerged and has gained a growing audience in the cryptoworld over the years like Twitter ( still not able to call it X) Medium and many projects communicae there.
 

And thats still the case and has become more active again recently, mostly written by bots or newly registered accounts.

As already a few times written and i also think that , that a lot of Project Anns dont want to get exposed for be a Scam in the end.
The next thing is how many real good projects was made the last year or years ? Mostly just copy and paste from other Projects to  maybe make a quick money.
At all we or the most here because of Bitcoin and share news about it and try to get people that havnt been in Crypto to help them to understand what it all is.

Bitcointalk still remains the number one place that projects do launches but what you have to understand is how often people gets information to come here to announce their projects I can freely say that most project that came here to launch is either a direct reference or maybe such people already had knowledge of this forum will make them to launch their project here. Then secondly most project doesn't have that enough fund for marketing, basically for a project to gain audience here is when they run an promotional campaign and this could be signature or bounty and for bounty's I think they need to hire a manager who is well exposed to this forum. Otherwise those projects only announces themselves on social media especially Twitter (X) and any other social medial platform that allows promotion of cryptocurrencies.

The attraction of visitors to this forum has not diminished, but it is now more organic on those boards thanks to the algorithm that theymos implemented to prevent spam behavior that seems to be really working. As I remember most of the altcoin team representatives also hired spammers to excessively bumping their announcement threads.

First of all, bitcointalk community is more vigilant when it comes to altcoin projects, meaning scambusters will check almost all new projects and if there are some red flags (and in many cases there are), altcoin reputation will immediately go down the toilet.

2nd reason is that in the past those altcoin projects simply didn't have any other platforms to promote crypto, so where else to go other than bitcointalk. Situation changed now and there is plenty of competition that wasn't popular ~10 years ago.

3rd reason is that bitcointalk community is generally not altcoin friendly and focused more on bitcoin, meaning its a waste of time and money to promote altcoins here and it still baffles me how bounty managers still manage to sell campaigns to their clients.

Last but not the least, forums are not as popular as they used to be 10 years ago (I would say that golden age of forums was 15+ years ago when fewer people had access to internet meaning more quality discussions) so its only natural that bitcointalk is not as popular as it used to be,

Many member talks about altcoin project, but that also apply with project that related or primarily use Bitcoin. For example, recently i encountered this interesting project (https://opcodeexplained.com/) where the author share it through twitter and i discovered it through Bitcoin Ops mailing. If you check Project Development board, there are only few new project announced where some of them isn't really related with Bitcoin.

I also agree scrutiny and big skepticism shared among many member also discourage people from announcing their project on this forum.

Too many shitcoin and scam projects has made altcoins lose its appeal on Bitcointalk. There are two theories:

1. There have been too many disappointments and scams when it comes to new altcoin projects. Even if the altcoin project is really interesting with an awesome team, people on Bitcointalk will no longer want to risk their time/money.

2. Most projects are not good enough to pass our community scrutiny. Thats why they are not going to expose themselves here on Bitcointalk in the first place. Social Media is more blurry in that regard. As long as something is trending, people will believe it is good.

For me, the appeal of the Bitcointalk forum didn't diminish; it just reduced the prevalence of scammers. Many platforms and channels have emerged for project announcements, such as on social media. They prefer to promote their projects there because they know there are many potential victims. We know that most emerging crypto projects are not beneficial, as their sole purpose is to take investors' money. They avoid announcing on Bitcointalk because they know that veterans and experts in evaluating crypto projects are present here.

Because the project prefers other avenues to promote it, including on social media which is where the public is there, in addition now some major media have offered services where they can advertise projects by being published through articles so maybe that's what bothers them not coming to bitcointalk anymore for other reasons maybe there can be called the attractiveness of altcoins is decreasing.

Yes maybe the altcoin projects that come are decreasing because there are many spammers and scams there while for others the attractiveness of bitcointalk is getting higher, for example many new casinos come to bitcointalk with signature campaign promotions in the end they can survive and thrive here, even some casinos have partnered successfully with big football clubs.

Yeah most of them either ended up as failures of downright scams. You are right they losing their habit of coming here, but they are doing this because they are getting "Victims" to scam here with their vaporware and rugpulls.

If you have a community which is hardened enough to call out every other scam from the core and expose their red flags, you would not want to come there unless you have a legitimate project at hand that you are proud of.

I would rather see a handful of legit projects run their ANNs here than a multitude of scams run their bullshit.

Bitcointalk is a Bitcoin Talk Forum and mainly for Bitcoin.

Altcoins in the past, made their announcements here because VCs, Labs were not common and had big capital for cryptocurrency investments like we saw since 2020 bull run. Big altcoin projects have other places to build their communities and raised fund for their projects but does it affect Bitcointalk?

I think it is good for Bitcointalk because there will be less spammers join the forum. There are still altcoin projects have their bounties in Bitcointalk but they are not big ones.

Altcoins even they are big and top altcoins, can die and lose their top positions. Bitcoin stays at a first position since 2009 and Bitcointalk is a biggest, most iconic cryptocurrency forum.

If these are the projects you mention, then there is no harm to the forum, considering the reputation of most of these "crypto projects" which mostly only contribute to the fact that the average person gets a very distorted image of Bitcoin. In fact, the less they are promoted here, the better for the forum's reputation and even better for all those desperate people who serve as cheap (or even free) labor in their bounty campaigns.


If you have a legitimate project that you want to advertise and promote, then this is definitely not the case. However, I think that forums as such are increasingly losing their charm, considering that new generations want something else like FB, Telegram and similar things. But in the end, as I already said, it is not a bad thing for the forum.

These projects have become duplicates and most of them are tokens that only offer promises of quick profits and are not altcoin on a different blockchain, there is not much to discuss here compare the ease of having investors on X.
The forum is open  and responses are recorded not like some other places where it is easy to spam or use bots.

Being attractive to a group of projects that more than not turn out to be scams is not a charm. I do not think many here will miss them if there was a significant drop in altcoin projects but I do not think there has been.

The forum is still swarmed with bounty spammers which is a direct result of new projects looking for publicity. The altcoin section too still has lots of ANN threads popping up now and again.
If there has been any drop it will be due to an overall drop in new projects compared to the ICO surge during the last 2 bullruns.

- Jay -

Bitcointalk not lost it's charm, Altcoins board is.

If many projects/bounties aren't scam and users who post in Altcoins board isn't a bot or shitposter, we will see a similar quality like the project that has a campaign pay with Bitcoin.

So it means promoting in Altcoins board isn't really work anymore, they mostly trying to get listed in top exchange or launchpad.

I won't say they're successful, but it's just an another exit scam coin.

Transparency!!!

Transparency plays a pivotal role in the evolving dynamics of crypto project announcements. On Bitcointalk, the scrutiny is intense; a single comment from an established member can swiftly expose any discrepancies, potentially derailing a project’s launch. Bitcointalk still has a big matured audience and the stakes for transparency have risen.

In the current landscape, a significant portion of new crypto projects falls into the trap of being perceived as scams. This is largely because many fail to articulate clear goals and transparent token distribution strategies to their users. Bitcointalk community members are increasingly demanding a higher standard of information, and platforms that can meet these expectations effectively become the preferred choice.

While Bitcointalk has historical significance, but yes the charm of Bitcointalk for new crypto project announcements has diminished.

Bitcointalk is more focused on bitcoin related activities so any other cryptocurrency will find there way in the altcoin discussion session. we should understand that the major objective of this forum is centered towards creating an acceptable awareness among bitcoiners and if you check very well you'll observe that most discussion here is Bitcoin related. Every member focusing on bitcoin is as a result of it's improvement and huge success it has recorded over the years as everyone interest is towards a coin that's dominating the coin market.

There are projects that made announcements in the forum but the market is bearish and those new projects haven't gotten much hype in the market which is why you are seeing them this way. Another possible explanation is that there are so many marketing options available right now that new project don't want to spend their time designing an announcement thread for their project. Whichever case there is bitcointalk is not only an announcement thread for a new project. There are other useful aspects of this forum that should not be overshadowed.

One reason I can get is the fact that these projects actually found out that the Bitcointalk forum just as the name implies has shifted its focus totally to bitcoin only related issues and the alternative cryptocurrencies are not getting the attention they deserve. And for a wide coverage of their project they go to maybe other forum to advertise their projects and works. I don’t see this as Bitcointalk losing it charm but rather it’s members putting their focus fully into bitcoin only. There is this dashboard that shows the number of daily registered members (I can’t find it yet) and it is still increasing which shows that this forum still has its charm

What charm exactly mate?  Are you forgetting there's an altcoins session on the forum. If you check properly, you will find so many new project creating Ann threads over there. The reason might just be simply because there There are so many failed crypto projects over the years and there aren't any more trusted altcoins projects available. Because of this, more people are beginning to adopt Bitcoin instead, which I think is good news.

Observed lately that not many crypto projects announce themselves on bitcointalk these days. Currently successful projects like Ethereum, MANA, AAVE (back then ETHLEND), NEM have anns here, but as years passed we see projects stopped bothering with bitcointalk.

What do you think is the reason? Has bitcointalk lost it's charm?