BitShares Forum
Main => General Discussion => Topic started by: luckybit on April 23, 2015, 02:06:00 am
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https://www.google.com/trends/explore#q=Bitshares
Peak #1 was in August 2014. During this peak Bitshares also peaked in price at $90 million. Peak #2 was in December 2014. After that interests seems to have fallen off a cliff.
It appears that the merger doesn't account for this effect. What went wrong in January to account for the dramatic loss of interest?
Brian Page left in August 2014 to do his own thing: https://bitsharestalk.org/index.php?topic=6845.0
And in December Brian Page left the community completely: https://bitsharestalk.org/index.php?topic=12351.0
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Lack of Interest in Bitshares means Bitshares isn't likely to grow. Google Trends don't lie.
Something must be done to reverse the trend. Bitshares should be gaining interest while Bitcoin is losing interest but instead it's losing interesting along with Bitcoin?
Look at the Maidsafe pattern.https://www.google.com/trends/explore#q=Maidsafe Interest in Maidsafe spikes and falls which shows that the Maidsafe community is fighting the downward trend tooth and nail. It did not just drop off the cliff like Bitshares so perhaps Team Bitshares can learn from Maidsafe.
Also perhaps Team Bitshares can gain by mentioning Maidsafe in more in blogs.
Out of all the trends I've seen NXT is actually on the most dramatic rise. It's gaining more interest now than it ever has had. Why is that? https://www.google.com/trends/explore#q=NXT
It's possible that it's just a popular search term associated with pro wrestling?
People were more interested in Bitshares back in March 2014 than they are in April 2015.
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https://www.google.com/trends/explore#q=bitcoin
Bitshares graph looks better than that, doesnt it.
I would argue that the Bitshares search graph looks better than Maidsafe's. Maidsafe had just one spike, and has been descending (in jagged down-up moves) ever since. Bitshares had multiple peaks going higher, and even though it is lower now, its worst month since the peak is at 45, while Maidsafe's worst month is 27, and Bitcoin 19.
As for NXT, most searches for 'NXT' have nothing to do with NextCoin, as you can tell from the headlines on the search graph, and the fact that it goes back for years, much longer than NXT has ever existed.
Bitshares graph looks pretty similar to Ethereum's if you take out the early part. (Apparently there was something called ethereum that got a lot of searches back in 2007. I wonder what that was).
There is nothing terrible about Bitshares search graph, though of COURSE we want to create another spike.
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The Brian Page leaving thread was painful to re-read. The forward looking statements are our history now. What has become of Brian and his new firm?
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This is only based on search engine trends... if you look at the volumes.. bitcoin is all over the place simply because of all the media coverage outside of bitcoin.. bitshares on the other hand has not gotten that same kind of media coverage. The trending of course was around the initial offering.. but since then its been dev... and most projects up until now have been within the cyrptoverse which limits the search trends dramatically.
Once something gets out in the larger media related to bitshares that generates that search traffic you are going to see that trending change.. at this early stage I don't think it really tells much.
I think some elements coming together are going to cause this trending to turn around. It just hasn't made sense up to this point to get mass coverage.
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people (users evangelist investors), wasted with lot of BitShares pivoting.
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If you want to remove the merger/dilution from the analysis, then you would say the March peak was the 'Ides of March' when the market was expecting the release of BitAssets, followed by a loss of interest in the waiting period. The August peak was the release of BitAssets and interest stayed fairly strong with the December peak being the market anticipating some sort of 1.0/SuperDAC release followed by a loss of interest during the waiting period.
As we get closer to 1.0, Moonstone and other tangible developments, interest may pick up again & the chart you linked to does seem to show a slight up-tick in April.
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Not enough data and too many variables for any significant correlations
Sent from my iPhone using Tapatalk
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
You don't seem to have lost interest :)
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
So you are proposing we do the following:
1) return to deflationary model
2) stop pivoting / changing
3) Bring Adam B. Levine back into the fold
If that is what you want then I think everyone will be very happy with what we are working on and will announce this summer.
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
So you are proposing we do the following:
1) return to deflationary model
2) stop pivoting / changing
3) Bring Adam B. Levine back into the fold
If that is what you want then I think everyone will be very happy with what we are working on and will announce this summer.
Newmine.. just got served lol
Sent from my iPhone using Tapatalk
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
So you are proposing we do the following:
1) return to deflationary model
2) stop pivoting / changing
3) Bring Adam B. Levine back into the fold
If that is what you want then I think everyone will be very happy with what we are working on and will announce this summer.
Newmine.. just got served lol
Sent from my iPhone using Tapatalk
Um, no almost the opposite actually.
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
So you are proposing we do the following:
1) return to deflationary model
2) stop pivoting / changing
3) Bring Adam B. Levine back into the fold
If that is what you want then I think everyone will be very happy with what we are working on and will announce this summer.
Newmine.. just got served lol
Sent from my iPhone using Tapatalk
Um, no almost the opposite actually.
Depends how you look at it. You're a market price guy so we never seem to agree, esp in the bear markets.
Sent from my iPhone using Tapatalk
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The dwindling interest can be attributed to a number of things:
Mainly the merger dilution/distribution and inflation
The alienation of Adam B. Levine and Charles H.
and
The constant pivoting and changing.
I challenge you to go back and read the OG whitepaper, not the new one and compare the ideology and goals, ie the "axioms" part, and tell me how far away we are from that original idea because of the pivots and lack of progress. That is why the waining interest in bitshares continues.
So you are proposing we do the following:
1) return to deflationary model
2) stop pivoting / changing
3) Bring Adam B. Levine back into the fold
If that is what you want then I think everyone will be very happy with what we are working on and will announce this summer.
Newmine.. just got served lol
Sent from my iPhone using Tapatalk
Um, no almost the opposite actually.
Depends how you look at it. You're a market price guy so we never seem to agree, esp in the bear markets.
Sent from my iPhone using Tapatalk
Yeah, my perspective is that at least some of the criticisms he has been making have proven to be somewhat valid, otherwise they wouldn't be being addressed. I doubt it will cheer him up but still.
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Yeah, my perspective is that at least some of the criticisms he has been making have proven to be somewhat valid, otherwise they wouldn't be being addressed. I doubt it will cheer him up but still.
I agree, I just wish NewMine wouldve worked more on discussing criticisms here instead of publically attacking the Bitshares community on Bitcointalk.
If Bitshares can make moves that bring back those who have left us because of the changes, that would be great. (As long as they dont alienate others in the process or cause massive delays).
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1) return to deflationary model
As we are obviously keeping the inflation for delegate pay model, Im going to speculate that Bytemaster means BitShares is integrating with some well-established exchange/gateway that will allow a tonne of BitAssets to be sold (without using the client), making the blockchain highly deflationary on balance.
Am I right? (I know, we can only speculate) :P
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1) return to deflationary model
As we are obviously keeping the inflation for delegate pay model, Im going to speculate that Bytemaster means BitShares is integrating with some well-established exchange/gateway that will allow a tonne of BitAssets to be sold (without using the client), making the blockchain highly deflationary on balance.
Am I right? (I know, we can only speculate) :P
If fees collected and burned are higher than coins created then you are deflationary.... we just need a way to generate enough fees as income to become deflationary.